TONG HSING ELECTRONIC IND., LTD.

1.Date of the board of directors resolution:2023/03/14
2.Source of capital increase funds:Capital increase by earnings
3.Whether to adopt shelf registration (Yes, please state issuance period/No): No
4.Total monetary value of the issuance and number of shares issued (shares issued not including those distributed to employees if consisting in
   capital increase from earnings or capital surplus):
   Total monetary value of the issuance:NT$ 482,441,600
   Number of shares issued: 48,244,160
5.If adopting shelf registration, monetary value and number of shares to be issued this time:NA
6.The remaining monetary value and shares after this issuance when adopting shelf registration:NA
7.Par value per share:NT$10
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders:300 shares gratuitously allotted for every thousand shares
12.Handling method for fractional shares and shares unsubscripted for by the deadline:
      If the new shares distributed to shareholders from this capital increase are less than one full share, shareholders
      may consolidate them by handling respective procedures at the Company’s stock transfer agent, Stock Affairs 
      Department, KGI Securities. For those shares which cannot be consolidated within the specified period or still remain
      insufficient, cash will be distributed instead (rounded to the dollar), and the Chairman shall be authorized to 
      designate specific persons for purchase of these by cash at par value.
13.Rights and obligations of these newly issued shares:
      Rights and obligations of these newly issued shares are the same as those of the original shares.
14.Utilization of the funds from the capital increase:
      In response to future development needs and to increase working capital.
15.Any other matters that need to be specified:
     (1)If number of outstanding common stock shares are changed due to transfer or cancellation of treasury stocks causing dividend
          payout ratio to change and requires amendments, the Chairman has full authority to make amendments.
     (2)After the approval from 2023 annual shareholders' meeting and the competent authority, the annual Shareholders' meeting will
          propose to authorize the Board of Directors to decide record date for capital increase.