The Board of Directors approved the capital expenditure project by Kuan Yin business unit

1.Date of occurrence of the event:2020/10/30
2.Company name:Elite Material Co. Ltd.
3.Relationship to the Company (please enter ”head office” or
  ”subsidiaries”):head office
4.Reciprocal shareholding ratios:n.a.
5.Cause of occurrence:To meet the demand of business growth, the Board
of Directors approved and authorized Chairman to purchase the land and
factory building. The details will be announced after the transaction is
finalized.
6.Countermeasures:None
7.Any other matters that need to be specified:None