Chung Fu International Announces Board Approval of Restated Q1 2026 Financial Report with Accountant's Review Containing Qualified Opinion

1. Factual Date: 115/06/15

2. Full Text of Accountant's Review Opinion:
To Whom It May Concern, Chung Fu International Co., Ltd.:

Introduction
The balance sheets of Chung Fu International Co., Ltd. as of March 31, Year 115 (restated) and Year 114, and the consolidated statements of comprehensive income, changes in equity, and cash flows for the period from January 1 to March 31, Year 115 (restated) and Year 114, along with the notes to the financial statements (including a summary of significant accounting policies), have been reviewed by this accounting firm. The preparation of financial statements that fairly present the information in accordance with the Financial Reporting Standards for Securities Issuers and the International Accounting Standard No. 34 'Interim Financial Reporting' recognized and promulgated by the Financial Supervisory Commission is the responsibility of management. The responsibility of this accountant is to form a conclusion on the financial statements based on the review results.

Scope
Except as described in the Basis for Qualified Conclusion section, this accountant conducted the review engagement in accordance with Review Standard No. 2410, 'Review of Financial Statements.' Procedures performed during the review of the financial statements include inquiries (primarily with personnel responsible for financial and accounting matters), analytical procedures, and other review procedures. The scope of a review is substantially less than that of an audit, and consequently, we may not become aware of all matters that might be detected in an audit. Therefore, we do not express an audit opinion.

Basis for Qualified Conclusion
As disclosed in Note 6(7) to the financial statements, the amounts of investments accounted for using the equity method as of March 31, Year 115 (restated) and Year 114 were NT$170,096 thousand and NT$283,500 thousand, respectively. The shares of (losses) profits from associates and joint ventures accounted for using the equity method for the periods from January 1 to March 31, Year 115 (restated) and Year 114 were NT$(558) thousand and NT$(1,561) thousand, respectively. These amounts are based on the unaudited financial statements of the investee companies for the same periods. Additionally, the information regarding these investee companies disclosed in Note 13 to the financial statements has not been reviewed by an accountant.

Other Matters—Updated Conclusion
On May 15, Year 115, this accountant previously stated that due to the inability to obtain sufficient and appropriate review evidence regarding the equity-method investment in Fu Hsing Investment Co., Ltd., we could not form a conclusion on the pre-restatement Q1 Year 115 financial report of Chung Fu International Co., Ltd. However, as stated in Note 12(2) to the financial statements, Chung Fu International Co., Ltd. has now provided the self-prepared financial information for the same period from Fu Hsing Investment Co., Ltd., an equity-method investee, and has restated its Q1 Year 115 financial report. Therefore, in this report, the conclusion expressed by this accountant on the post-restatement Q1 Year 115 financial report of Chung Fu International Co., Ltd. has been updated and differs from the previous conclusion.

Qualified Conclusion
Based on our review, except for the potential adjustments that might arise if the financial statements and related information of the equity-method investees mentioned in the Basis for Qualified Conclusion section were reviewed by an accountant, which could affect the financial reports for Q1 Year 115 (restated) and Year 114, we have not identified any material misstatements indicating that the aforementioned financial reports were not prepared in all material respects in accordance with the Financial Reporting Standards for Securities Issuers and the International Accounting Standard No. 34 'Interim Financial Reporting' recognized and promulgated by the Financial Supervisory Commission, thereby failing to fairly present the financial position of Chung Fu International Co., Ltd. as of March 31, Year 115 (restated) and Year 114, and the financial performance and cash flows for the periods from January 1 to March 31, Year 115 (restated) and Year 114.

3. Name of Accounting Firm: Kuan Heng & Associates CPA Firm

4. Name of Signing Accountant and Approval Document Number 1: Chang Chin-Te / (079) MOF(SF) No. 00351

5. Name of Signing Accountant and Approval Document Number 2: Chu Shu-Mei / FSC No. 8492

6. Accountant's Review Report Date: 115/06/15

7. Response Measures:
The restated Q1 Year 115 financial report of our company has been approved by the Board of Directors and is being re-announced and re-submitted in accordance with the law.

8. Other Matters to be Disclosed: None