2542 Hsing Fu Fa Announces Board Approval to Participate in Second Cash Capital Increase of Subsidiary Yuan Sheng International Enterprise Co., Ltd.

Release Date: 1150715 Statement Date: 1150714 Statement Time: 162311 Company Code: 2542 Company Name: Hsing Fu Fa Subject: Announcement of Board Resolution to Participate in the 115th Year Second Cash Capital Increase of Yuan Sheng International Enterprise Co., Ltd., a Subsidiary Applicable Clause: Clause 20 Factual Date: 1150714

Details:

1. Name and Nature of the Subject Matter (if preferred shares, specify terms such as dividend rate): Ordinary shares of Yuan Sheng International Enterprise Co., Ltd.

2. Factual Date: 115/7/14 ~ 115/7/14

3. Board Approval Date: July 14, 115 (Minguo Calendar)

4. Other Approval Dates: Not applicable

5. Transaction Quantity, Unit Price, and Total Transaction Amount: Number of Shares: 60,000,000 shares Price per Share: NT$10 Total Transaction Amount: NT$600,000,000

6. Counterparty and Its Relationship with the Company (if the counterparty is a natural person and not a related party, name disclosure may be omitted): Counterparty: Yuan Sheng International Enterprise Co., Ltd. Relationship with the Company: 100% owned subsidiary of the Company

7. If the counterparty is a related party, state the reason for selecting such party, previous transferor, relationships among the previous transferor, the company, and the counterparty, transfer date, and amount: Not applicable

8. If the ownership of the subject matter was held by a related party of the company within the past five years, disclose the acquisition and disposal dates, prices, and the relationship with the company at the time: Not applicable

9. Matters related to the disposal of receivables (including types of collateral, and if receivables from related parties, disclose names and book amounts): Not applicable

10. Gain (or loss) from disposal (not applicable for acquisition of securities) (if previously deferred, explain recognition): Not applicable

11. Delivery or Payment Terms (including payment schedule and amounts), contractual restrictions, and other important agreements: Payment Terms: Cash payment (According to Yuan Sheng International Enterprise Co., Ltd.'s capital increase schedule) Contractual Restrictions and Other Important Terms: None

12. Method of Transaction Decision, Basis for Price Determination, and Decision-Making Unit: Transaction Decision Method: Cash capital increase Basis for Price Determination: Par value of NT$10 Decision-Making Unit: Board of Directors

13. Net Asset Value per Share of the Securities-Issuing Company: Not applicable

14. Cumulative Holdings (including this transaction) of the Securities: Quantity, Amount, Ownership Percentage, and Rights Restrictions (e.g., pledge status): Cumulative Holdings: 180,000,000 shares Cumulative Holding Amount: NT$1,800,000,000 100% owned subsidiary of the Company No rights restrictions

15. Cumulative securities investments under Article 3 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies' (including this transaction), as a percentage of total assets and equity attributable to owners of the parent in the latest financial statements, and the amount of working capital in the latest financial statements: Percentage of Total Assets: 9.96% Percentage of Equity Attributable to Owners of the Parent: 29.60% Working Capital in Latest Financial Statements: NT$38,498,071 thousand

16. Broker and Brokerage Fees: Not applicable

17. Specific Purpose or Use of the Acquisition or Disposal: Long-term investment

18. Dissenting Director Opinions on This Transaction: None

19. Whether This Transaction is a Related-Party Transaction: Yes

20. Date of Supervisor Approval or Audit Committee Consent: July 14, 115 (Minguo Calendar)

21. Whether Accountants Issued a Non-Reasonable Opinion: Not applicable

22. Name of Accounting Firm: Not applicable

23. Name of Accountant: Not applicable

24. Accountant's Practice Certificate Number: Not applicable

25. Whether This Involves a Change in Business Model: No

26. Explanation of Business Model Change: (Blank)

27. Transaction History with Counterparty in the Past Year and Expected in the Next Year: Not applicable

28. Source of Funds: Not applicable

29. Previous Material Information Announcement Date for the Same Event: Not applicable

30. Other Explanatory Matters: None