1.Date of occurrence of the event:2021/09/07

2.Method of the current increase (decrease) in investment:

The Company's overseas subsidiary Kwong Lung Feather (B.V.I) Ltd. sells its 100% shareholding of Snowdown Merchandise (Suzhou) Co., Ltd.

3.Unit no., unit price, and monetary value of the transaction:

Unit: NA

Unit price: NA

monetary value of the transaction: RMB 115,000,000 + Other retained assets

4.Company name of the mainland Chinese investee: Snowdown Merchandise (Suzhou) Co., Ltd.

5.Paid-in capital of aforementioned mainland Chinese investee:USD15,000,000

6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee: NA

7.Main businesses of the aforementioned mainland Chinese investee: Manufacturing and selling of down and bedding

8.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee: unqualified opinion

9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements:NT$520,725,000

10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements: loss NT$66,894,000

11.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment:NT$448,640,000

12.Trading counterparty and its relationship to the Company: Suzhou Longhou Machinery Co., Ltd. /unrelated party

13.Where the trading counterparty is a related party,announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary value of transfer: NA

14.Where an owner of the underlying assets within the past five years has been an related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship to the Company at the time of the transaction: NA

15.Profit (or loss) upon disposal:The actual amount is still subject to the adjusted settlement amount, exchange rate impact, tax payment and confirmation after audit by the accountant.

16.Terms of delivery or payment (including payment period and monetary value), restrictive covenants in the contract,and other important terms and conditions:

According to the contract

17.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit:

CPA's reasonable opinion

The decision-making unit: Directors of Board

18.Broker:NA

19.Concrete purpose of the acquisition or disposal: Operating requirement

20.Whether the directors expressed any objection to the current transaction: NA

21.Whether the counterparty of the current transaction is a related party: NO

22.Date of the Board of Directors’ resolution:2021/09/07

23.Date of ratification by supervisors or approval by the Audit Committee: NA

24.Total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment:NT$600,875,000

25.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the paid-in capital on the latest financial statements:40.20%

26.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the total assets on the latest financial statements:7.07%

27.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the shareholders’ equity of the parent company on the latest financial statements:11.54%

28.Total amount of actual investment in mainland China, up to the present moment:NT$598,186,000

29.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the paid-in capital on the latest financial statements:40.02%

30.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the total assets on the latest financial statements:7.03%

31.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the shareholders’ equity of the parent company on the latest financial statements:11.49%

32.Amount of recognized profit (loss) on investment in mainland China for the last three years:

2018 loss NT$44,760,000

2019 loss NT$20,163,000

2020 loss NT$66,894,000

33.Amount of profit remitted back to Taiwan for the last three years:NT$0

34.Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?:NO

35.Name of the CPA firm: WELSEN CERTIFIED PUBLIC ACCOUNTANTS CO.,LTD.

36.Name of the certifying CPA: Zhang Xiaoqiang

37.The practice certificate number of the CPA:320500060084

38.Any other matters that need to be specified: none