Century Iron and Steel Industrial : Resolution of the Board of Directors of the Company to increase the capital of CHWE (Correction of the number of previous transactions, and others)

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Provided by: Century Iron And Steel Industrial Co.,Lt
SEQ_NO	2	Date of announcement	2022/06/16	Time of announcement	18:01:03
Subject	Resolution of the Board of Directors of the Company to increase the capital of CHWE (Correction of the number of previous transactions, and others)
Date of events	2020/11/06	To which item it meets	paragraph 20
Statement	1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):Acquired additional common stock of subsidiary Century Huaxin Wind Energy Co. Ltd. 2.Date of occurrence of the event:2020/11/06~2020/11/06 3.Amount, unit price, and total monetary amount of the transaction:Number of previous transactions for the year: approx. 25,997 thousand shares (Corrected) Previous price per unit: approx. NT$10 per share (Corrected) Total transaction amount: approx. NT$260 million (Corrected) Number of shares traded: approx. 6,314,000 shares (Corrected) Current price per unit: approx. NT$20 per share (Corrected) Total transaction amount: approx. NT$126 million (Corrected) 4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):Counterparty: Century Huaxin Wind Energy Co. Ltd. Relationship with the Company: 37.14% owned subsidiary of the Company 5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:The Company's subsidiary engages in cash capital increase. 6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:N/A 7.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):N/A 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):N/A 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:Delivery or payment terms: Cash (in accordance with the terms of the cash capital increase issue). Restricted terms of the contract: None. Other important matters: None. 10.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:Determination method of the transaction: Cash capital increase. 11.Net worth per share of the Company's underlying securities acquired or disposed of:NT$9.15 12.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:Quantity: approx. 32,311 thousand shares (Corrected) Amount: approx. NT$386,242 thousand (Corrected) Shareholding ratio: approx. 38.01% (Corrected) Restricted rights: None. 13.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:Percentage of total assets in the Company's most recent financial statements: 4.24% (Corrected) Percentage of the Company's most recent equity attributable to the owners of the parent company: 8.69% (Corrected) Working capital in the most recent financial statements: $1,044,649 thousand 14.Broker and broker's fee:N/A 15.Concrete purpose or use of the acquisition or disposal:None 16.Any dissenting opinions of directors to the present transaction:None 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2020/11/06 19.Date of ratification by supervisors or approval by the Audit Committee:2020/11/06 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:N/A 21.Name of the CPA firm:N/A 22.Name of the CPA:N/A 23.Practice certificate number of the CPA:N/A 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:N/A 26.Details on transactions with the counterparty for the past year and the expected coming year:N/A 27.Source of funds:N/A 28.Any other matters that need to be specified:N/A