1.Date of occurrence of the event:2020/12/15

2.Company name:KWONG LUNG ENTERPRISE CO.,LTD.

3.Relationship to the Company (please enter ”head office” or  ”subsidiaries”):head office

4.Reciprocal shareholding ratios:N/A

5.Name of the reporting media:Anue

6.Content of the report:

1)..The processing program of 27-households mansions development in Yilan will be done and starts to sell on the first quarter of next year, and estimate of TWD 32 million of net income as all sold out.

2)..The construction of 27-households mansions nearby the Yilan development center will be finished and starts to sell, the total amount of selling price estimated around 250 million TWD, and brings Kwong Lung amount 32 million of net income, turns into 0.25-0.3 of EPS.

7.Cause of occurrence:Media Reports

8.Countermeasures:

The company has not disclosed any financial forecast information to the public.

The company's financial information is only being publicly announced through the MOPS.

9.Any other matters that need to be specified:N/A