1.Date the fine was imposed: June 21, 2019

2.Recipient of the fine: CHINA WIRE & CABLE CO., LTD.

3.Legal basis of the fine: Paragraphs 1(1) & (2) of Article 36, Paragraph 1 of Article 178 and Article 179 of the Securities and Exchange Act

4.Facts of the violation and reasons: CHINA WIRE & CABLE CO., LTD. failed to complete the regulatory filling of the 2018 financial statement, as certified by the CPA, submitted to the Board of Directors and recognized by the supervisors, within 3 months at the end of 2018 (postponed until April 1, 2019 as March 31, 2019 fell in a holiday), and also failed to complete the regulatory filing of the financial statement, as audited by the CPA and submitted to the Board of Directors, within 45 days at the end of Q1 2019 (by May 15, 2019). Therefore, it should be held violating Paragraphs 1(1) & (2) of Article 36 of the Securities and Exchange Act. We have imposed the fine, NT$240,000, on the Company and asked the Company to complete the regulatory filing within the specific time limit (June 19, 2019) referred to our reminder. However, the Company has not yet completed the regulatory filing of said financial statement within said time limit. 

5.Resulting fine: Sentenced to the fine, NT$480,000, in accordance with Paragraph 1 of Article 178 and Article 179 of the Securities and Exchange Act.