CPDC — Investor Presentation 2021

Sep 3, 2021

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Investor Conference

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． ． ． ． Respect Innovation Care Excellence Green Business

2021

Disclaimer

• This presentation is for informational purposes only, contains preliminary financial and other information about China Petrochemical Development Corporation and is subject to updating, revision, amendment and completion. This presentation does not and is not intended to constitute or contain offer of securities for sale or a solicitation of an offer to any

• purchase any securities of China Petrochemical Development Corporation or any other and neither this nor contained herein shall form the basis of

• company presentation anything any contract or commitment.

• Certain statements contained in this presentation may be statements of future expectations and other forward-looking statements or trend information that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those in the forward-looking statements in this presentation. In addition to statements which are forwardlooking by reason of context, including without limitation, statements referring to risk limitations, operational profitability, financial strength, performance targets, profitable growth opportunities, and risk adequate pricing, the words “may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, or continue”, “potential, future, or further”, and similar expressions are intended to identify forward-looking statements. China Petrochemical no to or revise such statements or Development Corporation assumes obligation update any other information contained herein to reflect events or circumstances that arise any may after the date of this presentation.

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2

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I. Company Profile

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II. Industry and Market conditions III. Operating Performance IV. Major Investment Status

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V. ESG Performance

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VI. Future Prospects

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Company Profile

． ． ． ． Respect Innovation Care Excellence Green Business

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Effective integration of the Petrochemical Industry Expand new business in Land Development

CPDC (1314 TT) Pioneer of Taiwan's petrochemical/plastic industryExpand overseas markets to create new engines for growth

• CPDC was established in 1969 as a state-owned enterprise under the supervision of the Ministry of Economic Affairs.

• In 1991, CPDC was listed on the Taiwan Stock Exchange.

• In 1994 the company was privatized.

Business Model

• Paid-in capital: NT$ 3328 Billion

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• Establishing integrated production base

The sole manufacturer of CPL in Taiwan

• Revitalizing land assets and accumulate development portfolio

CPDC is one of only two manufacturer of AN in Taiwan Among the top 12 AN manufacturers in the world

• Develop downstream high value products and materials

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Among the top 4 suppliers of nylon-6 raw materials in the world

Among the top 3 OPP manufacturers in the world

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5

Recent Milestones

2020

• 2020/09 Participated in the common stocks capital raising of NT$300 million of cash and acquired the land, plant, and equipment of the Douliu Polymer Plant of Chain Yarn Co., Ltd.

• 2020/11 Qiaotou Plant officially came on stream

• 2020/11 Received the Top 50 Sustainable Enterprise Award and the Gold Award for Corporate Sustainability Report in the TCSA

• 2020/11 Hsiaokang Plant obtained "ISO Water Footprint Certification" for CPL product and organization level

2021

• 2021/02 Selected as an S&P Global Sustainability 2021 Yearbook Member and awarded Industry Mover, the only chemical company in Taiwan to receive this honor

• 2021/02 The Miaoli fine chemical plant broke ground that led the transformation into specialty chemical field

• 2021/07 The 22nd Directors Election nominated a female director and was supported by shareholders at AGM. Improve corporate governance and promote gender diversity of board members.

• 2020/12 Awarded management grade (B-) in CDP

• 2021/08 The successful sale of Kaohsiung Jingmao section land lot by public tender marks an important milestone and our first move in in asset revitalization

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6

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Industry and Market conditions

． ． ． ． Respect Innovation Care Excellence Green Business

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Effective integration of the Petrochemical Industry Expand new business in Land Development

Main Products Market conditions - CPL & PA6

2021H1 ：

USD/MT CPL Asia PA6 Asia

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2500
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CPL price dived as downstream textile
demand frozen due to Covid-19 outbreak
2019-01 02 03 04 05 06 07 08 09 10 11 12 2020-01 02 03 04 05 06 07 08 09 10 11 12 2021-01 02 03 04 05 06
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2000

1500

1000

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500
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0

• Increased coverage of vaccines in Europe and the United States lifted lockdowns

• Industrial demand recovery, rising oil prices, and overhauls at various plants, driving price increases

2021H2 ：

• Delta variant Covid-19 slowed down textile demand

• Cautiously looks forward to the peak season at Q4

2022 ：

• CPL: New production capacity in mainland China is put into production, if demand not followed, overcapacity expected

• PA6: Global oversupply is the norm, entering the competition of integration + differentiation

Source: CCF Tecnon PCI

8

Main Products Market conditions - AN

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USD/MT
AN_Asia CFR
3500
3000
2500 2020:
Falling price due to
2000 pandemic outbreak, oil
price shocks, and the
1500 commissioning of new
production capacity
1000
500
0
2019-01 02 03 04 05 06 07 08 09 10 11 12 2020-01 02 03 04 05 06 07 08 09 10 11 12 2021-01 02 03 04 05 06
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2021H1 ：

• The U.S. winter storm caused tight supply

• Strong downstream demand for lifted lockdown

2021H2 ：

• The mainland is concentrated on production

• Downstream demand slows down, prices slowly falling (Note)

2022 ：

• New production from the Mainland continues

• Market will fluctuate and consolidate despite downstream demand (Note)

Note: Future prospects do not take into account climate change factors

Source: IHS

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Trends on major feedstock prices

2021H1:

Higher feedstock prices impacted costs/gross margin due to:

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USD/MT
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
Phenol


Propylene
turnarounds
Benzene 
2021H2 & forward:
800


NH3
600
relieved
 Phenol:
400 
200
2019-01 2019-02 2019-03 2019-04 2019-05 2019-06 2019-07 2019-08 2019-09 2019-10 2019-11 2019-12 2020-01 2020-02 2020-03 2020-04 2020-05 2020-06 2020-07 2020-08 2020-09 2020-10 2020-11 2020-12 2021-01 2021-02 2021-03 2021-04 2021-05 2021-06
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• NH3: pandemic, scheduled turnarounds in SE Asia & Middle East

• Benzene: Rising oil prices and Suez Canal blockage

1200 1000

• Phenol: US winter storm and scheduled turnarounds

• Propylene: supply smooth

• NH3: supply resumes normal after September turnarounds

• Benzene: prices expected to fall back once the container ship traffic jam relieved

• Phenol: price expected remain high in Q4 from strong demand

• NH3 & Phenol prices are expected resume normal trend after new production on stream

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Note: Future prospects do not take into account climate change factors

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2021 H1 Operating Performance

． ． ． ． Respect Innovation Care Excellence Green Business Effective integration of the Petrochemical Industry Expand new business in Land Development

Production & Sales (2018-2021H1)

• CPL: Revenues dropped due to the pandemic, recovered in early 2021 AN: Overall sales higher than production from increased trade volumes (including subsidiary in China) In 2020 and 2021H1

CPL Nylon6

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Unit ： 10k Tons
Unit ： 10k Tons AN
40
36
30
35 Nylon6
27
30
30
30
22
22
21 21
20
20
17
20
17
17
11
12
12
10
10
0 0
2018 2019 2020 2021H1 2018 2019 2020 2021H1
AN生產量 AN銷售量(含貿易量) CPL生產量 CPL銷售量 PA6銷售量
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Scheduled turnaround plan & capacity utilization

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Dashe (AN)
Scheduled turnaround plan &
100%
97%
96%
capacity utilization 96%
CPDC 95% 93% 94%
100% Toufen (CPL) 93%
80% Headquarters
77%
80%
90%
87%
60% 51%
Toufen(CPL)
85%
40% 33% Mid-Apr~May
22%
20% 80%
0% 0% 20Q1 20Q2 20Q3 20Q4 2020全年 21Q1 21Q2
0% Douliu (PA6) (單季) (單季) (單季) (單季) (單季) (單季)
20Q1 20Q2 20Q3 20Q4 2020全年 21Q1 21Q2 None in 2020
(單季) (單季) (單季) (單季) (單季) (單季) HsiaoKang (CPL)
2020Q2~Q3 Extended turnaround halt due to Covid-19
94%
100%
2021Q2 OP rate lower due to scheduled turnaround 87%
80% 79%
76%
80%
100% Douliu (PA6) 89% Qiaotou(EP) 68%
78%
60%
80%
65% 65%
41%
60% 40%
40%
20%
20%
0% 0% 0% HsiaoKang(CPL) Dashe (AN) 0%
0% 20Q1 20Q2 20Q3 20Q4 2020全年 21Q1 21Q2
December Oct~Nov
20Q1 20Q2 20Q3 20Q4 2020全年 21Q1 21Q2 (單季) (單季) (單季) (單季) (單季) (單季)
(單季) (單季) (單季) (單季) (單季) (單季)
13 Qiaotou EP is batch production of high-value-added products. No specific turnaround schedule
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Land Dev. &

CPL

OPP

AN

Revenue Mix (2018-2021H1)

PA6

Subsidiaries

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2018 3%
2021H1
0.35%
11%
1%
2020
31%
55%
6% 14%
16%
17%
2%
27%
3%
23%
2019
17% 48%
46%
1%
45%
34%
14
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Quarterly Financials (2020Q1-2021Q2)

Unit ： NT$ Billion 營業淨利 稅後淨利 營業收入

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20 100
92.4
 Improved revenues and profit from recovered economy and tight
90
supply in 2021H1 15.4
15
 Profit declined due to Covid-19 pandemic in 2020 80
74.4 12.6
70
10
6.6 60
6.3
53.0 5.5
4.6
5 50
45.7
36.3 40
40.8
0.0
0
30
(1.9)
(2.4) 20
(5)
(4.2)
10
(6.5)
(7.4)
(10) 0
2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2
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Note ： 2020 Q2 & 2020Q4 positive net incomes are primarily from other incomes including investment properties revaluation and capital gains from investment of common & preferred shares in Core Pacific City.

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15

Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020	Unit： NT$ 1000M 2018 2019 2020 2021H1 2020H1 2020H1 vs.2021H1 % Operating revenue 385 296 176 167 94 73 78% Gross Profit 52 16 0.4 30 -0.4 30 7,398% Profit from operations 31 -4 -18 18 -8 26 317% Non-operating income and expense 16 23 19 6 7 -1 -12% Income Before income tax 47 19 1 24 -1 25 2,131% Net Income 43 17 7 22 5 17 373% EPS 1.58 0.61 0.21 0.67 0.14 0.53 379% Condensed P&L (2018-2021H1) Profit declined due to Covid-19 pandemic in 2020
Unit： NT$ 1000M	2018	2019	2020	2021H1		2020H1	2020H1 vs.2021H1	%
Operating revenue	385	296	176		167	94	73	78%
Gross Profit	52	16	0.4		30	-0.4	30	7,398%
Profit from operations	31	-4	-18		18	-8	26	317%
Non-operating income and expense	16	23	19		6	7	-1	-12%
Income Before income tax	47	19	1		24	-1	25	2,131%
Net Income	43	17	7		22	5	17	373%
EPS	1.58	0.61	0.21		0.67	0.14	0.53	379%

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Note: Non-operating income composed of capital gains/loss from financial and real assets fair market valuation and profit/loss from subsidiaries by equity method.

16

Condensed Balance Sheet (2018-2021H1)

Unit：NT$ Billion	2018	2019	2020	2021Q1	2021Q2
Total Assets	897	965	1,049	1,077	1,145
Current Assets	216	240	271	294	350
Non-current assets	681	725	778	783	795
Total Liabilities	225	293	340	362	415
Current Liab	75	87	87	87	99
Non-current Liab	150	205	253	275	316
Total Equity	672	672	709	715	730

 Current assets increased by pre-payments for property investment since 2019Q4

 Non-current liability increased from corporate bond issuance and LT debt

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17

Selected Ratios (2018-2021H1)

	2018	2019	2020	2021Q1	2021Q2
Debt Ratio	25%	30%	32%	34%	36%
Current Ratio	289%	274%	310%	339%	353%
Net profit Margin	11%	6%	4%	9%	13%
ROA(%)Note1	9%	3%	1%	1%	3%
ROE(%)Note2	10%	4%	2%	2%	6%

Note: 1. Excluding investment property in ratio calculation

1. Excluding capital gains from FMV valuation on investment property in special reserves

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Status of Major Investment

． ． ． ． Respect Innovation Care Excellence Green Business

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Effective integration of the Petrochemical Industry Expand new business in Land Development

Dual Core Development Strategy

CPDC focuses on expanding the two-pronged business approaches of "Petrochemical" and "Land Development" as the primary management principles.

20

From Innovation R&D to Mainstream Market Application

Fine Chemicals

AN

Petrochemical Bulk raw Business materials CPL

Integrated production Trade, transport &storage

21

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Core Pacific
Fine Chemicals Locations Plaza
Petrochemical Industry Toufen
Joint Construction
Land development
Fine Chemicals
Plant
Jiangsu Rudong
Kaohsiung
Weiming Petrochem Land Auctions
Myanmar Intercontinental
Vietnam
Parami Rd. Terminal Port
Land development
Joint Construction Shore Tanks
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－ Domestic Petrochemical Project Shore Tanks Construction at Port of Kaohsiung Intercontinental Terminal

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• The project is to construct shore Tanks of:

• 30K MT Ammonia

• 、

• AN phenol & other petrochemical products

• NT3.2 billion by 3 phases

• To improve feedstock purchase flexibility, transportation and storage management to lower costs & improve competitiveness

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－ Domestic Petrochemical Project Miaoli Fine Chemicals Plant

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• ：

• The projects is to

• Align with government high-value petrochemical policy

• Promote local prosperity and increase job opportunity

• Transformation of petrochemical 2[nd] core business

• Products include OPP downstream derivatives of optical materials, and glycol products

• NT3.8 billion investment by 2 phases, construction began in February 2021

• Integrating CPL value chain to expand in high-end optical application

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－ Overseas Petrochemical Base Jiangsu Weiming Petrochemical

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• The project is to build cyclohexanone, PA6, CPL, hydrogen, utilities, and specialty chemical plants in Rudong, Jiangsu, China

• PA6 ： Trial run output in 2021H1, adjustment for optimal operation. Environmental inspection and approval expected in Q4

• Cyclohexanone: Trial run completed. Produce to market condition

• RMB6.8 billion investment by 2 phases

• To benefit from vertically integrated petrochemical base to lower production and logistic costs; adopt latest technology to increase competitiveness

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－ Domestic Land development Kaohsiung Land Auctions

	Location (Qianzhen, Kaohsiung) Lot No. M2 (Area) Ping (Area) Jingmao subsection 5 NO.7 4,581.09 1,385.78 Jingmao subsection 5 NO.7-1 4,492.52 1,358.99 Total area 9,073.61 2,744.77	Location (Qianzhen, Kaohsiung) Lot No. M2 (Area) Ping (Area) Jingmao subsection 5 NO.7 4,581.09 1,385.78 Jingmao subsection 5 NO.7-1 4,492.52 1,358.99 Total area 9,073.61 2,744.77	Location (Qianzhen, Kaohsiung) Lot No. M2 (Area) Ping (Area) Jingmao subsection 5 NO.7 4,581.09 1,385.78 Jingmao subsection 5 NO.7-1 4,492.52 1,358.99 Total area 9,073.61 2,744.77	Location (Qianzhen, Kaohsiung) Lot No. M2 (Area) Ping (Area) Jingmao subsection 5 NO.7 4,581.09 1,385.78 Jingmao subsection 5 NO.7-1 4,492.52 1,358.99 Total area 9,073.61 2,744.77
	Location (Qianzhen, Kaohsiung)	Lot No.	M2 (Area)	Ping (Area)
	Jingmao subsection 5	NO.7	4,581.09	1,385.78
	Jingmao subsection 5	NO.7-1	4,492.52	1,358.99
	Total area		9,073.61	2,744.77

• Located in the Jingmao subsection, the only area can be planned as a residential or corporate headquarters in the center of Asia New Bay Area, Kaohsiung

• Strengthen corporate transformation and activate land assets, focuses on petrochemicals and land development in a dual-core strategy for future expansion

• The land after bidding will be more square and complete, which will be conducive to future development

• The open tendering on April 14, 2021, was postponed due to the pandemic, and on August 18, Qingwang Construction Co., Ltd. acquired the land in tendering for NT$ 2.38 billion

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－ Domestic Land development Toufen Joint Construction

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• Land located in Shuangxi Section in Toufen, Miaoli (Area 1888.27 Ping)

• Joint construction and separate sale project

• Commercial + residential apartment complex

• Quiet & convenient transportation with easy access to major highways

• Attract nearby businesses and working professionals from Hsinchu Science Park

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－ Domestic Land development Core Pacific Plaza

• High-end Grade A office complex.

• The ground floor and basement B1 will contain commercial office and building mechanical space, and will maintain the original urban commercial atmosphere.

  • With ESG concepts planned to obtain LEED & WELL certification

  • The architectural plan calls for four buildings, linked by a central hall

  • Designed to be green & smart leisure office space with humanities and culture, earthquake-proof, and to prevent pandemic

• Status

  • Ground building was demolished

  • Underground: demolish license expected to obtained

• Financing/syndicated loan:

  • Hsin Kong Commercial Bank as the lead syndicator, financing in progress

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－ Overseas Land development Myanmar and Vietnam

Myanmar Parami Rd. Joint Venture building

Vietnam

• Location ： BCD in Yangong, adjacent to Inya Lake

• Property: 12.5-floor residential and commercial building

• First real estate project in Myanmar

1.Parami Rd.

0.144 acre

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Inya Lake
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• Built in cooperation with local land owner.

• USD5.50 million investment

• Completed in 2020. Selling impacted by pandemic and political factors

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• Development by bidding, joint venture or sole investment

• Location: HCM City, Dong Nai 、 Da 、

• Nang Hanoi

• Most businesses halts due to lockdowns by pandemic. Evaluation and negotiation will resume once pandemic is controlled

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ESG Performance

． ． ． ． Respect Innovation Care Excellence Green Business

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Effective integration of the Petrochemical Industry Expand new business in Land Development

ESG performance in all aspects is 治理面 公司治理 永續經營 recognized at home and abroad

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• A female director elected in 2021 to improve corporate governance and promote gender diversity of board members.

• Participated in the 13th Taiwan Corporate Sustainability Awards (TCSA) held by the Taiwan Institute for Sustainable Energy, and won the Taiwan Top 50 Sustainability Award and Corporate Sustainability Report Award-Gold Award

• Voluntarily participated in the S&P Global Corporate Sustainability Assessment (CSA) for two consecutive years, scored 77 and ranked 12th in the global chemical industry (PR 90), qualified for the component in the DJSI World Index

• Selected as an S&P Global Sustainability Yearbook Member for 2021 and awarded Industry Mover, the only chemical company in Taiwan to receive this honor

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Integrate with international initiatives and implement green transformation

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Maintain advantage

• Echoing the SDGs

• Climate Information Revealed in CSR Report

• Set carbon reduction targets

• Promote circular economy and green transformation

• Participate in the international sustainability assessment CSA/CDP

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Green transition

• Green innovation

• Circular Economy

• Energy-saving and carbon reduction

• Green buildings and Green plants certification

• Smart Building Mark

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Green Product

• Product carbon footprint

• Product water footprint

• Green procurement policy for raw materials

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• Submitted the CDP Climate Change questionnaire for three consecutive years. Review the performance of carbon management measures, and received the Management Grade (B-)

• The Dashe Plant and Hsiaokang Plant were awarded the Excellent Enterprise Award of the “Cleaning and Maintenance of Air Quality Purification Zone” in 2019

• The administration building of Hsiaokang Plant was awarded Green Building Certification - Bronze, and the environmental office and control building were awarded Green Building – Qualified

• Hsiaokang Plant obtained the Occupational Safety and Health Excellence Award issued by the Ministry of Labor

• Toufen Plant's CPL and Nylon received the ISO 14046:2014 Water Footprint Certification Statement

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Innovative research and development
concept with sustainable
Green Innovation
Become a green petrochemical company
We spare no effort to practice sustainable New Products
Development
operations and contribute to society. Innovation
Improve Process
Efficiency
Reduce Resource
 Smart Production
 New Technology and New Products Usage
 Dual-Core Development Strategy
Reduce Pollution
Circular Economy
Develop special precision chemicals
Stabilize with market potential, towards
sustainability
Progress
Sustainable
Committed to developing
new products with market Development
potential Continuously optimize
Optimization existing products
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R&D Performance

In 2020

Approximately NTD 442 million New Patents Granted: 9

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 Cutting edge research and
development
 High-Performance R&D Team
 Total number of approved patents ： 226
 effective patent portfolio to 187 patents
 Cumulative investment of 1.613 billion yuan in 5
years
Core Technology
Energy Efficiency
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Derivatives Development
New Technology Development
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R&D Center
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Strengthen the operation model of circular economy to achieve sustainable operation

Improve Process Source Reduction

Resource Recycling

Improved Waste Management and Resource Efficiencies

Improved By-Product Recovery, Recycling, and Reuse

Improve Energy Efficiency and Reduce Carbon Emissions

Strengthen Water Recycling and Reuse Technology

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Future Prospects

． ． ． ． Respect Innovation Care Excellence Green Business

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Effective integration of the Petrochemical Industry Expand new business in Land Development

Vision & Business Strategy

Strive to become a green petrochemical company and a global leader in caprolactam (CPL), acrylonitrile (AN) and their derivatives; Respects the natural ecosystem, bringing together architecture, art, culture and charity, co-existing in harmony in a living environment.

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 ESG is integrated into
business operations
 Innovative research and
development of green
products Green
Excellence
 Pursue the good of the Business
environment
Core
Values
Care Innovation
etrochemical Respect
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Petrochemical
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Land Development

• Create new lifestyles, carbonabsorbing civilization, and combined with AI

• technology, to develop sustainable living and smart new towns.

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Petrochemi cal Business

Fine Chemicals

From Innovation R&D to Mainstream Market Application

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CPDC Products – Value Chain

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Phenol
￭ Raw material
￭ Product
￭
Cyclohexanone New Product
BPA DCPD
Ammoni
Propene
a
technology
OPP CPL AN
Toufen
Toufen Hsiaokang Dashe
Factory
Factory Factory
Factory
DCPD
BPA DCPD OPP PA6
Derivatives(
Derivatives Derivatives(2) Derivatives(1)
1)
Toufen Factory Textile Fiber/Engineering plastics
Toufen Factory
OPP Ciaotou Factory Sports/Vehicle/Healthcare/
Coating Coating/Healthcare Coating/
Electronics Derivatives(2) Smart 3C/5G/Engineering plastics
Douliu Factory Textile Fiber
Optical/Vehicle/
Smart 3C
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DEVELOPMENT

Land Development Business

SALES & LEASING

Properties activation

RESOURCING

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Land Development Strategy

From Taiwan to overseas, Integration of real estate professionals, Multi-planning, DEVELOPMENT Creating value and Achieving investment goals.

Autonomy or SALES & Appointment, Sales and Leasing, LEASING First-line service customers, Close to market demand.

PROPERTIES REVITALIZATION

RESOURCES FROM GROUP

Developable properties re-plan and develop efficiently. and Activation to drive the development of the surrounding areas.

Combining Group and Associated

Enterprise resources to create a new vision for the cities and a better living environment together.

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Q&A
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Thank You

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． ． ． ． Respect Innovation Care Excellence Green Business

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