【Kingcheng】Announces Shareholders' Meeting Resolution Approving Directors' Competitive Activities

1. Shareholders' Meeting Resolution Date: 115/06/26

2. Names and Titles of Directors Approved for Competitive Activities: Tsai Tien-Tsuan, Director Representative Tsai Hsueh Mei-Yun, Director Representative Lee Shih-Hsiung, Director Representative Chen Jin-Xing, Director Representative Tien Lai Investment Co., Ltd., Director

3. Approved Competitive Business Activities: Real estate development, construction, and investment industries.

4. Duration of Approval: Throughout the current term of office of the directors.

5. Voting Outcome (as per Article 209 of the Company Act): The shares represented at the meeting accounted for 91.63% of the total issued shares, exceeding the two-thirds threshold required by Article 209 of the Company Act. The resolution was approved with 99.88% of votes in favor.

6. Directors Engaging in Competitive Activities Related to Mainland China-Based Businesses (if not applicable, state 'Not Applicable'): Not Applicable

7. Company Name and Position Held in Such Mainland China-Based Business: Not Applicable

8. Address of Such Mainland China-Based Business: Not Applicable

9. Business Scope of Such Mainland China-Based Business: Not Applicable

10. Impact on the Company's Financial and Operational Performance: The business nature of the competitive companies differs from that of our company; therefore, the impact is minimal.

11. If any director has invested in such Mainland China-based business, the investment amount and shareholding ratio: Not Applicable

12. Other Matters to Be Disclosed: None