[Tung Ho Steel] Announcement of reporting matters pursuant to Article 25, Paragraph 1, Subparagraph 4 of the Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies

1. Date of occurrence of the fact: 115/04/28 (Republic of China Calendar) 2. Endorsed and Guaranteed Entity: (1) Company Name: Tung Ho Steel Vietnam Corp., Ltd. (2) Relationship with the company providing endorsement and guarantee: 100% invested subsidiary of our company (3) Endorsement and guarantee limit (RMB thousands): 16,213,605 (4) Original endorsement and guarantee outstanding balance (RMB thousands): 10,784,000 (5) Amount of new endorsement and guarantee added this time (RMB thousands): 960,000 (6) Endorsement and guarantee outstanding balance as of the date of occurrence (RMB thousands): 11,744,000 (7) Actual amount utilized by the endorsed and guaranteed company (RMB thousands): 1,721,920 (8) Reason for the new endorsement and guarantee this time: Renewal of bank loan facility for the subsidiary, approved by the Board of Directors of our company for endorsement and guarantee. Meets the announcement standard of endorsement and guarantee outstanding balance reaching Article 25, Paragraph 1, Subparagraph 4 of the Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies. (1) Company Name: Fujian Zhongrida Metal Co., Ltd. (2) Relationship with the company providing endorsement and guarantee: Associated enterprise jointly invested by all shareholders according to their shareholding ratio for its endorsement and guarantee. (3) Endorsement and guarantee limit (RMB thousands): 16,213,605 (4) Original endorsement and guarantee outstanding balance (RMB thousands): 1,405,600 (5) Amount of new endorsement and guarantee added this time (RMB thousands): 1,405,600 (6) Endorsement and guarantee outstanding balance as of the date of occurrence (RMB thousands): 2,811,200 (7) Actual amount utilized by the endorsed and guaranteed company (RMB thousands): 648,832 (8) Reason for the new endorsement and guarantee this time: Renewal of bank loan facility for the associated enterprise, approved by the Board of Directors of our company for endorsement and guarantee. Meets the announcement standard of endorsement and guarantee outstanding balance reaching Article 25, Paragraph 1, Subparagraph 4 of the Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies. 3. Collateral provided by the endorsed and guaranteed company: (1) Content: None (2) Value (RMB thousands): 0 4. Most recent financial statements of the endorsed and guaranteed company: (1) Capital (RMB thousands): 8,231,791 (2) Accumulated profit and loss (RMB thousands): -4,795,410 5. Conditions for release of endorsement and guarantee liability: (1) Conditions: The guarantee liability can be released when the subsidiary and associated enterprise terminate their loan facilities with the bank. (2) Date: The date when the subsidiary and associated enterprise terminate their loan facilities with the bank. 6. Total endorsement and guarantee limit (RMB thousands): 16,213,605 7. Endorsement and guarantee outstanding balance as of the date of occurrence (RMB thousands): 14,555,200 8. As of the date of occurrence, the ratio of endorsement and guarantee outstanding balance provided by A to the net worth in the public company's most recent financial statements: 44.89% 9. As of the date of occurrence, the combined ratio of endorsement and guarantee, long-term investments, and loan outstanding balance to the net worth in the public company's most recent financial statements: 60.26% 10. Other explanations: Calculated based on exchange rates as of the end of March 115 (Republic of China Calendar): US dollar 32.00, Vietnamese Dong 0.001198, RMB 4.629.