Change 2021/10/08 announcement on the investment method of Acetek Eco-Friendly Fiber Co.,Ltd.

 Change 2021/10/08 announcement on the investment
method of Acetek Eco-Friendly Fiber  Co.,Ltd.

1.Date of occurrence of the event:2022/05/09
2.Method of the current increase (decrease) in investment:
 (1)My Parents Living Technology for Appropriations of earnings
    in cash dividends invest Acetek Eco-Friendly Fiber Co.,Ltd.
 (2)Jinan Acetate Chemical Co.,Ltd.(China) invest Acetek Eco-Friendly Fiber
    Co.,Ltd
3.Amount, unit price, and total monetary amount of the transaction:
The company's board of directors approved the
following investment methods on 2021/10/08:
 (1)My Parents Living Technology invest
    Acetek Eco-Friendly Fiber Co.,Ltd.
    The maximum investment amount is
    RMB 50,000 thousand(of equivalent usd)
 (2)Jinan Acetate Chemical Co.,Ltd.(China) invest
    Acetek Eco-Friendly Fiber Co.,Ltd.
    The maximum investment amount is
    RMB 30,000 thousand(of equivalent usd)
On 2022/05/09, the board of directors of the
company adjusted the investment method as follows:
 (1)My Parents Living Technology invest
    Acetek Eco-Friendly Fiber Co.,Ltd.
    The maximum investment amount is
    RMB 80,000 thousand(of equivalent usd)
4.Company name of the mainland Chinese investee:
 Acetek Eco-Friendly Fiber Co.,Ltd.
5.Paid-in capital of aforementioned mainland Chinese investee:
 (thousand RMB):45,000
6.Amount of capital increase currently planned for the aforementioned
mainland Chinese investee:
 No new capital was added this time
7.Main businesses of the aforementioned mainland Chinese investee:
 Cellulose acetate
8.Type of CPA opinion in the latest annual financial statements of the
aforementioned mainland Chinese investee:
 not applicable
9.Total equity of the aforementioned mainland Chinese investee in the latest
annual financial statements:
 (thousand NTD):200,550 (thousand RMB):45,067
10.Amount of profit/loss of the aforementioned mainland Chinese investee in
the latest annual financial statements:
 (thousand NTD):604(thousand RMB):137
11.Amount of actual investment in the aforementioned mainland Chinese
investee, up to the present moment:
 not applicable
12.Trading counterparty and its relationship with the Company:
 Original investor,not applicable
13.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
amount of transfer:
 not applicable
14.Where an owner of the underlying assets within the past five years has
been a 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 with the Company at the time of the transaction:
 not applicable
15.Profit (or loss) upon disposal:
 not applicable
16.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important terms
and conditions:
 not applicable
17.The manner in which the current transaction was decided, the reference
basis for the decision on price, and the decision-making unit:
 Handle in accordance with the resolution of
 the board of directors on 2022/05/09
18.Broker:
 not applicable
19.Concrete purpose of the acquisition or disposal:
 Long-term investment to increase product diversity
20.Any dissenting opinions of directors to the present transaction:
 None
21.Whether the counterparty of the current transaction is a related party:
 Yes
22.Date of the board of directors resolution:2022/05/09
23.Date of ratification by supervisors or approval by
the Audit Committee:2022/05/09
24.Total amount of investment in mainland China (including the current
investment) approved by the Investment Commission, up to the present moment:
 not applicable
25.Ratio of the total amount of investment in mainland China (including the
current investment) approved by the Investment Commission, up to the present
moment, to the paid-in capital on the latest financial statements:
 not applicable
26.Ratio of the total amount of investment in mainland China (including the
current investment) approved by the Investment Commission, up to the present
moment, to the total assets on the latest financial statements:
 not applicable
27.Ratio of the total amount of investment in mainland China (including the
current investment) approved by the Investment Commission, up to the present
moment, to equity attributable to owners of the parent on the latest
financial statements:
 not applicable
28.Total amount of actual investment in mainland China, up to the present
moment:
 (thousand NTD):1,576,895 (thousand RMB):356,093
29.Ratio of the total amount of actual investment in mainland China, up to
the present moment, to the paid-in capital on the latest financial
statements:
 271.56%
30.Ratio of the total amount of actual investment in mainland China, up to
the present moment, to the total assets on the latest
financial statements:
 38.94%
31.Ratio of the total amount of actual investment in mainland China, up to
the present moment, to equity attributable to owners of the parent on the
latest financial statements:
 79.65%
32.Amount of recognized profit (loss) on investment in mainland China for
the last three years:
 2021:(thousand NTD):358,772
 2020:(thousand NTD):455,528
 2019:(thousand NTD):375,845
33.Amount of profit remitted back to Taiwan for the last
three years:None
34.Whether the CPA issued an unreasonable opinion regarding the current
transaction:not applicable
35.Name of the CPA firm:
 not applicable
36.Name of the CPA:
 not applicable
37.Practice certificate number of the CPA:
 not applicable
38.Any other matters that need to be specified:
 RMB/NTD:4.45