Dividend Payment Policy

   The Company has a policy to pay dividends to shareholders at the rate of not less than 40% of the net profit from the Company's financial statements after deduction of corporate income tax and allocation of all types of reserves as stipulated by laws and the Company's Regulation of Association each year, but there must be no accumulated loss in shareholders' equity. However, such dividend payment is subject to change, subject to necessity and other appropriateness as the Board of Directors deems appropriate, taking into account various factors for the benefit of shareholders e.g. economic conditions, company's operating results and financial status, financial liquidity, cash flow, business management reserves, business expansion, future investment, reserves funds to repay loans or as working capital within the company. The conditions and restrictions stipulated in the loan agreement and dividend payment have no significant impact on the Company's normal operations. In the event that the Company deems it appropriate to pay dividends, the Company must comply with the law, regulations, rules or other relevant announcements by taking into account the interests of the Company's shareholders. The annual dividend payment shall be approved by the shareholders' meeting, except for the payment of interim dividends, which the Board of Directors may approve the payment of interim dividends from time to time when it deems that the Company is profitable enough to do so and report such interim dividend payment to the next shareholders' meeting.