[Hotai Motor] Announces Fund Lending Matters by Subsidiary Hwatong Motor Investment Co., Ltd. in Accordance with Article 22, Paragraph 1, Item 3 of the "Rules for Publicly Issued Companies on Fund Lending and Endorsement Guarantees"

1. Date of fact occurrence: 115/04/20 2. Recipient of fund loan: (1) Company name: Shanghai Heling Auto Service Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are wholly-owned overseas companies of Hotai Motor directly and indirectly holding voting shares. (3) Limit of fund loan (thousands of NTD): 8,799,803 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 701,550 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 701,550 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Shanghai Heyu Toyota Auto Service Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are wholly-owned overseas companies of Hotai Motor directly and indirectly holding voting shares. (3) Limit of fund loan (thousands of NTD): 8,799,803 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 187,080 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 187,080 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Shanghai Hezhan Auto Service Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are wholly-owned overseas companies of Hotai Motor directly and indirectly holding voting shares. (3) Limit of fund loan (thousands of NTD): 8,799,803 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 350,775 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 350,775 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Shanghai Hotai Toyota Forklift Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are wholly-owned overseas companies of Hotai Motor directly and indirectly holding voting shares. (3) Limit of fund loan (thousands of NTD): 8,799,803 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 140,310 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 140,310 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Chongqing Hailing Lexus Auto Sales Service Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are wholly-owned overseas companies of Hotai Motor directly and indirectly holding voting shares. (3) Limit of fund loan (thousands of NTD): 8,799,803 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 280,620 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 280,620 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Tianjin Heling Lexus Auto Sales Service Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are wholly-owned overseas companies of Hotai Motor directly and indirectly holding voting shares. (3) Limit of fund loan (thousands of NTD): 8,799,803 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 233,850 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 233,850 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Tianjin Heyu Toyota Auto Sales Service Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are overseas companies of Hotai Motor directly and indirectly holding seventy percent of voting shares. (3) Limit of fund loan (thousands of NTD): 1,759,960 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 163,695 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 163,695 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Tianjin Hezhan Auto Service Co., Ltd. (2) Relationship with the company providing the loan: Hwatong Motor Investment Co., Ltd. Both are wholly-owned overseas companies of Hotai Motor directly and indirectly holding voting shares. (3) Limit of fund loan (thousands of NTD): 8,799,803 (4) Original outstanding balance of fund loan (thousands of NTD): 0 (5) Amount of new fund loan (thousands of NTD): 140,310 (6) Is this a fund loan authorized by the board of directors for the same borrower to be disbursed in installments or revolving use: Yes (7) Outstanding balance of fund loan as of the date of fact occurrence (thousands of NTD): 140,310 (8) Reason for the new fund loan: Short-term financing. (1) Company name: Tangshan Hailing Lexus