1.Date the punishment was imposed: August 13th, 2018

2.Recipient of the punishment: Responsible person Lin ○○ of Hsin-li Chemical Industrial Corp. (TPEX Listed, Code 4303, hereinafter referred to as “Hsin-li”).
3.Legal basis of the punishment: Article 36-1 of the Securities and Exchange Act; Article 30 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies.
4.Facts of the violation and reasons: In the board meeting of Hsin-li dated May 10th, 2017, it was resolved and the result was that the company shall purchase land from its interested party (parties). Also, in terms of the investment in TWSE or TPEX listed companies, the accumulated shares acquired by the Company have, respectively, reached 20% of its paid-in capital on October 24th, 2017 and October 31st, 2017. The company, however, did not announce any relevant information until May 24th, 2018. This constitutes a violation to the aforementioned regulations.
5.The disciplinary action: Pursuant to subparagraph 7, paragraph 1, Article 178 and paragraph 1, Article 179 of the Securities and Exchange Act, an administrative fine of NTD240, 000 is imposed on the responsible person of the Company.