Cayman Engley Industrial CO., LTD and its Subsidiaries

Consolidated Financial Statements for the Years 2025 & 2024 and Independent Auditors’ Report

(Stock Code: 2239)

Company address : The Grand Pavilion Commercial
Centre, Oleander Way, 802 West
Bay Road, P.O. Box 32052, Grand
Cayman KY1-1208, Cayman Islands

These Independent Auditors' Report and financial statements are translated from the traditional Chinese version and are unaudited by a CPA.

Independent Auditors' Report

(2026)PWCR25005250

To the Board of Directors and Shareholders of Cayman Engley Industrial CO., LTD.,

Audit Opinion

We have audited the consolidated balance sheets of Cayman Engley Industrial CO., LTD. and its subsidiaries (the "Company") as at December 31st, 2025 and 2024, and the consolidated comprehensive profit or loss statement, consolidated statement of changes in equities and consolidated cash flow table for the years then ended, and notes to the consolidated financial statements, including a summary of significant accounting policies.

In our opinion, the abovementioned consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as at December 31st, 2025 and 2024, and its consolidated financial performance and its consolidated cash flows for the years then ended, in accordance with the "Regulations Governing the Preparations of eaFinancial Reports by Securities Issuers" and the International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations as endorsed by the Financial Supervisory Commission.

Basis of Audit Opinion

We conducted our audits in accordance with the "Rules Governing Auditing and Certification of Financial Statements by Certified Public Accountants" and auditing standards generally accepted in the Republic of China (ROC GAAS). We are independent of the Company in accordance with The Norm of Professional Ethics for Certifies Public Accountants of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidences we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgement, are of most significance in our audit of the consolidated financial statements of the Company's consolidated financial statements for the year ended December 31st, 2025. These matters were addressed in the context of our audit of the consolidated financial statements as a whole and, in the process of forming our opinion thereon, we do not provide a separate opinion on these matters.

Page 1

The key audit matters of the consolidated financial statements of the Company in 2025 are as follows

Deadline of the Recognition of the Sales Revenue

Description

For accounting policies on the recognition of revenue, please refer to Note 4 (28) of the consolidated financial report. For explanation of accounting of sales revenues, please refer to Note 6 (22) of the consolidated financial statement. The operating income of the Company is mainly derived from sales transactions with car-assembly manufacturers. Since the automobile industry is the buyer's market, the recognition of revenue comes into effect after the customer has accepted the goods and confirmed the transfer of control of products.

Since the impact of revenue on the overall financial statements is enormous, as revenue recognition is based upon completion time of customer acceptance, plus said recognition usually involves many manual controls which may increase the risk that revenue recognition is not recorded in the correct period of time, thereby affecting correctness of deadline of revenue recognition. Therefore, the accountants listed deadline for sales revenue recognition as one of the key matters for auditing.

Audit procedures in response

The accountants have implemented the following procedures in response to the specific aspects specified in the abovementioned key audit matters:

Understand the sales revenue operating procedures of car-assembly manufacturers of the Company; Evaluate and test effectiveness of the design and implementation of internal control system of car-assembly manufacturers related to revenue recognition
Verify the sales transaction with the group car assembly manufacturer within a certain period before and after the date stated in the balance sheet, and verify the proof of the transfer of control of the goods provided by the car assembly manufacturers to confirm the correctness of the transaction recognition deadline.

Evaluation of Allowance for Inventory Valuation Losses

Description

For accounting policies on inventory valuation, please refer to the Note 4 (13) of the consolidated financial report. For uncertainties of accounting estimations and assumptions of inventory valuations, please refer to Note 5 (2) of the consolidated financial report. For description of inventory accounting, please refer Note 6 (4) of the consolidated financial report. Balance of inventory and allowance for inventory valuation of December 31st, 2025 are NT $5,079,482 and NT $781,755 thousands respectively.

The Company is mainly engaged in the manufacturing and sales of automobile parts. The value of inventories is subject to fluctuations of the demand market and rapid

Page 2

changes in technologies, which may result in higher inventory depreciation losses or outdated risks. Taking into account the significant impact on the financial statements of the inventory of the Company and its allowance for depreciation losses, the net realization value used in inventory valuation often involves subjective judgments, and thus has a high level of estimation uncertainty. Therefore, the accountants listed evaluation of allowance for inventory valuation losses as one of the key matters for auditing.

Audit procedures in response

The accountants have implemented the following procedures in response to the specific aspects specified in the abovementioned key audit matters:

Understand and evaluate the rationality of the Company's inventory valuation policies.
Obtain the inventory age statement, check inventory items randomly to examine logic behind inventory age calculation and information correctness to ensure appropriate categorization of inventory age.
As for net realizable value valuated of inventory items, the accountants have discussed with the management team and obtained supporting documentation to assess rationality of valuation allowance decisions.

Responsibilities of the Management Team and Those in Charge with Governance for the Consolidated Financial Statements

The management team is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the "Regulations Governing the Preparation of Financial Reports by Securities Issuers", and for the necessary internal control related to the preparation of the consolidated financial statements to ensure that said statements are free from material misstatement, whether due to fraud or error, in accordance with the published and effective International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations as recognized and endorsed by the Financial Supervisory Commission.

When preparing the consolidated financial statements, responsibilities of the management team include assessing the Company's ability to continue as a going concern, disclosing, as applicable, related matters, and adopting the going concern basis of accounting unless the management team either intends to liquidate the Company or to cease operations of which, or has no realistic alternative but to do so.

Those charged with governance of the Company (including members of the Audit Committee) are responsible for overseeing the financial reporting process.

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Auditors' Responsibilities for the Audit of the Consolidated Financial Statements

Our objectives to audit the consolidated financial statements are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report. Reasonable assurance is a high level of assurance, but not a guarantee that an audit conducted in accordance with the auditing standards generally accepted in the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered significant if, individually or in the aggregate, said misstatements could reasonably be expected to influence the economic decisions of users of the consolidated financial statements.

When auditing in accordance with the auditing standards generally accepted in the Republic of China, we exercise professional judgment and maintain professional skepticism throughout the audit. We also implemented the following procedures

Identify and assess risks of material misstatement of the consolidated financial statements, whether due to fraud or error; Design and perform audit procedures responsive to the said risks; Obtain audit evidence sufficient and appropriate to provide basis for audit opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain the necessary understanding of internal control relevant to the audit, in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.
Evaluate appropriateness of accounting policies adopted by the management team, and the rationality of accounting estimations and related disclosures made by the management team.
Conclude on the appropriateness of the management team's adaptation of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw the attention of consolidated financial report users in our auditors' report to the related disclosures in the consolidated financial statements; or, if such disclosures are inappropriate, we shall modify our audit opinions accordingly. Our conclusions are based on the audit evidence obtained up to the date of our auditors' report. However, future events or conditions may cause the Company to lose the ability to continue as a going concern.

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Evaluate the overall presentations, structure and content of the consolidated financial statements, including relevant notes, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient and appropriate audit evidence regarding financial information of entities within the Company, in order to express an opinion on the consolidated financial statements.

We are responsible for the direction, supervision and performance of the Company audit.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings (including any significant deficiencies in internal control that we identify during our audit).

We also provide those charged with governance with a statement that personnel under individual specification of the accounting firm have complied with relevant ethical requirements regarding independence of The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and to communicate with them all relationships and other matters that may reasonably be thought to affect our independence (including related safeguarding measures).

From the matters communicated with those charged with governance, we determine matters that were of most significance in the audit of the Company's consolidated financial statements for the year ended December 31st, 2025, which are therefore key audit matters. We describe these matters in our auditors' report, unless law or regulation precludes public disclosure about the matters or when, in extremely rare circumstances, we determine that the matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh benefits to public interest of such communication.

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PricewaterhouseCoopers Taiwan

Hsu,Chien-Yeh

Certified Public Accountants

Wu, Sung-Yuan

Financial Supervisory Commission

Approval Issuance No. JinguanzhengshenZi No.

1050035683

Financial Supervisory Commission

Approval Issuance No. JinguanzhengshenZi No.

1090350620

March 30th, 2026

Page 6

Cayman Engley Industrial CO., LTD. and its Subsidiaries
Consolidated Balance Sheets
December 31st 2025 and December 31st, 2024
Unit: NTD(thousands)

	Assets	NOTES	December 31st 2025		December 31st 2024
			Amount	%	Amount	%
Current Assets
1100	Cash and cash equivalent	6(1)	$ 6,130,280	17	$ 5,243,499	14
1136	Financial assets measured at	6(2)& 8
	amortised cost - current		779,972	2	1,131,482	3
1150	Notes receivable, net	6(3)& 8	1,463,028	4	1,561,440	4
1170	Accounts receivable, net	6(3)&7(3)	3,921,056	11	4,712,611	13
1200	Other receivables	7(3)	50,413	-	121,535	-
1220	Current tax assets		10,498	-	21,730	-
130X	Inventory	6(4)	4,297,727	12	4,537,031	12
1410	Prepayments	6(5)&7(3)	1,417,989	4	1,601,009	4
1470	Other current assets	6(6)&8	733,552	2	871,101	2
11XX	Total current assets		18,804,515	52	19,801,438	52
Non current assets
1517	Financial assets at fair value through other comprehensive profit or loss – non-current	6(7)	71,224	-	80,234	-
1550	Investment accounted for using equity method	6(8)	576,798	2	776,520	2
1600	Property, plant and equipment	6(9)	12,707,327	35	13,038,159	35
1755	Right-of-use assets	6(10)	1,474,358	4	1,556,180	4
1780	Intangible assets	6(11)	1,031,789	3	1,102,687	3
1840	Deferred income tax assets	6(29)	580,134	2	593,783	2
1900	Other non-current assets	6(12)&8	604,327	2	822,679	2
15XX	Total non-current assets		17,045,957	48	17,970,242	48
1XXX	Total assets		$ 35,850,472	100	$ 37,771,680	100

(continued)

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Cayman Engley Industrial CO., LTD. and its Subsidiaries
Consolidated Balance Sheets
December 31st 2025 and December 31st, 2024
Unit: NTD(thousands)

	Liabilities and equities	NOTES	December 31st 2025		December 31st 2024
			Amount	%	Amount	%
Current Liabilities
2100	Short-term borrowings	6(13)	$ 2,745,668	8	$ 2,900,219	8
2130	Contract liabilities-current	6(22)	165,957	1	166,275	1
2150	Notes payable		3,257,532	9	2,920,435	8
2160	Notes payable -related parties	7(3)	60,670	-	63,765	-
2170	Accounts payable		3,934,582	11	4,431,084	12
2180	Accounts payable - related parties	7(3)	161,129	-	134,110	-
2200	Other payables	6(14)&7(3)	1,106,419	3	1,449,362	4
2230	Income tax payable		40,827	-	32,962	-
2280	Lease liabilities - current	7(3)	106,431	-	112,143	-
2320	Long-term liabilities, current portion	6(15)	558,678	2	2,639,213	7
2399	Other current liabilities-other		11,631	-	13,440	-
21XX	Total current liabilities		12,149,524	34	14,863,008	40
Non current liabilities
2527	Contract liability - non-current	6(22)	-	-	11,407	-
2540	Long-term borrowings	6(15)	5,086,117	14	3,889,532	10
2570	Deferred income liabilities	6(29)	427,238	1	466,333	1
2580	Lease liabilities - non-current	7(3)	344,907	1	397,046	1
2600	Other non-current liabilities	6(16)	383,398	1	213,520	1
25XX	Total non-current liabilities		6,241,660	17	4,977,838	13
2XXX	Total liabilities		18,391,184	51	19,840,846	53
EQUITY ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT COMPANY
3110	Common stock	6(18)	1,203,466	3	1,203,466	3
	Capital surplus	6(19)
3200	Capital surplus		9,372,102	26	9,221,887	24
	Retained earnings	6(20)
3310	Legal reserve		576,719	2	576,719	2
3320	Special reserve		1,151,073	3	1,651,374	4
3350	Unappropriated retained earnings		270,680	1	716,992	2
Other interests
3400	Other interests		( 1,076,876)	( 3)	( 1,151,073)	( 3)
3500	Treasury stock		( 64,027)	-	-	-
31XX	Total equity attributable to shareholders of the		11,433,137	32	12,219,365	32
36XX	Non-controlling interests	4(3)&6(21)	6,026,151	17	5,711,469	15
3XXX	Total equity contingent liabilities and unrecognized contractual commitments	9
3X2X	Total liabilities and interests		$ 35,850,472	100	$ 37,771,680	100

Please refer to the accompanying notes, an integral part of the consolidated financial statements.

Chairman : Lin, Shang-Wei
General manager : Lin,Shang-Chi
Accounts supervisor : Huang,Sheng-Wen

Cayman Engley Industrial CO., LTD. and its Subsidiaries
Consolidated Statement of Comprehensive Income
January 1st to December 31st, 2025 and January 1st to December 31st, 2024 Unit : NTD(thousand)

(Except earnings per share, which is in NTD)

	Items	NOTES	2025		2024
			Amount	%	Amount	%
4000	Operating revenue	6(22) &7(3)	$ 19,086,126	100	$ 21,485,452	100
5000	Operating cost	6(4)&7(3)	( 17,174,246)	( 90)	( 18,935,904)	( 88)
5900	Operating margin		1,911,880	10	2,549,548	12
	Operating expenses	6(27)(28)&7(3)
6100	Marketing expenses		( 465,292)	( 3)	( 465,023)	( 2)
6200	Administrative expenses		( 1,010,469)	( 5)	( 996,432)	( 5)
6300	Research and development expenses		( 937,786)	( 5)	( 962,477)	( 5)
6450	Expected credit impairment loss	12(2)	( 10,070)	-	( 33,949)	-
6000	Total operating expenses		( 2,423,617)	( 13)	( 2,457,881)	( 12)
6900	Operating income		( 511,737)	( 3)	91,667	-
	Non-operating income and expenses
7100	Interest incomes	6(24)	54,230	-	62,397	-
7010	Other incomes	6(25)	168,996	1	207,353	1
7020	Other profit and loss	6(23)	( 466,800)	( 3)	( 10,117)	-
7050	Finance cost	6(26)&7(3)	( 253,136)	( 1)	( 339,965)	( 1)
7060	Share of profit and loss of associates and joint ventures recognized using equity method	6(8)	( 76,762)	-	28,269	-
7000	Total non-operating income and expenses		( 573,472)	( 3)	( 52,063)	-
7900	Income before tax		( 1,085,209)	( 6)	39,604	-
7950	Income expenses	6(29)	( 57,075)	-	( 27,290)	-
8200	Net profit of the year		($ 1,142,284)	( 6)	$ 12,314	-

(Continued)

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Cayman Engley Industrial CO., LTD. and its Subsidiaries
Consolidated Statement of Comprehensive Income
January 1st to December 31st, 2025 and January 1st to December 31st, 2024 Unit : NTD(thousand)
(Except earnings per share, which is in NTD)

	Items	Notes	2025		2024
			Amount	%	Amount	%
8316	Components of other comprehensive profit and loss (net)
	Items not reclassified to profit or loss
8310	Unrealized assessed profit or loss invested by equity tools measured at fair value through other comprehensive profit or loss	6(7)
	Total items not reclassified to profit or loss		($ 3,551)	-	($ 799)	-
8361	Subsequent items that may be reclassified to profit or loss
	Exchange differences on translation for financial statements of foreign organizations in operation		100,652	1	714,617	3)
8360	Total Subsequent items that may be reclassified to profit or loss		100,652	1	714,617	3)
8300	Othercomprehensive profit or loss (net)		$ 97,101	1	$ 713,818	3)
8500	Total comprehensive profit or loss for the year		($ 1,045,183)	( 5)	$ 726,132	3
	Net profit (loss) attributable to:
8610	Shareholders of the parent company		($ 946,613)	( 5)	($ 10,690)	-
8620	Non-controlling interests	6(21)	( 195,671)	( 1)	23,004	-
	Net profit of the year		($ 1,142,284)	( 6)	$ 12,314	-
Comprehensive income/loss (net) attributable to:
8710	Shareholders of the parent company		($ 872,416)	( 4)	$ 489,611	2
8720	Non controlling interests		( 172,767)	( 1)	236,521	1
	Total comprehensive income		($ 1,045,183)	( 5)	$ 726,132	3
Earnings per share		6(30)
9750	Total basic earnings per share		($	7.87)	($	0.09)
9850	Total diluted earnings per share		($	7.87)	($	0.09)

Chairman : Lin, Shang-Wei
General manager : Lin,Shang-Chi
Accounts supervisor : Huang Sheng-Wen

Please refer to the accompanying notes, an integral part of the consolidated financial statements.

Cayman Engley Industrial CO., LTD. and itsSubsidiaries
Consolidated Statement of Changes in Equities
Jan. 1st to Dec. 31st, 2025 and Jan. 1st to Dec. 31st, 2024
Unit: NTD (thousand)

	EQUITY ATTRIBUTABLE TO OWNERS OF THE PARENT
Surplus	Retained earnings
Capital stock – Common equity	Capital stock – Amount
Jan. 1st to Dec. 31st, 2024
Balance on Jan. 1st 2024
Total consolidated profit and loss of the year	6(21)
Other comprehensive profit and loss of the year	6(21)
Total comprehensive profit and loss of the year
Appropriation and distribution of retained earnings in 2023	6(20)
Legal reserves
Special reserves
Cash dividends
Conversion of convertible corporate bonds into common stock	6(15)(31)
Changes in Non-controlling Interests	6(21)
Balance on Dec.31st 2024
Jan. 1st to Dec. 31st 2025
Balance on Jan.1st 2025
Total consolidated profit and loss of the year	6(22)
Other consolidated profit and loss of the year	6(22)
Total consolidated profit and loss of the year
Deficit Compensation in 2024	6(21)
Special reserves
Difference between consideration and carrying amount of subsidiaries disposed
Treasury stock repurchase	6(15)(32)
Changes in Non-controlling Interests	6(22)
Balance on Dec. 31st, 2025

Chairman: Lin, Shang-Wei

Please refer to the accompanying notes, an original part of the consolidated financial statements

General Manager: Lin, Shang-Chi

Accounts supervisor: Huang Sheng-Wen

Cayman Engley Industrial CO., LTD. and its Subsidiaries
Consolidated Statement of Cash Flow
Jan. 1st to Dec. 31st 2025 and Jan. 1st to Dec. 31st, 2024
Unit: NTD(thousand)

	Notes	2025	2024
CASH FLOW FROM OPERATING ACTIVITIES
Income before tax of the year		($ 1,085,209)	$ 39,604
Items for adjustment
Income and expense items
Depreciation expense-Property, plant and equipment	6(9)(27)	1,666,918	1,628,600
Depreciation expense-Right of use of assets	6(10)(27)	108,900	177,217
Amortization	6(11)(27)	108,969	116,353
Recognized share of profit(loss) of subsidiaries or associates using equity method	6(8)	76,762	( 28,269 )
Gain or Loss of disposal of property, plant, equipment and right of use of assets	6(23)	13,946	2,347
Impairment loss of investment accounted for using equity method	6(8)(23)	95,369	-
Gain of evaluated of financial assets measured by fair value through profit or loss	6(23)	( 23,200 )	( 29,066 )
Impairment loss of evaluated of intangible assets	6(11)(23)	67,675	2,579
Expected credit impairment Gain or loss	12(2)	10,070	33,949
Interest income	6(24)	( 54,230 )	( 62,397 )
Dividend income	6(7)(25)	( 5,786 )	( 2,639 )
Interest cost-financing	6(26)	235,074	314,049
Interest expense – lease liability	6(10)(26)	15,896	23,430
Interest expense – joint loan amortization	6(26)	2,166	2,486
Recognized income of deferred government grants	6(16)	( 11,594 )	( 6,281 )
Gain on lease modification	6(10)(23)	( 5,289 )	-
Gain or Loss from unrealized foreign currency exchange		314,485	12,015
Asset/liability changes related to operating activities
Net changes of assets related to operating activities
Financial assets at fair value through profit or loss - current		23,200	29,066
Notes receivable		98,412	( 67,458 )
Accounts receivable, net		783,345	( 41,513 )
Other receivables		17,258	34,343
Inventory		264,482	373,356
Prepayments		183,020	( 332,919 )
Other current assets		( 15,016 )	19,903
Other non-current assets		73,553	( 41,305 )
Net changes in liabilities related to operating activities
Contract liabilities		( 11,725 )	81,464
Notes payable		337,097	( 746,552 )
Notes payable-related parties		( 3,095 )	( 59,771 )
Accounts payable		( 496,502 )	46,098
Accounts payable-related parties		27,019	( 48,449 )
Other payables		931	28,282
Other current liabilities		( 1,809 )	5,704
Other non-current liabilities		1	20
Cash inflow generated from operations		2,811,093	1,504,246
Interests received		53,890	62,164
Interests paid		( 244,499 )	( 315,523 )
Income taxes paid		( 75,966 )	( 76,857 )
Net cash flow from operating activities		2,544,518	1,174,030

(Continued)

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Cayman Engley Industrial CO., LTD. and its Subsidiaries
Consolidated Statement of Cash Flow
Jan. 1st to Dec. 31st 2025 and Jan. 1st to Dec. 31st, 2024
Unit: NTD (thousand)

	Notes	2025	2024
Cash flow from investment activities
Financial assets measured by amortized cost		$ 351,510	($ 902,716)
Dividends received from investments accounted for using equity method	6(7)(8)	80,688	62,393
Consideration Received from Disposal of Subsidiary	6(21)
Acquisition of property, plant and equipment	6(31)	( 1,513,599 )	( 1,590,832 )
Disposal of real estate, plant, equipment and right of use of assets prices		135	2,459
Acquisition of right of use of assets		-	( 8,360 )
Acquisition of intangible assets	6(11)	( 66,064 )	( 42,933 )
Refundable deposits increase or decrease		146,036	959,510
Government subsidies	6(16)	169,292	20,608
Net cash outflow from investment activities		( 118,788 )	( 1,499,871 )
CASH FLOW FROM FINANCING ACTIVITIES
Increase in short-term loans	6(32)	1,074,570	4,558,364
Decrease in short-term loans	6(32)	( 1,393,657 )	( 5,659,261 )
Redeem convertible corporate bonds	6(32)	-	( 349,900 )
Borrow long-term loans	6(32)	2,332,507	2,774,053
Repayment of long-term loans	6(32)	( 3,371,177 )	( 1,688,271 )
Guarantee deposits received	6(32)	537	1,046
Lease principal repayment	6(32)	( 100,671 )	( 132,260 )
Cash payments for joint loan sponsorship fees		-	( 10,829 )
Distributed cash dividends	6(20)(32)	-	( 79,429 )
Cash dividends issued to non-controlling interests	6(21)(32)	( 12,761 )	( 25,748 )
Cash Returned from Capital Reduction of Subsidiary to Non-controlling Interests	6(21)
Treasury stock repurchase	6(18)	( 64,027 )	-
Net cash inflow (outflow) from financing activities		( 1,597,468 )	( 612,235 )
Exchange rate change		58,519	323,027
Net increase (decrease) in cash and cash equivalents		886,781	( 615,049 )
Cash and cash equivalents, beginning of year	6(1)	5,243,499	5,858,548
Cash and cash equivalents, end of year	6(1)	$ 6,130,280	$ 5,243,499

Please refer to the accompanying notes, an integral part of the consolidated financial statements.

Chairman : Lin, Shang-Wei
General Manager : Lin, Shang-Chi
Accounts supervisor : Huang Sheng-Wen

Cayman Engley Industrial CO., LTD
Consolidated Financial Statements Notes
Dec.31st 2025 and Dec. 31st 2024
Unit:NTD (thousand)
(Unless specified otherwise)

Company history

Cayman Engley Industrial Co., LTD. (hereinafter referred to as the "Company") was incorporated in January 2015 in British Cayman Islands, as the controlling company for the reorganization of the organizational structure of the application for listing in Taiwan. The Company held a 100% shareholding in Changchun Engley Automobile Industry Co., Ltd. (hereinafter referred to as the "Changchun Engley Automobile") on May 5th, 2015 in the form of a capital increase and a share swap. Changchun Engley Automobile increased its capital by cash in December 2023, and the Company has not changed its shareholding ratio of 81.9%. The Company disposed of part of its equity interest in Changchun Engley Automobile on the Shanghai Stock Exchange in 2025. As of December 31, 2025, the Company's shareholding ratio was adjusted to 78.90%. The Company and its subsidiaries (hereinafter referred to as the "Group") were mainly dedicated to businesses such as the production of automobile parts, stamping products, hot-pressed products, mold designs, manufacturing and related technical consulting services.

Since January 27th, 2016, the Company's shares were listed on the Taiwan Stock Exchange (TWSE).

Date and procedures of approval of financial statements

The accompanying consolidated financial statements were issued upon approval by the Board of Directors on March 30th, 2026.

Application of new and revised International Financial Reporting Standards and its interpretations

(1) Effect of the adoption of new issuances of or amendments to International Financial Reporting Standards ("IFRS®") Accounting Standards that came into effect as endorsed by the Financial Supervisory Commission ("FSC")

New standards, interpretations and amendments endorsed by FSC and became effective from 2025 are as follows:

New Standards, Interpretations and Amendments	Effective date by IASB
Specific provisions of Amendments to IFRS 9 and IFRS 7, 'Amendments to the classification and measurement of financial instruments'	January 1st, 2026
Amendments to IAS 21, 'Lack of exchangeability'	January 1st, 2025

The above standards and interpretations have no significant impact to the Group's financial condition and financial performance based on the Group's assessment.

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(2) Effect of new issuances of or amendments to IFRS Accounting Standards as endorsed by the FSC but not yet adopted by the Group

New standards, interpretations and amendments endorsed by the FSC and will become effective from 2026 are as follows:

New Standards, Interpretations and Amendments	Effective date by IASB
Specific provisions of Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification and measurement of financial Amendments to IFRS 9 and IFRS 7, ‘Contracts referencing naturedependent electricity’	January 1st, 2026
IFRS 17, ‘Insurance contracts’	January 1st, 2023
Amendments to IFRS 17, ‘Insurance contracts’	January 1st, 2023
Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 – comparative information	January 1st, 2023
Annual Improvements to IFRS Accounting Standards—Volume 11	January 1st, 2026

The above standards and interpretations have no significant impact to the Group’s financial condition and financial performance based on the Group’s assessment.

(3) IFRS Accounting Standards issued by IASB but not yet endorsed by the FSC

New standards, interpretations and amendments issued by IASB but not yet included in the IFRS Accounting Standards as endorsed by the FSC are as follows:

New Standards, Interpretations and Amendments	Effective date issued by IASB
Amendments to IFRS 10 and IAS 28 ‘Sale or investment of assets between investors and their affiliates or joint ventures’	To be determined by the IASB
IFRS 18, ‘Presentation and disclosure in financial statements’	January 1st, 2027(Note)
IFRS 19, ‘Subsidiaries without public accountability: disclosures’	January 1st, 2027
Amendments to IAS 21, ‘Translation to a Hyperinflationary Presentation Currency’	January 1st, 2027

Note: The FSC has announced in a press release on September 25, 2025 that public companies will apply IFRS 18 starting from the fiscal year 2028. Additionally, entities can choose to adopt IFRS 18 earlier based on their requirements after the FSC endorses IFRS 18.

Except for the following, the above standards and interpretations have no significant impact to the Group’s financial condition and financial performance based on the Group’s assessment.

IFRS 18, ‘Presentation and disclosure in financial statements’

IFRS 18, ‘Presentation and disclosure in financial statements’ replaces IAS 1. The standard introduces a defined structure of the statement of profit or loss, disclosure requirements related to management-defined performance measures, and enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes.

Summary Explanation of Major Accounting Policies

The principal accounting policies applied in the preparation of these consolidated financial statements are set out as below. These policies have been consistently applied to all the periods presented, unless otherwise stated.

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(1) Statement of compliance

The consolidated financial statements have been prepared in accordance with the “Regulations Governing the Preparation of Financial Reports by Securities Issuers”, International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations as endorsed by the FSC (collectively hereinafter referred to as the “IFRSs”).

(2) Basis for preparation

Except for the following important matters, the consolidated financial statements have been prepared under the historical cost convention.

(1) Financial assets and liabilities (including derivatives) measured at fair value through gains and losses, as measured by fair value.

(2) Financial assets/financial assets available-for-sale measured at fair value through other consolidated gains and losses by fair value.

The preparation of financial statements in conformity with IFRSs requires the use of certain critical accounting estimates. It also requires the management team to exercise its judgement in the process of applying the Group’s accounting policies. Items involving a higher degree of judgement or complexity, or for which assumptions and estimates are significant to the consolidated financial statements, are disclosed in Note 5.

(3) Basis of consolidation

Basis for the preparation of consolidated financial statements

(1) All subsidiaries are included as entities in the Group’s consolidated financial statements. Subsidiaries are all entities (including structured entities) controlled by the Group. The Group controls an entity when the Company is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Consolidation of subsidiaries begins from the date the Company obtains control over said subsidiaries, and ceases when the Company loses control of said subsidiaries.

(2) Inter-company transactions, balances and unrealized gains or losses on transactions between companies within the Group are eliminated. Accounting policies of subsidiaries have been adjusted where necessary to ensure consistency with the policies adopted by the Group.

(3) Profit and loss and other comprehensive profits and losses are attributed to the parent company's owner and non-controlling interests. The total profit and loss are also attributed to the parent company's owner and non-controlling interests, which may result in the loss of non-controlling rights.

(4) A change in a shareholding in a subsidiary that does not result in a loss of control (transaction with an uncontrolled right) is treated as a rights transaction, which is considered a transaction with the owner. The difference between the amount of the adjustment of the non-controlling interest and the fair value of the consideration paid or received is directly recognized in the equity.

Subsidiaries included in the consolidated financial statements:

Page 16

Investment company Name	Subsidiary Name	Business nature	Percentage of equity held
			December 31st, 2025	December 31st, 2024	Note
The Company	Changchun Engley Automobile Industry Co., Ltd.	Production and sales of various auto parts	78.9	81.90	Note 7
The Company	Engley Automobile Industry Co., Ltd	International trade	100	100	-
The Company	Engley Holding (Samoa) Limited	General investment	80	80	-
The Company	Engley Precision Industry B.V.	General investment	39.5	39.5
Changchun Engley Automobile Industry Co., Ltd.	Wiser Decision Holding Company Limited	General investment	100	100
Changchun Engley Automobile Industry Co., Ltd.	Changchun Engley Auto Parts	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Chengdu Engley Auto part Co.,	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Suzhou Engley Auto Part Co.,	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Ningbo Engley Automobile	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Changchun Lightweight	Production and sales of composite material	100	100
Changchun Engley Automobile Industry Co., Ltd.	Changsha Engley Auto Part Co.,	Production and sale of various auto parts	100	100
Changchun Engley Automobile Industry Co., Ltd.	YizhengEngley Auto Part Co.,	Production and sale of various auto parts	90	90	Note 1
Changchun Engley Automobile Industry Co., Ltd.	Foshan Engley Auto Part Co.,	Production and sales of various auto parts	98.8	98.8	Note 2
Changchun Engley Automobile Industry Co., Ltd.	Tsingtao Engley Auto Part Co.,	Production and sales of various auto parts	100	100
Changchun Engley Automobile Industry Co., Ltd.	Linde+Engley (Tianjin) Auto Parts Co.,	Production and sales of various auto parts	54	54	-
Changchun Engley Automobile Industry Co., Ltd.	Linde+Engley (Changchun) Auto Parts Co.,	Production and sales of various auto parts	54	54	-
Changchun Engley Automobile Industry Co., Ltd.	Tianjin Engley Manufacturing	Production and sales of various auto parts	99.6	99.6	Note 3
Changchun Engley Automobile Industry Co., Ltd.	Ningbo Maoxiang Material	Production and sales of various auto parts, mold design and development	51	51	-
Changchun Engley Automobile Industry Co., Ltd.	Hefei Engley Auto Parts Co.,	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Changchun Engley Shanghai Honghan Engley Auto Parts Co., Ltd.	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Changchun CECK Auto. Parts	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Changchun Honghan Engley	Production and sales of various auto parts	100	100	Note 6
Changchun Engley Automobile Industry Co., Ltd.	Hefei Engley Automobile	Production and sales of various auto parts	100	100	-
Changchun Engley Automobile Industry Co., Ltd.	Yizheng Honghan Engley	Integration, manufacturing, and sale of energy storage systems	100	100	Note 5
Changchun Engley Automobile Industry Co., Ltd.	Changchun Engley Automotive	Research, develop, and design various auto parts	100	-	Note 4
Changchun Engley Automobile Industry Co., Ltd.	Wuhan Honghan Engley	Production and sales of	100	-	Note 8
Changchun Engley Automobile Industry Co., Ltd.	Wangliang	Production and sales of	100	-	Note 1
Changchun Engley Automobile Industry Co., Ltd.	Wangliang	Production and sales of	100	-	Note 2
Changchun Engley Automotive	Wangliang	Production and sales of	100	-	Note 3

Investment company Name	Subsidiary Name	Business nature	Percentage of equity held
			December 31st, 2025	December 31st, 2024	Note
Automobile Industry Co., Ltd.	Automobile Industry Co., Ltd.	various auto parts
Ningbo Maoxiang Material Co., Ltd. (China)	TaizhouMaoqi Metal Co., Ltd. (China)	Production and sales of various auto parts	100	100	-
Suzhou Engley Auto Part Co., Ltd.	Yizheng Engley Auto Part Co., Ltd.	Production and sales of various auto parts	10	10	Note 1
Suzhou Engley Auto Part Co., Ltd.	Foshan Engley Auto Part Co., Ltd.	Production and sales of various auto parts	1.2	1.2	Note 2
Suzhou Engley Auto Part Co., Ltd.	Tianjin Engley Manufacturing Co., Ltd.	Production and sales of various auto parts	0.4	0.4	Note 3
Engley Holding (Samoa) Limited	Engley Precision Industry B.V.	General investment	60.5	60.5
Engley Precision Industry B.V.	KranendonkBeheersmaatschappij B.V.	R & D and manufacturing of soft robot software	100	100

Note1: Changchun Engley Automobile Industry Co., Ltd. and Suzhou Engley Automobile Parts Co., Ltd. jointly hold 100% of the shares of YizhengEngley Automobile Parts Manufacturing Co., Ltd.
Note 2: Changchun Engley Automobile Industry Co., Ltd. and Suzhou Engley Automobile Parts Co., Ltd. jointly hold 100% of the shares of FoshanEngley Automobile Parts Co., Ltd.
Note 3: Changchun Engley Automobile Industry Co., Ltd. and Suzhou Engley Automobile Parts Co., Ltd. jointly hold 100% of the shares of Tianjin Jinli Mold Manufacturing Co., Ltd.
Note 4. Changchun Engley Automotive R&D GmbH was established on May 17, 2024. Changchun Engley Automobile Industry Co., Ltd. holds 100% of its equity. As of December, 2025, the accumulated investment remitted amounted to EUR 725,000.
Note 5. Yizheng Honghan Engley Technology Co., Ltd. was established on March 19, 2025. Changchun Engley Automobile Industry Co., Ltd. holds 100% of its equity. As of December, 2025, the accumulated investment remitted amounted to RMB 10,000,000.
Note 6: Due to the needs of operational development, the Group remitted investment amount of RMB 8,193,000 during 2025 to increase in Changchun Honghan Engley Aluminum Co., Ltd. As of December, the cumulative investment amount was RMB 229,193,000.
Note 7: From July to October 2025, the Group disposed of 47,574 thousand shares of Changchun Engley Automobile Industry Co., Ltd. on the Shanghai Stock Exchange. The Company's shareholding ratio in Changchun Engley Automobile Industry Co., Ltd. decreased from 81.9% to 78.90%. The difference between the actual disposal price of the subsidiary's equity interest and its carrying amount amounted to RMB 150,215 thousand, which was recognized as additional paid-in capital.
Note 8: Wuhan Honghan Engley Automobile Industry Co., Ltd. was established on December 24, 2025 and is wholly owned (100%) by Changchun Engley Automobile Industry Co., Ltd. As of December 31, 2025, the capital contribution had not yet been remitted.

Subsidiaries not included in the consolidated financial statements None.
Adjustments and treatments for subsidiaries with different balance sheet dates None.
Significant restrictions None.
Subsidiaries with non-controlling interests that are material to the CompanyGroup:

The total of the non-controlling interests of the Group's non-controlling interests on December 31st, 2025 and 2024 are respectively 6,026,151 NTD (thousand) and 5,711,469 NTD (thousand).

Information of non-controlling interests that are material to the Group and its belonging subsidiaries are as follows:

Name of subsidiary	Main business location	Non-controlling interests
		December 31st, 2025		December 31st, 2024
		Amount	Shareholding	Amount	Shareholding
Changchun Engley Automobile Industry Co., Ltd.	China	$ 4,407,583	21.10%	$ 3,899,325	18.10%
Linde+Engley (Tianjin) Auto Parts Co., Ltd.	China	1,270,094	46%	1,294,444	46%
Ningbo Maoxiang Material Co., Ltd. (China)	China	399,971	49%	509,644	49%

Aggregate financial information of subsidiaries:

Balance sheet

	Changchun Engley Automobile Industry Co., Ltd.
	December 31st, 2025	December 31st, 2024
Current assets	$ 17,978,309	$ 19,357,912
Non-current assets	16,110,807	16,961,279
Current liabilities	( 9,708,597)	( 12,466,464)
Non-current liabilities	( 3,491,502)	( 2,309,497)
Total net assets	$ 20,889,017	$ 21,543,230
	Linde+Engley (Tianjin) Auto Parts Co., Ltd.
---	---	---
	December 31st, 2025	December 31st, 2024
Current assets	$ 1,852,710	$ 1,872,366
Non-current assets	2,075,562	2,325,474
Current liabilities	( 956,757)	( 801,331)
Non-current liabilities	( 210,442)	( 582,501)
Total net assets	$ 2,761,073	$ 2,814,008
	Ningbo Maoxiang Material Co., Ltd.
---	---	---
	December 31st, 2025	December 31st, 2024
Current assets	$ 530,563	$ 763,794
Non-current assets	480,809	532,846
Current liabilities	( 195,105)	( 256,551)
Total net assets	$ 816,267	$ 1,040,089

Comprehensive statement

	Changchun Engley Automobile Industry Co., Ltd.
	Jan. 1^{st} to Dec.31^{st}, 2025	Jan. 1^{st} to Dec.31^{st}, 2024
Income	$ 18,687,065	$ 23,319,553
Income before tax	( 494,983)	192,634
Income expense	( 71,099)	( 1,815)
Net profit of continuing operations of the year	( 566,082)	190,819
Loss of closed operations	-	-
Net profit for the year	( 566,082)	190,819
Other comprehensive income (net after tax)	-	-
Current comprehensive profit or loss	($ 566,082)	$ 190,819
Total comprehensive profit and loss attributed to non-control rights and interests	($ 83,672)	($ 19,156)
Payment to non-controlling equity dividends	$ 12,761	$ 25,748

Linde+Engley (Tianjin) Auto Parts Co., Ltd.

	Jan. 1^{st} to Dec.31^{st}, 2025	Jan. 1^{st} to Dec.31^{st}, 2024
Income	$ 2,824,643	$ 3,581,559
Income before tax	( 72,297)	20,079
Income expense	9,273	1,039
Net profit of continuing operations of the year	( 63,024)	21,118
Loss of closed operations	-	-
Net profit for the year	( 63,024)	21,118
Other comprehensive income (net after tax)	-	-
Current comprehensive profit or loss	($ 63,024)	$ 21,118
Total comprehensive profit and loss attributed to non-control rights and interests	($ 28,991)	$ 9,714
Payment to non-controlling equity dividends	$ -	$ -

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Ningbo Maoxiang Material Co., Ltd.

	Jan. 1^{st} to Dec.31^{st}, 2025	Jan. 1^{st} to Dec.31^{st}, 2024
Income	$ 284,314	$ 341,798
Income (Loss) before tax	( 84,067)	( 55,563)
Income benefits(Expense)	( 1,790)	10,989
Income (Loss) of continuing operations of the year	( 85,857)	( 44,574)
Loss of closed operations	-	-
Income (Loss)	( 85,857)	( 44,574)
Other comprehensive income (net after tax)	-	-
Current comprehensive profit or loss	($ 85,857)	($ 44,574)
Total comprehensive profit and loss attributed to non-control	($ 42,070)	($ 21,841)
rights and interests	$ -	$ -

Cash flow statement

	Changchun Engley Automobile Industry Co., Ltd.
	Jan. 1^{st} to Dec.31^{st}, 2025	Jan. 1^{st} to Dec.31^{st}, 2024
Net cash inflow (outflow) from operating activities	$ 2,931,551	$ 1,635,080
Net cash inflow (outflow) from investment activities	( 856,924)	( 1,728,637)
Net cash inflow (outflow) from financing activities	( 1,596,669)	( 967,644)
Impact of exchange rate on current cash and cash equivalents	( 1,120)	292,021
(Decrease) increase in cash and cash equivalents	476,838	( 769,180)
Cash and cash equivalents on January1^{st}	4,918,134	5,687,314
Cash and cash equivalents on December 31^{st}	$ 5,394,972	$ 4,918,134

Linde+Engley (Tianjin) Auto Parts Co., Ltd.

	Jan. 1^{st} to Dec.31^{st}, 2025	Jan. 1^{st} to Dec.31^{st}, 2024
Net cash inflow (outflow) from operating activities	$ 727,717	$ 449,907
Net cash inflow (outflow) from investment activities	( 222,118)	( 315,641)
Net cash inflow (outflow) from financing activities	( 304,865)	( 83,047)
Impact of exchange rate on current cash and cash equivalents	8,710	4,832

(Decrease) increase in cash and cash equivalents
209,444 56,051
Cash and cash equivalents on January 1st
185,590 129,539
Cash and cash equivalents on December 31st
$ 395,034 $ 185,590

Ningbo Maoxiang Material Co., Ltd.

	Jan. 1st to Dec.31st, 2025	Jan. 1st to Dec.31st, 2024
Net cash outflows (inflows) from operating activities	($ 17,698)	$ 117,048
Net cash inflows (outflows) from investment activities	( 45,792)	( 28,084)
Net cash inflows (outflows) from financing activities	( 128,374)	( 18)
Impact of exchange rate on current cash and cash equivalents	( 5,849)	10,229
Increase in cash and cash equivalents	( 197,713)	99,175
Cash and cash equivalents on January 1st	377,138	277,963
Cash and cash equivalents on December 31st	$ 179,425	$ 377,138

(4) Foreign currencies exchange

The items listed in the financial reports of each entity within the Group are measured in the currency (that is, functional currency) of the main economic environment in which the entity operates. This consolidated financial statement is presented in the company's functional currency "NTD" as the expression currency.

Foreign currency transactions and balances

(1) Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions are recognized in profit or loss in the period in which they arise.

(2) Monetary assets and liabilities denominated in foreign currencies at the period end are evaluated and adjusted at the exchange rates prevailing at the balance sheet date. Exchange differences arising upon adjustment at the balance sheet date is recognized in current profit or loss.

(3) Non-monetary assets and liabilities denominated in foreign currencies measured at fair value through profit or loss are evaluated and adjusted at the exchange rates prevailing at the balance sheet date. The generated adjustment differences are recognized as profit or loss. Non-monetary assets and liabilities denominated in foreign currencies measured at fair value through other comprehensive profit or loss are evaluated and adjusted at the exchange rates prevailing at the balance sheet date. The generated adjustment differences are recognized as other comprehensive profit or loss. However, non-monetary assets and liabilities denominated in foreign currencies that are not measured at fair value are measured using the historical exchange rates at the dates of the initial transactions.

Page 22

(4) All foreign exchange gains and losses are presented in the statement of comprehensive income within ‘other gains and losses’.

2. Translation of foreign operations

A. The operating results and financial positions of all Group entities, affiliated companies and joint agreements with a functional currency different from the presentation currency are translated into the presentation currency as follows:

(a) Assets and liabilities presented in each balance sheet are translated at the closing exchange rate at the date of that balance sheet;

(b) Incomes and expenses for presented in each statement of comprehensive income comprehensive balance sheet are translated at average exchange rates of that period; and

(d) Goodwill and fair value adjustments arising on the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and translated at the closing exchange rates at the balance sheet date.

B. When the foreign operation partially disposed of or sold is a subsidiary, cumulative exchange differences that were recorded in other comprehensive income are proportionately transferred to the non-controlling interest in this foreign operation. In addition, even when the Group retains partial interest in the former foreign subsidiary after losing control of the former foreign subsidiary, such transactions should be accounted for as disposal of all interest in the foreign operation.

(5) Classification criteria for distinguishing between current and non-current assets and liabilities

A. Assets that meet one of the following criteria are classified as current assets:

(a) Assets that are expected to be realized, or are intended to be sold or consumed in the normal operating cycle.

(b) Assets that are held primarily for the purpose of trading.

(d) Cash or cash equivalents, excluding restricted cash and cash to be exchanged or used to settle liabilities for at least twelve months after the reporting period.

The Group classifies all liabilities that do not meet the above conditions as non-current.

B. Liabilities that meet one of the following criteria are classified as current liabilities:

(a) Liabilities that are expected to be settled in the normal operating cycle.

(b) Liabilities that are held primarily for the purpose of trading.

(d) Liabilities for which the repayment date cannot be extended unconditionally to more than twelve months after the balance sheet date. Terms of a liability that could, at the option of the counterparty, result in its settlement by the issue of equity instruments do not affect its classification.

The Group classifies all liabilities that do not meet the above conditions as non-current.

Page 23

(6) Cash equivalents

Cash equivalents refer to short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. Time deposits that meet the definition above and are held for the purpose of meeting short-term cash commitments in operations are classified as cash equivalents.

(7) Financial assets at amortised cost

Financial assets at amortised cost are those that meet all of the following criteria:
(1) The objective of the Group’s business model is achieved by collecting contractual cash flows.
(2) The assets’ contractual cash flows represent solely payments of principal and interest.
On a regular way purchase or sale basis, financial assets at amortised cost are recognised and derecognised using trade date accounting.
The Group’s time deposits which do not fall under cash equivalents are those with a short maturity period and are measured at initial investment amount as the effect of discounting is immaterial.

(8) Financial assets measured at fair value through profit or loss

Financial assets that are not measured at amortized cost or measured at fair value through other comprehensive gains and losses.
The Group adopts transaction date accounting for financial assets measured at fair value through profit or loss in accordance with customary transactions
Financial assets measured at fair value through profit or loss are initially recognized at fair value. Related transaction costs are recognized in profit or loss. These financial assets are subsequently measured at fair value, and any changes in the fair value of these financial assets are recognized in profit or loss.

(9) Financial assets measured at fair value through other comprehensive income

Refers to an irrevocable choice at the time of initial recognition, and reports the changes in fair value of equity instrument investments that are not held for trading in other comprehensive profit or loss; or debt instrument investments that also meet the following conditions:
(1) The financial asset is held under a business model whose purpose is to collect contractual cash flows and sell.
(2) The contractual terms of the financial asset generate cash flow on a specific date, which is the entire interest for payment of principal and the principal amount in circulation.
The Group adopts transaction day accounting for financial assets that are measured at fair value through other comprehensive income in accordance with transaction practices.
The Group's initial recognition is measured by its fair value plus transaction costs, and subsequently measured by fair value

Changes in fair value attributable to equity instruments are recognized in other comprehensive income or loss, and at the time of division, the cumulative benefit or loss previously recognized in other comprehensive income or loss shall not be reclassified to profit or loss and transferred to retained earnings. When the right to receive dividends is established, the economic benefits asso

(10) Accounts and notes receivables

Refers to contractual agreements that the account and receipt of the unconditional right to

Page 24

exchange the value of the consideration for the transfer of goods or services.

For short-term accounts receivable and bills that are not paid, the discount is not significant, and the Group measures by the original invoice amount.

(11) Financial assets loss

After the Group has measured financial assets by fair value of debt instruments and by amortized cost including accounts receivable that have a significant financing component, in consideration of all reasonable and corroborative information (including forward-looking) on every asset liability statement date, allowance loss of those that have not significantly increased its credit risk since original recognition is measured by the 12-month expected credit loss amount. For those that have significantly increased its credit risk since original recognition, the allowance loss is measured by the expected amount of credit loss during its period of existence. Accounts receivable or contract assets that do not contain significant financial components are measured by the amount of expected credit losses during its period of existence.

(12) Derecognition of financial assets

The Group derecognizes a financial asset when the contractual rights to receive the cash flows from the financial asset expire.

(13) Inventories

Inventories are measured at the lower of cost and net realizable value. Cost is determined using the weighted-average method. Cost of finished goods and work in progress comprises raw materials, direct labor, other direct costs and related production overheads, but excludes borrowing costs. The item by item approach is used in applying the lower of cost and net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, after deducting estimated cost of completion and estimated cost to complete the sale.

(14) Investment accounted for using equity method / Associate corporation

An associate enterprise is an entity that has a significant impact on the Group and has no control over it. It is generally a share that directly or indirectly holds more than 20% of its voting rights. The Group handles the investment of associate companies in the equity method and recognizes the cost upon acquisition.
The Group's share of profit or loss after the acquisition of an associate enterprise is recognized as current gains and losses, and other comprehensive profit or loss shares after its recognition is recognized as other comprehensive gains or losses. If the loss share of the Group of any associate company equals or exceeds its interest in the affiliated enterprise (including any other unsecured receivables), the Group does not recognize any further loss, unless the Group establishes a legal obligation, presumes an obligation, or has paid for it on its behalf for the relevant affiliate company.
When the affiliate company generates non-profit or loss and other comprehensive profit and loss interest changes, which does not affect shareholding ratio of the company, the Group recognizes interest changes the Group enjoys under shares of said affiliate company as "capital reserve" according to shareholding ratio.
Unrealized gains and losses generated by transactions between the Group and an affiliate company have been eliminated in accordance with their share of the rights and interests of the associate enterprise. Unless evidence indicates that the transferred property of the transaction has been derogated, the loss is not realized or sold and thus should be eliminated. Accounting policies of the affiliate company has been adjusted as necessary, in line with the policies

Page 25

adopted by the Group.

When the Group disposes its investment in an associate and loses significant influence over this associate, the amounts previously recognised in other comprehensive income in relation to the associate, are reclassified to profit or loss, on the same basis as would be required if the relevant assets or liabilities were disposed of. If it retains significant influence over this associate, the amounts previously recognised in other comprehensive income in relation to the associate are reclassified to profit or loss proportionately in accordance with the aforementioned approach.

(15) Property, plant and equipment

Property, plant and equipment are initially recorded at cost of acquisition. Relevant interests incurred during the construction period are capitalized.
Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, only when it is probable that future economic benefits associated with the item will flow to the Group, and cost of the said item can be measured reliably. Carrying amount of the replaced part is derecognized. All other repairs and maintenance charges are recognized as current profit or loss at time of occurrence.
Follow-up measurements of property, plant and equipment adopt cost model, and are depreciated using the straight-line method according to their estimated service lives. Significant components of a property, plant, and equipment are depreciated separately.
Assets’ residual values, service lives and depreciation methods are reviewed at each financial year-end by the Group. If expectation values of the assets’ residual values and service lives differ from previous estimates, or if expected patterns of consumption of said asset’s future economic benefits embodied in the assets have changed significantly, any change is accounted for as a change in accounting estimate under IAS8 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ from the date of change.

Estimated service lives of property, plant and equipment are as follows:

Housing and building	5~20 years
Mechanical equipment	3~16 years
Transportation equipment	2~10 years
Office equipment	2~10 years
Mold equipment	3~10 years

(16) Assets / Operating lease (lessee)—Right-of-use assets / lease liabilities

The lease assets are recognized as a right-of-use asset and the lease liabilities at the date when they are available for use by the Group. When a lease contract is a lease of a short-term or low-value asset, it is recognized as an expense by the straight-line method during the lease period.
Lease liabilities shall be recognized at present value at the beginning of the lease by discounting outstanding leases to the Group's increased borrowing rate. Lease payments shall include: Fixed benefits, less any incentives for which the lease may be charged.

Subsequent acquisition interest method is measured by amortization cost method, and the interest expense shall be included during the lease period. When a non-contractual modification causes a change in the lease period or a lease payment, the lease liability will be reassessed and the measurement will be adjusted for the right-of-use asset.

The assets are recognized at cost at the beginning of the lease, which includes:

(1) The original measurement of the right-of-use the lease liability;

Page 26

(2) Any lease payments paid on or before the start date; and
(3) Any original direct costs incurred in the beginning;

Subsequent acquisition cost measurement, in which the depreciation expense is applied to either at the end of the useful life of the right-to-use asset or at the end of the lease period, whichever comes first. When a lease liability is reassessed, the right-to-use asset will adjust any re-measured amount of the lease liability.

For lease modifications that decrease the scope of the lease, the lessee shall decrease the carrying amount of the right-of-use asset and remeasure the lease liability to reflect the partial or full termination of the lease, and recognise the difference in profit or loss. For all other lease modifications, the lessee shall remeasure the lease liability and adjust the right-of-use asset, correspondingly.

(17) Intangible assets

Intangible assets

Mainly computer software, patents and specialized technology recognized by cost of acquisition, amortized on a straight-line basis over its estimated service life of 10 to 20 years.

Goodwill

Goodwill arises in a business combination accounted for by applying the acquisition method.

(18) Impairment of non-financial assets

The Group estimates the recoverable amount of assets with indications of impairment on the balance sheet date. When the recoverable amount is lower than the book value, the impairment loss is recognized. The recoverable amount refers to the higher value between fair value of an asset minus the cost of disposal or value of use. Except for goodwill, when the impairment loss of an asset recognized in previous years does not exist or decrease, the impairment loss is reversed, but the book value of said asset increased by the derogation loss should be no more than book value of said asset upon deduction of depreciation or amortization if the asset is not recognized for impairment loss.
Recoverable amounts of goodwill, non-determined service lives of intangible assets and intangible assets that are not yet available are estimated on a regular basis. When the recoverable amount is lower than book value, the impairment loss is recognized. Impairment loss on goodwill impairment is not reversed in subsequent years.
If the goodwill is for the purpose of the impairment test, it will be allocated to the cash generating unit. This apportionment is based on the identification of the operating department. Goodwill is distributed goodwill to a cash-generating unit or cash-generating unit group that is expected to benefit from the merge of business that generates said goodwill.

(19) Borrowings

Refers to the long-term and short-term loans borrowed from the bank. The Group measures by fair value after deducing transaction cost at the time of original recognition, and any subsequent differences between the price and the redemption value after deducting the transaction cost. The interest expense method is used to recognize the interest expense in profit or loss during the circulation period according to the amortization procedure.

(20) Accounts and notes payable

Refers to debts to pay for raw materials, goods or services on credit, and notes payable incurred

Page 27

by operation of non-operation.

Belongs to short-term accounts and notes payable without bearing interest. The Group measures by initial invoice amount as the effect of discounting is immaterial.

(21) Interchangeable bonds payable

Convertible bonds issued by the Group contain conversion options (that is, the bondholders have the right to convert the bonds into the Group’s common shares by exchanging a fixed amount of cash for a fixed number of common shares), call options and put options. The Group classifies the bonds payable upon issuance as a financial asset, a financial liability or an equity instrument in accordance with the contract terms. They are accounted for as follows:

The embedded call options and put options are recognised initially at net fair value as ‘financial assets or financial liabilities at fair value through profit or loss’. They are subsequently remeasured and stated at fair value on each balance sheet date; the gain or loss is recognised as ‘gain or loss on valuation of financial assets or financial liabilities at fair value through profit or loss’.
The host contracts of bonds are initially recognised at fair value. Any difference between the initial recognition and the redemption value is accounted for as the premium or discount on bonds payable and subsequently is amortised in profit or loss as an adjustment to ‘finance costs’ over the period of circulation using the effective interest method.
The embedded conversion options which meet the definition of an equity instrument are initially recognised in ‘capital surplus—share options’ at the residual amount of total issue price less the amount of financial assets or financial liabilities at fair value through profit or loss and bonds payable as stated above. Conversion options are not subsequently remeasured.
Any transaction costs directly attributable to the issuance are allocated to each liability or equity component in proportion to the initial carrying amount of each abovementioned item.
When bondholders exercise conversion options, the liability component of the bonds (including bonds payable and ‘financial assets or financial liabilities at fair value through profit or loss’) shall be remeasured on the conversion date. The issuance cost of converted common shares is the total book value of the abovementioned liability component and ‘capital surplus—share options’.

(22) Derecognition of financial liabilities

A financial liability is derecognized when the obligation under the liability specified in the contract is fulfilled, cancelled or expires.

(23) Offsetting financial instruments

Financial assets and liabilities are offset and reported in net amount in the balance sheet when there is a legally enforceable right to offset the recognized amounts, and that there is an intention to settle on a net basis or to realize the asset and settle the liability simultaneously.

(24) Employee benefits

Short-term employee benefits

Short-term employee benefits are measured at the undiscounted amount of the benefits expected to be paid, and recognized as expense in the period when the employees render service.

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Page 29

Pensions

Pensions contributed to by a certain ratio of total local employee salaries on a monthly basis according to contribution system defined by the Republic of China.

Employees' compensation, and directors' and supervisors' remuneration

Employees' compensation, and directors' and supervisors' remuneration are recognized as expense and liability, provided that such recognition is required under legal or constructive obligation, and that these amounts can be reliably estimated. Any difference between the resolved amounts and the subsequently actual distributed amounts is accounted for as changes in estimates.

(25) Income tax

Income tax expense for the period comprises current and deferred income tax. Tax is recognized in profit or loss, except to the extent that it relates to items recognized in other comprehensive income, or items recognized directly in equity, in which cases the tax is recognized in other comprehensive income or equity.
The current income tax expense is calculated on the basis of tax laws enacted or substantively enacted at the balance sheet date in the countries where the Group operates and generates taxable income. The management team evaluates positions taken in tax returns with respect to situations in accordance with applicable tax regulations. It establishes provisions, where appropriate, based on the amounts expected to be paid to tax authorities.
Deferred tax is recognized, using the balance sheet liability method, on temporary differences arising between tax bases of assets and liabilities, and their carrying amounts in the consolidated balance sheet. However, the deferred tax is not accounted for if it arises from initial recognition of goodwill, or of an asset or liability in a transaction (other than a business merge) that at the time of the transaction affects neither accounting nor taxable profit or loss. Temporary differences are not recognized if they arise on investments in subsidiaries and affiliates, and that timing of reversal of said temporary difference is controlled by the Company, and it is probable that the temporary difference will not reverse in the foreseeable future. Deferred tax is determined using tax rates (and laws) that have been enacted or substantially enacted by the balance sheet date, and are expected to apply when the related deferred tax asset is realized or the deferred tax liability is settled.
Deferred tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilized. At each balance sheet date, unrecognized and recognized deferred tax assets are reassessed.
Current income tax assets and liabilities are offset and the net amount reported in the balance sheet when there is a legally enforceable right to offset the recognized amounts and there is an intention to settle on a net basis or realize the asset and settle the liability simultaneously. Deferred tax assets and liabilities are offset on the balance sheet when the entity has the legally enforceable right to offset current tax assets against current tax liabilities and they are levied by the same taxation authority on either the same entity or different entities that intend to settle on a net basis or realize the asset and settle the liability simultaneously.
A deferred tax asset shall be recognised for the carryforward of unused tax credits resulting from acquisitions of equipment or technology, research and development expenditures and equity investments to the extent that it is possible that future taxable profit will be available against which the unused tax credits can be utilised.

(26) Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new shares or stock options are shown in equity as a deduction, net of tax, from the proceeds.
Where the Company repurchases the Company’s equity share capital that has been issued, the consideration paid, including any directly attributable incremental costs (net of income taxes) is deducted from equity attributable to the Company’s equity holders. Where such shares are subsequently reissued, the difference between their carrying amount and any consideration received, net of any directly attributable incremental transaction costs and the related income tax effects, is included in equity attributable to the Company’s equity holders.

(27) Dividends

Dividends allocated to shareholders of the Company are recognized in the Company’s financial statements in the period in which they are resolved by the Company’s shareholders meeting. Cash dividends are recognized as liabilities.

(28) Revenue recognition

Production sales

(1) The Company operates the manufacture and sale of automobile parts and related products of molds, and the sales receipts are recognized when the control of the products is transferred to the customers. When the product is shipped to the designated location, the risks of oldness, outdatedness and impairment have been transferred to the customer, and the customer accepts the product according to the sales contract, or the customer witnesses that all the acceptance criteria have been met, the commodity delivery hence occurs.

(2) Sales revenue of automobile parts are deducted from the net amount of the estimated sales discount at contract price. The sales discount given to the customer is usually based on the estimated future sales volume of the item. The Group estimates the sales discount based on historical experience using the expected value method. Limited by portions of the income recognition amount that are likely not to be significantly changed in the future, estimates are updated on each balance sheet date. Estimated sales discount payable to customers related to the sales by asset balance sheet date is recognized as refund liability. Payment terms of sales transaction are 30 days after date of delivery, which is consistent with market practice. Therefore, it is assessed that the contract does not contain a major financial component.

Software service revenue

The Group provides services related to the development of customized software. Labor income is recognized as income during the financial reporting period of service provision to the customer. The fixed price contract is recognized based on the proportion of all services that have been actually provided by balance sheet date, and completion ratio of services is based on the basis that services actually provided are all service that should be provided. The customer pays the contract price in accordance with the agreed time schedule. When the service provided by the Group exceeds the customer's payment, it is recognized as a contractual asset. If the customer pays more than the services already provided by the Company, it is recognized as a contractual debt.

(29) Government grants

Government grants are not recognized until there is reasonable assurance that the company will comply with the conditions attaching to them, and the grants received is recognized by fair value.

Page 30

If the nature of a government grant is to compensate for expenses already incurred of the Group, said grant should be recognized as current profit or loss in the period of occurrence of relevant expenses on a systematic basis. Government grants related to property, plant and equipment are recognized as current profit or loss over the estimated service life of relevant asset straight line method.

(30) Operating units

Information of operating units of the Group and internal management report provided to the main operating decision-maker is reported in consistent manners. The main operating decision-maker is responsible for allocating resources to and assessing performance of operating units.

Major sources of significant accounting judgments, estimations and hypothetical uncertainties

The preparation of these consolidated financial statements requires the management team to make critical judgements in applying the Group's accounting policies, and to make reasonable estimates concerning future events based on current conditions on balance sheet date for accounting estimates and assumptions. Made assumptions and estimates may differ from the actual results and are continually evaluated and adjusted based on historical experiences and other factors. Such assumptions and estimates have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. An explanation on significant accounting judgments, estimations and hypothetical uncertainties is addressed below:

(1) Significant judgements in applying accounting policies

There are no significant judgements in accounting policies.

(2) Significant accounting estimations and assumptions

Goodwill impairment assessment

The assessment process of goodwill impairment relies on the subjective judgment of the Group, which includes identifying cash-generating units and allocating assets and liabilities and goodwill to the relevant cash-generating units and determining the recoverable amount of the cash-generating units. Please refer to Note 6(11) for an explanation of a goodwill impairment assessment.

On December 31 2025, the group recognized the loss as 586,705 NTD (thousand).

Inventory evaluation

Since inventories must be valued at the lower between the cost and net realizable value, the Group must use judgments and estimates to determine net realizable value of the inventory on the balance sheet date. Due to the rapid changes in technology, the Group assessed the amount of normal loss, outdated or no market sales value on the balance sheet date, and reduced the inventory cost to net realizable value. This stock evaluation is mainly based on the estimation of product requirements during the future specific period, and may hence result in major changes.

On December 31, 2025, book value of the Company's deposit was 4,297,727 NTD (thousand).

Contents of significant accounting items

Page 31

(1) Cash and cash equivalents

	December 31, 2025	December 31, 2024
Cash on hands	$ 988	$ 838
Demand deposit	5,028,774	4,774,154
Time deposit	1,100,518	468,507
	$ 6,130,280	$ 5,243,499

The Group transacts with a variety of financial institutions all with high credit quality to disperse credit risk, so it expects that the probability of counterparty default is remote.
The Group reports time deposits with original maturities exceeding three months but within one year, which do not meet the definition of short-term cash commitments, under "Financial assets at amortized cost." Please refer to Note 6(2) for details.
The Group presents demand deposits with restricted use under "Financial assets carried at amortized cost". Please refer to Note 6(2) and Note 8 for details.

(2) Financial assets at amortized cost

	December 31, 2025	December 31, 2024
Current items:
Time deposits with maturities exceeding three month	$ 765,000	$ 1,106,560
Pledged demand deposits	-	24,922
Demand deposits with restricted	14,972	-
	$ 779,972	$ 1,131,482

Amounts recognised in profit or loss in relation to financial assets at amortised cost are listed below:

	Jan. 1 to Dec. 31, 2025	Jan. 1 to Dec. 31, 2024
Interest income	$ 12,769	$ 5,926

As at December 31, 2025 and 2024, without taking into account any collateral held or other credit enhancements, the maximum exposure to credit risk in respect of the amount that best represents the financial assets at amortised cost held by the Group was 779,972 NTD (thousand) and 1,131,482 NTD (thousand), respectively.
Details of the Group's financial assets at amortised cost pledged to others as collateral are provided in Note 8.
Information relating to credit risk of financial assets at amortised cost is provided in Note 12(2). The counterparties of the Group's investments in certificates of deposits are financial institutions with high credit quality, so the Group expects that the probability of counterparty default is remote.

(3) Notes and accounts receivable, net

	December 31, 2025	December 31, 2024
Notes receivable	$ 1,893,541	$ 2,031,393
Deduct : Discount notes receivable	( 430,513)	( 469,953)
	$ 1,463,028	$ 1,561,440
Accounts receivable	$ 4,107,871	$ 4,897,780
Less : Allowance loss	( 186,815)	( 185,169)
	$ 3,921,056	$ 4,712,611

Age analysis of notes and accounts receivable are as follows:

	December 31, 2025		December 31, 2024
	Accounts receivable	Notes receivable	Accounts receivable	Notes receivable
Notes receivable
Not overdue	$3,737,448	$1,463,028	$4,620,973	$1,561,440
In 90 days	91,968	-	56,265	-
In 91-180 days	76,137	-	39,066	-
Over 181 days	202,318	-	181,476	-
	$4,107,871	$1,463,028	$4,897,780	$1,561,440

The above age analysis is based on overdue days.

The balance of accounts and notes receivable on December 31st, 2025, December 31st, 2024 and January 1st, 2024 are generated by customer contracts and the balance of receivables from January 1st, 2024 is 6,203,538 NTD (thousand).
Amount of facilities of the largest credit risk of the Group's bills and accounts receivable on December 31st, 2025 and December 31st, 2024, regardless of collateral or other credit enhancements held, is the carrying amount of each type of notes and accounts receivable.
On December 31st, 2025 and December 31st, 2024, for the issuance of bank acceptance bills, some of the Company's subsidiaries provided notes receivable to the bank for pledge, amounting to 101,685 and 403,065 NTD (thousand) respectively.
The Group assesses some of the notes receivable (which are bank drafts) discounted to the bank meets the requirements for the exclusion of financial assets, provided that the receiver (the accepting bank) refuses to pay and the Group is liable to pay, although the credit rating of the receiver (the accepting bank) mentioned above is good, in general, the Group does not expect the accepting bank to refuse payment. The Group has posted to the bank, but it has not yet matured, the following summary information is available:

	December 31, 2025	December 31, 2024
Amount deducted	$ 430,513	$ 469,953

The Group assesses that part of the notes receivable (which are bank acceptance bills) are endorsed and transferred to other parties, which meets the requirements for delisting financial assets. However, if the acceptor (accepting bank) refuses to pay when due, the Group has the obligation to repay. However, the aforementioned acceptor (acceptance bank) The credit rating of the accepting bank (accepting bank) is good and it is estimated that almost all risks and rewards have been transferred. Under normal circumstances, the Group does not expect the acceptor (accepting bank) to refuse payment, so it is removed. As of December 31, 2025 and December 31, 2024, the Group's delisted notes receivable that have been endorsed and transferred but have not yet matured were 331,377 NTD (thousand) and 206,359 NTD (thousand) respectively.

On December 31st, 2025 and December 31st, 2024, the business model of the Group's notes receivable was achieved through the acquisition of contractual cash flows and the sale of financial assets. Therefore, such notes are measured at fair value through other comprehensive income.
For details of pledge of the notes receivable, please refer to the attached Appendix 8 of the consolidated financial report.
For related credit risk information, please refer to Note 12 (2).

(4) Inventories

	Dec. 31, 2025
	Cost	Allowance for Obsolescence and valuation loss	Book value
Finished goods	$ 794,158	($ 218,885)	$ 575,273
Raw material	661,942	( 97,731)	564,211
Work in process	3,623,382	( 465,139)	3,158,243
Total	$ 5,079,482	($ 781,755)	$ 4,297,727
	Dec. 31, 2024
	Cost	Allowance for Obsolescence and valuation loss	Book value
Finished goods	$ 880,134	($ 183,360)	$ 696,774
Raw material	685,886	( 81,299)	604,587
Work in process	3,690,464	( 454,794)	3,235,670
Total	$ 5,256,484	($ 719,453)	$ 4,537,031

Inventory-related expense losses recognized in the current period :

	Jan. 1 to Dec. 31, 2025	Jan. 1 to Dec. 31, 2024
Cost of inventories sold	$ 17,398,731	$ 19,101,071
Amount of obsolescence stock and valuation loss	56,857	247,294
Revenue from sales of waste and scrap	(281,342)	(412,461)
	$ 17,174,246	$ 18,935,904
(5)Prepayments
	December 31, 2025	December 31, 2024
Prepayments	$ 705,199	$ 947,432
Input tax	512,351	442,373
Other	200,439	211,204
Total	$ 1,417,989	$ 1,601,009

(6) Other current assets

	December 31, 2025	December 31, 2024
Refundable deposits	$ 471,982	$ 624,547
Other current assets	261,570	246,554
	$ 733,552	$ 871,101

Please refer to Appendix 8 of the consolidated financial statements for nature of refundable deposits

(7) Financial assets measured at fair value through other comprehensive income-non-current

Items	December 31, 2025	December 31, 2024
Non-current item:
Equity instruments
Unlisted, over the counter, emerging stocks	$ 107,939	$ 107,939
Adjustment for change	( 37,552)	( 34,001)
Exchange rate impact	837	6,296
Total	$ 71,224	$ 80,234

The equity instruments are classified as equity instruments that are strategic investments as financial assets measured at fair value through other comprehensive income and loss. The fair value of those investments on December 31st, 2025 is 71,224 NTD (thousand) and on December 31st, 2024 is 80,234 NTD (thousand).
Regardless of any collateral or other credit enhancement held by the Group, the maximum amount of exposure to credit risk for financial assets measured at fair value through other comprehensive income was 71,224 NTD (thousand) on December 31st, 2025 and 80,234 NTD (thousand) on December 31st, 2024.
The details of the recognition of financial assets as measured at fair value through other comprehensive income are as follows:

	Jan. 1 to Dec. 31, 2025	Jan. 1 to Dec. 31, 2024
Equity instruments measured at fair value through other comprehensive income
Changes in fair value recognized in other comprehensive income	($ 3,551)	($ 799)
Dividend income recognized in profit or loss	$ 5,786	$ 2,639

Information on credit risk for financial assets measured at fair value through other comprehensive income is given in Note 12 (2).

(8) Investments accounted for using equity method

	2025	2024
Balance on Jan. 1st of the year	$ 776,520	$ 772,808
Share of profit or loss of investments accounted for using equity method	( 76,762)	28,269

Earnings distribution of investments accounted for using equity method ( 23,382) ( 51,175)
Effect of exchange rate ( 4,209) 26,618
Impairment loss on investments accounted for using the equity method ( 95,369) -
Balance of Dec.31st of the year $ 576,798 $ 776,520

Associate corporation

Chengdu Youli Auto part Co., Ltd. (hereinafter referred to as "Chengdu Youli") passed the previous year's earnings distribution plan by resolution of the board of directors on June 5, 2025. The Group will receive a cash dividend of 3,464 NTD (thousand) based on its shareholding ratio. The above-mentioned cash dividend Chengdu Youli has been distributed in the 2025.
Constellium Engley (Changchun) Automotive Structures Co., Ltd. (hereinafter referred to as "Constellium") passed the 2024 earnings distribution plan by resolution of the board of directors on December 12, 2024. The Group will be allocated cash in accordance with its shareholding ratio. Dividends amounted to 19,918 NTD (thousand). The above-mentioned cash dividends were distributed by Constellium in the 2025.
Constellium passed the 2024 earnings distribution plan by resolution of the board of directors on December 12, 2024. The Group will be allocated cash in accordance with its shareholding ratio. Dividends amounted to 51,520 NTD (thousand). The above-mentioned cash dividends were distributed by Constellium in the 2025.
Constellium passed the 2023 earnings distribution plan by resolution of the board of directors on December 12, 2023. The Group will be allocated cash in accordance with its shareholding ratio. Dividends amounted to 59,754 NTD (thousand). The above-mentioned cash dividends were distributed by Constellium in the 2024.
Due to changes in operating conditions and the market environment, the recoverable amount of Constellium was assessed to be lower than its carrying amount. Accordingly, the Group recognized an impairment loss of 95,369 NTD (thousand) on its investment in Constellium for the current period.
Sum of book value of the Group's individual non-significant associates and shares of results of their operations are summarized as follows:

	Jan. 1 to Dec. 31, 2025		Jan. 1 to Dec. 31, 2024
Income(loss) of continuing operations in the current period	($	344,057)	$	106,460
Income(loss) on discontinued operations		-		-
Other comprehensive profit and loss(net after tax)		-		-
Total comprehensive profit and loss in the current period	($	344,057)	$	106,460

Page 36

Dividends received from associates
$ 74,902
$ 59,754

Page 37

(9) Property, plants and equipment

Jan. 1 to Dec. 31, 2025

	Opening balance	Added amount	Amount of disposition	Trading of the year	Effect of exchange rate changes	End balance
Cost
House and buildings	$ 6,114,656	$ 2,750	($ 19,747)	$ 73,939	$ 23,084	$ 6,194,682
Machinery equipment	13,595,174	343,764	( 83,382)	918,105	107,129	14,880,790
Transport equipment	79,875	1,317	( 2,203)	-	651	79,640
Office equipment	951,400	13,177	( 26,440)	4,999	8,775	951,911
Mold equipment	2,545,387	183,094	( 76,363)	197,819	23,320	2,873,257
Unfinished works and equipment to be inspected	872,925	786,376	-	( 1,220,040)	( 6,818)	432,443
Cost subtotal	$ 24,159,417	$ 1,330,478	($ 208,135)	($ 25,178)	$ 156,141	$ 25,412,723
Accumulated depreciation
House and building	($ 1,961,638)	($ 284,079)	$ 12,019	$ -	($ 19,201)	($ 2,252,899)
Machinery equipment	( 6,662,884)	( 1,036,820)	83,244	-	( 67,449)	( 7,683,909)
Transport equipment	( 59,299)	( 3,775)	2,083	-	( 620)	( 61,611)
Office equipment	( 669,914)	( 72,990)	24,862	-	( 8,363)	( 726,405)
Mold equipment	( 1,767,523)	( 269,254)	71,846	-	( 15,641)	( 1,980,572)
Accumulated depreciation subtotal	($ 11,121,258)	($ 1,666,918)	$ 194,054	$ -	($ 111,274)	($ 12,705,396)
Total	$ 13,038,159					$ 12,707,327

Page 38

Jan. 1 to Dec. 31,2024

	Opening balance	Added amount	Amount of disposition	Trading of the year	Effect of exchange rate changes	End balance
Cost
House and buildings	$ 4,949,006	$ 1,622	($ 574)	$ 987,642	$ 176,960	$ 6,114,656
Machinery equipment	11,945,338	485,171	( 41,621)	781,591	424,695	13,595,174
Transport equipment	74,501	1,912	( 5,146)	6,236	2,372	79,875
Office equipment	849,159	23,928	( 5,005)	56,576	26,742	951,400
Mold equipment	2,216,286	79,377	( 7,540)	178,977	78,287	2,545,387
Unfinished works and equipment to be inspected	1,418,461	1,255,005		( 1,850,741)	50,200	872,925
Cost subtotal	$ 21,452,751	$ 1,847,015	($ 59,886)	$ 160,281	$ 759,256	$ 24,159,417
Accumulated depreciation
House and building	($ 1,661,234)	($ 242,052)	$ 37	$ -	($ 58,389)	($ 1,961,638)
Machinery equipment	( 5,494,239)	( 1,011,152)	38,413	177	( 196,083)	( 6,662,884)
Transport equipment	( 57,937)	( 4,422)	4,843	-	( 1,783)	( 59,299)
Office equipment	( 572,624)	( 83,727)	4,459	( 25)	( 17,997)	( 669,914)
Mold equipment	( 1,435,869)	( 287,247)	7,328	( 152)	( 51,583)	( 1,767,523)
Accumulated depreciation subtotal	($ 9,221,903)	($ 1,628,600)	$ 55,080	$ -	($ 325,835)	($ 11,121,258)
Total	$ 12,230,848					$ 13,038,159

The Group has not pledged any property, plant, and equipment as collateral.

(10) Lease transaction-lessee

The underlying assets of the Group's tenders include land, buildings, transport equipment and office equipment. The lease contract period usually ranges from 2 to 47 years. The lease contract is negotiated on individual basis and contains various terms and conditions, except that the assets of the lease may not be used as collateral for borrowing, there are no other restrictions.
Information on the book value of the right-to-use assets and the recognized depreciation expense is as follows:

	December 31, 2025		December 31, 2024
	Amount value		Amount value
Land	$	1,049,274	$	1,071,448
House and building		359,563		410,472
Machinery equipment		799		-
Transport equipment		64,645		74,080
Office equipment		77		180
	$	1,474,358	$	1,556,180
	Jan. 1 to Dec. 31, 2025		Jan. 1 to Dec. 31, 2024
	Depreciation expense		Depreciation expense
Land	$	25,326	$	25,906
House and building		64,338		120,441
Machinery equipment		213		-
Transport equipment		19,020		30,487
Office equipment		3		383
	$	108,900	$	177,217

Information regarding the profit and loss related to the lease is as follows:

	Jan. 1 to Dec. 31, 2025	Jan. 1 to Dec. 31, 2024
Items affecting current profit and loss
Lease liabilities interest expenses	$ 15,896	$ 23,430
Short term lease expenses	21,790	31,736
Expense on leases of low-value assets	1,852	995
Gain on lease modification	( 5,289)	-

The increase in the right-of use assets of the Group from January 1 to December 31, 2025 was 105,255 NTD (thousand) and January 1 to December 31, 2024 was 263,606 NTD (thousand).
The cash outflow from the Group's leasing from January 1st to December 31st, 2025 was 140,209 NTD thousand and January 1st to December 31st, 2024 was 188,421 NTD thousand.

(11) Intangible assets

	Jan. 1 to Dec. 31, 2025
	Opening balance	Cost acquired	Decrease in this period	Effect of exchange rate	Ending balance
Cost
Computer software	$ 838,073	$ 66,064	$ -	$ 39,024	$ 943,161

Exclusive technology	696,512	-	-	3,110	699,622
Goodwill	725,874	-	-	40,083	765,957
	$2,260,459	$66,064	$ -	$82,217	$2,408,740
Accumulated amortization
Computer software	($ 442,365)	($ 56,103)	$ -	($ 23,235)	($ 521,703)
Exclusive technology	( 551,828)	( 52,866)	-	( 4,486)	( 609,180)
	($ 994,193)	($ 108,969)	$ -	($ 27,721)	($1,130,883)
Accumulated loss
Computer software	($ 61,819)	$ -	$ -	($ 4,997)	($ 66,816)
Goodwill	( 101,760)	( 67,675)	-	( 9,817)	( 179,252)
	($ 163,579)	($ 67,675)	$ -	($ 14,814)	($ 246,068)
	$1,102,687				$1,031,789
	Jan. 1 to Dec. 31, 2024
---	---	---	---	---	---
	Opening balance	Cost acquired	Decrease in this period	Effect of exchange rate	Ending balance
Cost
Computer software	$ 780,733	$ 42,856	$ -	$ 14,484	$ 838,073
Exclusive technology	673,116	77	-	23,319	696,512
Goodwill	715,460	-	-	10,414	725,874
	$ 2,169,309	$ 42,933	$ -	$ 48,217	$ 2,260,459
Accumulated amortization
Computer software	($ 364,130)	($ 63,356)	$ -	($ 14,879)	($ 442,365)
Exclusive technology	( 481,784)	( 52,997)	-	( 17,047)	( 551,828)
	($ 845,914)	($ 116,353)	$ -	($ 31,926)	($ 994,193)
Accumulated loss
Computer software	($ 61,530)	$ -	$ -	($ 289)	($ 61,819)
Goodwill	( 98,372)	( 2,579)	-	( 809)	( 101,760)
	($ 159,902)	($ 2,579)	$ -	($ 1,098)	($ 163,579)
	$ 1,163,493				$ 1,102,687

The above amortization expenses are recognized under manufacturing expenses and operating expenses in the comprehensive profit and loss statement. *
Goodwill is distributed to the cash generating units of the Group:

	December 31, 2025
	Cost	Accumulated impairment	Balance, at end of the year
Goodwill :
Netherlands K Company	$ 521,360	($ 94,898)	$ 426,462
Ningbo Maoxiang	37,973	( 37,973)	-
Linde+Engley (Tianjin)	110,456	( 31,076)	79,380
Changchun CECK	96,168	( 15,305)	80,863

$ 765,957 ($ 179,252) $ 586,705

December 31, 2024

	Cost	Accumulated impairment	Balance, at end of the year
Goodwill :
Netherlands K Company	$ 482,364	($ 87,800)	$ 394,564
Ningbo Maoxiang	37,805	( 13,960)	23,845
Linde+Engley (Tianjin)	109,964	-	109,964
Changchun CECK	95,741	-	95,741
	$ 725,874	($ 101,760)	$ 624,114

Corporation merges and acquisitions are recognized as goodwill by purchase price in addition to purchase prices as direct costs of the relevant purchases; or by deducting differences of fair values of acquired identifiable net assets from fair value calculated by evaluation of the acquired company's rights and interests by evaluation method on date of acquisition for completed business merges with control acquired.

During the period from January 1 to December 31, 2025 and January 1 to December 31, 2024, Ningbo Maoxiang determined that the recoverable amount, calculated based on its value in use, was lower than its carrying amount. As a result, a goodwill impairment loss of 23,046 NTD(thousand) and 2,579 NTD (thousand) respectively was recognized. After recognizing the impairment loss, the remaining goodwill amounted to 0 NTD(thousand) and 23,845 NTD (thousand) respectively.
During the period from January 1 to December 31, 2025, Linde+Engley (Tianjin) determined that the recoverable amount, calculated based on its value in use, was lower than its carrying amount. As a result, a goodwill impairment loss of 29,902 NTD (thousand) was recognized. After recognizing the impairment loss, the remaining goodwill amounted to 79,380 NTD (thousand).
During the period from January 1 to December 31, 2025, Changchun CECK determined that the recoverable amount, calculated based on its value in use, was lower than its carrying amount. As a result, a goodwill impairment loss of 14,727 NTD (thousand) was recognized. After recognizing the impairment loss, the remaining goodwill amounted to 80,863 NTD (thousand).
An impairment test was conducted on goodwill as of December 31, 2025, and December 31, 2024. The use of value is based on the estimated cash flows from the five-year financial budget approved by the management. And more than five years of cash flows are calculated using the estimated growth rates described below. The main assumptions used to calculate the value of use are as follows:

	December 31st,2025	December 31st,2024
Netherlands K Company
Discount rate	9.85%	11.70%
Growth rate	3.16%	3.18%
Ningbo Maoxiang
Discount rate	11.57%	11.96%
Growth rate	0.00%	0.00%
Linde+Engley (Tianjin)

Discount rate	11.57%	11.96%
Growth rate	0.00%	0.00%
Changchun CECK
Discount rate	11.57%	11.96%
Growth rate	0.00%	0.00%

As recoverable amount calculated based on value of the use by the Group is less than the carrying value, thus a goodwill impairment loss of 179,532 NTD (thousand) was recognized in 2025. Calculation of use value mainly considers operating net profit rate, growth rate and discount rate. The management level determines the operating net profit rate based on previous performances and its expected progress on market development. Average growth rate of weighting used is consistent with forecasts of the industry report, and the discount rate used is the pre-tax ratio and reflects the specific risks associated with the relevant operating departments.

(12) Other non-current assets

	December 31, 2025	December 31, 2024
Prepayable to equipment	$ 301,202	$ 452,530
Refundable deposits	18,463	11,934
Other non-current assets	284,662	358,215
	$ 604,327	$ 822,679

Please note the nature of the refund deposit and please refer to Note 8 of the financial report.

(13) Short-term loans

	December 31, 2025	December 31, 2024
Credit loan	$ 2,727,754	$ 2,538,535
Secured loan	17,914	361,684
	$ 2,745,668	$ 2,900,219
Interest rate range	0.58%-3.10%	0.30%-4.16%

(14) Other payables

	December 31, 2025	December 31, 2024
Payable equipment	$ 250,768	$ 585,217
Payroll payable	189,450	227,705
Payable to social security and provident fund	36,084	37,691
Payable to VAT	50,415	11,983
Other payables	579,702	586,766
Total	$ 1,106,419	$ 1,449,362

The social security expenses and housing provident funds of the China subsidiaries of the Group are paid at a certain rate in accordance with the Social Security Law of the People's Republic of China and the Housing Provident Fund Regulations of the People's Republic of China, which are based on the monthly

salary of the employees.

(15) Long-term loans

Nature of loan	Duration and repayment method	Interest rate	Warranty	End of 2025
Syndicated credit loan	From Sept. 9, 2024 to Setp. 8, 2029, monthly interest payments	2.938%–2.969%	None	$ 2,066,400
Credit loan	From Sept. 26, 2023 to Dec. 26, 2028, monthly and quarterly interest payments	1.95%–2.34%	None	2,294,999
Credit loan	From March 29, 2023 to Jan. 31, 2027, monthly interest payments	2.34%	None	499,929
Credit loan	From Jan. 15, 2024 to Oct. 3, 2027, quarterly interest payments	2.34%	None	206,408
Credit loan	From Aug. 2, 2024 to Dec. 20, 2033, quarterly interest payments	2.60%–2.75%	None	585,000
Deduct : Syndicated loan bank expense				$ 5,652,736
Deduct : Long-term borrowing due within one year or one business cycle				( 7,537)
				( 1,010,185)
				$ 5,086,117
Nature of loan	Duration and repayment method	Interest rate	Warranty	End of 2024
Syndicated credit loan	From Setp.9, 2024 to Setp. 8, 2029, monthly interest payments	3.81%–4.02%	None	$ 1,911,840
Credit loan	From Mar. 30,2022 to Sept. 25,2026, monthly and quarterly interest payments	1.65%–2.30%	None	3,377,024
Credit loan	From Setp. 16,2022 to Jan. 31, 2027, monthly interest payments	2.55%–2.65%	None	797,440
Credit loan	From Jan. 25,2024 to May 9, 2025, quarterly interest payments	2.55%	None	41,709
Credit loan	From Aug. 2,2024 to Dec. 20, 2033, quarterly interest payments	2.95%	None	410,839
Deduct : Syndicated loan bank expense				$ 6,538,852
Deduct : Long-term borrowing due within one year or one business cycle				( 7,537)
				( 1,010,185)
				$ 3,889,532

The Company signed a joint credit contract at a total of 80,000 USD (thousand) with Taishin Bank on July 26, 2024. Tasibank Bank acted as the management bank to support the repayment of loans from financial institutions and to enrich medium-term working capital. The credit limit shall be gradually reduced over nine installments, starting from the date that falls twelve months after the first drawdown and subsequently every six months thereafter, based on the reduction ratio applied to the credit limit as of the contract signing date. As of 31 December 31, 2025, the amount of the funds transferred was 65,585 USD (thousand)(EUR 56,000 thousand) and the amount not transferred was 10,415 USD (thousand).

In addition to other relevant provisions, the above syndicated loan contract also includes the following restrictions: During the credit period, the following financial ratios shall be maintained, and shall be subject to the annual consolidated financial report verified by the accountant and the second quarter consolidated financial report verified by the accountant, and the audit shall be carried out every six months:

(1) Current ratio : Not less than 100%.

Page 44

(2) Liability ratio: Not more than 150%.
(3) Interest coverage ratio (Calculated based on pre-tax net profit excluding the impact of foreign exchange gains or losses): Should not be less than 500%.
(4) Total equity: Not less than NT $ 120 million (inclusive).

The Company signed a joint credit contract at a total of 70,000 USD (thousand) with SINOPAC Bank on September 9, 2021. SINOPAC Bank acted as the management bank to support the repayment of loans from financial institutions and to enrich medium-term working capital. The Syndicated credit loan was fully repaid in advance on September 9, 2024.

(1) Current ratio: Not less than 100%.
(2) Liability ratio: Not more than 200%.
(3) Interest coverage ratio: Should not be less than 500%.
(4) Total equity: Not less than NT $ 120 million (inclusive).

In accordance with the provisions of the loan credit contract, during the duration of the contract, the company must comply with specific financial ratios at the end of the year and half of the year, such as current ratio, liability ratio, interest coverage ratio and total equity. As of December 31, 2025, the company has not violated the above restrictions.

(17) Other non-current liabilities

	December 31, 2025	December 31, 2024
Deferred government subsidy income	$ 376,882	$ 207,566
Guarantee deposits received	5,937	5,376
Other non-current liability-Other	579	578
Total	$ 383,398	$ 213,520

The Company's subsidiaries, Foshan Engley Auto Parts Co., Ltd., Tianjin Engley Mold Manufacturing Co., Ltd., Changsha Engley Auto Parts Co., Ltd. Changchun Engley Automobile Industry Co., Ltd. have obtained development incentive subsidies from the Economic Development Zone Management Committees of various regions which sums up to 232,092 NTD (thousand), and revenues are recognized year by year based on 50 years.
The Company's subsidiaries—Ningbo Engley Automobile Industry Co., Ltd., Changchun Engley Automobile Industry Co., Ltd., Tsingtao Engley Auto Part Co., Ltd., Hefei Engley Automobile Industry Co., Ltd., Changchun Engley Auto Parts Co., Ltd., and Changchun Honghan Engley Aluminum Co., Ltd.—received

Page 45

government grants related to equipment totaling 189,344 NTD(thousand). Of this amount, 169,292 NTD(thousand) was received during the period from January 1 to December 31, 2025, and the grants are recognized as income over the remaining useful lives of the related equipment.

The Group recognises other income of 11,594 NTD(thousand) and 6,281 NTD(thousand) from January 1 to December 31, 2025 and January 1 to December 31, 2024, respectively.

(17) Pension

Since July 1, 2005, Engley Automobile Industry Co., Ltd., a subsidiary of the Group, has established a certain retirement policy based on the Labor Pension Act, which is applicable to employees of their nationality. The company and its domestic subsidiaries choose to apply the part of the labor pension system stipulated in the "Labor Pension Act", and pays labor pension of 6% of the employee's salary monthly to the employee's personal account with the Bureau of Labor Insurance. The individual employee pension account and the amount of accumulated income can be paid monthly or at one time to the employee upon retirement.
Engley Precision Industry B.V and KranendonkBeheersmaatschappij B.V., subsidiaries of the Group, are based on the retirement method stipulated by the local government, and provide pension insurance or retirement benefits according to the salary of local employees. The company has no further obligations except for the annual allocation.
All mainland subsidiaries of the Group shall receive pension funds at a fixed rate of 13-16% per month in accordance with the pension insurance system provided by the Government of the People's Republic of China. The pension for each employee is arranged by the Government Management Co-ordinated. The Group does not have any further obligations except to make monthly transfer. The pension plan for the period from 1 January 1 to December 31, 2025, and from January 1 to December 31, 2024 are 222,506 NTD (thousand) and 231,727 NTD (thousand) respectively.

(18) Share capital

As of December 31, 2025, the company has a capital of 3,000,000 NTD(thousand) which is divided into 300,000,000 shares. The net capital is 1,203,466 NTD (thousand) with a denomination of NT$10 per share.

Movements in the number of the Company's ordinary shares outstanding are as follows:

	2025	2024
At January 1	120,347	120,337
Convertible corporate bonds exercised	-	10
Shares retired	(1,874)	-
At December 31	118,473	120,347

Page 47

Treasury shares

(1) Reason for share reacquisition and movements in the number of the Company's treasury shares are as follows:

Name of company holding the shares	Reason for reacquisition	Item	2025
			Number of Shares(Thousand)	Carrying amount
The Company	Enhance the Company's credit rating and the stockholders' equity	Buyback	1,874	$ 64,027

(2) Pursuant to the R.O.C. Securities and Exchange Act, the number of shares bought back as treasury share should not exceed 10% of the number of the Company's issued and outstanding shares and the amount bought back should not exceed the sum of retained earnings, paid-in capital in excess of par value and realised capital surplus.

(3) Pursuant to the R.O.C. Securities and Exchange Act, treasury shares should not be pledged as collateral and is not entitled to dividends before it is reissued.

(4) Pursuant to the R.O.C. Securities and Exchange Act, treasury shares should be reissued to the employees within five years from the reacquisition date and shares not reissued within the five-year period are to be retired. Treasury shares to enhance the Company's credit rating and the stockholders' equity should be retired within six months of acquisition.

(19) Capital reserves

In accordance with the provisions of the company law, the excess of the proceeds from the issuance of shares in excess of the par value and the capital reserve from the gift received, in addition to making up for losses, when the company does not accumulate losses, in proportion to the original shares of shareholders issued to new shares or cash. In addition, in accordance with the relevant provisions of the Securities and Exchange Act, when the above capital reserve is allocated for capital replenishment, the total amount shall not exceed 10% of the paid-in capital annually. The Company may not supplement the capital surplus unless the surplus fund is still insufficient to fill the capital deficit.

(20) Retained surplus

The Company is in the growth stage. Based on capital expenditure, business expansion and sound financial planning for sustainable development, the company's dividend policy will be based on the Company's future capital expenditure budget and capital demand, with cash dividends and / or stock dividends allocated to the shareholders of the Company.
According to the current stipulations of the Company, if the company has a surplus after each year's final settlement, it will be assigned according to the following order:

(1) Pay taxes in accordance with the law.

(2) To compensate for the accumulated losses in the previous year.

(3) A 10% of the statutory surplus is allocated, but not to the extent that the statutory surplus has reached the actual paid-in capital received by the Company.

(4) A special surplus reserve that must be deposited in accordance with regulations.

(5) Add up the accumulated unallocated surplus in the previous year to the amount of the current year’s surplus after deducting the preceding items (1) to (4) aforementioned, and the available surplus may be proposed by the Board of Directors and submitted to the shareholders’ general meeting for approval in accordance with the resolutions of the listing laws. Dividend distribution can be distributed in the form of cash dividends and / or stock dividends and, without contravening British Cayman Islands law, the dividend amount should be at least ten per cent (10 per cent) of the surplus of the current year, and the cash dividend allotment should not be less than ten per cent (10 per cent) of the total shareholders' dividends, subject to a ceiling of 100 per cent.

The statutory surplus reserve shall not be used except to make up for the losses of the Company and to issue new shares or cash in proportion to the original shares of the shareholders, provided that the portion of the reserve exceeds 25 per cent of the paid-in capital.
(1) When the Company distributes the surplus, according to the statutory provisions, the debit balance of the other equity item on the balance sheet of the year is required to be listed before the credit balance of the year is allocated, and when the debit balance of the other equity item is rolled back, the reverse amount shall be included in the available surplus.

(2) The amounts previously set aside by the Company as special reserve on initial application of IFRSs in accordance with Order No. Financial-Supervisory-Securities-Corporate- 1090150022, dated March 31, 2021, shall be reversed proportionately when the relevant assets are used, disposed of or reclassified subsequently. Such amounts are reversed upon disposal or reclassified if the assets are investment property of land, and reversed over the use period if the assets are investment property other than land.

At the time of allocation, in accordance with the letter from Financial-Supervisory-Securities-Corporate- No. 101001285, dated April 6, 2012, the total amount of special surplus for the accounts of other shareholders in the current year that occurred is not allowed to be allocated; however, the company has already applied the IFRS for the first time and the difference between the amount already mentioned and the net amount of other equity deductions should be added to the special surplus reserve.
On June 26, 2025 and June 13, 2024 the Company adopted the resolutions of the shareholders' meeting passing resolutions for the distribution of profits for 2024 and 2023 respectively:

Year of 2024		Year of 2023
Amount	Dividend per share (NTD)	Amount	Dividend per share (NTD)
NTD	2,000,000	2,000,000	2,000,000

Page 48

Page 49

Statutory surplus reserve
$ -
$ 16,624
Special surplus reserve
( 500,301)
248,554
Cash dividend
- $ -
79,429 $ 0.66

On March 30, 2026 after the resolution of the board of directors, the resolution for the 2025 surplus distribution was as follows:

	Year 2025
	Amount	Dividends per share
Statutory surplus reserve	$ -
Special surplus reserve	( 74,195)
Cash dividend	-	$ -

(21) Non-controlling equity

	Year of 2025	Year of 2024
Balance beginning of the year	$ 5,711,469	$ 5,500,696
Net profit	( 195,671)	23,004
Difference between consideration and carrying amount of subsidiaries disposed	562,999	-
Exchange difference for conversion of financial statements of foreign	23,653	213,662
Unrealized valuation gains and losses on equity instruments at fair value through other comprehensive gains and losses	( 749)	( 145)
Difference Non-control interests	( 75,550)	( 25,748)
Balance, end of the year	$ 6,026,151	$ 5,711,469

Changes in Non-controlling Interests for the Period from January 1 to December 31, 2025:

(1) On April 28, 2025, Changchun Engley Automobile Industry Co., Ltd. approved, at its shareholders' meeting, the distribution of dividends for 2024 at RMB 0.01 per share, with total cash dividends amounting to RMB 15,858 thousand.

(2) On October 23, 2025, Ningbo Maoxiang Metal Co., Ltd. carried out a capital reduction and returned capital of USD 4,150 thousand, resulting in a decrease in non-controlling interests of 62,789 NTD(thousand).

Disposal of Equity Interests in a Subsidiary (Without Loss of Control):

From July to October 2025, the Group disposed of a 3% equity interest in Changchun Engley Automobile Industry Co., Ltd. for a total consideration of 713,214 NTD(thousand). The carrying amount of non-controlling interests as of the disposal date was 5,178,757 NTD(thousand). This transaction increased non-controlling interests by 562,999 NTD(thousand) and increased equity attributable to owners of the parent by 150,215 NTD(thousand). The impact of changes in equity of Changchun Engley Automobile Industry Co., Ltd. on equity attributable to owners of the parent for the period from January 1 to December 31, 2025 is as

follows:

	Year of 2025
Consideration received from non-controlling interests	$ 713,214
Carrying amount of non-controlling interests disposed of	( 562,999)
Capital surplus – difference between the actual consideration received (or paid) for acquisition or disposal of equity interests in subsidiaries and their carrying amounts	$ 150,215

Changes in non-controlling interests from January 1 to December 31, 2024 were mainly due to Changchun Engley Automobile Industry Co., Ltd. passed the resolution of the shareholders meeting on April 24, 2024 to distribute a dividend of RMB 0.02 per share for the year 2023, with a total cash dividend of RMB 31,716 thousand.

(22) Operation revenue

	Year of 2025	Year of 2024
Customer contract revenue
Metal	$ 12,923,388	$ 14,896,793
Non-Metallic	4,393,005	4,701,565
Tooling and others	1,769,733	1,887,094
	$ 19,086,126	$ 21,485,452

Details of Customer contract revenue

The revenue of the Group is derived from the provision of goods and services to be transferred over time and at a certain point in time. The revenue may be subdivided into the following geographical areas:

	Year of 2025
	China	Other regions	Total
Metal	$ 12,676,945	$ 246,443	$ 12,923,388
Non-Metallic	4,381,122	11,883	4,393,005
Tooling and others	1,352,574	417,159	1,769,733
Customer contract revenue	$ 18,410,641	$ 675,485	$ 19,086,126
Timing of revenue
Income recognized at a certain point in time	$ 18,410,641	$ 276,425	$ 18,687,066
Gradually recognized income over time	-	399,060	399,060
	$ 18,410,641	$ 675,485	$ 19,086,126

	Year of 2024
	China	Other regions	Total
Metal	$ 14,683,390	$ 213,403	$ 14,896,793
Non-Metallic	4,688,549	13,016	4,701,565
Tooling and others	1,169,527	717,567	1,887,094
Customer contract revenue	$ 20,541,466	$ 943,986	$ 21,485,452
Timing of revenue
Income recognized at a certain point in time	$ 20,541,466	$ 286,945	$ 20,828,411
Gradually recognized income over time	–	657,041	657,041
	$ 20,541,466	$ 943,986	$ 21,485,452

The reporting department information provided by the Group to major decision-makers belongs to China.

2. Contract liabilities

(1) The Group recognizes the contract liabilities related to customer contract revenue as follows:

	Dec. 31, 2025	Dec. 31, 2024	Jan. 1, 2024
Contract liabilities:
Contract liabilities
-Advance payment	$ 165,957	$ 177,682	$ 96,218

(2) Recognized revenue of contract liabilities at the beginning of the current period

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Initial balance of contract liabilities
Recognized income for the current period
Revenue from mold	$ 138,857	$ 80,553

(23) Other benefits and losses

	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
Net foreign currency exchange Gain(loss)	($	303,155)	($	8,724)
Net profit of financial assets measured at fair value through profit or loss		23,200		29,066
Gain or Loss incurred from disposal of property, plant and equipment	(	13,946)	(	2,347)
Impairment losses on intangible assets	(	67,675)	(	2,579)
Gain on lease modification		5,289		-
Impairment loss of investment accounted for using equity method	(	95,369)		-
Other benefits and losses	(	15,144)	(	25,533)
	($	466,800)	($	10,117)
(24) Interest income
	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
Bank deposit interest	$	41,461	$	56,471
Interest Income from Financial Assets Measured at Amortized Cost
		12,769		5,926
	$	54,230	$	62,397
(25) Other income
	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
Government grants	$	148,024	$	176,513
Dividend income		5,786		2,639
Other income—other		15,186		28,201
	$	168,996	$	207,353
(26) Financial costs
	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
Interest expense
Interest of loans	$	235,074	$	310,639
Lease liabilities		15,896		23,430
Convertible corporate bond		-		3,410
Amortization of the hosting fee of syndication		2,166		2,486
	$	253,136	$	339,965

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(27) Additional information on expense

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Employees’ benefits	$ 2,561,367	$ 2,713,685
Depreciation of property, plant and equipment	1,666,918	1,628,600
Right-of-use asset depreciation expense	108,900	177,217
Amortization expenses of intangible assets	108,969	116,353
	$ 4,446,154	$ 4,635,855

(28) Employee welfare expenses

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Salary	$ 1,943,453	$ 2,061,627
Labor and health insurance	133,217	135,975
Pension	222,506	231,727
Other employment expenses	262,191	284,356
	$ 2,561,367	$ 2,713,685

According to the articles of association, if the company makes a profit in the year, it shall allocate a minimum pre-tax employee remuneration of 0.05% and a maximum of 8%, for the directors’ remuneration, also a minimum of 0.5% and a maximum of 3%.

For the periods from January 1 to December 31, 2025 and from January 1 to December 31, 2024, the Company incurred net losses; therefore, no employee compensation or directors’ remuneration was accrued.

In accordance with the resolution of the Board of Directors on March 28, 2025, the actual amount of remuneration received by the employees and the directors in 2024, was consistent with the amount recognized in the financial report.

Information regarding the employee compensation and director compensation approved by the board of directors of the company can be found at the public information website.

(29) Income tax

Tax expense

Components of tax expense:

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Current tax :
Current income tax	$ 64,815	$ 147,515
Overestimation of income tax in previous years	17,706	( 18,395)
Total current income tax	82,521	129,120
Deferred income tax:
Original generation and revision of temporary	( 25,446)	( 102,589)

differences

Impact of changes in tax rates	-	759
Deferred income tax expense	(25,446)	(101,830)
Income tax expense	$57,075	$27,290

Relationship between income tax expense and accounting profit:

	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
Net income before tax at the statutory tax rate	($	165,948)	$	24,289
Expenses non-deductible for tax purposes		13,385		-
Tax-free income in accordance with tax law	(	63,133)	(	55,555)
The temporary differences were not recognized as deferred tax assets		-		31,898
Taxation loss unrecognized deferred income Tax assets		233,179		36,229
Realizability of deferred tax assets Changes in assessment		21,886		8,065
Overestimation of income tax in previous years		17,706	(	18,395)
The impact of the difference between the current tax rate and the realization-year tax rate on temporary differences for the current period		-		759
Income tax expense	$	57,075	$	27,290

The amount of deferred taxable assets or liabilities arising from temporary differences, tax losses and investment write-downs are as follows:

	Jan. 1 to Dec.31, 2025
	Opening balance	Recognized in profit and loss	Business combination	Ending balance
Temporary difference :
- Deferred tax assets:
Allowance for bad debts	$ 35,240	$ 10	$ -	$ 35,250
Income from unrealized land grants	16,181	12,334	-	28,515
Sluggish inventory and price loss	97,900	40,195	-	138,095
Payable social security expenses and provident fund	503	( 581)	-	( 78)
Tax loss	333,884	( 53,233)	-	280,651

Page 55

Deferred income tax related to liabilities arising from a single transaction	81,021	(13,960)	-	67,061
Other	29,054	1,586	-	30,640
Subtotal	$593,783	($13,649)	$ -	$580,134
- Deferred income tax liabilities:
Foreign long-term investment income	($283,227)	$9,146	$ -	($274,081)
Land use-of-right tax difference	(19,784)	-	417	(19,367)
Intangible asset tax difference	(22,774)	-	8,489	(14,285)
Tax difference of property, plant and equipment	(11,746)	-	1,458	(10,288)
Deferred income tax related to liabilities arising from a single transaction	(86,335)	13,622	-	(72,713)
Other	(42,467)	5,963	-	(36,504)
Subtotal	($466,333)	$28,731	$10,364	($427,238)
Total		$15,082	$10,364

Jan. 1 to Dec.31, 2024

	Opening balance	Recognized in profit and loss	Business combination	Ending balance
Temporary difference :
- Deferred tax assets:
Allowance for bad debts	$ 30,971	$ 4,269	$ -	$ 35,240
Income from unrealized land grants	16,054	127	-	16,181
Sluggish inventory and price loss	79,344	18,556	-	97,900
Payable social security expenses and provident fund	287	216	-	503
Tax loss	277,282	56,602	-	333,884
Deferred income tax related to liabilities arising from a single transaction	79,922	1,099	-	81,021
Other	31,209	(2,155)	-	29,054
Subtotal	$ 515,069	$ 78,714	$ -	$ 593,783
- Deferred income tax liabilities:
Foreign long-term investment income	($ 294,767)	$ 11,540	$ -	($ 283,227)
Land use-of-right tax difference	( 19,607)	-	( 177)	( 19,784)
Intangible asset tax difference	( 30,277)	-	7,503	( 22,774)
Tax difference of property, plant and equipment	( 12,806)	-	1,060	( 11,746)

Deferred income tax related to liabilities arising from a single transaction
( 82,849) ( 3,486) - ( 86,335)
Other
( 49,902) 7,435 - ( 42,467)
Subtotal
($ 490,208) $ 15,489 $ 8,386 ($ 466,333)
Total
$ 94,203 $ 8,386

The effective period of the tax loss that has not been used by the Group and the amount of unrecognized deferred taxable assets are as follows:

December 31, 2025

Year of occurrence	Number of declarations / approved numbers	Amount not yet deducted	Unrecognized deferred income tax assets	Final deduction year
2020	$ 386,031	$ 211,495	$ 179,532	2025 - 2030
2021	363,403	327,221	180,103	2026 - 2031
2022	802,339	738,968	357,494	2027 - 2032
2023	938,156	864,353	693,471	2028 - 2033
2024	611,918	611,918	253,965	2029 - 2034
2025	1,217,237	1,217,237	1,165,191	2030 - 2035
	$ 4,319,084	$ 3,971,192	$ 2,829,756

December 31, 2024

Year of occurrence	Number of declarations / approved numbers	Amount not yet deducted	Unrecognized deferred income tax assets	Final deduction year
2019	$ 599,907	$ 304,021	$ 156,216	2024 - 2029
2020	352,689	211,495	73,086	2025 - 2030
2021	303,533	279,828	107,771	2026 - 2031
2022	802,339	748,798	240,799	2027 - 2032
2023	949,038	908,620	721,925	2028 - 2033
2024	556,926	556,926	175,386	2029 - 2034
	$ 3,564,432	$ 3,009,688	$ 1,475,183

Tax rate of subsidiaries in China:

Reinvestment company	Applicable tax condition and applicable tax rate
Chengdu Engley Auto part Co.,	Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2023
Changchun Lightweight Technology Co., Ltd.	Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2023
Changchun Engley Automobile Industry Co., Ltd.	Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2024
Tianjin Engley Manufacturing Co., Ltd.	Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2024
Ningbo Engley Automobile Industry Co., Ltd.	Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2024

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Page 57

Linde+Engley (Tianjin) Auto Parts Co., Ltd.
Suzhou Engley Auto Part Co., Ltd.
Foshan Engley Auto Part Co., Ltd.
Changchun Engley Automotive R&D GmbH
Changchun Engley Auto Parts Co., Ltd.
Ningbo Maoxiang Material Co., Ltd.
Taizhou Maoqi Metal Co., Ltd.
Tsingtao Engley Auto Part Co., Ltd.
The Netherlands subsidiaries
The other subsidiaries in China

rate high-tech project from 2024
Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2025
Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2025
Applicable tax rate: 15%; Applying a preferential tax rate high-tech project from 2025
Applicable tax rate: 15%
Applicable tax rate: 25%
Applicable tax rate: 25%
Applicable tax rate: 25%
Applicable tax rate: 25%
Applicable tax rate: 25%

The Company has not recognized the deferred income tax liabilities for the taxable temporary differences related to the investment of certain subsidiaries, and the temporary differences in deferred income tax liabilities that were not recognized as at December 31, 2025 and December 31, 2024 were 2,180,257 NTD (thousand) and 2,479,203 NTD (thousand) respectively.
Engley Industry Co., Ltd. income tax settlement declaration, which has been approved by the tax collection authority until 2023.

(30) Earnings per share

	Jan. 1 to Dec.31, 2025
	After tax amount	Weighted average numberof shares in circulation (thousand shares)	Earning per share (NTD)
Basic earnings per share/ Diluted surplus per share
Net profit for current attributable to the common shareholders of the parent company	($ 946,613)	120,207	($ 7.87)
	Jan. 1 to Dec.31, 2024
	After tax amount	Weighted average numberof shares in circulation (thousand shares)	Earning per share (NTD)
Basic earnings per share/ Diluted surplus per share
Net profit for current attributable to the common shareholders of the parent company	($ 10,690)	120,345	($ 0.09)

(31) Information of cash flow supplement

Investment activities with only partial cash payment:

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Purchase of real estate, plant and equipment	$ 1,330,478	$ 1,847,015
Plus : Beginning payment of equipment	585,217	695,766
Less: Ending payment of equipment	( 250,768)	( 585,217)
Less : Beginning prepayment of equipment	( 452,530)	( 819,262)
Plus : Ending prepayment of land and equipment	301,202	452,530
Cash payment	$ 1,513,599	$ 1,590,832

2. Financing activities with no cash flow effects:

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Convertible bonds being converted to capital stocks	$ -	$ 596

(32) Changes in liabilities from financing activities

	Short term loan	Dividend payable	Long term loan	Lease liability	Security deposits received	Total liabilities from financing activities
Jan.1 2025	$ 2,900,219	$ -	$ 6,528,745	$ 509,189	$ 5,376	$ 9,943,529
Changes in financing cash flow (	319,087)	( 12,761)	( 1,038,670)	( 100,671)	537	( 1,470,652)
Current increase	-	12,761	-	-	-	12,761
Effect of exchange rate	164,536	-	156,886	1,656	24	323,102
Other non-cash changes	-	-	( 2,166)	41,164	-	38,998
Dec.31, 2025	$ 2,745,668	$ -	$ 5,644,795	$ 451,338	$ 5,937	$ 8,847,738
	Short term loan	Bonds payable	Dividend payable	Long term loan	Lease liability	Total liabilities from financing activities
Jan.1 2024	$3,923,731	$ 347,086	$ -	$ 5,314,581	$ 401,051	$ 9,990,779
Changes in financing cash flow (	( 1,100,897)	( 349,900)	( 105,177)	1,074,953	( 132,260)	( 612,235)
Current increase	-	-	105,177	-	-	105,177
Effect of exchange rate	77,385	-	-	136,725	21,362	235,472
Change in bond discount	-	3,410	-	-	-	3,410
Other non-cash changes	-	( 596)	-	2,486	219,036	220,926
Dec.31, 2024	$2,900,219	$ -	$ -	$ 6,528,745	$ 509,189	$ 9,943,529

7. Related party transactions

(1) Ultimate controller

The ultimate controller of the Group is Lin Chi Pin.

(2) Name and relationship of related parties

Name of related party	Relationship with the Group
Jilin Jinli Auto part Co., Ltd.	Associates
Chengdu Youli Auto part Co., Ltd.	Associates
ConstelliumEngley (Changchun) Automotive Structures Co., Ltd.	Associates
LINDE+WIEMANN GmbH KG	Other relationship
LINDE+WIEMANN U.S. Inc.	Other relationship
LINDE+WIEMANN Deutschland	Other relationship
LINDE+WIEMANN SE & CO.K	Other relationship

Tianjin Chinli Auto Parts Industrial Co., Ltd.
Associates
Tsingtao Youli Auto Parts Industrial Co, Ltd.
Associates

(3) Major transactions with related persons

Sales

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Merchandise sale:
—Other related	$ 88,171	$ 110,826

Commodities are purchased from associated enterprises on general commercial terms and conditions. There is no significant difference between the transaction price and the terms of payment from the general supplier, and the general manufacturer pays within 30 to 90 days of the monthly settlement.

Purchase

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Merchandise sale:
—Associates	$ 407,034	$ 392,456
—Other related	5,630	105,612
	$ 412,664	$ 498,068

Accounts receivables

	December 31, 2025	December 31, 2024
—Other related	$ 17,024	$ 54,718

Other receivables

	December 31, 2025	December 31, 2024
— ConstelliumEngley	$ -	$ 51,520

Other accounts receivable from these associated enterprises are due to the dividend receivables generated from the lease of plant between the Group and related parties.

Notes payable

	December 31, 2025	December 31, 2024
Notes payable to related:
— Associates	$ 60,670	$ 63,765

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6. Accounts payables

	December 31, 2025	December 31, 2024
Accounts due to related:
— Associates	$ 156,493	$ 124,689
— Other related parties	4,636	9,421
	$ 161,129	$ 134,110

7. Others payables

	December 31, 2025	December 31, 2024
— Associates	$ 725	$ 1,708
— Other related parties	172	1,177
	$ 897	$ 2,885

8. Prepayment

	December 31, 2025	December 31, 2024
— Associates	$ 2,508	$ 45,733
— Other related parties	725	750
	$ 3,233	$ 46,483

The advance payment of the party concerned is due to the advance payment made by the Group with the associated enterprise and. other related parties.

9. Property transaction

Acquire other assets

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
— Associates	$ -	$ 3,717
— Other related parties	17,171	-
	$ 17,171	$ 3,717

10. Operating expense

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
— Other related parties	$ 31,357	$ 55,704
— Associates	2	154
	$ 31,359	$ 55,858

Operating expenses are mainly related to the salary expenses of related technical services and production management instructors.

11. Lease transaction-lessee

(1) The Group undertakes lease holdings from Jilin Jinli Auto Parts Co., Ltd. for a period of 16 years. Rent is prepaid quarterly.
(2) Lease liability

A. Ending balance:

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	December 31, 2025	December 31, 2024
Jilin Jinli	$ 119,556	$ 126,070
B. Interest expense:
	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Jilin Jinli	$ 5,691	$ 6,168
(4) Salary information of key management
	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Salary and benefits of short term employees	$ 83,866	$ 102,222

8. Pledged assets

The details of the guarantee for our assets are as follows:

	Carrying value
Assets	December 31, 2025	December 31, 2024	Guaranteed purpose
Refundable deposit	$ 471,982	$ 624,547	Acceptance deposit
(List other current assets)
Refundable deposit	18,463	11,934	Lease deposit
(List other non-current assets)
Notes receivable	101,685	403,065	Acceptance deposit and short-term loan
Financial assets measured at amortised cost - current	-	24,922	Performance guarantee deposit
	$ 592,130	$ 1,064,468

9. Significant contingent liabilities and unrecognized contractual commitments

Capital expenditures that have been signed but not yet incurred:

	December 31, 2025	December 31, 2024
Property, plant and equipment	$ 1,837,838	$ 2,553,662

10. Major disaster losses

None.

11. Important post term matters

None.

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12. Others

(1) Capital management

The objective of capital management of the Group is to ensure that the Group continues its operation, maintains the optimum capital structure to reduce the cost of capital and to provide remuneration to shareholders. To maintain or adjust the capital structure, the Group may adjust the dividend paid to shareholders, return the capital to shareholders, issue new shares, or sell assets to reduce debts. The Group monitors its capital using the debt-to-capital ratio, which is calculated as net debt divided by total capital.

The net debt is calculated as total borrowings (including "current and non-current borrowings" as stated in the consolidated balance sheet) less cash and cash equivalents. The calculation of total capital is calculated as "equity" listed on the consolidated balance sheet plus the net amount of debt.

As of December 31, 2025 and December 31, 2024, the debt to capital ratio of the Group was as follows:

	December 31, 2025	December 31, 2024
Total loan	$ 8,390,463	$ 9,428,964
Less: Cash and cash equivalents	( 6,130,280)	( 5,243,499)
Net debt	2,260,183	4,185,465
Total equity	17,459,288	17,930,834
Total capital	$ 19,719,471	$ 22,116,299
Debt to capital ratio	11.46%	18.92%

(2) Financial instruments

1. Types of financial instruments

	December 31, 2025	December 31, 2024
Financial assets
Financial assets measured at fair value through other comprehensive income
Notes receivable	$ 1,463,028	$ 1,561,440
Select the specific equity instrument investment	71,224	80,234
Financial assets measured by amortized cost
Cash and cash equivalents	6,130,280	5,243,499
Financial assets measured at amortised cost - current	779,972	1,131,482
Accounts receivable(including related parties)	3,921,056	4,712,611
Other accounts receivable(including related parties)	50,413	121,535
Refundable deposits	490,445	636,481
	$ 12,906,418	$ 13,487,282

Financial liabilities

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Financial liabilities measured by amortized cost

Short term loan	$	2,745,668	$	2,900,219
Notes payable(including related parties)		3,318,202		2,984,200
Accounts payable(including related parties)		4,095,711		4,565,194
Other accounts payable(including related parties)		1,106,419		1,449,362
Long term loan (including those parts which are due within one year)		5,644,795		6,528,745
Guarantee deposit received		5,937		5,376
	$	16,916,732	$	18,433,096
Lease liability(including those parts which are due within one year)	$	451,338	$	509,189

2. Risk management policy

The daily operations of the Group are affected by a number of financial risks, including market risk (including exchange rate risk and interest rate risk), credit risk and liquidity risk. The overall risk management policy of the Group focuses on unpredictable events in the financial market and seeks to reduce the potential adverse impact on the financial position and financial performance of the Group.

3. The nature and extent of significant financial risks

(1) Market risk

Currency risk

A. The Group is a transnational operation and therefore is subject to exchange rate risk arising from exchanges that are different from the functional currencies of our company and subsidiaries, mainly in USD and Euro. The relevant exchange rate risk arises from future business transactions and recognized assets and liabilities.

B. The Group's business involves a number of non-functional currencies (the functional currency of our company and some subsidiaries is the New Taiwan dollar and the functional currency of some subsidiaries is Euro and CNY). Therefore, the Group is affected by exchange rate fluctuations. Information on foreign currency assets and liabilities with significant exchange rate fluctuations is as follows:

	December 31, 2025
	Foreign currency (in thousand)	Exchange rate	Carrying amount(NTD)
(Currency:functional currency)
Financial asset
Currency
USD : NTD	$ 15,459	31.43	$ 485,876
EUR : NTD	5,337	36.90	196,935
Non-Currency
USD : CNY	$ 3,500	7.00	$ 110,005
Financail liabilities
Currency
Euro : NTD	$ 114,720	36.90	$ 4,233,168
	December 31, 2024
	Foreign currency (in thousand)	Exchange rate	Carrying amount(NTD)

(Currency:functional currency)

Financial asset

Page 64

Currency
USD : NTD
$ 5,261 32.79 $ 172,508
Non-Currency
USD : CNY
$ 3,500 7.30 $ 114,765
Financail liabilities
Currency
Euro : NTD
$ 116,765 34.14 $ 3,986,357

C. All exchange benefits and losses were recognized as losses by the Group’s monetary projects from January 1 to December 31, 2025 and from January 1 to December 31, 2024 due to exchange rate fluctuations (including realized and unrealized). The total amount of loss was 303,155 NTD (thousand) and loss was 8,724 NTD(thousand) respectively.

D. The analysis of foreign currency market risks of the Group arising from significant exchange rate fluctuations is as follows:

	Jan. 1 to Dec. 31, 2025
	Sensitivity analysis
	Amplitude of fluctuation	Impact profit and loss	Affect other comprehensive profit and loss
(Currency:functional currency)
Financial assets
Currency
USD : NTD	1%	$ 4,859	$	-
EUR : NTD	1%	1,969		-
Non-Currency
USD: CNY	1%	$ -	$	1,100
Financial liabilities
Currency
EUR : NTD	1%	$ 42,332	$	-
	Jan. 1 to Dec. 31, 2024
	Sensitivity analysis
	Amplitude of fluctuation	Impact profit and loss	Affect other comprehensive profit and loss
(Currency:functional currency)
Financial assets
Currency
USD: NTD	1%	$ 1,725	$	-
Non-Currency
USD: CNY	1%	$ -	$	1,148
Financial liabilities
Currency
EUR : NTD	1%	$ 39,864	$	-

Page 65

Price risk

A. The equity instruments in which the Group is exposed to price risk are those held for financial assets measured at fair value through other comprehensive income. In order to manage the price risk of equity instruments, the Group diversifies its investment portfolio according to the limits set by the Group.

B. The Group invests mainly in equity instruments issued by domestic companies and foreign companies. The prices of equity securities would change due to the change of the future value of investee companies. If the prices of these equity securities had increased/decreased by 1% with all other variables held constant, post-tax profit for the years ended December 31, 2025 and 2024 would have increased/decreased by 712 and 802, respectively, as a result of other comprehensive income classified as equity investment at fair value through other comprehensive income.

Cash flow and fair value interest rate risk

A. The interest rate risk of the Group stems mainly from short-term and long-term borrowings issued at floating interest rates, which expose the Group to cash flow rate risk. The Group's borrowings are mainly fixed and floating interest rates. From January 1 to December 31, 2024 and from January 1 to December 31, 2023, the Group's borrowings at floating rates are denominated in RMB and Euros.

B. When the interest rate on borrowing rises or falls by 1%, and all other factors remain unchanged, the net (loss) after tax (loss) on January 1 to December 31, 2025 and January 1 to December 31, 2024 will be reduced or increased by 62,988 NTD (thousand) and 70,793 NTD (thousand) respectively, mainly due to changes in interest charges arising from floating rates.

(2) Credit risk

A. Credit risk refers to the risk of financial loss to the Group arising from default by the clients or counterparties of financial instruments on the contract obligations. The main factor is that counterparties could not repay in full the accounts receivable based on the agreed terms.

B. In accordance with the internal and explicit credit policy, each operating entities within the Group shall conduct management and credit risk analysis for each new customer before setting the terms and conditions for payment and delivery. The internal risk control system assesses the credit quality of the customer by taking into account its financial position, past experience and other factors. The limits of individual risks are set by the Board of Directors according to internal or external ratings, and the use of credit limits is regularly monitored. The main credit risk comes from cash and cash equivalents and deposits with banks and financial institutions. It also comes from customers' credit risks and includes outstanding receivables. For banks and financial institutions, only good credit rating agencies will be accepted as trading counterparts.

C. The Group uses IFRS 9 to provide the following assumptions as a basis for determining whether there has been a significant increase in credit risk for financial instruments since the initial recognition:

When the contractual payments are overdue for more than 30 days in accordance with the agreed terms of payment, credit risk has increased significantly since the initial recognition of the financial asset.

D. The Company uses IFRS 9 to provide the premise that a breach is deemed to have occurred when the contract amount is more than one year overdue under the agreed terms of payment.

E. The Company will use a simplified approach to customer accounts receivable to estimate expected credit losses on the basis of the loss rate method.

F. The Group first assesses and sets aside impairment losses for individual receivables that are judged to be irrecoverable by objective evidence. For the remaining accounts receivable, the loss rate is established based on historical and current information for a specific period, and future forward-looking considerations are made to evaluate the provision for losses on accounts receivable. As of December 31, 2025 and December 31, 2024, the cumulative provision loss amounts for the above individually assessed receivables were 17,018 NTD (thousand) and 16,942 NTD (thousand). The remaining accounts receivable are included in future forward-looking considerations and the loss rate established based on historical and current information for a specific period is adjusted to

Page 65

estimate the allowance loss for accounts receivable (including notes receivable and accounts receivable). The accumulated provision loss amount as of December 31, 2025 and December 31, 2024 was 169,797 NTD (thousand) and 168,227 NTD (thousand). The provision matrix is as follows:

December 31, 2025	Expected loss rate	Expected loss rate	Total carrying value
Not overdue	0.07%	$ 5,200,476	$ 3,390
Within 90 days	2.95%	91,968	2,717
91-180 days	2.15%	76,137	1,634
More than 181 days	87.46%	185,300	162,056
		$ 5,553,881	$ 169,797
December 31, 2024	Expected loss rate	Expected loss rate	Total carrying value
Not overdue	0.09%	$ 6,182,413	$ 5,459
Within 90 days	5.39%	56,265	3,032
91-180 days	9.28%	39,066	3,625
More than 181 days	94.88%	164,534	156,111
		$ 6,442,278	$ 168,227

G. The Company's statement of changes in the allowance for receivables from the adoption of simplified practices is as follows:

	December 31, 2025	December 31, 2024
January 1	$ 185,169	$ 149,696
Impairment loss	7,352	33,070
Written off	( 6,564)	( 2,985)
Effect of exchange rate	858	5,388
December 31	$ 186,815	$ 185,169

H. For investments in debt instruments at amortised cost, the credit rating levels are presented below::

	2025
	Lifetime			Total
	12 months	Significant increase in credit risk	Impairment of credit
Financial assets at amortised cost	$ 779,972	$ -	$ -	$ 779,972
Other receivables	$ 50,413	$ -	$ 3,819	$ 54,232
Refundable deposit	$ 490,445	$ -	$ -	$ 490,445
	2024
	Lifetime

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	12 months	Significant increase in credit risk	Impairment of credit	Total
Financial assets at amortised cost	$1,131,482	$ -	$ -	$1,131,482
Other receivables	$121,535	$ -	$1,135	$122,670
Refundable deposit	$636,481	$ -	$ -	$636,481

a. The abovementioned provision amounts took restricted deposits into account, thus, the Group's unrecognised loss allowance amounted to 0 and 0 for the years ended December 31, 2025 and 2024, respectively.

b. The Company's statement of changes in the allowance for other receivables is as follows:

	December 31, 2025	December 31, 2024
	Lifetime Impairment of credit	Lifetime Impairment of credit
January 1	$ 1,135	$ 257
Impairment loss	2,718	879
Effect of exchange rate	(34)	(1)
December 31	$ 3,819	$ 1,135

(3) Liquidity risk

A. Cash flow forecast is executed by individual operating entities within the Group and is summarized by the Finance Department of the Group. The Group Finance Department monitors the liquidity needs of the Group to ensure that it has sufficient funds to meet operational needs and maintains sufficient outstanding loan commitments at all times to prevent the Group from breaching the relevant borrowing limits or terms. The forecasting considers the company's debt financing plan, compliance with debt terms, compliance with internal balance sheet financial ratio targets, and external regulatory requirements.

B. The Group Finance Department invests the remaining funds in demand deposits with interest rates, money market deposits, and the instruments chosen are appropriately maturing or sufficient liquid to meet the above forecasts to provide adequate adjustments.

C. The amount of outstanding loans of the Group as of December 31, 2025 and December 31, 2024 were 16,077,486 NTD (thousand) and 10,343,015 NTD (thousand) respectively.

D. The following table is a list of non-derivative financial liabilities of the Group and is grouped by the relevant maturities. Non-derivative financial liabilities are analyzed on the basis of the balance sheet to the remaining period from the contractual maturity date. The amount of contractual cash flow disclosed in the following table is undiscounted amount.

Non-derivative financial liabilities:

Dec.31, 2025	1 year or less	1-2 years	2-3 years	3-5 years	5 years or more	Total
Short term loan	$2,766,749	$ -	$ -	$ -	$ -	$2,766,749

Notes payable	3,257,532	-	-	-	-	3,257,532
Notes payable-related party	60,670	-	-	-	-	60,670
Accounts payable	3,934,582	-	-	-	-	3,934,582
Accounts payable-related party	161,129	-	-	-	-	161,129
Other payables	1,106,419	-	-	-	-	1,106,419
Lease payment(including part due within one	121,029	116,848	100,076	86,258	74,895	499,106

year)
Long-term loans (including the part due within one year)	698,813	776,657	1,897,736	2,139,554	631,040	6,143,800
Guarantee deposit received	537	-	-	5,400	-	5,937
Non-derivative financial liabilities:
Dec.31, 2024	1 year or less	1-2 years	2-3 years	3-5 years	5years or more	Total
Short term loan	$ 2,927,212	$ -	$ -	$ -	$ -	$ 2,927,212
Notes payable	2,920,435	-	-	-	-	2,920,435
Notes payable-related party	63,765	-	-	-	-	63,765
Accounts payable	4,431,084	-	-	-	-	4,431,084
Accounts payable-related party	134,110	-	-	-	-	134,110
Other payables	1,449,362	-	-	-	-	1,449,362
Lease payment(including part due within one year)	132,930	123,895	110,252	122,311	88,343	577,731
Corporate bonds payable	2,791,593	1,335,899	492,199	2,421,361	483,541	7,524,593
Long-term loans (including the part due within one year)	-	-	-	5,376	-	5,376
Guarantee deposit received	$ 2,927,212	$ -	$ -	$ -	$ -	$ 2,927,212

(3) Fair value information

The various levels of valuation techniques used to measure the fair value of financial and non-finished tools are defined as follows:

The first level : Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date. A market is regarded as active where a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis. The fair value of the Group's investment in listed stocks is included in the first level.

The second level : Observable inputs that are directly or indirectly connected to assets or liabilities, except those included in the first level.

The third level : Unobservable inputs for the asset or liability. The fair value of the Group's investment in equity investment without active market is included in the third level.

Financial instruments not measured by fair value

The Group that are not measured at fair value (including cash and cash equivalents, financial assets measured at amortized cost, notes receivable, accounts receivable, other receivables, short-term loans, the carrying amount of notes payable, notes payable - related parties, accounts payable, accounts payable - related parties, other payables, other payables - related parties, lease payment(including part due within one year) and long-term borrowings (including the portion due within one year) is a reasonable approximation of fair value.

Financial liabilities: 2025 and 2024 : NA.

Financial and non-financial instruments measured at fair value are classified by the Group on the basis of the nature, characteristics and risks of assets and liabilities and the basis for the fair value hierarchy and the relevant information is as follows:

Page 69

December 31, 2025

	The 1st level	The 2nd level	The 3rd level	Total
Assets
Repetitive fair value
Financial assets measured at fair value through other comprehensive income
- Corporate debt redemption	$ -	$ -	$ 71,224	$ 71,224
December 31, 2024	The 1st level	The 2nd level	The 3rd level	Total
Assets
Repetitive fair value
Financial assets measured at fair value through other comprehensive income
- Corporate debt redemption	$ -	$ -	$ 80,234	$ 80,234

The methods and assumptions used by the Group to measure fair value are described below:

(1) Fair value of financial instruments without an active market is obtained by evaluating technology or by reference to counterparty quotes. The fair value obtained through the evaluation technique may be derived by reference to the present fair value, cash flow discount or other valuation techniques of other financial instruments with substantially similar conditions and characteristics.

(2) The Group incorporates credit risk assessment adjustments into the calculation of fair value of financial instruments and non-financial instruments to reflect the counterparty credit risk and the credit quality of the Group.

There was no transfer between the first level and the second level from January 1 to December 31, 2025 and from January 1 to December 31, 2024.
The following table shows the changes in the third level from January 1 to December 31, 2025 and January 1 to December 31, 2024:

	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
Opening balance	$	80,234	$	74,927
Benefits recognized in other comprehensive income	(	3,551)	(	799)
Impact of exchange rate	(	5,459)		6,106
Ending balance	$	71,224	$	80,234

Within year of 2025 and year of 2024, there was no transferring from the third grade.
The evaluation process of fair value classified in Level 3 is carried out by the finance department responsible for the independent fair value verification of financial instrument, which enables the evaluation result to be close to the market state and periodically reviewed to ensure that the evaluation result is reasonable.
Quantitative information about the significant unobservable input value of the

evaluation model used in the third level fair value measurement project and the sensitivity analysis of the significant unobservable input value change are explained below:

	December 31, 2025 Fair value	Evaluated technology	Major unobservable Input value	Range (Weighted average)	Relationship between input value and fair value
Equity securities	$ 71,224	Discounted cash flow method	Long term revenue growth rate	0%-5%	The higher the long term revenue growth rate and long term pre-tax business net profit, the higher the fair value.
	December 31, 2024 Fair value	Evaluated technology	Major unobservable Input value	Range (Weighted average)	Relationship between input value and fair value
Equity securities	$ 80,234	Discounted cash flow method	Long term revenue growth rate	0%-5%	The higher the long term revenue growth rate and long term pre-tax business net profit, the higher the fair value.

The evaluation model and evaluation parameters used by the Group have been carefully evaluated, but the use of different evaluation models or evaluation parameters may result in different evaluation results. For financial assets and financial liabilities classified as the third level, if the parameter changes are assessed, the effect on the current period profit or loss or other comprehensive income is as follows:

	Input value	Change	December 31, 2025
			Recognized as profit and loss		Recognized in other comprehensive income
			Favorable change	Unfavorable change	Favorable change	Unfavorable change
Financial assets
Equity securities	Cash flow	±1%	$ -	$ -	$ 712	($ 712)
	Input value	Change	December 31, 2024
			Recognized as profit and loss		Recognized in other comprehensive income
			Favorable change	Unfavorable change	Favorable change	Unfavorable change
Financial assets
Equity securities	Cash flow	±1%	-	-	802	( 802)

13. Notes for disclosure

(1) Information regarding major transactions

For money loan to others: Please refer to schedule 1.
Endorsement for others: Please refer to schedule 2.
Significant marketable securities held at period-end (excluding investment

Page 70

subsidiaries, affiliated enterprises and joint venture): please refer to schedule 3.

The amount of the person entering or sold with the relationship up to 100 million NTD or the capital received is more than 20%: Please refer schedule 4.
The amount of the receivable is up to 100 million NTD or the amount of capital received is more than 20%: Please elaborate on schedule 5.
Business relations and important transaction transactions and amounts between the parent company and its subsidiaries and between subsidiaries: Please refer schedule 6.

(2) Information of re-investment

The name of the invested company, the region and other relevant information (excluding mainland invested companies): Please refer schedule 7.

(3) Information of China investment

Basic information: Please refer to schedule 8.
Major transactions arising directly or indirectly from the investment companies of the mainland through the cause and transfer of the third region: Please refer schedule 8.
Information of departments

(1) General information

The management of the Group has identified the reporting departments on the basis of the reporting information applicable to the formulation of decisions by the main operating decision makers, and has divided the business organizations into Changchun Engley Automobile Industry Co., Ltd. according to the nature of the company Changchun Engley Auto Parts Co., Ltd., FoshanEngley Auto Part Co., Ltd., Linde+Engley (Tianjin) Auto Parts Co., Ltd., Suzhou Engley Auto Part Co., Ltd., Tianjin Engley Manufacturing Co., Ltd., and Tsingtao Engley Auto Part Co., Ltd. while the Group's revenue mainly produces and sells auto parts, stamping products, hot pressing molding products and so on.

(2) Measurement of departmental information

The profit and loss of the operating department of the Group is measured by pre-tax profit and loss and is used as the basis for performance evaluation. The accounting policies of the operating departments are the same as the summary of important accounting policies described in Note 4.

(3) Departmental profit and loss and assets information

Provided to key operational decision makers from January 1 to December 31, 2025 and 2024, the department's information should be reported as follows:

Page 71

Jan. 1 to Dec. 31, 2025

	Changchun Engley Industrial	Changchun Engley auto parts	FoshanEngley	Linde+Engley (Tianjin)	Suzhou Engley Auto	Tianjin Engley	Tsingtao Engley	Total
Income
Customers from revenue from customers, Income from customers	$ 4,834,941	$ 558,904	$ 1,561,690	$ 2,811,594	$ 1,779,979	$ 2,227,459	$ 1,240,832	$15,015,399
Income from other sectors within the enterprise	1,291,945	1,217,634	21,063	13,049	126,238	448,846	169,612	3,288,387
Total income	$ 6,126,886	$ 1,776,538	$ 1,582,753	$ 2,824,643	$ 1,906,217	$ 2,676,305	$ 1,410,444	$18,303,786
Departmental profit and loss	($ 54,128)	($ 84,092)	($ 256,087)	($ 29,894)	($ 75,319)	$ 173,155	$ 25,808	($ 300,557)
Departmental profit and loss including :
Interest incomes	$ 30,007	$ 2,748	$ 812	$ 442	$ 362	$ 851	$ 362	$ 35,584
Financial cost	( 58,473)	( 2,318)	( 1,212)	( 15,167)	( 4,564)	( 679)	( 13,457)	( 95,870)
depreciation and amortisation	( 337,831)	( 87,081)	( 131,652)	( 362,171)	( 123,013)	( 171,737)	( 99,474)	( 1,312,959)
Recognised investment profit or loss which is adopting equity method	( 51,607)	( 25,155)	-	-	-	-	-	( 76,762)

Jan. 1 to Dec. 31, 2024

	Changchun Engley Industrial	Changchun Engley auto parts	FoshanEngley	Linde+Engley (Tianjin)	Suzhou Engley Auto	Tianjin Engley	Tsingtao Engley	Total
Income
Customers from revenue from customers, Income from customers Income from other sectors within the enterprise	$ 5,305,658	$ 332,029	$ 2,166,543	$ 3,570,727	$ 2,137,403	$ 2,025,132	$ 1,124,761	$ 17,267,024
Total income	$ 6,330,105	$ 1,863,155	$ 2,184,172	$ 3,581,559	$ 2,257,067	$ 2,716,542	$ 1,169,268	$ 20,942,909
Departmental profit and loss	$ 117,615	$ 128,001	($ 12,061)	$ 63,658	($ 84,584)	$ 143,166	$ 24,500	$ 333,899
Departmental profit and loss including :
Interest incomes	$ 38,007	$ 1,695	$ 1,906	$ 940	$ 583	$ 1,348	$ 1,019	$ 45,898
Financial cost	( 74,381)	( 1,691)	-	( 25,215)	( 6,868)	( 9,484)	( 15,208)	( 137,684)
depreciation and amortisation	( 326,662)	( 109,812)	( 136,358)	( 370,049)	( 143,883)	( 154,730)	( 89,058)	( 1,395,515)
Recognised investment profit or loss which is adopting equity method	( 12,801)	41,070	-	-	-	-	-	28,269

(4) Adjustment information of department revenue and profit and loss

The adjusted total income of this period and the total income of the continuing business department are adjusted as follows:

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
The operating department's adjusted income should be reported	$ 18,303,786	$ 20,101,868
Adjusted income of other operating departments	6,288,869	7,175,854
Total operating departments	24,592,655	27,277,722
Eliminate interdepartmental income	( 5,506,529 )	( 5,792,270 )
Total consolidated operating income	$ 19,086,126	$ 21,485,452

A reconciliation of income before tax and continuing segments revenue before tax:

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
The adjustment of pre-tax gains and losses by the operating segments	($ 300,557)	$ 380,295
should be reported
Adjustment of post-tax gains and losses by other operating segments	( 681,636)	( 248,927)
Total operating departments	( 982,193)	131,368
Eliminate inter-departmental gains and losses	( 103,016)	( 91,764)
Continued business sector pre-tax gains and losses	($ 1,085,209)	$ 39,604

(5) Information regarding products and labor

External customer revenue mainly comes from the production of automotive parts, stamping products, hot pressing molding products, mold design, manufacturing and related technical advisory services and other business.

The detail of income balance is as follows:

	Jan.1 to Dec.31, 2025	Jan.1 to Dec.31, 2024
Commodity sales revenue	$ 17,316,393	$ 19,598,358
Income from molding and others	1,769,733	1,887,094
Total	$ 19,086,126	$ 21,485,452

(6) Regional information

Reginal information of the Group as of January 1 to December 31, 2025 and from January 1 to December 31, 2024 is as follows:

	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
	Income	Non-current assets	Income	Non-current assets
China	$ 18,410,641	$ 14,481,474	$ 20,541,466	$ 15,079,550
Other regions	675,485	1,033,202	943,986	1,070,006
	$ 19,086,126	$ 15,514,676	$ 21,485,452	$ 16,149,556

The regional income system of the Group is calculated based on the country of sale. Non-current assets refer to property, plant and equipment, right-to-use assets, intangible assets, prepaid equipment payments (other non-current assets on the books) and land-use rights (other non-current assets on the books), but excluding financial instruments and deferred income tax assets.

(7) Information of major customers

The information of major customers o the Company in 2025 and 2024 is listed below:

	Jan.1 to Dec.31, 2025		Jan.1 to Dec.31, 2024
	Amount	%	Amount	%
Company A	$ 7,023,781	37%	$ 8,343,288	40%
Company B	3,595,865	19%	4,537,337	22%

(End of the page)

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Capital Loan to Others

From January 1 to December 31, 2025

Schedule I

Number (Note 1)	Company Providing the Loan	Loan Object	Transaction Items	A Related Party or Not	Current Highest Amount	Ending Balance (Note 4)	Actual Dealing Amount	Interest Rate Collars	Capital Loan & Nature (Note 5)	Business Transaction Amount	Reasons for the Need of Short-Term Financing	Itemized Allowance Amount for Bad Debts	Collaterals Name Value	Capital Loan and Quota to Each (Note 2)	Capital Loan and Total Quota (Note 3)	Note
1	Changchun Engley Automobile Sunhou Engley Automobile Industry CO., Ltd.	Parts CO., Ltd	Other Receivables	Yes	$ 180,000	$ 180,000	$ 76,500	3.00%	2	$ -	Operating Turnover	None	None	$ 1,883,677	$ 7,534,707
1	Changchun Engley Automobile Tsingtao Engley Auto Part Industry CO., Ltd.	Parts CO., Ltd	Other Receivables	Yes	216,000	180,000	-	-	2	-	Operating Turnover	None	None	1,883,677	7,534,707
1	Changchun Engley Automobile Changsha Engley Automobile Industry CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	706,500	706,500	441,000	3.10%	2	-	Operating Turnover	None	None	1,883,677	7,534,707
1	Changchun Engley Automobile Hefei Engley Auto Parts Industry CO., Ltd.	Parts CO., Ltd	Other Receivables	Yes	405,000	180,000	157,500	2.34%	2	-	Operating Turnover	None	None	1,883,677	7,534,707
1	Changchun Engley Automobile Changchun CECK Auto. Parts Industry CO., Ltd.	Parts CO., Ltd	Other Receivables	Yes	661,500	315,000	279,000	3.00%-3.10%	2	-	Operating Turnover	None	None	1,883,677	7,534,707
1	Changchun Engley Automobile Tianjin Engley Mold Industry CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	180,000	-	-	-	2	-	Operating Turnover	None	None	1,883,677	7,534,707	6
1	Changchun Engley Automobile Hefei Engley Automobile Industry CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	337,500	337,500	202,500	3.10%	2	-	Operating Turnover	None	None	1,883,677	7,534,707
1	Changchun Engley Automobile Changchun Hongban Engley Industry CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	90,000	90,000	90,000	3.00%	2	-	Operating Turnover	None	None	1,883,677	7,534,707
2	Changchun Engley Automobile Changsha Engley Automobile Parts CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	81,000	-	-	-	2	-	Operating Turnover	None	None	788,014	1,576,028	6
2	Changchun Engley Automobile Tsingtao Engley Auto Part Parts CO., Ltd.	Parts CO., Ltd	Other Receivables	Yes	531,000	243,000	216,000	3.00%-3.35%	2	-	Operating Turnover	None	None	788,014	1,576,028
2	Changchun Engley Automobile Hefei Engley Auto Parts Co., Ltd.	Parts CO., Ltd	Other Receivables	Yes	90,000	-	-	-	2	-	Operating Turnover	None	None	788,014	1,576,028	6
2	Changchun Engley Automobile Changchun CECK Auto. Parts Parts CO., Ltd.	Parts CO., Ltd	Other Receivables	Yes	247,500	202,500	202,500	3.00%	2	-	Operating Turnover	None	None	788,014	1,576,028
2	Changchun Engley Automobile Shanghai Hongban Engley Auto Parts CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	202,500	157,500	108,000	2.2%-2.34	2	-	Operating Turnover	None	None	788,014	1,576,028
2	Changchun Engley Automobile Tianjin Engley Manufacturing Co., Ltd.	Parts CO., Ltd	Other Receivables	Yes	180,000	-	-	-	2	-	Operating Turnover	None	None	788,014	1,576,028	6
2	Changchun Engley Automobile Hefei Engley Automobile Industry Co., Ltd.	Parts CO., Ltd	Other Receivables	Yes	90,000	90,000	58,500	3.00%	2	-	Operating Turnover	None	None	788,014	1,576,028
2	Changchun Engley Automobile Changshu Engley Automobile Parts CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	90,000	-	-	-	2	-	Operating Turnover	None	None	788,014	1,576,028	6
2	Changchun Engley Automobile Changshu Hongban Engley Aluminum Co., Ltd.	Parts CO., Ltd	Other Receivables	Yes	315,000	180,000	180,000	3.00%	2	-	Operating Turnover	None	None	788,014	1,576,028
2	Changchun Engley Automobile Foshan Engley Auto Part Parts CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	90,000	-	-	-	2	-	Operating Turnover	None	None	788,014	1,576,028	6
2	Changchun Engley Automobile Sunhou Engley Automobile Parts CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	90,000	-	-	-	2	-	Operating Turnover	None	None	788,014	1,576,028	6
2	Changchun Engley Automobile Kingho Engley Automobile Industry CO., Ltd	Parts CO., Ltd	Other Receivables	Yes	22,500	22,500	22,500	3.00%	2	-	Operating Turnover	None	None	788,014	1,576,028
3	Chengdu Engley Automobile Changchun CECK Auto. Parts Parts CO., Ltd.	Parts CO., Ltd	Other Receivables	Yes	450,000	90,000	90,000	3.00%	2	-	Operating Turnover	None	None	569,433	1,138,867

Page 75

Schedules 1 on Page 1

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Capital Loan to Others

From January 1 to December 31, 2025

Schedule I

Number (Note 1)	Company Providing the Loan	Loan Object	Transaction Items	A Related Party or Not	Current Highest Amount	Ending Balance (Note 4)	Actual Dealing Amount	Interest Rate Collars	Capital Loan & Nature (Note 5)	Business Transaction Amount	Reasons for the Need of Short-Term Financing	Itemized Allowance Amount for Bad Debts	Collaterals Name Value	Capital Loan and Quota to Each (Note 2)	Unit: NT$ 1,000 Capital Loan and Total Quota (Note 3)
3	Chengdu Engley Automobile Parts CO., Ltd	Ningbo Engley Automobile Industry CO., Ltd	Other Receivables	Yes	405,000	180,000	180,000	3.10%	2	-	Operating Turnover	None	None	569,433	1,138,867
3	Chengdu Engley Automobile Parts CO., Ltd	Changchun Honghun Engley Aluminum Co., Ltd.	Other Receivables	Yes	90,000	-	-	-	2	-	Operating Turnover	None	None	569,433	1,138,867
3	Chengdu Engley Automobile Parts CO., Ltd	Tsingtao Engley Auto Part Co., Ltd.	Other Receivables	Yes	180,000	180,000	180,000	3.10%	2	-	Operating Turnover	None	None	569,433	1,138,867
4	Yizheng Engley Auto Part Co., Ltd.	Suzhou Engley Automobile Parts CO., Ltd	Other Receivables	Yes	47,452	-	-	-	2	-	Operating Turnover	None	None	93,871	187,742
5	Foshan Engley Automobile Parts CO., Ltd	Befei Engley Auto Parts Co., Ltd.	Other Receivables	Yes	90,000	-	-	-	2	-	Operating Turnover	None	None	360,895	721,790
6	Changchun Lightweight Technology Co., Ltd.	Changchun Honghun Engley Aluminum Co., Ltd.	Other Receivables	Yes	13,500	13,500	13,500	3.00%	2	-	Operating Turnover	None	None	158,593	317,186
6	Changchun Lightweight Technology Co., Ltd.	Ningbo Engley Automobile Industry CO., Ltd.	Other Receivables	Yes	22,500	22,500	22,500	3.00%	2	-	Operating Turnover	None	None	158,593	317,186
6	Changchun Lightweight Technology Co., Ltd.	Foshan Engley Automobile Parts CO., Ltd	Other Receivables	Yes	18,000	18,000	18,000	3.00%	2	-	Operating Turnover	None	None	158,593	317,186

Note 1: The instructions in the numbered column are as follows:
(1). The issuer puts in 0. (2). The investees shall be numbered in numerical order starting from Arabic numeral 1.
Note 2: (1) The company, Linde+Engley (Changchun) Auto Parts Co., Ltd. and Linde+Engley(Tianjin) Auto Parts Co., Ltd. have a single limit of capital loan to others that does not exceed $40\%$ of the company's net value. Changchun Engley Automobile Industry CO., Ltd., Ningbo Maoxiang Metal Co., Ltd., Taizhou Maoji Metal Co., Ltd., have the single limit of capital loan to others shall not exceed $10\%$ of the company's net value. The rest directly and indirectly hold $100\%$ of the voting shares, and the single limit of foreign inter-company funds to others shall not exceed $30\%$ of the company's net value.
(2) In case of capital loan to a company or business, the single limit shall be no more than $10\%$ of the paid-in capital of the company and up to the amount of goods bought and sold in nearly one year.
Note 3: The company, Changchun Engley Automobile Industry CO., Ltd., Ningbo Maoxiang Metal Co., Ltd., Taizhou Maoji Metal Co., Ltd., Linde+Engley (Changchun) Auto Parts Co., Ltd. and Linde+Engley(Tianjin) Auto Parts Co., Ltd. loan funds to others the total amount is limited to not more than $40\%$ of the company's net value, and the rest directly and indirectly hold $100\%$ of the voting shares.
Note 4: The ending balance shall be the same as the amount of capital loaned and approved by the board of directors.
Note 5: (1) Who has business dealings.
(2) Who must have short-term financing capital.
Note 6: Because the capital loan period expired before December 31, 2025, the closing balance is 0.

Schedule 1 on Page 2

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Endorsement for Others

From January 1 to December 31, 2025

Unit: NT$ 1,000

Schedule II

(Note 1)	Name of the Endorser	Subject of Endorsement		Endorsement Limit for a Single Enterprise	Current Maximum Endorsement Balance	Ending Endorsement Balance	Actual Dealing Amount	Endorsement Amount Guaranteed by Property	Ratio of the Cumulative Endorsement Amount to the Net Value of the Most Recent Financial	Maximum Limit of Endorsement	Parent Company Who Endorses Its Subsidiaries	Subsidiaries Who Endorse Their Parent Company	Who Endorses Mainland China	Note
		Company Name	Relationship (Note 3)
0	CAYMAN ENGLEY INDUSTRIAL CO., LTD.	Kranendonk Beheermaustschappij B.V.	2	$ 5,716,569	$ 1,068,620	$ 534,310	$ 99,630	$ -	4.67%	$ 17,149,706	Y	S	N	Note 2
0	CAYMAN ENGLEY INDUSTRIAL CO., LTD.	Kranendonk Production Systems B.V.	2	5,716,569	250,514	250,514	250,514	-	2.19%	17,149,706	Y	S	Y	Note 2
0	CAYMAN ENGLEY INDUSTRIAL CO., LTD.	Tianjin Engley Mold Manufacturing CO., Ltd	2	5,716,569	225,000	-	-	-	0.00%	17,149,706	Y	S	Y	Note 2
0	CAYMAN ENGLEY INDUSTRIAL CO., LTD.	Taizhou Maoqi Metal Co., Ltd.	2	5,716,569	90,000	-	-	-	0.00%	17,149,706	Y	S	Y	Note 2
0	CAYMAN ENGLEY INDUSTRIAL CO., LTD.	Shanghai Honghan Engley Auto Part Co., Ltd.	2	5,716,569	45,000	-	-	-	0.00%	17,149,706	Y	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Tianjin Engley Mold Manufacturing CO., Ltd	2	9,418,384	1,440,000	765,000	297,260	-	4.06%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Suzhou Engley Automobile Parts CO., Ltd	2	9,418,384	1,620,000	900,000	89,807	-	4.78%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Foshan Engley Automobile Parts CO., Ltd	2	9,418,384	1,215,000	765,000	185,625	-	4.06%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Qingdao Engley Automobile Parts CO., Ltd	2	9,418,384	1,305,000	720,000	304,264	-	3.82%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Linde Engley (Tianjin) Automobile Parts CO., Ltd	2	9,418,384	3,600,000	1,845,000	533,212	-	9.79%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Linde Engley (Changchun) Automobile Parts CO., Ltd	2	9,418,384	1,620,000	1,530,000	372,908	-	8.12%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Chengdu Engley Automobile Parts CO., Ltd	2	9,418,384	540,000	270,000	34,111	-	1.43%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Taizhou Maoqi Metal Co., Ltd.	2	9,418,384	225,000	225,000	-	-	1.19%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Ningbo Engley Automobile Industry CO., Ltd	2	9,418,384	540,000	225,000	19,509	-	1.19%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Shanghai Honghan Engley Auto Part Co., Ltd.	2	9,418,384	360,000	225,000	72,336	-	1.19%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Changchun Honghan Engley Aluminum Co., Ltd.	2	9,418,384	45,000	45,000	45,000	-	0.24%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Hefei Engley Automobile Industry Co., Ltd.	2	9,418,384	720,000	720,000	627,073	-	3.82%	28,255,151	S	S	Y	Note 2
1	Changchun Engley Automobile Industry CO., Ltd	Changchun Engley Automobile Parts CO., Ltd	2	9,418,384	450,000	450,000	-	-	2.39%	28,255,151	S	S	Y	Note 2

Note 1: The instructions in the numbered column are as follows:

Schedule II on Page 3

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries
Endorsement for Others
From January 1 to December 31, 2025

| Schedule II
Number
(Note 1) | Name of the Endorser | Subject of Endorsement | | Endorsement
Limit for a
Single
Enterprise | Current
Maximum
Endorsement
Balance | Ending
Endorsement
Balance | Actual
Dealing
Amount | Endorsement
Amount
Guaranteed by
Property | Ratio of the Cumulative
Endorsement Amount to
the Net Value of the
Most Recent Financial | Maximum Limit
of Endorsement | Parent Company
Who Endorses
Its
Subsidiaries | Subsidiaries
Who Endorse
Their Parent
Company | Who Endorses
Mainland
China | Note |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| | | Company Name | Relationship (Note 3) | | | | | | | | | | | |

(1) The issuer puts in 0.
(2) The investees shall be numbered in numerical order starting from Arabic numeral 1.

Note 2: (1) The total amount of the Company's endorsement for companies holding more than 50% of the voting rights directly or indirectly shall not exceed 50% of the net value of the Company's endorsement. The cumulative amount of endorsement shall not exceed 150% of the net value of the Company.

(2) The total amount of a subsidiary's endorsement for companies holding more than 50% of the voting rights directly or indirectly shall not exceed 50% of the net value of the endorsement. The cumulative amount of endorsement shall not exceed 150% of the net value.

In the case of a parent-subsidiary company, or of a company under 100% shareholding control of the same parent company, the limit shall be no more than five times the net value as endorsed by the subsidiary. The cumulative endorsement shall not exceed five times the net value of the subsidiary.

Note 3: The seven types of relationship between the endorser and the subject of endorsement are as follows:

A company with which it does business with,
A company in which more than 50% of the company's voting shares are held directly or indirectly.
A company in which more than 50% of the voting shares are held directly or indirectly.
A company that directly or indirectly hold more than 90 percent of the voting shares.
A company or cO-constructor that guarantees each other in accordance with the contract based on the needs of contracting projects.
A company that has been endorsed by all capital contribution shareholders in accordance with their shareholding ratio due to co-investment relationship.
Where companies in the same industry provide among themselves joint and several security for a performance guarantee of a sales contract for pre-construction homes pursuant to the Consumer Protection Act.

Schedule 11 on Page 4

CAVMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Marketable securities held at the ending (excluding the controls of investment subsidiaries, affiliated enterprises and joint ventures).

December 31, 2025

Schedule III

Unit: NT$ 1,000

(unless otherwise specified)

Holding Company	Type and Name of Marketable Securities (Note)	Relationship with the Marketable Securities Issuer	Accounting Subjects	Ending
				Shares	Carrying Amount	Shareholding Ratio	Fair Value	Note
Wiser Decision Holding Company Limited	Chi Rui (Cayman) Holding Limited	-	Financial Assets Measured at Fair Value Through Other Comprehensive Income - Non-Current	5,379,400	$ 107,939	12.17%	$ 71,224
			Valuation Adjustment	(	37,552)
			Number of Exchange Rate Effects		837
					$ 71,224

Note: The term "securities" as used in this schedule refers to the marketable securities derived from stocks, bonds, beneficiary certificates and the above items which fall within the scope of IFRS No. 9 "Financial Instruments".

Schedule III on Page 5

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

The amount of purchase and sale with related parties up to NT$ 100 million or more than
20%
of the paid-in capital.

From January 1 to December 31, 2025

Schedule IV

Unit: NT$ 1,000

(unless otherwise specified)

Transaction Status

Status and Reasons Why Trading Terms Are Different from

Bills and Accounts Receivable

(Payable)

Note

Purchase (Sale) Companies	Name of Transaction Object	Relationship	Purchase (Sale) of Goods	Amount	Ratio of Total Purchase (Sale)	Credit Period	Unit Price	Credit Period	Balance	Ratio of Bills and Accounts Receivable (Payable)	(Note 2)
Changchun Engley Automobile Industry CO., Ltd	Tsingtao Engley Auto Part Co., Ltd.	Same Ultimate Parent Comp	(Sale)	$ 121,940	0.01	Monthly Settlement 30-89 Days	Same	Same	$ 77,780	0.01	Note 4
Changchun Engley Automobile Industry CO., Ltd	Linde+Engley (Changchun) Auto Parts Co., Ltd.	Same Ultimate Parent Comp	(Sale)	$ 191,374	0.01	Monthly Settlement 30-90 Days	Same	Same	$ 42,318	0.01	Note 4
Changchun Engley Auto Parts Co., Ltd.	Changchun Engley Automobile Industry CO., Ltd	Same Ultimate Parent Comp	(Sale)	632,895	0.03	Monthly Settlement 30-90 Days	Same	Same	480,438	0.09	Note 4
Chengdu Engley Automobile Parts CO., Ltd	Suzhou Engley Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	157,803	0.01	Monthly Settlement 30-90 Days	Same	Same	14,396	0.00	Note 4
Tianjin Engley Mold Manufacturing CO., Ltd	Linde Engley (Tianjin) Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	408,884	0.02	Monthly Settlement 30-90 Days	Same	Same	81,066	0.02	Note 4
Changchun Lightweight Technology Co., Ltd.	Changchun Engley Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	463,253	0.02	Monthly Settlement 30-90 Days	Same	Same	265,922	0.05	Note 4
Tsingtao Engley Auto Part Co., Ltd.	Foshan Engley Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	163,070	0.01	Monthly Settlement 30-90 Days	Same	Same	125,609	0.02	Note 4
Changchun CEC& Auto Parts Co., Ltd.	Foshan Engley Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	459,750	0.02	Monthly Settlement 30-90 Days	Same	Same	-	-	Note 4
Changchun CEC& Auto Parts Co., Ltd.	Changchun Engley Automobile Industry CO., Ltd	Same Ultimate Parent Comp	(Sale)	117,726	0.01	Monthly Settlement 30-90 Days	Same	Same	55,774	0.01	Note 4
Yizheng Engley Auto Part Co., Ltd.	Suzhou Engley Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	106,386	0.01	Monthly Settlement 30-90 Days	Same	Same	83,192	0.02	Note 4
Ningbo Engley Automobile Industry Co., Ltd	Suzhou Engley Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	285,562	0.02	Monthly Settlement 30-90 Days	Same	Same	159,823	0.03	Note 4
Changsha Engley Automobile Parts CO., Ltd	Foshan Engley Automobile Parts CO., Ltd	Same Ultimate Parent Comp	(Sale)	147,328	0.01	Monthly Settlement 30-90 Days	Same	Same	43,992	0.01	Note 4
Changchun Ronghan Engley Aluminum Co., Ltd.	Changchun Engley Automobile Industry CO., Ltd	Same Ultimate Parent Comp	(Sale)	272,592	0.01	Monthly Settlement 30-90 Days	Same	Same	32,831	0.01	Note 4

Note 1: If the transaction conditions of the related party are different from the general transaction conditions, the status and reasons of the differences shall be stated in the columns of unit price and credit period.
Note 2: If there is a case of advance receipt (payment), the reasons, terms of the contract, amount and differences from the general transaction type should be stated in the notes column.
Note: 3 Paid-in capital means the paid-in capital of the parent company. Where there is no face value of the issuer's shares or the face value of each share is not NT$ 10, the transaction amount of 20% of the paid-in capital shall be calculated as 10% of the equity of balance sheet vested in the owner of the parent company.
Note 4: Written off in consolidated statement.

Schedule IV on Page 6

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Receivables from affiliates of NT$ 100 million or more than
20%
of the paid-in capital.

December 31, 2025

Schedule V

Unit: NT$ 1,000

(unless otherwise specified)

Overdue Receivables from Related

Companies That Account for Receivables	Name of Transaction Object	Relationship	Balance of Receivables from Related Parties	Turnover Rate	Amount	Handling Method	Amount to Be Collected After the Period of Receivables From Related Parties (Note 1)	Itemized Allowance Amount for Bad Debts	Note
Changchun Engley Automobile Parts CO., Ltd	Changchun Engley Automobile Industry CO., Ltd	Same Ultimate Parent Company	$ 480,438	1.05	$ -	-	$ 93,093	$ -	Note 3
Changchun Engley Automobile Parts CO., Ltd	Tsingtao Engley Auto Part Co., Ltd.	Same Ultimate Parent Company	216,000	Note 4	-	-	-	-	Note 3
Changchun Engley Automobile Parts CO., Ltd	Changchun CECK Auto. Parts Co., Ltd.	Same Ultimate Parent Company	202,500	Note 4	-	-	-	-	Note 3
Changchun Engley Automobile Parts CO., Ltd	Shanghai Honghan Engley Auto Part Co., Ltd.	Same Ultimate Parent Company	108,000	Note 4	-	-	22,500	-	Note 3
Changchun Engley Automobile Parts CO., Ltd	Changchun Honghan Engley Aluminum Co., Ltd.	Same Ultimate Parent Company	180,000	Note 4	-	-	-	-	Note 3
Changchun Lightweight Technology Co., Ltd.	Changchun Engley Automobile Parts CO., Ltd	Same Ultimate Parent Company	265,922	1.66	-	-	74,047	-	Note 3
Changchun Engley Automobile Industry CO., Ltd	Changsha Engley Auto Part Co., Ltd.	Same Ultimate Parent Company	441,000	Note 4	-	-	202,500	-	Note 3
Changchun Engley Automobile Industry CO., Ltd	Hefei Engley Auto Parts Co., Ltd.	Same Ultimate Parent Company	157,500	Note 4	-	-	-	-	Note 3
Changchun Engley Automobile Industry CO., Ltd	Changchun CECK Auto. Parts Co., Ltd.	Same Ultimate Parent Company	279,000	Note 4	-	-	81,000	-	Note 3
Changchun Engley Automobile Industry CO., Ltd	Hefei Engley Auto Parts Co., Ltd.	Same Ultimate Parent Company	202,500	Note 4	-	-	-	-	Note 3
Ningbo Engley Automobile Industry Co., Ltd	Suzhou Engley Auto Part Co., Ltd.	Same Ultimate Parent Company	159,823	2.41	-	-	69,566	-	Note 3
Chengdu Engley Auto part Co., Ltd.	Tsingtao Engley Auto Part Co., Ltd.	Same Ultimate Parent Company	180,000	Note 4	-	-	36,853	-	Note 3
Chengdu Engley Auto part Co., Ltd.	Ningbo Engley Automobile Industry Co., Ltd	Same Ultimate Parent Company	180,000	Note 4	-	-	29,141	-	Note 3
Tsingtao Engley Auto Part Co., Ltd.	Foshan Engley Automobile Parts CO., Ltd	Same Ultimate Parent Company	125,609	2.60	-	-	-	-	Note 3

Note 1: As of March 10, 2026, the amount of receivables received after the period of receivables from related parties.
Note 2: Paid-in capital means the paid-in capital of the parent company. Where there is no face value of the issuer's shares or the face value of each share is not NT$ 10, the transaction amount of 20% of the paid-in capital shall be calculated as 10% of the equity of balance sheet vested in the owner of the parent company.
Note 3: Written off in consolidated statement.
Note 4: Since the amount is composed of other receivables, the turnover rate is not intended to be calculated.

Schedule V on Page7

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Business relationship and important transactions between parent and subsidiary companies and between subsidiaries and their amounts.

From January 1 to December 31, 2025

Schedule VI

Unit: NT$ 1,000

(unless otherwise specified)

Transacting Status
Number							Ratio to Consolidated Total Revenue or Total Assets
(Note 1)	Transactor Name	Transacting Objects	ion with Transactor (Nc	Account	Amount	Transacting Condition	(Note 3)
1	Changchun Engley Automobile Industry CO..Ltd	Linde Engley (Changchun) Automobile Parts CO..Ltd	1	Sale	$ 191,374	Handled like general customers. collect navment 30-90 davs after monthly	1.00%
1	Changchun Engley Automobile Industry CO..Ltd	Changsha Engley Automobile Parts CO..Ltd	1	Other Receivables	441,000	-	1.23%
1	Changchun Engley Automobile Industry CO..Ltd	Hefei Engley Auto Parts Co., Ltd.	1	Other Receivables	157,500	-	0.44%
1	Changchun Engley Automobile Industry CO..Ltd	Changchun CECK Auto Parts Co., Ltd.	1	Other Receivables	279,000	-	0.78%
1	Changchun Engley Automobile Industry CO..Ltd	Hefei Engley Automobile Industry Co., Ltd.	1	Other Receivables	202,500	-	0.56%
1	Changchun Engley Automobile Industry CO..Ltd	Changchun Honghan Engley Aluminum Co., Ltd.	1	Other Receivables	90,000	-	0.25%
1	Changchun Engley Automobile Industry CO..Ltd	Tianjin Engley Mold Manufacturing CO..Ltd	1	Sale	57,473	Handled like general customers. collect navment 30-90 davs after monthly	0.30%
1	Changchun Engley Automobile Industry CO..Ltd	Foshan Engley Automobile Parts CO..Ltd	1	Sale	54,695	Handled like general customers. collect navment 30-90 davs after monthly	0.29%
1	Changchun Engley Automobile Industry CO..Ltd	Tsingtao Engley Auto Part Co., Ltd.	1	Sale	121,940	Handled like general customers. collect navment 30-90 davs after monthly	0.64%
1	Changchun Engley Automobile Industry CO..Ltd	Tsingtao Engley Auto Part Co., Ltd.	1	Accounts Receivable	77,780	-	0.22%
2	Changchun Engley Automobile Parts CO..Ltd	Tsingtao Engley Auto Part Co., Ltd.	3	Other Receivables	216,000	-	0.60%
2	Changchun Engley Automobile Parts CO..Ltd	Changchun CECK Auto Parts Co., Ltd.	3	Other Receivables	202,500	-	0.56%
2	Changchun Engley Automobile Parts CO..Ltd	Shanghai Honghan Engley Auto Part Co., Ltd.	3	Other Receivables	108,000	-	0.30%
2	Changchun Engley Automobile Parts CO..Ltd	Changchun Honghan Engley Aluminum Co., Ltd.	3	Other Receivables	180,000	-	0.50%
2	Changchun Engley Automobile Parts CO..Ltd	Hefei Engley Automobile Industry Co., Ltd.	2	Other Receivables	58,500	-	0.16%
2	Changchun Engley Automobile Parts CO..Ltd	Changchun Engley Automobile Industry CO..Ltd	2	Sale	632,895	Handled like general customers. collect navment 30-90 davs after monthly	3.32%
2	Changchun Engley Automobile Parts CO..Ltd	Changchun Engley Automobile Industry CO..Ltd	2	Accounts Receivable	480,438	Handled like general customers. collect navment 30-90 davs after monthly	1.34%
3	Chengdu Engley Automobile Parts CO..Ltd	Suzhou Engley Automobile Parts CO..Ltd	3	Sale	157,803	Handled like general customers. collect navment 30-90 davs after monthly	0.83%
3	Chengdu Engley Automobile Parts CO..Ltd	Changchun CECK Auto Parts Co., Ltd.	3	Other Receivables	90,000	-	0.25%
3	Chengdu Engley Automobile Parts CO..Ltd	Ningbo Engley Automobile Industry Co..Ltd	3	Other Receivables	180,000	-	0.50%
3	Chengdu Engley Automobile Parts CO..Ltd	Tsingtao Engley Auto Part Co., Ltd.	3	Other Receivables	180,000		0.50%

Schedule VI on Page8

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Business relationship and important transactions between parent and subsidiary companies and between subsidiaries and their amounts.

From January 1 to December 31, 2025

Unit: NT$ 1,000

(unless otherwise specified)

Schedule VI

Transacting Status

(Note 1)	Transactor Name	Transacting Objects	ion with Transactor	(Nc	Account	Amount	Transacting Condition
4	Yizheng Engley Automobile Parts CO., Ltd	Suzhou Engley Automobile Parts CO., Ltd	3	Accounts Receivable	83,192	Handled like general customers, collect navment 30-90 days after monthly	0.23%
4	Yizheng Engley Automobile Parts CO., Ltd	Suzhou Engley Automobile Parts CO., Ltd	3	Sale	106,359	Handled like general customers, collect navment 30-90 days after monthly	0.56%
5	Changchun Lightweight Technology Co., Ltd.	Changchun Engley Automobile Parts CO., Ltd	3	Accounts Receivable	265,922	Handled like general customers, collect navment 30-90 days after monthly	0.74%
5	Changchun Lightweight Technology Co., Ltd.	Changchun Engley Automobile Parts CO., Ltd	3	Sale	463,253	Handled like general customers, collect navment 30-90 days after monthly	2.43%
6	Tianjin Engley Mold Manufacturing Co., Ltd	Linde Engley (Tianjin) Automobile Parts CO., Ltd	3	Accounts Receivable	81,066	Handled like general customers, collect navment 30-90 days after monthly	0.23%
6	Tianjin Engley Mold Manufacturing Co., Ltd	Linde Engley (Tianjin) Automobile Parts CO., Ltd	3	Sale	408,884	Handled like general customers, collect navment 30-90 days after monthly	2.14%
7	Suzhou Engley Automobile Parts Co., Ltd	Foshan Engley Automobile Parts Co., Ltd	3	Sale	57,768	Handled like general customers, collect navment 30-90 days after monthly	0.30%
8	Tsingtao Engley Auto Part Co., Ltd.	Foshan Engley Automobile Parts Co., Ltd	3	Sale	163,070	Handled like general customers, collect navment 30-90 days after monthly	0.85%
8	Tsingtao Engley Auto Part Co., Ltd.	Foshan Engley Automobile Parts Co., Ltd	3	Accounts Receivable	125,609	Handled like general customers, collect navment 30-90 days after monthly	0.35%
8	Ningbo Engley Automobile Industry Co., Ltd	Suzhou Engley Automobile Parts Co., Ltd	3	Sale	285,562	Handled like general customers, collect navment 30-90 days after monthly	1.50%
8	Ningbo Engley Automobile Industry Co., Ltd	Suzhou Engley Automobile Parts Co., Ltd	3	Accounts Receivable	159,823	Handled like general customers, collect navment 30-90 days after monthly	0.45%
8	Changchun CECK Auto Parts Co., Ltd.	Foshan Engley Automobile Parts Co., Ltd	3	Sale	459,750	Handled like general customers, collect navment 30-90 days after monthly	2.41%
8	Changchun CECK Auto Parts Co., Ltd.	Changchun Engley Automobile Industry Co., Ltd	3	Accounts Receivable	117,726	Handled like general customers, collect navment 30-90 days after monthly	0.62%
8	Changchun CECK Auto Parts Co., Ltd.	Changchun Engley Automobile Industry Co., Ltd	3	Sale	55,774	Handled like general customers, collect navment 30-90 days after monthly	0.16%
9	Changsha Engley Automobile Parts Co., Ltd	Foshan Engley Automobile Parts Co., Ltd	3	Sale	147,328	Handled like general customers, collect navment 30-90 days after monthly	0.77%
10	Changchun Bonghan Engley Aluminum Co., Ltd.	Changchun Engley Automobile Industry Co., Ltd	2	Accounts Receivable	272,592	Handled like general customers, collect navment 30-90 days after monthly	1.43%
10	Hefei Engley Auto Parts Co., Ltd	Hefei Engley Automobile Industry Co., Ltd.	3	Sale	70,628	Handled like general customers, collect navment 30-90 days after monthly	0.20%
11	Hefei Engley Automobile Industry Co., Ltd.	Suzhou Engley Automobile Parts Co., Ltd	3	Sale	77,633	Handled like general customers, collect navment 30-90 days after monthly	0.41%

Note 1: Information about the business transactions between the parent company and the subsidiary company shall be indicated in the number column respectively. The number shall be entered as follows:
(1). Enter 0 for parent company.
(2). The subsidiaries shall be numbered in numerical order starting from the Arabic numeral 1.

Schedule VI on Page9

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Business relationship and important transactions between parent and subsidiary companies and between subsidiaries and their amounts.

From January 1 to December 31, 2025

Schedule VI

Unit: NT$ 1,000

(unless otherwise specified)

Transacting Status

Number	Transactor Name	Transacting Objects	ion with Transactor	(Nc Account	Amount	Transacting Condition	(Note 3)
Note 1:

Note 2: There are three types of relationships with a trader, just mark the category. (if it is the same transaction between the parent company and the subsidiaries or between the subsidiaries, there is no need to repeat the disclosure. For example, if the parent company has disclosed the transaction between the subsidiary company and the parent company, the subsidiary part does not need to be disclosed. A transaction between a subsidiary and its subsidiaries, if one has been disclosed, is no longer required for another):

(1). Parent company vs subsidiary company.
(2). Subsidiary company vs parent company.
(3). Subsidiary company vs subsidiary company

Note 3: The ratio of the transaction amount to the consolidated total revenue or total assets, if it is an item of assets and liabilities, shall be calculated by the ratio of the ending balance to the consolidated total assets. In the case of profit and loss items, the cumulative amount shall be calculated as a proportion of the consolidated total revenue.

Note 4: Whose transaction amount is NT$ 50 million or more.

Schedule VI on Page10

CAHMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Name of investee, location and other relevant information (excluding mainland Chinese investees).

December 31, 2025

Unit: NT$ 1,800

(unless otherwise specified)

Name of Investment Company	Name of Investees	Location	Main Business Items	Original Investment Amount		Held at the End of the Period			Investee's Current Profit and Loss	Recognized Current Investment Profit and Loss	Note
				End of Current Period	End of Last Year	Shares	Ration	Carrying Amount
CAHMAN ENGLEY INDUSTRIAL CO., LTD.	Engley Automobile Industry CO., Ltd	Taiwan	Sales of various auto parts	$ 33,000	$ 33,000	600,000	100.00%	$ 7,820 ($	17,010) ($	17,010)
CAHMAN ENGLEY INDUSTRIAL CO., LTD.	Engley Holding (Samoa) Limited	Samoa	General Investment	331,783	306,967	-	80.00%	358,340 (	55,861) (	44,689)	2
CAHMAN ENGLEY INDUSTRIAL CO., LTD.	Engley Precision Industry B.V	Netherlands	General Investment	764,018	761,108	-	30.50%	286,508 (	77,873) (	30,760)	2
Changchun Engley Automobile Industry Co. Ltd	Wiser Decision Holding Company Limited	Samoa	General Investment	110,005	114,765	-	100.00%	148,552	6,014	-	1&3
Changchun Engley Automobile Industries Co. Ltd	Changchun Engley Automotive R&D GmbH	Germany	R&D auto parts	26,753	17,924	-	100.00%	4,430 (	19,686)	-	1&2
Engley Holding (Samoa) Limited	Engley Precision Industry B.V	Netherlands	General Investment	368,929	341,335	-	60.50%	438,828 (	77,873)	-	1&2
Engley Precision Industry B.V	Krumendonk Beheermaatschappij B.V.	Netherlands	Robot Software, Hardware	610,650	564,975	-	100.00%	712,956 (	75,022)	-	1&2

Note 1: This relates to a sub-subsidiary and its investee company, and the investment income or loss has not been recognized.
Note 2: The original investment amount has been converted according to the exchange rate of NT$ to Euro 36,90:1 on December 31, 2025.
Note 3: The original investment amount has been converted according to the exchange rate of NT$ to US$ 31.43:1 on December 31, 2025.

Schedule VII on Page 11

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Mainland China Investment Information - Basic

From January 1 to December 31, 2025

Unit: NT$ 1,000

(unless otherwise specified)

Schedule VIII

Name of Investees in Mainland China	Main Business Items	Paid-Up Capital	Investment Method (Note 1)	Remit the Accumulated Investment Amount from Taiwan at the Beginning of Current Period	Remit or Recover the Investment Amount During Current Period		Remit the Accumulated Investment Amount from Taiwan at the End of Current Period	Investee's Current Profit and Loss	Shareholding Ratio of the Company's Direct or Indirect Investments	Investment Profit and Loss Recognized in Current Period	Carrying Amount of Ending Investment	Repatriated at	Note
					Remitted	Recovered
Changchun Engley Automobile Industry CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	$ 7,124,409	2	$ -	$ -	$ -	$ -	($ 494,810)	78.90	($ 429,526)	$ 14,862,209	$ -	Note6
Changchun Engley Automobile Parts CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	612,218	2	-	-	-	-	( 82,257)	100.00	( 82,257)	2,626,713	-	Note6
Suzhou Engley Automobile Parts CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	447,462	2	-	-	-	-	( 77,762)	100.00	( 77,762)	1,028,409	-	Note6
Chengdu Engley Automobile Parts CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	149,722	2	-	-	-	-	150,020	100.00	150,020	1,898,111	-	Note6
Yizheng Engley Auto Parts Manufacturing CO LTD	Production of Auto Parts, Stamping Products, Hot Pressing Products	224,000	2	-	-	-	-	( 8,243)	100.00	( 8,243)	312,904	-	Note2·7
Foshan Engley Automobile Parts CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	1,187,200	2	-	-	-	-	( 241,784)	100.00	( 241,784)	1,202,983	-	Note3·Note6
Tianjin Engley Mold Manufacturing CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	1,129,542	2	-	-	-	-	149,516	100.00	149,516	1,459,682	-	Note4·Note6
Changchun Lightweight Technology Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	244,518	2	-	-	-	-	122,935	100.00	122,935	528,644	-	Note7
Changsha Engley Automobile Parts CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	340,480	2	-	-	-	-	( 4,886)	100.00	( 4,886)	( 59,007)	-	Note7
Tsingtao Engley Auto Part Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	1,101,005	2	-	-	-	-	19,165	100.00	19,165	542,274	-	Note6

Schedule VIII on Page 12

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Mainland China Investment Information - Basic

From January 1 to December 31, 2025

Unit: NT$ 1,000

(unless otherwise specified)

Schedule VIII

Name of Investees in Mainland China	Main Business Items	Paid-Up Capital	Investment Method (Note 1)	Remit the Accumulated Investment Amount from Taiwan at the Beginning of Current Period	Remit or Recover the Investment Amount During Current Period		Remit the Accumulated Investment Amount from Taiwan at the End of Current Period	Investee's Current Profit and Loss	Shareholding Ratio of the Company's Direct or Indirect Investments	Investment Profit and Loss Recognized in Current Period	Carrying Amount of Ending Investment	Repatriated at	Note
					Remitted	Recovered
Ningbo Engley Automobile Industry CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	268,800	2	-	-	-	-	-	-	-	-	-	-
	Production of Auto Parts, Stamping Products, Hot Pressing Products	67,200	2	-	-	-	-	-	13	100.00	13	483,916	-
	Hefei Engley Auto Parts Co., Ltd.	67,200	2	-	-	-	-	-	-	-	-	-	-
Shanghai Honghan Engley Auto Part Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	990,080	2	-	-	-	-	(	50,691)	100.00	(	50,691)	(
	Production of Auto Parts, Stamping Products, Hot Pressing Products	956,769	2	-	-	-	-	-	-	-	-	-	-
	Changchun CECK Auto Parts Co., Ltd.	416,640	2	-	-	-	-	(	132,028)	100.00	(	132,028)	838,898
Hefei Engley Automobile Industry Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	416,640	2	-	-	-	-	-	-	-	-	-	-
	Integration, manufacturing, and sale of energy storage systems	416,640	2	-	-	-	-	-	-	-	-	-	-
	Yizheng Honghan Engley Technology Co., Ltd.	91,565	2	-	-	-	-	-	-	-	-	-	-
Wuhan Honghan Engley Automobile Industry Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	161,280	2	-	-	-	-	-	-	-	-	-	-
	Linde Engley (Changchun) Automobile Parts CO., Ltd	587,288	2	-	-	-	-	-	-	-	-	-	-
Ningbo Maoxiang Metal Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	587,288	2	-	-	-	-	-	-	-	-	-	-

Schedule VIII on Page 13

CAYMAN ENGLEY INDUSTRIAL CO., LTD. and Its Subsidiaries

Mainland China Investment Information - Basic

From January 1 to December 31, 2025

Unit: NT$ 1,000

(unless otherwise specified)

Schedule VIII

Name of Investees in Mainland China	Main Business Items	Paid-Up Capital	Investment Method (Note 1)	Remit the Accumulated Investment Amount from Taiwan at the Beginning of Current Period	Remit or Recover the Investment Amount During Current Period		Remit the Accumulated Investment Amount from Taiwan at the End of Current Period	Investee's Current Profit and Loss	Shareholding Ratio of the Company's Direct or Indirect Investments	Investment Profit and Loss Recognized in Current Period	Carrying Amount of Ending Investment	Repatriated at	Note
					Remitted	Recovered
Taizhou Maoji Metal Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	627,200	2	-	-	-	-	(	80,891)	51.00	( 41,254)	332,982	-
	Production of Auto Parts, Stamping Products, Hot Pressing Products	89,600	2	-	-	-	-	(	5,310)	23.00	( 1,221)	16,443	-
Jilin Jinli Auto. Parts Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	133,881	2	-	-	-	-	27,741	20.00	5,548	99,939	-	Note6
Chengdu Youley Automobile Parts CO., Ltd	Production of Auto Parts, Stamping Products, Hot Pressing Products	165,926	2	-	-	-	-	(	50,738)	46.00	( 25,155)	213,210	-
Constellium Engley (Changchun) Automotive Structures Co., Ltd.	Production of Auto Parts, Stamping Products, Hot Pressing Products	172,609	2	-	-	-	-	(	279,670)	20.00	( 55,934)	247,206	-
Zhejiang Sanse Would Plastic Technology Co. Ltd	Production of Automotive Interior and Exterior Decoration Products

Note 1: Investment methods can be divided into the following three categories, simply mark the category:
(1). Directly invest in the mainland China. (2). Reinvest in mainland China through a third region company (please specify the investment company in that third region). (3). Other ways.
Note 2: Changchun Engley Automobile Industry CO., Ltd. and Suzhou Engley Automobile Parts CO., Ltd directly and indirectly own 90% and 10% equity of Yizheng Engley Auto Parts Manufacturing CO LTD.
Note 3: Changchun Engley Automobile Industry CO., Ltd. and Suzhou Engley Automobile Parts CO., Ltd directly and indirectly own 98.6% and 1.4% equity of Foshan Engley Automobile Parts CO., Ltd.
Note 4: Changchun Engley Automobile Industry CO., Ltd. and Suzhou Engley Automobile Parts CO., Ltd directly and indirectly own 99.5% and 0.5% equity of Tianjin Engley Mold Manufacturing CO., Ltd.
Note 5: The paid-up capital has been converted in accordance with the exchange rate of NT$ to RMB at 4.50:1 as at December 31, 2025.
Note 6: The recognition basis for recognition of the current recognized investment profit/loss is the financial statements audited by the parent company's certified public accountants.
Note 7: The basis for the recognition in the investment profit and loss column of the current period is the financial statements audited by the international accounting firm with which the accounting firm of the Republic of China has a cooperative relationship.

Note 8: Our company is an overseas company and is not subject to the restrictions of the "Review Principles for Investment or Technical Cooperation in Mainland China".

Schedule VIII on Page 14

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Cayman Engley — Audit Report / Information 2026

51989_rns_2026-05-13_592930e6-5ef7-4e33-854d-727b32767d7c.pdf

Audit Opinion

Basis of Audit Opinion

Key Audit Matters

Deadline of the Recognition of the Sales Revenue

Description

Audit procedures in response

Evaluation of Allowance for Inventory Valuation Losses

Description

Audit procedures in response

Responsibilities of the Management Team and Those in Charge with Governance for the Consolidated Financial Statements

Auditors' Responsibilities for the Audit of the Consolidated Financial Statements

2. Translation of foreign operations

(5) Classification criteria for distinguishing between current and non-current assets and liabilities

(4) Inventories

Associate corporation

(10) Lease transaction-lessee

(11) Intangible assets

(12) Other non-current assets

(13) Short-term loans

(14) Other payables

(17) Pension

(18) Share capital

2. Contract liabilities

2. Financing activities with no cash flow effects:

(32) Changes in liabilities from financing activities

7. Related party transactions

(1) Ultimate controller

(2) Name and relationship of related parties

6. Accounts payables

7. Others payables

8. Prepayment

9. Property transaction

10. Operating expense

11. Lease transaction-lessee

8. Pledged assets

9. Significant contingent liabilities and unrecognized contractual commitments

10. Major disaster losses

11. Important post term matters

12. Others

(1) Capital management

(2) Financial instruments

1. Types of financial instruments

2. Risk management policy

3. The nature and extent of significant financial risks

(1) Market risk

Currency risk

(Currency:functional currency)

Financial asset

Price risk

Cash flow and fair value interest rate risk

(2) Credit risk

(3) Liquidity risk

(3) Fair value information

13. Notes for disclosure

(1) Information regarding major transactions

Transacting Status

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Cayman Engley Audit Report / Information 2026