CHEER TIME — Interim / Quarterly Report 2017

Nov 22, 2017

晟鈦股份有限公司(3229) CHEER TIME ENTERPRISE CO.,LTD. www.cheer-time.com

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晟鈦股份有限公司 CHEER TIME ENTERPRISE CO.,LTD.

1987 1999 2004 2006 2009 2013 CHEER TIME ENTERPRISE Established Was publicly Established Was formally Raised capital Kuei-Shan traded in Zhejiang CHEER traded publicly through private CO.,LTD. was established Second Taiwan's OTC TIME from OTC fund and in 1987, starting from Factory market (Third Factory) market to stock employee stock the PCB business. At that exchange option at the market same year, and time, the main business the paid in was single sided PCB capital was NTD production. 93,515,900

www.cheer-time.com

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Capacity 200 thousand sq. feet

Company Profile

Company Profile Established in 1987 listed Company in Taiwan Main Product: Double sided/ MultiLayer/ HDI samples/ Small-volume and large-variety production/ Mass production with fast delivery

Location Hsin Chuang Headquarter, Guei Shan Plant

Employee Around 330

Capital USD 30million

www.cheer-time.com

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Market Overview

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40%
29% 26%
3%
2%
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Local 29%
Export 71%
(America) 40%
(Asia) 26%
(Europe) 3%
(Australia) 2 %
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www.cheer-time.com

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rt CHEER TIME ENTERPRISE Organization Cha

Board of Directors ~~I~~ nspection and Audit Office Chairman Managing Director

PCB Business Unit ~~P~~ roduction Department Engineering Research Department

~~Q~~ uality Control Department

~~S~~ ales Department

Video Business Unit

Sales Department Research & Development Department

Administrative Unit

~~In~~ formation Department Finance and Accounting Department ~~M~~ anagement Department ~~St~~ rategic Planning Division

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Financial Results

	3Q 2017	3Q 2016
Net Revenue	123,064	102,102
Gross Profit	17,483	14,401
Operating Expense	24,958	30,868
Operating Income	(7,475)	(16,467)
Non-operating Income	2,963	(109,665)
Net Income	(4,512)	(61,021)
EPS (NT dollar)	-0.05	-0.65

Unit: NTD thousand

www.cheer-time.com

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Financial Results

2017 1-3Q 2016 1-3Q Net Revenue 368,928 391,231 Gross Profit 56,132 59,350 Operating Expense 74,026 92,785 Operating Income (17,894) (33,435) Non-operating Income 14,972 (166,960) Net Income (2,041) (129,427) EPS (NT dollar) -0.02 -1.38

Unit: NTD thousand

www.cheer-time.com

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Future Prospect

Cheer Time will continually pay attention to the industry development trend and outlook the global PCB market. We combine with supply chains in different aspects, avoid the red ocean market, improve our product's added value, expand product's application market, develop economic expansion strategy, and improve the relationship management with our clients.

In the aspect of expanding new businesses currently, we have already entered the Intelligent Video solution business. We are now selling leisure wears, proactively planning other businesses, and we wish to bring growth to the company in various aspects.

We focused on the PCB business in the past. However, Because the original core PCB business is facing the bottleneck recently, the management team is trying proactively to get into other businesses to bring growth to the company and create more value for our shareholders.

www.cheer-time.com

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Future Prospect

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Target Clients : Banking、Public sector 、gambling industry、large manufacturing industry、stream media、communication industry、 medical industry、surveillance industry...etc.

www.cheer-time.com

晟鈦股份有限公司 CHEER TIME ENTERPRISE CO.,LTD. www.cheer-time.com

Taipei Office 台北市大安區信義路4段306號13樓之二 13F-2 No. 306, Sec. 4, Xin Yi Rd., Da-an Dist. Taipei City 106 Taiwan

Hsin Chung Plant 新北市新莊區瓊林南路311號 No. 311, Chyong LinS. Rd., Hsin Chuang Dist. New Taipei City, Taiwan

Kuei-Shan Plant 桃園市龜山鄉茶專路8號 No. 8, Cha Juan Rd., Gueishan Shiang, Taoyuan City, Taiwan

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TEL : 886-2-2701-7019 FAX: 886-2-2701-6265