HONGCHI Announces Board Resolution of Subsidiary Long Han Technology (Holdings) Co., Ltd. to Approve Capital Reduction

1. Date of Board Resolution: 115/05/08 2. Reason for Capital Reduction: To improve financial structure and compensate for losses. 3. Amount of Capital Reduction: NT$100,000,000 4. Shares to be Cancelled: 10,000,000 shares 5. Capital Reduction Ratio: 20.986359% 6. Capital After Reduction: NT$376,500,000 7. Scheduled Shareholders' Meeting Date: 115/06/30 8. Other Matters to be Notified: The record date for capital reduction and other related matters will be fully handled by the Chairman authorized by the shareholders' meeting in accordance with relevant laws and regulations.