Chainqui Construction Development Co., Ltd. announced contract for Joint construction and allocation of housing units. Counterparty to the contract and relationship with the Company: Nanbao Industrial Co., Ltd.and other non-related parties. Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and start and end dates of the contract), restrictive covenants, and other important terms and conditions: Landmarking:14 land numbers including No.

697 in Dalong Section, Datong District, Taipei City Area of land:396.28 Taiwanese ping. Distribution ratio:House:Landlord/Builder(the Company)=60%/40% b.Parking space:Landlord/Builder(the Company)=55%/45% anticipated monetary amount of participation in the investment:total amount TWD 934.03 million. Name of the professional appraisal firm or company and its appraisal opinion: Ting-Yu Real Estate Appraisers Joint Firm made an appraisal for ratio of Landlord/Builder:59.21%/40.79% Name of the real property appraiser: Ting-Yu Real Estate Appraisers Joint Firm-CHANG,YU-YEN Concrete purpose of the acquisition: Development and construction for sale.

Reason for an appraisal report not being obtained: Time is urgent,make up the event.