1. Date of the BOD resolution: 2020/08/13
2. Source of capital increase funds: Increased capital of US$18,500 thousand
3. Number of shares issued (not including those distributed to employees if consisting in capital increase from earnings or capital surplus) : N/A
4. Par value per share: N/A
5. Total monetary value of the issuance: US$18,500 thousand
6. Issue price: N/A
7. Number of shares subscribed for by or allocated to employees: N/A
8. Number of shares publicly sold: N/A
9. Ratio of shares subscribed by or allotted as stock dividends to existing shareholders: N/A
10. Handling method for fractional shares and shares unsubscribed for by the deadline: N/A
11. Rights and obligations of these newly issued shares: N/A
12. Utilization of the funds from the capital increase: To increase operation capital
13. Any other matters that need to be specified:
Pacific Petrochemical (Holding) Ltd. (hereinafter referred to as “PPL”) and Pet Far Eastern (Holding) Ltd. (hereinafter referred to as “PETH”) will reinvest in Far Eastern Union Petrochemical (Yangzhou) Ltd., an important subsidiary of OUCC with 50% shareholding, utilizing the accumulated surplus of USD18,500 thousand of TDIY (PPL and PETH each subscribed half of the capital of USD9,250 thousand).