[Shin Hsing] (Acting) Haide Co. provides US dollar certificates of deposit as collateral for the company's bank credit application (original credit line renewal).

1. Date of occurrence: 115/05/13 2. Company under endorsement guarantee: (1) Company name: Shin Hsing Navigation Co., Ltd. (2) Relationship with the company providing endorsement guarantee: 100% wholly-owned parent company (3) Endorsement guarantee limit (in thousands NTD): 6,316,257 (4) Original endorsement guarantee balance (in thousands NTD): 3,300,000 (5) New endorsement guarantee amount (in thousands NTD): 2,000,000 (6) Endorsement guarantee balance as of the date of occurrence (in thousands NTD): 5,300,000 (7) Actual amount used by the endorsed company (in thousands NTD): 2,953,000 (8) Reason for new endorsement guarantee: Renewal of bank credit agreement. 3. Collateral provided by the endorsed company: (1) Content: None. (2) Value (in thousands NTD): 0 4. Most recent financial statements of the endorsed company: (1) Capital (in thousands NTD): 5,853,533 (2) Accumulated profit/loss (in thousands NTD): 8,252,110 5. Release of endorsement guarantee liability: (1) Conditions: The endorsement guarantee liability can be released upon repayment of the loan, termination of the contract, or release of the collateral pledge. (2) Date: Same as above. 6. Total endorsement guarantee limit (in thousands NTD): 52,995,801 7. Endorsement guarantee balance as of the date of occurrence (in thousands NTD): 15,256,300 8. As of the date of occurrence, ratio of endorsement guarantee balance to the net worth of the public company's most recent financial statements: 86.36% 9. As of the date of occurrence, ratio of total endorsement guarantee, long-term investments, and loans to the net worth of the public company's most recent financial statements: 34.49% 10. Other matters that should be specified: None. Keywords: Material Information