I.    Date of penalty: May 4, 2026
II.    Party subject to penalty: XX Hsu, person responsible of Fittech Co., Ltd.
III.    Legal basis for the punishment: Subparagraph 2, Paragraph 3, Article 36, Subparagraph 4, Paragraph 1, Article 178, and Article 179 of the Securities and Exchange Act, and Subparagraph 2, Article 7 of the Securities and Exchange Act Enforcement Rules.
IV.    Facts and reasons for the violation: As Quanzhou Sanan Semiconductor Technology Co., Ltd. and Hubei Sanan Optoelectronics Co., Ltd., who are customers, failed to make payments for equipment according to the agreement, Fittech Co., Ltd. applied for arbitration with the China International Economic and Trade Arbitration Commission on January 4, 2024 to request a payment of approximately US$43 million (equivalent to approximately NT$1.3 billion), accounting for approximately 21% of the company’s consolidated assets in Q4 2023. However, the confirmed arbitration results received from the lawyers were announced and filed on February 4, 2026, thereby violating Subparagraph 2, Paragraph 3, Article 36 of the Securities and Exchange Act, and Subparagraph 2, Article 7 of the Act’s enforcement rules.
V.    Punishment results: According to Subparagraph 4, Paragraph 1, Article 178 of the Securities and Exchange Act, a fine of NT$240,000 is imposed on the person responsible for the abovementioned violating act of the Company.
Contact Unit: Section Chief Yang, Corporate Finance Division, Securities and Futures Bureau
Tel.: (02)2774-7473
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