Subsidiary obtaining Hongfu Innovation shares.

Subject: Subsidiary,FUTAIHUA INDUSTRIAL (SHENZHEN) CO.,LTD. obtaining Hongfu Innovation（Hangzhou）Co., Ltd. shares.

Date of events: 2018/11/21

Contents:

1.Name and nature of the subject matter (if preferred shares,

 the terms and conditions of issuance shall also be indicated,

 e.g.dividend yield):

Hongfu Innovation（Hangzhou）Co.,Ltd.

2.Date of occurrence of the event: 2018/04/27~2018/11/21

3.Volume, unit price, and total monetary amount of the transaction:

Total amount equals:RMB100,000,000

4.Counterpart to the trade and its relationship to the Company

(if the trading counterpart is a natural person and furthermore

is not an actual related party of the Company, the name of the

trading counterpart is not required to be disclosed):

Hongfu Innovation（Hangzhou）Co., Ltd;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition:

Subsidiary to Capital Increased by Cash

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Board of Directors

7.Current cumulative volume, amount, and shareholding percentage

of holdings of the security being traded (including the current

trade) and status of any restriction of rights (e.g.pledges):

RMB198,743,892；approximately 100%；restriction of rights:None

8.Current ratio of long or short term securities investment

(including the current trade) to the total assets and shareholder's

equity as shown in the most recent financial statement and the

operating capital as shown in the most recent financial statement:

Ratio to total assets:2.45%, ratio to shareholder's equity:6.95%

Operating Capital:NTD-49,014,668,000

9.Concrete purpose or use of the acquisition or disposal:

Long Term Investment