CHENG LOONG

 Announcement of the resolution by the Board of
Directors to directly carry out an investment plan
reaches NT$1 billion

1.Date of the resolution of the board of directors or 
shareholders meeting:2022/12/22 
2.Content of the investment plan: To install the 120-ton biomass boiler in Houli Mill 
3.Projected monetary amount of the investment:About NT$3 billion 
4.Projected date of the investment:2022~2026 
5.Source of capital funds:Private capital and bank loans 
6.Specific purpose: 
In response to Taichung's promotion of a coal-free city, the Company 
cooperate with government policies to achieve carbon reduction goals 
7.Any other matters that need to be specified:None