Translation

Ref. 2022/08/02

August 8, 2022

Subject : Inform the subsidiary to invest in the purchase of ordinary shares of the company

The Million Link Co., Ltd.

To

:The President

The Stock Exchange of Thailand

With the Board of Directors of Tong Hua Media Lab Co., Ltd. (TONG HUA MEDIA LAB), a

subsidiary of Tong Hua Holding Public Company Limited, passed a resolution at the meeting No. 2/2022 on August 8, 2022. to invest in the purchase of shares from existing shareholders without connected transactionsand capital increase shares of The Million Link Company Limited, the owner of the newspaper Dimension Stock in the amount of 5,100,000 baht, by using the working capital of the subsidiary accountingfor 51% of the registered capital of 10,000,000 baht, which is lower than the book value and there will be a representative of the subsidiary to be a director of 2 out of the total 3 directorsrepresenting 51% of the registered capital of 10,000,000 baht, which is lower than the book value To jointly develop and expand the business of both the Tong Hua newspaper and the stock market newspaper, for example, the development of the Chinese‐language Dimension‐Share newspaper for foreign investors such as the People's Republic of China, Singapore, Taiwan, etc. to receive information on the money market and the capital market, including Alternative Investment.

In addition, Tong Hua Media Lab Company Limited aims to use technology. Decentralized Storage in storage of all media, which Tong Hua Holding Public Company Limited has been selected as one of 15 companies worldwide that participate in the Web3ESPA (Web3 Enterprise Storage Provider Accelerator) project. It was established by Protocol Labs (founder of IPFS and Filecoin projects), PikNik (USA leader in Decentralized Storage), Seagate (leading Data Storage Company) and AMD (leading data storage company). Semiconductor) to develop media to the Next Generation Media with features

  • Decentralized Filtering: Designing a decentralized data filtering method to combat fake news. and false information through Cryptoeconomics and Web of Trust to create trustworthy and reliable media.
  • Verifiable Semantic Linked Data: Designing a verifiable, semantic media storage structure. Machine‐readable language through semantic and cryptographic technology
  • Interactive experience: Designing interactive experiences for users and machines to create an interactive experience.Participate in content creation and consumption
  • Innovative monetization models: monetization in today's media such as showing annoying ads and bringing Information for commercial use it is an invasion of personal rights. Media consumers deserve something better and more fair.
  • Confirmation Bias: Reducing biased media consumption through metrics that offer consumers a perspective get more round

However, the aforementioned transaction does not qualify as a connected transaction. and the size of the transaction is not a transaction that must be disclosed according to the Notification of the Capital Market Supervisory Board No. TJ 20/2551. and according to the Notification of the

Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Actions of Listed Companies in the Acquisition or Disposition of Assets 2004 (including any amendments)

However, the Company has a duty to disclose information in accordance with the regulations of the Stock Exchange of Thailand regarding A listed company or a subsidiary has acquired or disposed of an investment in another company, which results in that other company being in or out of state. being a subsidiary of a listed company or of that subsidiary

Sincerely yours,

Mr.Pongsak Chajiamjan

President

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Tong Hua Holding pcl published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 12:20:46 UTC.