Announcement on behalf of a 100% owned subsidiary, Sinyi Development Inc. of investment real estate development ｜ Sinyi Realty Inc. ｜ Investor Relations

Subject：Announcement on behalf of a 100% owned subsidiary, Sinyi Development Inc. of investment real estate development
To which item it meets：paragraph 51
Date of events：2021/03/19

Statement：

1. Date of occurrence of the event:2021/03/19
2. Company name:Sinyi Development Inc.
3. Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiaries
4. Reciprocal shareholding ratios:not applicable
5. Cause of occurrence: In order to persistently run real estate development business, the Company's Board of Directors resolved that its 100% owned subsidiary, Sinyi Development Inc., searches real estate in Taipei City or New Taipei City to joint construction or acquire land to build with no more than NTD 3 billion.
6. Countermeasures:not applicable
7. Any other matters that need to be specified:Announcement will be done on MOPS after the transaction conditions are completed.