Announcement of the Board of Directors has resolved to acquire ordinary shares of Asia Hydrogen Energy Corporation.

• Name and nature of the underlying assets (if preferred shares, the termsand conditions of issuance shall also be indicated, e.g., dividend yield,etc.):Asia Hydrogen Energy Corporation common shares.
• Date of occurrence of the event:2023/11/09
• Amount, unit price, and total monetary amount of the transaction:

      (1)Amount: 7,465,790 shares
      (2)Price per share: NT$ 40.7
      (3)Total monetary amount of the transaction: NT$ 303,957,920.

• Trading counterparty and its relationship with the Company (if the tradingcounterparty is a natural person and furthermore is not a related party ofthe Company, the name of the trading counterparty is not required to bedisclosed):Counterparty：Asia Hydrogen Energy Corporation and its original shareholders.Relationship with the Company：None.
• Where the trading counterparty is a related party, announcement shall alsobe made of the reason for choosing the related party as trading counterpartyand the identity of the previous owner, its relationship with the Companyand the trading counterparty, and the previous date and monetary amount oftransfer:NA
• Where an owner of the underlying assets within the past five years hasbeen a related party of the Company, the announcement shall also include thedate and price of acquisition and disposal by the related party, and itsrelationship with the Company at the time of the transaction:NA
• Matters related to the current disposal of creditors' rights (includingtypes of collaterals of the disposed creditor’s rights; if creditor'srights over a related party, announcement shall be made of the name of therelated party and the book amount of the creditor's rights, currently beingdisposed of, over such related party):NA
• Profit or loss from the disposal (not applicable in cases of acquisitionof securities) (those with deferral should provide a table explainingrecognition):NA
• Terms of delivery or payment (including payment period and monetaryamount), restrictive covenants in the contract, and other important termsand conditions:Terms of payment: According to the contract.Restrictive covenants in the contract and other important stipulations:None.
• The manner of deciding on this transaction (such as invitation to tender,price comparison, or price negotiation), the reference basis for thedecision on price, and the decision-making unit: Board of Directors of Lien Hwa Industrial Holdings Corp.
• Net worth per share of the Company's underlying securities acquired ordisposed of:NT$ 12.88
• Cumulative no.of shares held (including the current transaction), theirmonetary amount, shareholding percentage, and status of any restriction ofrights (e.g., pledges), as of the present moment:

     (1)Cumulative number of shares held: 7,465,790 shares
     (2)Cumulative monetary amount of shares held: NT$ 303,957,920
     (3)Cumulative shareholding percentage: 50.9%(4)Status of any restriction of rights: None.

• Current ratio of securities investment (including the current trade, aslisted in article 3 of Regulations Governing the Acquisition and Disposal ofAssets by Public Companies) to the total assets and equity attributable toowners of the parent as shown in the most recent financial statement andworking capital as shown in the most recent financial statement as of thepresent:

     (1)Ratio to total assets:112.82%;
     (2)Ratio to owners'equity:118.18%;
     (3)Operating Capital:NT$ -4,912,191 thousand.
     (4)For company development purpose, it is necessary to acquire thesecurities.
         The funds for acquisition of the securities will come from operating cashinflow and bank facilities.

• Broker and broker's fee:NA
• Concrete purpose or use of the acquisition or disposal:Long Term Investment.
• Any dissenting opinions of directors to the present transaction:None.
• Whether the counterparty of the current transaction isa related party:No
• Date of the board of directors resolution:NA
• Date of ratification by supervisors or approval bythe Audit Committee:NA
• Whether the CPA issued an unreasonable opinion regarding the currenttransaction:No
• Name of the CPA firm:WinProfession & CO., CPAs
• Name of the CPA:Chin-Po Lin
• Practice certificate number of the CPA:Taipei Certified Public Accountant Association Certificate ofMembership No.3335
• Whether the transaction involved in change of business model:No
• Details on change of business model:NA
• Details on transactions with the counterparty for the past year and theexpected coming year:NA
• Source of funds:Cash on hand.
• Any other matters that need to be specified:None.