United Alloy Tech : The board of directors resolved to adjust the investment capital of the subsidiary United Alloy-Tech HK Limited

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Provided by: UNITED ALLOY-TECH COMPANY
SEQ_NO	2	Date of announcement	2022/07/07	Time of announcement	17:31:38
Subject	The board of directors resolved to adjust the investment capital of the subsidiary United Alloy-Tech HK Limited
Date of events	2022/07/07	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.):United Alloy-Tech HK Limited 2.Date of occurrence of the event:2021/10/18~2022/07/07 3.Volume, unit price, and total monetary amount of the transaction: The capital is EUR45,000,000. 4.Trading counterparty and its relationship to 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): Parent company and Subsidiary. 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 value of transfer: without 6.Where an owner of the underlying assets within the past five years has been an 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 to the Company at the time of the transaction: without 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: None 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status of recognition shall be listed and explained): without 9.Terms of delivery or payment (including payment period and monetary value), restrictive covenants in the contract, and other important terms and conditions: The capital is EUR45,000,000. 10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: Board Resolution 11.Net worth per share of the Company's underlying securities acquired or disposed of: not applicable 12.Cumulative no.of shares held (including the current transaction), their monetary value, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment: Cumulative monetary value of shares held：EUR41,276,500. 13.Ratio of securities investment (including the current transaction) to the total assets and shareholder's equity of the parent company on the latest financial statements, and the operating capital on the latest financial statements, as of the present moment: Ratio of securities investment to the total assets：66.89% Ratio of securities investment to the shareholder's equity：77.09% The operating capital on the latest financial statements： NTD 219,720 thousand. 14.Broker and broker's fee: None 15.Concrete purpose or use of the acquisition or disposal: Obtained a Hong Kong company to expand European sales channels and customers. Reinvested in United Alloy-Tech Europe Limited Liability Company Sabac. 16.Whether the directors expressed any objection to the current transaction:without 17.Whether the counterparty of the current transaction is a related party: Yes 18.Date of the Board of Directors' resolution:2022/07/07 19.Date of ratification by supervisors or approval by the Audit Committee:2022/07/07 20.Whether the CPA issued an opinion on the unreasonableness regarding the current transaction:NA 21.Name of the CPA firm:NA 22.Name of the CPA:NA 23.License no.of the CPA:NA 24.Any other matters that need to be specified: 2021/10/18 Approved for establishment with EUR41 million (converted amount of approximately NTD1.32 billion), and reinvested in United Alloy-Tech Europe Limited Liability Company Sabac as a holding company. According to the 2021/03/18 investment plan, the company injected a capital of EUR45 million, so on 2022/07/07 the board of directors decided to invest another EUR4 million.