【Hua Xin】Announcement: Board of Directors Resolves to Cash Capital Increase for Subsidiary Concord Industries Limited

1. Name and nature of the target (for preferred shares, the agreed terms of issuance such as dividend rate should also be specified): Shares of Concord Industries Limited 2. Date of occurrence of the event: 2026/5/8~2026/5/8 3. Date of board of directors resolution: May 8, 2026 4. Other approval dates: Not applicable 5. Transaction quantity, unit price, and total transaction amount: (1) Transaction quantity: 20,000,000 shares (2) Unit price: USD 1 per share (3) Total transaction price: USD 20,000 thousand 6. Counterparty of the transaction and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): (1) Counterparty: Concord Industries Limited (2) Relationship with the company: Concord Industries Limited is a 100% directly held subsidiary of the company 7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the date of previous transfer, and the transfer amount should also be announced: Not applicable (cash capital increase) 8. If the owner of the transaction target has been a related party of the company within the past five years, the date and price of the related party's acquisition and disposal, and the relationship with the company at the time of the transaction should also be announced: Not applicable 9. Matters related to the disposal of claims (including the type of collateral attached to the disposed claims, and if the disposed claims belong to claims against a related party, the name of the related party and the book value of the disposed claims against that related party should also be announced): Not applicable 10. Disposal profit (or loss) (not applicable for acquisition of securities) (if deferred, a list explaining the recognition status should be provided): Not applicable 11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreed matters: (1) Delivery or payment terms: Payment shall be made after approval by the Investment Commission of the Ministry of Economic Affairs. (2) Contractual restrictions and other important agreed matters: None 12. Method of determining this transaction, reference basis for price determination, and decision-making unit: (1) Transaction determination method and price reference basis: Cash capital increase (2) Decision-making unit: Board of Directors 13. Net value per share of the acquired or disposed securities target company: NTD 5.17 14. As of now, the number, amount, shareholding ratio, and restrictions on rights (such as pledges) of cumulative holdings of these transaction securities (including this transaction): (1) Quantity: 366,498,375 shares (2) Amount: NTD 1,960,728 thousand (3) Shareholding ratio: 100% (4) Restrictions on rights: None 15. As of now, the proportion of investment in securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the company's most recent financial report's total assets and equity attributable to owners of the parent, and the working capital amount in the most recent financial report (Note 2): (1) Proportion to total assets: 76.30% (2) Proportion to shareholders' equity: 102.36% (3) Working capital amount: NTD 1,858,227 thousand 16. Broker and brokerage fees: None 17. Specific purpose or use of acquisition or disposal: Capital expenditure 18. Opinions of dissenting directors on this transaction: None 19. This transaction is a related party transaction: Yes 20. Date of supervisor approval or audit committee consent: April 30, 2026 21. Accountant issued an unreasonable opinion on this transaction: Not applicable 22. Name of accounting firm: Not applicable 23. Name of accountant: Not applicable 24. Accountant's practice certificate number: Not applicable 25. Does it involve a change in operating model: No 26. Explanation of operating model change: Not applicable 27. Transaction status with the counterparty in the past year and expected next year: Not applicable 28. Source of funds: Not applicable 29. Date of previously issued major announcement regarding the same event: Not applicable 30. Other matters to be specified: None Keywords: Major Announcement