Sunfun Info : Announcement of the Board of Directors' resolution to dispose of the shares of Sweet Tech Co.,Ltd.( Taiwan) on behalf of the major subsidiary, Sweet Tech Ltd.

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Provided by: Sunfun Info Co., Ltd.
SEQ_NO	2	Date of announcement	2022/01/19	Time of announcement	14:45:27
Subject	Announcement of the Board of Directors' resolution to dispose of the shares of Sweet Tech Co.,Ltd.( Taiwan) on behalf of the major subsidiary, Sweet Tech Ltd.
Date of events	2022/01/19	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.):Shares of Sweet Tech Co.,Ltd.( Taiwan) 2.Date of occurrence of the event:2022/01/19~2022/01/19 3.Volume, unit price, and total monetary amount of the transaction: (1) Number of transaction units: 13,000,000 shares increased (2) Price per unit: NT$14.84995584 (3) Total transaction amount: NT$193,049,426 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): Sunfun Info Co., Ltd. The Company's parent company of the group 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: (1)Reasons for selecting the related party as the transaction counterparty:To improve the synergy of the group's operations and maximize the business performance, the organizational structure is to be adjusted by selling 100% of the shares of the subsidiary, Sweet Tech Co.,Ltd.( Taiwan), Ltd., to Sunfun Info Co., Ltd. (2)The owner of the previous transfer; the relationship between the owner of the previous transfer, the Company, and the transaction counterparty; the date of the previous transfer; the amount of the transfer: Not applicable. 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: Not applicable 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:Not applicable 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): The gain/loss on the disposal is NT$0. If the parent company's change in the ownership of a subsidiary does not lead to the loss of control over the subsidiary, it shall be treated as an equity transaction and shall be accounted for as capital surplus (if it is insufficient, the retained earnings shall be offset) without affecting the profit or loss. 9.Terms of delivery or payment (including payment period and monetary value), restrictive covenants in the contract, and other important terms and conditions: Accordance with the Equity transfer contract 10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: (1)The reference for determining the price: A certified public accountant issued a price reasonableness opinion. (2)Decision-making unit - The Board of Directors 11.Net worth per share of the Company��s underlying securities acquired or disposed of:14.85 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: (1)Cumulative number of shares held:0 shares (2)Cumulative amount: NT$0 (3)Shareholding ratio:0% (4)Right restriction: None 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: (1)Percentage of total assets: 95.7% (2)Percentage of equity attributable to owners of the parent company: 110.73% (3) Working capital: NT$168,580 thousand 14.Broker and broker��s fee:Not applicable 15.Concrete purpose or use of the acquisition or disposal: To improve the synergy of the group's operations, maximize the business performance, the organizational structure is to be adjusted. 16.Whether the directors expressed any objection to the current transaction:None 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the Board of Directors�� resolution:2022/01/19 19.Date of ratification by supervisors or approval by the Audit Committee:2022/01/19 20.Whether the CPA issued an opinion on the unreasonableness regarding the current transaction:No 21.Name of the CPA firm:RONG HSIN CPA FIRM 22.Name of the CPA:Hsu Chung Jung 23.License no.of the CPA:Tai-Sheng-Hui-Zheng-Zi No. 2365 24.Any other matters that need to be specified: If this share disposal proposal needs to be amended at the request of the competent authority or in response to the needs of the objective circumstances,the execution of this proposal shall be handled at the sole discretion of the Chairman of the Board or his designated person as authorized.