Huaku Development Co., Ltd. announced that Counterparty to the contract and relationship with the Company: Counterparty to the contract: Pinshing Construction Co., Ltd. Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and start and end dates of the contract), restrictive covenants, and other important terms and conditions: Major content of the contract: It is proposed to sign a construction and decoration contract with Pinxing Construction at TWD 482,039,686. The estimated investment in the project: Within the total amount of TWD 1,255,000,000.