[Zhen Da Global] Announcement on behalf of subsidiary GIANT LANCE INTERNATION LTD. pursuant to Article 22, Paragraph 1, Item 3 of the Regulations Governing Fund Lending and Endorsement Guarantees by Publicly Issued Companies

1. Date of fact occurrence: 115/05/11 2. Recipient of fund lending: (1) Company name: GREAT BAOBAB GARMENT SARLU (2) Relationship with the company to whom funds are lent: GIANT LANCE INTERNATION LTD. and GREAT BAOBAB GARMENT SARLU are both wholly-owned subsidiaries of this Company. (3) Limit of fund lending (thousands of Yuan): 6,583,509 (4) Remaining balance of previous fund lending (thousands of Yuan): 0 (5) Amount of new fund lending (thousands of Yuan): 313,850 (6) Whether it is fund lending authorized by the Board of Directors to be disbursed or used cyclically by the same borrower: Yes (7) Outstanding balance of fund lending up to the date of fact occurrence (thousands of Yuan): 313,850 (8) Reason for the new fund lending: To support BAOBAB company's future production expansion and operating capital needs. 3. Collateral provided by the company receiving fund lending: (1) Content: None (2) Value (thousands of Yuan): 0 4. Latest financial statement of the company receiving fund lending: (1) Capital (thousands of Yuan): 177,627 (2) Accumulated profit (loss) amount (thousands of Yuan): 283 5. Interest calculation method: Interest-free 6. Repayment: (1) Conditions: As per contract (2) Date: As per contract 7. Outstanding balance of fund lending up to the date of fact occurrence (thousands of Yuan): 313,850 8. Ratio of outstanding balance of fund lending up to the date of fact occurrence to the net worth in the latest financial statement of the publicly issued company: 4.77 9. Source of funds lent by the company: Subsidiary's own funds 10. Other matters to be noted: 1. Zhen Da Global's Q1 115 net equity = 6,583,509 thousand Yuan. 2. The exchange rate of USD to TWD was calculated based on the average exchange rate of Shanghai Commercial Bank on 115/5/11, which is 31.385.