Chun Yu Works: The Board decided to increase the registered capital by recapitalization of profits in 2021

Provided by: CHUN YU WORKS & CO., LTD.

SEQ_NO

3

announcement date

2022/03/10

Announcement time

17:34:56

Topic

 The Board resolved to increase capital stock by
earnings recapitalization in 2021

Date of events

2022/03/10

What item it responds to

paragraph 11

Declaration

1.Date of the board of directors resolution:2022/03/10
2.Source of capital increase funds:Earnings of 2021.
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No.
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):NT$143,887,000 and
14,388,700 shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time: N/A.
6.The remaining monetary value and shares after this issuance when
adopting shelf registration: N/A.
7.Par value per share: NT$10.
8.Issue price:N/A.
9.Number of shares subscribed for by or allocated to employees:N/A.
10.Number of shares publicly sold:N/A.
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:50 shares distributed per 1,000 share.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:For fractional shares which are unable to compose a whole number
of share, cash will be distributed instead.Such remainder fractional shares
will be subscribed by designated individuals arranged by the chairman
authorized by the Board.
13.Rights and obligations of these newly issued shares:Same as the issued and
existing shares.
14.Utilization of the funds from the capital increase:Retain working capital.
15.Any other matters that need to be specified:None.