Darwin Precisions : Increase capital expenditure budget of its subsidiary approved by the Company's Board of Directors

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Provided by: DARWIN PRECISIONS CORPORATION
SEQ_NO	1	Date of announcement	2021/12/01	Time of announcement	17:07:03
Subject	Increase capital expenditure budget of its subsidiary approved by the Company's Board of Directors
Date of events	2021/12/01	To which item it meets	paragraph 15
Statement	1.Date of the resolution of the board of directors or shareholders meeting:2021/12/01 2.Content of the investment plan:The Company's Board of Directors approved the increase capital expenditure budget of Darwin Precisions (Xiamen) Corp., a subsidiary of the Company today 3.Projected monetary amount of the investment:RMB239 millions (about NT$1.039 billion) 4.Projected date of the investment:Continue to invest after the approval of the Board of Directors 5.Source of capital funds:The subsidiary's own working capital and bank loans. 6.Specific purpose:For purchasing equipment to expand production capacity 7.Any other matters that need to be specified:Aforementioned budget execution of the subsidiary will be subject to customer demand and market situation and to adjust flexibly. The actual amount that the subsidiary will pay will be subject to the execution progress and the vendor payment terms.