Today's Information

Provided by: SPEED TECH CORP.
SEQ_NO 2 Date of announcement 2022/08/03 Time of announcement 21:07:49
Subject
 Clarification of media reporting
Date of events 2022/08/03 To which item it meets paragraph 53
Statement
1.Date of occurrence of the event:2022/08/03
2.Company name:SPEED TECH CORP.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):NA
4.Reciprocal shareholding ratios:NA
5.Name of the reporting media: Xinhua and others on 2022/08/03
6.Content of the report:
The Taiwan Affairs Office of the State Council states that the mainland
will prohibit mainland organizations, enterprises or individuals from
any transaction or cooperation with Speedtech Energy, Hyweb Technology,
 Skyla, SkyEyes GPS Technology and other enterprises that have donated money
 to the foundations.
7.Cause of occurrence:The information reported above is from media.
8.Countermeasures:No
9.Any other matters that need to be specified:
(1)The Company and Speedtech Energy as two independent entities respectively.
(2)The Company holds 17% of Speedtech Energy, which is measured at fair
   value through other comprehensive gains and losses, without any business
   transaction, cooperation and influence.
(3)The leasing relationship between the Company and Speedtech Energy was
   terminated in June 2020. The disposal of all shares held by the Company
   was completed today, and therefore the Company no longer holds any share
   in Speedtech Energy after such disposal.
(4)The official information of the company will be posted on M.O.P.S web
   site.

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Speed Tech Corp. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 13:18:04 UTC.