1516 Chuanfei Energy Announces Capital Reduction to Offset Losses

Date of Announcement: June 26, 115 Date of Statement: June 25, 115 Time of Statement: 13:47:32 Company Code: 1516 Company Name: Chuanfei Main Purpose: Announcement of capital reduction to offset losses and related creditor notice Applicable Clause: Item 51 Factual Date: June 25, 115 Details: 1. Factual Date: 6/25/115 2. Company Name: Chuanfei Energy Co., Ltd. 3. Relationship with Company (please enter 'Company' or 'Subsidiary'): Company 4. Cross-shareholding Ratio: Not applicable 5. Reason for Occurrence: The company's proposal for capital reduction to offset losses was approved at the 115th annual shareholders' meeting. 6. Response Measures: (1) The company has passed a resolution at the annual shareholders' meeting on June 25, 115, to carry out capital reduction to offset losses. The capital will be reduced by NT$100,000,000, and 10,000,000 issued shares will be canceled. The capital reduction ratio is approximately 24.995%. The paid-in capital after reduction will be NT$300,081,950, with a par value of NT$10 per share, and the total number of issued shares will be 30,008,195. (2) Creditors who have objections to this capital reduction must submit their objections in writing within 32 days from the day after the announcement (from June 26, 115 to July 27, 115). Those who fail to express their objections within the period will be deemed to have no objections. This is hereby announced. 7. Other Matters to be Disclosed: None.