Taiwan Cogeneration Corporation previously announced that the Board of Directors of the company approved the investment for Grid-connected Energy Storage Systems, which will be installed in Yunlin, and the projected monetary amount of the investment is approximately TWD 0.7 billion. Due to the recent drastic changes in the market environment, including exchange rates, prices of raw materials and interest rates, the current market development environment and risks are different from the previous evaluation. Thus, the Company terminated this investment project after re-evaluation.