Announcement of the acquisition of fixed assets on behalf of Nan Ya Electronic Materials (Huizhou) Co., Ltd., a subsidiary of Nan Ya Plastics Corp.

Provided by: NAN YA PLASTICS CORPORATION

SEQ_NO

1

Announcement date

2021/11/08

Announcement time

17:33:20

Topic

 Announcement for the acquisition of fixed assets
on behalf of Nan Ya Electronic Materials (Huizhou) Co.,
Ltd., a subsidiary of Nan Ya Plastics Corp.

Date of events

2021/11/08

What element he answers

paragraph 20

Declaration

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Logistics and transportation equipment
2.Date of occurrence of the event:2021/10/20~2021/11/08
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Transaction volume:A batch;
Unit price:NA;
Total transaction price:NT$413,855 thousand
4.Trading counterparty and its relationship with 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):
Nan Ya Plastics Corp.
Relationship with the company:The parent company of Nan Ya Electronic
Materials (Huizhou) Co., Ltd. with 100 % shareholding ratio.
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 amount of
transfer:This transaction is mainly the logistics and transportation
equipment for newly-built CCL Plant II and Glass Fabrics Plant.
Due to the production technology and technical key production
equipment were provided by Nan Ya  Plastics Corp., to make the projet go
smoothly, the logistics and transportation equipment were contracted by
Nan Ya Plastics Corp.
The identity of the previous owner:NA
6.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:NA.
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):NA.
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
100% payment within 90 days of delivery
Restrictive covenants in the contractand other important stipulations:No.
9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
The Board of Directors of Nan Ya Electronic Materials (Huizhou) Co., Ltd.
10.Name of the professional appraisal firm or company and
its appraisal price:NA
11.Name of the professional appraiser:NA
12.Practice certificate number of the professional appraiser:NA
13.The appraisal report has a limited price, specific price,
or special price:NA
14.An appraisal report has not yet been obtained:NA
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Broker and broker's fee:NA
21.Concrete purpose or use of the acquisition or disposal:
Expansion of logistics and transportation for production needs.
22.Any dissenting opinions of directors to the present transaction:None.
23.Whether the counterparty of the current transaction is a
related party:Yes.
24.Date of the board of directors resolution:2021/11/08
25.Date of ratification by supervisors or approval by
the audit committee:2021/11/08
26.The transaction is to acquire a real property or right-of-use
asset from a related party:No.
27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:NA
28.Where the above assessed price is lower than the transaction price,
the price assessed in accordance with the Article 17 of the same
regulations:NA
29.Any other matters that need to be specified:No.