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12.26 2019

Clarification on media reporting

1.Date of occurrence of the event:2019/12/26
2.Company name:Epistar Corporation
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Name of the reporting media:Commercial Times
6.Content of the report:
@ The Micro LED Production base, EPISTAR joint venture with China Leyard.
7.Cause of occurrence:2019/12/26 media reporting.
8.Countermeasures:
@ The EPISTAR now is under negotiating with the China Leyard Group on a 
@ joint venture plan by various investment stages based on operational needs.
@ The investment agreement currently signed will not be formally proceeded
@ until the relevant legal procedures are completed and relevant announcements
@ will be made in accordance with regulations If the investment amount reaches
@ the announcement standards. Here to clarifying that Mr. Shih-Shien Chang is
@ the CEO, rather than the Chairman, of the Yenrich Technology Corporation
@ which is a 100% shares held subsidiary of EPISTAR. Investors are advised
@ to exercise due diligence regarding the content of the news in order to
@ protect their own rights and interests.
9.Any other matters that need to be specified:None.