Stock Code ： 3038

(English Translation of Financial Report Originally Issued in Chinese)

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

For the nine months ended September 30, 2023 and 2022 (With Independent Auditors’ Review Report Thereon)

Address: No. 5, Central 1st Rd., Qianzhen Dist., Kaohsiung, Taiwan, R.O.C. Telephone: 886-7-812-4832

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Contents
1、Cover page
2、Table of contents
3、 Independent auditors’ review report
4、 Consolidated balance sheets
5、 Consolidated statements of comprehensive income
6、 Consolidated statements of changes in equity
7、 Consolidated statements of cash flows
8、 Notes to consolidated financial statements
(1) Organization and business scope
(2) Financial statements authorization date and authorization process
(3) Application of New and Revised International Financial Reporting
Standards and Interpretations
(4) Summary of significant accounting policies
(5) Significant accounting assumptions and judgments, and major sources of
estimates uncertainty
(6) Explanation of significant accounts
(7) Transactions with Related Parties
(8) Pledged assets
(9) Commitments and contingencies
(10) Losses due to major disaster
(11) Significant subsequent events
(12) Other
(13) Supplementary Disclosure Requirements
(a) Information on significant transactions
(b) Information on investees
(c) Information on investments in Mainland China
(d) Major shareholders
(14) Segment information Page

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Contents 1`、`Cover page 2`、`Table of contents 3`、` Independent auditors’ review report 4`、` Consolidated balance sheets 5`、` Consolidated statements of comprehensive income 6`、` Consolidated statements of changes in equity 7`、` Consolidated statements of cash flows 8`、` Notes to consolidated financial statements (1) Organization and business scope (2) Financial statements authorization date and authorization process (3) Application of New and Revised International Financial Reporting Standards and Interpretations (4) Summary of significant accounting policies (5) Significant accounting assumptions and judgments, and major sources of estimates uncertainty (6) Explanation of significant accounts (7) Transactions with Related Parties (8) Pledged assets (9) Commitments and contingencies (10) Losses due to major disaster (11) Significant subsequent events (12) Other (13) Supplementary Disclosure Requirements (a) Information on significant transactions (b) Information on investees (c) Information on investments in Mainland China (d) Major shareholders (14) Segment information	Page
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Independent Auditors’ Review Report

The Board of Director’s

Emerging Display Technologies Corp

Introduction

We have reviewed the accompanying consolidated balance sheets of Emerging Display Technologies Corp. (the Company) and subsidiaries as of September 30, 2023 and 2022, and the related consolidated statements of comprehensive income for the three months and the nine months ended September 30, 2023 and 2022, and changes in equity and cash flows for the nine months ended September 30, 2023 and 2022, and notes to the consolidated financial statements, including a summary of significant accounting policies. Management 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 International Accounting Standard 34, “Interim Financial Reporting” endorsed issued into effect by the Financial Supervisory Commission of the Republic of China. Our responsibility is to express a conclusion on the consolidated financial statements based on our reviews.

Scope of Review

Except as explained in the Basis for Qualified Conclusion paragraph, we conducted our reviews in accordance with ISRE 2410, “Review of Financial Information Performed by the Independent Auditor of the Entity”. A review of the consolidated financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the generally accepted auditing standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Basis for Qualified Conclusion

As stated in Note 4(b), the consolidated financial statements included the financial statements of certain nonsignificant subsidiaries, which were not reviewed by independent accountants. These financial statements reflect total assets amounting to $478,100 thousand and $460,534 thousand, constituting 11.38% and11.53% of consolidated total assets as of September 30, 2023 and 2022, respectively, total liabilities amounting to $112,160 thousand and $123,237 thousand, constituting 6.91% and 7.11% of consolidated total liabilities as of September 30, 2023 and 2022, respectively, and total comprehensive income amounting to gain $32,880 thousand, gain $35,704 thousand, gain $5,406 thousand and gain $59,470 thousand, constituting 15.70%, 19.71%, 1.11% and 16.18% of consolidated total comprehensive income for the three months and the nine months ended September 30, 2023 and 2022, respectively.

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Qualified Conclusion

Based on our reviews, except for the effects of the adjustments, if any, as might have been determined to be necessary had the financial statements of certain consolidated subsidiaries and equity accounted investee companies described in the Basis for Qualified Conclusion paragraph above been reviewed by independent accountants, nothing has come to our attention that causes us to believe that the accompanying consolidated financial statements do not present fairly, in all material respects, the consolidated financial position of the Emerging Display Technologies Corp. and subsidiaries as of September 30,2023 and 2022, and its consolidated financial performance for the three months and nine months ended September 30, 2023 and 2022, as well as its consolidated cash flow for the nine months ended September 30, 2023 and 2022 in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and the International Accounting Standard 34, “ Interim Financial Reporting” endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China.

The engagement partners on the audit resulting in this independent auditors’ review report are, Yung Hsiang, Chen and Yen Ta, Su.

KPMG

Taipei, Taiwan (Republic of China)

November 2, 2023

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(English Translation of Financial Statements and Report Originally Issued in Chinese) EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Consolidated Balance Sheets

September 30, 2023, December 31, 2022, and September 30, 2022

(Expressed in thousands of New Taiwan Dollars) (Reviewed, not audited)

September 30,2023	December 31,2022	September 30,2023	December 31,2022
		1,084,398 26	1,412,086 33
3,411,203 81	3,506,575 81	398,180 10 - - 51,459 1 89,210 2 629 - 156 -	399,013 9 - - 55,052 1 90,867 3 600 - 312 -
146,390 3 489,865 12 55,483 1 60,655 2 4,613 - 24,557 1 9,614 -	155,738 4 461,222 11 64,786 2 58,053 1 5,247 - 24,559 1 9,593 -
		539,634 13	545,844 13
		1,624,032 39	1,957,930 46
		1,574,076 37 50,291 1 1,092,156 26 (72,097) (2) (122,282) (3)	1,574,076 37 35,840 1 897,783 21 (120,343) (3) (122,282) (3)
791,177 19	779,198 19
		2,522,144 59 56,204 2	2,265,074 53 62,769 1
$ 4,202,380 100	4,285,773 100	2,578,348 61	2,327,843 54
		$ 4,202,380 100	4,285,773 100

See accompanying notes to financial statements.

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(English Translation of Financial Statements and Report Originally Issued in Chinese) EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES Consolidated Statements of Comprehensive Income For the three months and the nine months ended September 30, 2023 and 2022 (Expressed in thousands of New Taiwan dollars, Except Earnings Per Share) (Reviewed, not audited)

For the three months 2023 Amount ％ $ 1,119,509 100 853,017 76	For the three months 2023 Amount ％ $ 1,119,509 100 853,017 76	ended September 30	ended September 30	ended September 30	For the nine months 2023 Amount ％ 3,456,925 100 2,705,317 78	For the nine months 2023 Amount ％ 3,456,925 100 2,705,317 78	ended September 30 2022 Amount ％ 3,501,279 100 2,831,353 81	ended September 30 2022 Amount ％ 3,501,279 100 2,831,353 81
	％ 100 76	2022				％ 100 78	2022
		Amount		％			Amount 3,501,279 2,831,353
		1,276,124 1,026,394		100 80
266,492	24	249,730		20	751,608	22	669,926	19
71,994 45,489 41,265 (827)	6 4 4 -	65,549 47,462 38,945 (130)		5 3 3 -	195,358 128,026 110,047 (420)	6 4 3 -	185,387 125,394 98,662 (135)	5 4 3 -
157,921	14	151,826		11	433,011	13	409,308	12
1,082	-	1,053		-	3,152	-	3,020	-
109,653	10	98,957		9	321,749	9	263,638	7
7,880 7,580 50,095 (2,724)	1 1 3 -	1,084 15,709 76,410 (2,573)		- 1 6 -	28,639 25,579 66,974 (9,851)	1 1 1 -	1,606 26,341 138,384 (7,022)	- 1 4 -
62,831	5	90,630		7	111,341	3	159,309	5
172,484 36,413	15 3	189,587 37,769		16 3	433,090 79,935	12 2	422,947 76,599	12 2
136,071	12	151,818		13	353,155	10	346,348	10
62,182 -	6 -	18,096 -		1 -	125,062 -	4 -	(6,077) (232)	- -
62,182	6	18,096		1	125,062	4	(5,845)	-
11,164 -	1 - 1	11,245 - 11,245		1	9,689 - -	- -	27,029 -	1 -
11,164				1	9,689	-	27,029	1
73,346	7	29,341		2	134,751	4	21,184	1
$ 209,417	19	181,159		15	487,906	14	367,532	11
$ 135,781 290	12 -	151,695 123		13 -	352,856 299	10 -	346,663 (315)	10 -
$ 136,071	12	151,818		13	353,155	10	346,348	10
$ 204,156 5,261	19 -	168,549 12,610		14 1	494,471 (6,565)	14 -	342,888 24,644	10 1
$ 209,417	19	181,159		15	487,906	14	367,532	11
$	0.91		1.02			2.37		2.33
$	0.91		1.02			2.36		2.31

See accompanying notes to consolidated financial statements.

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(English Translation of Financial Statements and Report Originally Issued in Chinese)

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Consolidated Statements of Changes in Stockholders’ Equity

For the nine months ended September 30, 2023 and 2022

(Expressed in thousands of New Taiwan dollars, Except Earnings Per Share)

(Reviewed, not audited)

Equity attributable to shareholders of parent

Ordinary shares	Capital surplus	R	etained earnings	etained earnings	Other	equity interest	Treasury stock	Total equity attributable to shareholders of parent	Non- controlling interests	Total Equity
					Exchange differences on translation of foreign financial statements	Unrealized gains (losses) from financial assets measured at fair value through other comprehensive income
		Legal capital reserve	Special capital reserve Unappropriated earnings 117,815 430,152
$ 1,624,076	25,980	106,820	117,815	430,152	(29,998)	(74,493)	(173,021)	2,027,331	45,052	2,072,383
- -	- -	- -	- -	346,663 -	- 26,637	- (30,412)	- -	346,663 (3,775)	(315) 24,959	346,348 21,184
-	-	-	-	346,663	26,637	(30,412)	-	342,888	24,644	367,532
- - - - - (50,000) -	- - - 10,553 - (739) 46	25,258 - - - - - -	- - (13,324) - - - -	(25,258) (188,889) 13,324 - 9,309 - -	- - - - - - -	- - - - (9,309) - -	- - - - - 50,739 -	- (188,889) - 10,553 - - 46	- - - - - - -	- (188,889) - 10,553 - - 46
$ 1,574,076	35,840	132,078	104,491	585,301	(3,361)	(114,214)	(122,282)	2,191,929	69,696	2,261,625
$ 1,574,076	35,840	132,078	104,491	661,214	(4,429)	(115,914)	(122,282)	2,265,074	62,769	2,327,843
- -	- -	- -	- -	352,856 -	- 9,741	- 131,874	- -	352,856 141,615	299 (6,864)	353,155 134,751
-	-	-	-	352,856	9,741	131,874	-	494,471	(6,565)	487,906
- - - - - -	- - - 14,071 - 380	43,188 - - - - -	- - 15,852 - - -	(43,188) (251,852) (15,852) - 93,369 -	- - - - - -	- - - - (93,369) -	- - - - - -	- (251,852) - 14,071 - 380	- - - - - -	- (251,852) - 14,071 - 380
$ 1,574,076	50,291	175,266	120,343	796,547	5,312	(77,409)	(122,282)	2,522,144	56,204	2,578,348

See accompanying notes to consolidated financial statements.

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(English Translation of Financial Statements and Report Originally Issued in Chinese)

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Consolidated Statements of Cash Flows

For the nine months ended September 30, 2023 and 2022

(Expressed in thousands of New Taiwan Dollars) (Reviewed, not audited)

Cash flows from (used in) operating activities`：` Profit (Loss) before tax Adjustments`：` Adjustments to reconcile profit (loss)`：` Depreciation expense Amortization expense Expected credit impairment loss(gain) Net (gains) losses on financial assets or liabilities at fair value through profit or loss Interest expense Interest income Dividend income Gain on disposal of property, plant, equipment Unrealized foreign exchange loss(gain) Others Total adjustments to reconcile profit Changes in operating assets and liabilities Changes in operating assets: `(`Increase) decrease in accounts receivable Decrease in other notes and accounts receivable Decrease (Increase) in inventories Decrease(Increase) in other current assets Total net changes in operating assets Changes in operating liabilities`：` Decrease in notes payable Decrease in accounts payable `(`Decrease) Increase in other payable Increase in other current liabilities Decrease in net defined benefit liability Decrease in other non-current liabilities Total changes in operating liabilities Total changes in operating assets and liabilities Total adjustments Cash inflow generated from operations Interest received Dividends received Interest paid Income taxes paid Net cash flows from (used in) operating activities Cash flows from (used in) investing activities: Acquisition of financial assets at fair value through other comprehensive income Proceeds from disposal of financial assets at fair value through other comprehensive income Acquisition of financial assets at fair value through profit or loss Proceeds from disposal of financial assets at fair value through profit or loss Acquisition of property, plant and equipment Proceeds from disposal of property, plant, equipment Acquisition of intangible assets Decrease in restricted time deposits Increase in refundable deposits Net cash flows from (used in) investing activities Cash flows from (used in) financing activities: Decrease (increase) in short-term loans Dividend paid Return of employee stock ownership trust Repayment of lease liabilities Net cash flows from (used in) financing activities Effects of changes in foreign exchange rates Net increase in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period	For the nine months 2023 $ 433,090	ended September 30 2022 422,947
	53,584 986 (420) (635) 9,851 (28,632) (23,412) (206) (29,267) -	48,106 1,063 (135) (5,420) 7,022 (1,594) (25,799) (330) (31,252) 46
	(18,151)	(8,293)
	(28,176) 1,260 238,685 2,495	74,558 765 (33,171) (15,527)
	214,264	26,625
	- (52,967) (14,324) 12,181 (1,657) (156)	(53) (17,960) 72,228 25,966 (9,051) (156)
	(56,923)	70,974
	157,341	97,599
	139,190	89,306
	572,280 28,150 23,412 (11,466) (81,101)	512,253 1,421 25,833 (7,456) (25,521)
	531,275	506,530
	(43,407) 192,640 (91,480) - (73,804) 722 (352) 230 (120)	(138,307) 55,603 (10,000) 10,001 (50,253) 2,114 (2,899) 533 (1,509)
	(15,571)	(134,717)
	(270,000) (237,781) 380 (10,357)	60,000 (178,336) - (9,921)
	(517,758)	(128,257)
	11,519	6,371
	9,465 1,307,122	249,927 816,356
	$ 1,316,587	1,066,283

See accompanying notes to financial statements.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to the Consolidated Financial Statements

For the nine months ended September 30, 2023 and 2022

(All amounts expressed in thousands of New Taiwan dollars, unless otherwise specified)

(Reviewed, not audited)

(1) Organization and Business Scope

Emerging Display Technologies Corp. (the Company) and its subsidiaries was incorporated as a limited liability Group under the laws of the Republic of China (ROC) on September 23, 1994. The address of its registered office and principal place of business is No.5, Central 1st Rd., Qianzhen Dist., Kaohsiung City, Taiwan. The Consolidated financial statements comprise Emerging Display Technologies Corp. and its subsidiaries (jointly referred to as the Group). The Group is engaged in the manufacture and sale of Capacity Touch Panel and liquid crystal displays (LCDs).

(2) Financial Statements Authorization Date and Authorization Process

The consolidated financial statements were authorized for issuance by the Board of Directors on November 2, 2023.

(3) Application of New and Revised International Financial Reporting Standards and Interpretations

(a) The impact of the International Financial Reporting Standards (“IFRSs”) endorsed by the Financial Supervisory Commission, R.O.C. which have already been adopted. The Group has initially adopted the following new amendments, which do not have a significant impact on its consolidated financial statements, from January 1, 2023:
“ ”
‧ Amendments to IAS 1 Disclosure of Accounting Policies
“ ”
‧ Amendments to IAS 8 Definition of Accounting Estimates
“
‧ Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from

a Single Transaction ” The Group has initially adopted the following new amendments, which do not have a significant impact on its consolidated financial statements, from May 23, 2023:

‧ Amendments to IAS 12 “International Taxation Reform-Pillar Two Model Rules ”
(b) The impact of IFRS issued by the FSC but not yet effective

The Group assesses that the adoption of the following new amendments, effective for annual period beginning on January 1, 2024, would not have a significant impact on its consolidated financial statements:

‧ Amendments to IAS 1 “Classification of certain Liabilities as Current or Non-current”
‧ Amendments to IAS 1 “Non-current Liabilities with Covenants”
“
‧ Amendments to IAS 7 and IFRS 7 Supplier Finance Arrangements”
‧ IFRS16 “Requirements for Sale and Leaseback Transactions”
(c) The impact of IFRS issued by IASB but not yet endorsed by the FSC

The Group does not expect the following other new and amended standards, which have yet to be endorsed by the FSC, to have a significant impact on its financial statements:

‧ Amendments to IFRS 10 and IAS 28 “Sale or contribution of Assets between an Investor and its Assoicate of Joint Venture”
‧ IFRS 17 “Insurance contracts” and amendments to IFRS 17
‧ IAS 21 “The effects of changes in foreign exchante rate”

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(4) Summary of Significant Accounting Policies

(a) Statement of compliance

The consolidated financial statements have been prepared in conforming with the Regulation Governing the Preparation of Financial Reports by Securities Issuers and IAS 34, “Interim Financial Reporting,” endorsed by FSC. These consolidated financial statements do not include all of the information required by the Regulations and by the IFRS endorsed by the FSC for full annual consolidated financial statements.

Except as described below, the significant accounting policies for the consolidated financial statement applied in these consolidated financial statements is consistent with those applied in the consolidated financial statements for the year ended December 31, 2022. Please refer to Note 4 of 2022 consolidated financial statement for detail information.

(b) Basis of consolidation

(i)Subsidiaries included in the consolidated financial statements are as follows:

Name of investor	Name of the subsidiary	Business Activity Sale of CTP and LCDs Investment holding Customer service and business support Sale of CTP and LCDs Customer service and business support Investment Investment Investment Investment holding Investment holding Manufacturing of CTP and LCDs	Percentage ownership	Percentage ownership	Percentage ownership	Remarks
			September 30,2023 100.00% 78.49% 100.00% 100.00% 100.00% 100.00% 100.00% 52.50% 5.90% 11.41% 100.00%	December 31,2022 100.00% 78.49% 100.00% 100.00% 100.00% 100.00% 100.00% 52.50% 5.90% 11.41% 100.00%	September 30,2022
The Company The Company The Company The Company The Company The Company The Company The Company Ying Dar Investment Development Corp. Bae Haw Investment Development Corp. Emerging Display International (Samoa) Corp.	Emerging Display Technologies Corp., U.S.A Emerging Display International (Samoa) Corp. EDT-Europe ApS Emerging Display Technologies Korea EDT-Japan Corp. Ying Dar Investment Development Corp. Bae Haw Investment Development Corp. Ying Cheng Investment Corp. Emerging Display International (Samoa) Corp. Emerging Display International (Samoa) Corp. Dong Guan Emerging Display Limited				100.00% 78.49% 100.00% 100.00% 100.00% 100.00% 100.00% 52.50% 5.90% 11.41% 100.00%	Major Subsidiary Note Note Note Note Note Note Note Note Note Note

Note : Quarterly financial reports are unaudited for non-major subsidiaries.

(ii)Subsidiaries which are not included in the consolidated financial statements: None.

(c) Income tax

T he Group prepared income tax in conforming to interim income tax measurement and disclosure of paragraph B12 of IAS 34 “Interim Financial Reporting”.

Income tax expense is calculated based on an interim period’s pre-tax income multiplied by best estimation of the annual income tax rate expected for the full financial year and all recognized as current income tax expense.

Income tax expense is directly recognized in equity items or other comprehensive items which is the temporary difference between book value of assets and liabilities at reporting date and tax basis to measure by using appropriate tax of expected realize assets and settle the liabilities.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(d) Employee benefit

Interim defined benefit pension is calculated on a year-to-date basis using the actuarially determined pension cost rate adjusted for significant market fluctuations, curtailments, settlement or other one-time events.

(5) Significant accounting assumptions and judgments, and major sources of estimates uncertainty

Management team prepared quarterly consolidated financial statements in conforming to IAS 34, “Interim Financial Reporting,”, and make judgement, estimation and assumption and the reporting amount will be affected by accounting policies, assets, liabilities, revenue and expense. The actual outcome might be different from the estimation.

In preparing the consolidated financial statements, critical accounting judgments and key sources of estimation uncertainty used by management in the application of accounting policies are consistent with those described in Note 5 of the consolidated financial statements for the year ended December 31, 2022.

(6) Explanation of significant accounting items

The explanation of significant accounting items of this quarterly consolidated financial statements had no significant difference compared with the Group consolidated financial statements for the year ended December 31, 2022. Please refer to Note 6 of 2022 consolidated financial statements.

(a) Cash and cash equivalents

Cash and cash equivalents
Cash and cash equivalents Demand deposits Check deposits Time deposits Total	September 30, 2023	December 31, 2022	September 30, 2022 372 451,640 19 614,252 1,066,283
	$ 579 707,766 3 608,239	325 404,178 30 902,589
	$ 1,316,587	1,307,122

Please refer to note 6(z) for the exchange rate risk and sensitivity analysis of the financial assets of the Group.

(b) Financial assets at fair value through profit or loss

Current financial assets mandatorily measured at fair value through profit or loss`：` Open-end bond funds Forward exchange contract Total Current financial liabilities measured at fair value through profit or loss`：` Swap contract Total	September 30, 2023	December 31, 2022	September 30, 2022 - 5,461 5,461 September 30, 2022 - -
	$ 93,642 -	- 399
	$ 93,642	399
	September 30, 2023	December 31, 2022
	$ -	1,933
	$ -	1,933

Please refer to Note 6(y) for the recognition of gain or loss at fair.

The abovementioned financial assets were not pledged as collateral.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

The Group entered into derivative instruments to manage exposure to currency risk arising from operating activities and doesn’t applicable to hedge accounting. The Group’s derivative instruments were as follows presented under financial assets mandatorily measured at FVTPL and financial liabilities measured at FVTPL; presented under financial assets held for trading： Forward exchange contract：

December 31,2022 Contract amount (Thousand Dollar) Currency Maturity period Swap contract USD 6,000 TWD to USD 2023.01.11~2023.03.13 September 30,2022 Contract amount (Thousand Dollar) Currency Maturity period Swap contract USD 4,000 TWD to USD 2022.10.12~2022.12.27 Please refer to Note 6(z) for credit risk and market risk. (c) Financial assets at fair value through other comprehensive income September 30, 2023 December 31, 2022 September 30, 2022 Equity instruments at fair value through other comprehensive income-current: Corporate bonds`－`FORCAY $ 31,067 29,272 - Corporate bonds`－`TAISEM 31,477 30,475 - Corporate bonds`－`BAC 31,025 - - 93,569 59,747 - Equity instruments at fair value through other comprehensive income-current: Common stocks listed on domestic markets-current: Innolux Corp. $ 12,969 11,471 11,987 Nan Ya Plastics Corporation 19,980 21,300 20,070 Pegatron Co., Ltd. 16,546 13,716 12,636 CoAsia Electronics Corp. 5,006 5,556 5,721 Quanta Computer Inc. - 50,538 53,823 Shian Yih Electronic Co., Ltd. 48,293 27,641 25,377 Chicony Electronics Co., Ltd. 34,650 25,890 24,720 United Microelectronics Corp. 4,520 - - Lite-On Technology Corp. - 39,556 39,556 Mega Financial Holding Co., Ltd. 48,144 38,450 39,464 Taiwan Cement Corp., Ltd. 28,892 29,240 29,370 ASE Technology Holding Co., Ltd. 32,302 27,701 23,630 China Development Financial Holding Corp. 21,240 22,680 21,600 Evergreen Marine Corp. (Taiwan) Ltd. 9,744 13,692 12,264 Total 282,286 327,431 320,218 Total $ 375,855 387,178 320,218		December 31,2022 Contract amount (Thousand Dollar) Currency Maturity period
		USD 6,000 TWD to USD 2023.01.11~2023.03.13 September 30,2022 Contract amount (Thousand Dollar) Currency Maturity period

～ 11 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Equity instruments at fair value through other comprehensive income-noncurrent: Common stocks unlisted on domestic markets – non-current: Ascendax Venture Capital Corp. Chenfeng Optronics Corp. Total Preference stocks listed on domestic markets- non-current`：` Fubon Financial Holding Co., Ltd Total	September 30, 2023 $ 28,382 117,180	December 31, 2022 21,032 133,910	September 30, 2022 19,916 151,550 171,466 815 172,281
	145,562	154,942
	828	796
	$ 146,390	155,738

(i) Debt instruments at fair value through other comprehensive income

The Group has assessed that the above securities were held within a business model whose objective was achieved by both collecting contractual cash flows and selling securities. Therefore, they have been classified as debt instruments at fair value through other comprehensive income.

(ii) Equity instruments at fair value through other comprehensive income

The Group designated the investments shown above as equity securities at fair value through other comprehensive income because these equity securities represent those investments that the Group intends to hold for strategic purposes. 。

For the three months and nine months ended September 30, 2023 and 2022, the Group has recognized dividend income $5,732, $15,495, $23,412 and $25,799 from equity instruments designated at fair value through other comprehensive income, respectively.

For the nine months ended September 30, 2023 and 2022, the Group with the objective of investment and financial management had sold financial assets at fair value of $192,640 and $55,603, respectively and accumulated gain on disposal of investments were $93,369 and $9,309, respectively which had been reclassified from other equity interest to retained earnings.

Please refer to Note 6(z) for market risk

The abovementioned financial assets were not pledged as collateral.

For the purpose of increasing investment profits, the Group entrusts partial listed companies as the beneficiary. According to the terms of the contract, the Group does not transfer risk and remuneration of these financial assets, and they had not been derecognized. As of September 30,2023, December 31, 2022 and September 30, 2022, the carrying amount of the listed stocks which were entrusted to financial institutions for security lending amounted to $12,969, $11,471and $11,987 respectively.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(d) Accounts receivable

Accounts receivable
Accounts receivable-measured as amortized cost Allowance for impairment	September 30, 2023	December 31, 2022	September 30, 2022
	$ 749,784 (893)	704,601 (6,119)	734,157 (5,744) 728,413
	$ 748,891	698,482

The Group applies the simplified approach to provide for the loss allowance used for expected credit losses, which permit the use of lifetime expected loss provision for all receivables. To measure the accounts receivable expected credit losses, accounts receivable have been grouped based on past default experience of the customers and shared credit risk characteristics, as well as incorporate forward looking information, including macroeconomic and relevant industry information. The loss allowance provision was determined as follows ：

Current Overdue less than 90 days Overdue 91~180 days Overdue 181~270 days Overdue 271~365 days Overdue 365 days Current Overdue less than 90 days Overdue 91~180 days Overdue 181~270 days Overdue 271~365 days Overdue 365 days Current Overdue less than 90 days Overdue 91~180 days Overdue 181~270 days Overdue 271~365 days Overdue 365 days	Carrying amount of Accounts Receivable $ 615,163 134,438 101 82 - - $ 749,784 Carrying amount of Accounts Receivable $ 583,448 111,988 - 4,343 - 4,822 $ 704,601 Carrying amount of Accounts Receivable $ 689,506 35,028 4,584 9 208 4,822 $ 734,157	September 30, 2023		Loss allowance for lifetime expected credit losses 700 153 40 - - - 893 Loss allowance for lifetime expected credit losses 677 617 - 3 - 4,822 6,119 Loss allowance for lifetime expected credit losses 787 87 4 - 44 4,822 5,744
		Weighted-average expected credit loss rate 0.11% 0.11% 40.10% 0.10% - % - % December 31, 2022


		Weighted-average expected credit loss rate 0.12% 0.55% - 0.07% - 100% September 30, 2022


		Weighted-average expected credit loss rate 0.11% 0.25% 0.10% 0.10% 21.23% 100%

～ 13 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

The movement in the provision for impairment loss with respect to trade receivables was as follows:

Balance on January 1 Reversal of impairment loss Write-off of account due to irrecoverable Effect of changes in foreign currency exchange rates Ending balance	For the nine months ended September 30 2023 2022 $ 6,119 5,842 (420) (135) (4,822) - 16 37 $ 893 5,744
	2023 $ 6,119 (420) (4,822) 16
	$ 893

The abovementioned financial assets were not pledged as collateral. Please refer to Note 6(z) for credit risk.

(e) Other notes receivable and other receivables

Loans to employee Interest receivable Others Allowance for impairment	September 30, 2023	December 31, 2022	September 30, 2022 965 - 533 - 1,498
	$ 315 2,264 23 -	795 1,782 801 -
	$ 2,602	3,378

Please refer to Note 6(z) for credit risk.

(f) Inventories

) Inventories	) Inventories
September 30, 2023 Raw materials and supplies $ 296,132 Work in process 268,591 Finished goods 221,110 Inventories in transit 23,454 $ 809,287 The details of cost of sales are as follows`：` July to September, 2023 July to September, 2022 Reclassification to cost of sales and expenses $ 818,784 979,543 Write down of inventories 325 4,966 Unamortized manufacturing expenses 5,077 3,859 Loss on scrap 28,876 38,095 Others (45) (69) $ 853,017 1,026,394		September 30, 2023		December 31, 2022	September 30, 2022 492,266 359,021 223,133 27,478 1,101,898 January to September, 2022
		$	296,132 268,591 221,110 23,454	449,879 287,408 279,878 27,449
		$	809,287	1,044,614
	$ 818,784 325 5,077 28,876 (45) $ 853,017		979,543 4,966 3,859 38,095 (69) 1,026,394	2,597,176 8,303 14,984 85,025 (171) 2,705,317	2,731,954 5,634 10,876 83,054 (165) 2,831,353

～ 14 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

For the three months ended September 30, 2023 and 2022, and the nine months ended September 30, 2023 and 2022 write down of inventories due to the reduction of inventories cost to the net realizable value was recognized as an addition of operating costs.

Inventories were not pledged as collaterals.

(g) Other current assets

The details of other current assets are as follows ：

September 30, 2023 $ 6,090 11,625 7,368 36,413 2,328 9,701 -	December 31, 2022 3,347 11,649 5,974 36,779 2,558 9,593 4,843	September 30, 2022 2,990 13,503 6,682 37,200 2,547 9,535 5,287
$ 73,525	74,743	77,744
$ 63,911 9,614	65,150 9,593	68,209 9,535
$ 73,525	74,743	77,744

The above mentioned restricted time deposits had been pledged as collateral. Please refer to note 8.

(h) Major non-controlling interests’ share of subsidiaries

Significant to the Group of the non-controlling interest subsidiaries are as follows:

Name of subsidiaries Ying Cheng Investment Corp. Emerging Display International (Samoa) Corp.	Principal place of business Taiwan Samoa	Proportion of non-controlling interest voting equity September 30, 2023 December 31, 2022 September 30, 2022 47.5% 47.5% 47.5% 4.2% 4.2% 4.2%	Proportion of non-controlling interest voting equity September 30, 2023 December 31, 2022 September 30, 2022 47.5% 47.5% 47.5% 4.2% 4.2% 4.2%
		September 30, 2023 47.5% 4.2%	December 31, 2022 47.5% 4.2%

Summarize above subsidiaries financial information as below which had prepared based on International Financial Reporting Standards endorsed by FSC. The below financial information was prior to the offset amount with Group:

～ 15 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Summarized financial information for Ying Cheng Investment Corp. is as follows:

September 30, 2023 December 31, 2022 September 30, 2022 Current asset $ 9,784 9,803 9,841 Non-current asset 100,440 114,780 129,900 Current liability (20) (50) - Net asset $ 110,204 124,533 139,741 Non-controlling equity closing book amount $ 52,347 59,153 66,377 July to September, 2023 July to September, 2022 January to September, 2023 January to September, 2022 Operating revenue $ - - - - Net gain (loss) $ - - 11 (10) Other comprehensive income 10,260 26,220 (14,340) 51,720 Comprehensive income $ 10,260 26,220 (14,329) 51,710 Gain (loss) attributable to non- controlling interest $ - - 5 (5) Comprehensive income attributable to non-controlling interest $ 4,873 12,454 (6,807) 24,562 For the nine months ended September 30 2023 2022 Cash flow from operating activities $ (21) (61) Cash flow from investing activities - - Cash flow from financing activities - - Net increase(decrease) in cash and cash equivalents $ (21) (61)	September 30, 2023 $ 9,784 100,440 (20)	September 30, 2023 $ 9,784 100,440 (20)	December 31, 2022 9,803 114,780 (50)	December 31, 2022 9,803 114,780 (50)
	$
	$	110,204		124,533
	$	52,347		59,153
				January to September, 2023
$ -		-		-
$ - 10,260		- 26,220		11 (14,340)
$ 10,260		26,220		(14,329)
$ -		-		5
$ 4,873		12,454		(6,807)

			$ (21)

Summarized financial information for Emerging Display International (Samoa) Corp. is as follows ：

Current asset Non-current asset Current liability Non-current liability Net asset Non-controlling equity closing book amount Current asset	September 30, 2023 $ 150,926 33,625 (92,709) -	December 31, 2022 164,617 36,515 (113,663) (1,388)	September 30, 2022 146,679 35,796 (99,967) (3,492) 79,016 3,319
	$ 91,842	86,081
	$ 3,857	3,616

～ 16 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

July to September, 2023	July to September, 2022	July to September, 2022	January to September, 2023	January to September, 2023	January to September, 2022
$ 103,011	106,355 2,954 760 3,714 123 156 For $ $		248,576		262,736
$ 6,902 2,345		,954 760	6,997 (1,236)		(7,368) 9,336
$ 9,247		,714	5,761		1,968
$ 290		123	294		(310)
$ 388		156	242		82
		For	the nine months
			2023 (8,105) (7,289) (5,951) (32)	2022 20,046 (3,427) (5,628) 823
		$
		$	(21,377)	11,814

(i) Property, plant and equipment

The cost and depreciation of the property, plant and equipment of the Group were as follows:

Land	Building and construction	Machinery and equipment	Other
$ 39,122 161 - - 1,966	1,119,400 6,657 1,432 (365) 4,202 1,131,326 1,055,674 1,356 1,176 - 5,261 1,063,467 844,100 10,629 (243) 388 854,874	2,399,606 6,952 8,564 (103,635) 305	73,639 43,982 (18,702) (9,395) 244
$ 41,249		2,311,792	89,768
$ 23,268 - - - 3,421		2,373,003 6,223 7,280 (1,332) 5,821	32,819 34,868 (14,759) (1,526) 701
$ 26,689		2,390,995	52,103
$ - - - -		2,339,498 13,864 (103,615) 283	26,683 1,692 (9,395) 167
$ -		2,250,030	19,147

～ 17 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Land $ - - - -	Building and construction 830,811 8,882 - 2,001	Machinery and equipment 2,319,409 14,304 (1,332) 5,403	Office equipment 127,668 13,563 (6,481) 113	Other 27,193 297 (1,526) 517
$ -	841,694	2,337,784	134,863	26,481
$ 39,122	275,300	60,108	39,736	46,956
$ 41,249	276,452	61,762	39,781	70,621
$ 23,268	224,863	53,594	25,411	5,626
$ 26,689	221,773	53,211	37,060	25,622

Please refer to Note 6(y) for detail of disposal gain and loss.

Property, plant and equipment pledged as collateral for long-term loans and finance were disclosed in Note 8 .

(j) Right-of-use assets

The movements in the cost and depreciation of the leased land, buildings, transportation equipment were as follows:

Land $ 61,840 - -	Building and construction 51,857 - (166)	Transportation equipment 2,239 1,288 (354) 151	Total 115,936 1,288 (354) (15)
$ 61,840	51,691	3,324	116,855
$ 66,409 105 (4,674) -	51,684 3,832 (4,668) 671	658 1,808 - 91	118,751 5,745 (9,342) 762
$ 61,840	51,519	2,557	115,916
$ 10,742 1,891 - -	39,447 7,660 - (46)	961 990 (334) 61	51,150 10,541 (334) 15
$ 12,633	47,061	1,678	61,372

～ 18 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Land $ 8,204 1,908 - -	Building and construction 32,761 7,990 (4,668) 426	Transportation equipment 311 652 - 63	Total 41,276 10,550 (4,668) 489
$ 10,112	36,509	1,026	47,647
$ 51,098	12,410	1,278	64,786
$ 49,207	4,630	1,646	55,483
$ 58,205	18,923	347	77,475
$ 51,728	15,010	1,531	68,269

(k) Investment property

Investment property includes assets owned by Group such as office buildings leased to third party. Based on original lease terms of investment property, non-cancellable lease term is four years and the lessee has the right to extend upon expiry. Subsequent lease term will consult with the lessee and without charging contingent rental. Please refer to Note 6(q) for information of the rental income. Rental income of leased investment property has a fixed amount.

Investment property cost and depreciation of the Group were as follows ：

Land $ 48,882 2,483	Building and construction 16,714 849	Total 65,596 3,332
$ 51,365	17,563	68,928
$ 44,059 6,479	15,065 2,215	59,124 8,694
$ 50,538	17,280	67,818
$ - - -	7,543 331 399	7,543 331 399
$ -	8,273	8,273

～ 19 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Land $ - - -	Building and construction 6,157 510 948	Total 6,157 510 948
$ -	7,615	7,615
$ 48,882	9,171	58,053
$ 51,365	9,290	60,655
$ 44,059	8,908	52,967
$ 50,538	9,665	60,203

There was no significant differences of Group’s fair value of investment property which compared with the consolidated financial statements Note 6(k) for the year ended December 31, 2022. The investment property was not pledged as collateral.

(l) Intangible assets

The movements of intangible assets were as follows:

Patent $ 3,203 233 (410) -	Computer software cost 9,057 119 - 33	Membership card 2,750 - - -	Total amount 15,010 352 (410) 33
$ 3,026	9,209	2,750	14,985
$ 3,029 122 -	8,991 27 95	- 2,750 -	12,020 2,899 95
$ 3,151	9,113	2,750	15,014
$ 1,831 203 (410) -	7,932 783 - 33	- - - -	9,763 986 (410) 33
$ 1,624	8,748	-	10,372
$ 1,494 269 -	6,841 794 94	- - -	8,335 1,063 94
$ 1,763	7,729	-	9,492

～ 20 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Computer software cost 1,125	Membership card 2,750	Total amount 5,247
461	2,750	4,613
2,150	-	3,685
1,384	2,750	5,522

The intangible assets of the group were not pledged as collateral.

(m) Short-term loans

The details of short-term loans were as follows:

Unsecured bank loans Unused lines of credit Range of interest rates	September 30,2023 $ -	December 31,2022 270,000	September 30,2022 60,000
	$ 1,928,008	1,565,680	1,784,000
	-	1.21%~1.70%	1.05%~1.18%

Short-term loans were not pledged as collateral.

Please refer to note 6(z) for the interest rate risk and sensitivity analysis of the financial liabilities of the Group.

(n) Other payables

Salaries and bonus payables Employee remuneration payables Directors’ and supervisors’ remuneration payables Employee benefit liabilities Notes and accounts payable for equipments Others	September 30,2023 $ 171,737 23,368 14,020 32,116 8,553 117,552	December 31,2022 166,390 27,018 12,786 31,402 16,769 133,558	September 30,2022 149,315 24,683 13,778 29,544 20,009 143,681
	$ 367,346	387,923	381,010

(o) Long-term loans

The details of long-term loans were as follows:

September 30,2023 $ 400,000 - 1,820	December 31,2022 - 400,000 987	September 30,2022 400,000 - 2,041
$ 398,180	399,013	397,959
$ 400,000	400,000	400,000
2.0380%	1.8965%	1.6757%

～ 21 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES Notes to consolidated financial statements

The Group signed a 5-year syndicated loan contract with E-SUN bank and six other banks on May 15, 2020, with a revolving credit line of $800,000 from the first appropriation date to maturity date, wherein $800,000 can be appropriated by using the banks’ own fund and $600,000 by using Group-issued commercial paper guaranteed by the banks, and the combined credit line should not exceed $800,000. According to the loan contract, 9 months after the date the contract was signed will be considered as the first appropriation date to calculate the revolving credit even if the credit line is unused after 9 months. The credit line, with a total of five phases, decreases every 6 months, beginning the 36th month after the first appropriation date. The first to fourth phases of the total credit line amounting to $800,000 will decrease by 12.5%, and the fifth phase will decrease by 50%. As the credit line decreases, the residual of the excess credit line will be repaid upon maturity. The Group issued a total of $400,000 commercial paper on February 5, 2021. For the related information and concerned restricted terms, please refer to Note 6(o) of 2022 consolidated financial statements.

Assets pledged as collateral for long-term borrowings are disclosed in note 8.

(p) Lease liabilities

The details of lease liabilities were as follow:

September 30, 2023 December 31, 2022 Current $ 7,891 13,418 Non-Current $ 51,459 55,052 For maturity analysis, please refer to Note 6 (z) Finanical Instruments. The amounts recognized in profit or loss were as follow: July to September, 2023 July to September, 2022 January to September, 2023 Interest on lease liabilities $ 553 724 1,770 Expenses relating to short-term leases $ 823 83 1,237 Expenses relating to leases of low-value assets, excluding short-term leases of low-value assets $ 79 67 203	September 30, 2023 $ 7,891	September 30, 2023 $ 7,891	December 31, 2022 13,418	December 31, 2022 13,418

	$ 51,459		55,052
$ 823		83		1,237
$ 79		67		203

For maturity analysis, please refer to Note 6 (z) Finanical Instruments. The amounts recognized in profit or loss were as follow:

The amounts recognized in the statement of cash flows for the Group were as follow ：

Total cash outflow for leases	For the nine months ended September 30 2023 2022 $ 13,350 13,794
	2023 $ 13,350

(i) Lease of land, building and construction

The Group leases land and buildings for its office use. The leases of land and buildings run for approximately 2 to 10 years, and the lease period of office premises is usually 2 to 3 years. Lease payments for certain contracts are subject to changes in the local price index, which usually occur once a year.

～ 22 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES Notes to consolidated financial statements

The lease agreements for some of the equipments include the option to extend the lease or terminate the lease, which are managed separately by each region, and therefore the individual terms and conditions agreed upon are different within the Group. These options are only for the Group to have enforceable rights and the lessor does not have this right. In the event that it is not possible to reasonably determined the period of the extended lease that will be exercisable, the related payments over the period covered by the option are not included in the lease liability. (ii) Other leases

The lease period for the Group leased transportation equipment is two to three years. In addition, the lease term of the Group leased machinery and equipment is one to three years. These leases are short-term or low-value leases. The Group chooses to apply the exemption recognition requirement without recognizing its related right-of-use assets and lease liabilities.

(q) Operating lease

There was no increase for operating lease for the nine months ended September 30, 2023 and 2022, for detail of Investment property leases, please refer to Note 6(q) of the 2022 consolidated financial statements.

(r) Employee benefits

(i) Defined benefit plan

There were no significant market fluctuations, curtailments, settlement or other one-time events after the end of the previous financial year, the pension cost measurement and disclosure of interim pension cost were calculated based on actuarial adopted on December 31, 2022 and 2021. Cost recognized in expense was as below:

July to September,2023	July to September,2022	January to September, 2023	January to September, 2022
$ 441 31 76 54	251 17 42 31	1,320 95 225 164	749 49 129 94
$ 602	341	1,804	1,021
	July to September,2022	January to September, 2023	January to September, 2022
$ 6,858 1,738 652 811	7,077 1,552 576 749	20,604 5,032 1,889 2,359	21,643 4,801 1,831 2,186
$ 10,059	9,954	29,884	30,461

～ 23 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(s) Income tax

Income tax expense for the period is best estimated by multiplying pretax income for the interim

reporting period with the effective annual tax rate as forecasted by management.

(i) The amounts of income tax expense (benefit) were as follows `：`

Current tax expense Current Adjustment for prior periods Income tax expense	July to September,2023	July to September,2022	January to September, 2023	January to September, 2022
	$ 36,274 139	40,517 (2,748)	81,831 (1,896)	79,338 (2,739)
	$ 36,413	37,769	79,935	76,599

(ii) For the nine months ended September 30, 2023 and 2022 no income tax was recognized directly in equity.

(iii) The amount of income tax recognized in other comprehensive income were as follows ：

Items that will not be reclassified subsequently to profit or loss`：` Unrealized gains or losses from investments in equity instruments measured at FVOCI	July to September,2023	July to September,2022	January to September, 2023	January to September, 2022
	$ -	-	-	(232)

(iv) Approval of income tax

The Company’s income tax returns for all fiscal years up to 2021 have been examined and approved by the R.O.C tax authority.

(t) Share capital and other equity

The Group had no share capital change for the nine months ended Septembe 30, 2023 and 2022 except below statement. Please refer to Note 6(t) of 2022 consolidated financial statements for detail information.

(i) Ordinary shares

As of September 30, 2023, December 31, 2022 and September 30, 2022, the authorized share capital of the Company amounted to $3,500,000, comprising 350,000 thousand shares with a par value of New Taiwan dollars (TWD) 10 per share. Issued shares were both 157,408 thousand shares.

～ 24 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Reconciliation of shares issued by the Company was as follows:

Balance on January 1 Retirement of treasury shares Balance on September 30	Expressed in thousands of thousand shares Ordinary shares 2023 2022 157,408 162,408 - (5,000) 157,408 157,408
	157,408

The 5,000 thousand treasury shares repurchased in 2019 to transfer to employees had been overdue, and therefore they were regarded as unissued. The Company retired the treasury shares based on a resolution approved during the board meeting held on January 12, 2022. The related registration procedures had been completed.

The weighted average numbers of shares of common stock outstanding excluded treasury stock and the common stock held by the Company’s subsidiaries were both 148,614 thousand shares.

(ii) Capital surplus

Capital surplus was as follows ：

Treasury stock Disgorgement Return of employee stock ownership trust Total	September 30, 2023 $ 49,388 473 430	December 31, 2022 35,317 473 50	September 30, 2022 35,317 473 50 35,840
	$ 50,291	35,840

(iii) Earnings distribution

The appropriations of earnings for 2022 and 2021 have been approved in the meeting of the board of directors held on March 9, 2023 and March 10, 2022, the appropriation and dividend per share were as follows：

Dividends distributed to ordinary shareholders (TWD)`：` Cash	2022 $ 1.6	2021 1.2

(iv) Other equity (net of tax)

Balance at January 1, 2023 `－`Changes of the Group Disposal of investments in equity instrument measured at FVOCI Balance at September 30, 2023	Foreign exchange differences arising from foreign operation	Unrealized gains (losses) on financial assets measured at FVOCI (115,914) 131,874 (93,369)	Total (120,343) 141,615 (93,369) (72,097)
	$ (4,429) 9,741 -
	$ 5,312	(77,409)

～ 25 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Balance at January 1, 2022 `－`Changes of the Group Disposal of investments in equity instrument measured at FVOCI Balance at September 30, 2022	Foreign exchange differences arising from foreign operation $ (29,998) 26,637 -	Unrealized gains (losses) on financial assets measured at FVOCI (74,493) (30,412) (9,309)	Total (104,491) (3,775) (9,309) (117,575)
	$ (3,361)	(114,214)

(v)Treasury stock

The changes of treasury stocks were as follows：

(Expressed in thousands of shares) Reason to buy back Beginning Shares Increase shares Decrease shares Ending share January to September, 2022 Transfer to employees 5,000 - (5,000) -

In accordance with Article 28-2 of the Securities and Exchange Act requirements as stated above, the number of shares repurchased should not exceed 10 percent of all shares outstanding. Also, the value of the repurchased shares should not exceed the sum of the Company’s retained earnings, share premium, and realized capital reserves. The aforementioned repurchased shares and amount did not exceed statutory limit.

As of September 30, 2023, December 31 and September 30, 2022, the costs of treasury stocks were $0.

In accordance with Securities and Exchange Act requirements, treasury stocks held by the Company should not be pledged, and do not hold shareholder rights before their transfer.

Ying Dar Corp. and Bae Haw Corp., 100%-owned subsidiaries of the Company, held the Company’s common stock. For the nine months ended September 30, 2023 and 2022, Ying Dar Corp. and Bae Haw Corp. did not purchase or dispose any of the Company’s shares. As of September 30, 2023, December 31 and September 30, 2022, Ying Dar Corp. and Bae Haw Corp. together held 8,794 thousand shares of the Company’s common stock, the cost was $122,282 which was recognized in treasury stocks. As of September 30, 2023, December 31 and September 30, 2022, their market values amounted to $276,584,$178,526 and $175,448, respectively.

(u) Earnings per share

Earnings per share	Earnings per share	Earnings per share
The calculation of basic earnings per share and diluted earnings July to September, 2023 July to September, 2022 Basic earnings per share Profit attributable to owners of parent $ 135,781 151,695 Weighted-average number of ordinary shares at end of year (expressed in thousands of shares) 148,614 148,614 Expressed in New Taiwan dollars $ 0.91 1.02			per share were January to September, 2023	as follows`：` January to September, 2022
	$ 135,781	151,695	352,856	346,663 148,614 2.33
	148,614	148,614	148,614
	$ 0.91	1.02	2.37

～ 26 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

July to September, 2023	July to September, 2022	January to September, 2023
$ 135,781	151,695	352,856
148,614 293	148,614 604	148,614 1,021
148,907	149,218	149,635
$ 0.91	1.02	2.36

In computing above basic earnings (loss) per share of ordinary stock for the nine months ended September 30, 2023 and 2022, the weighted-average numbers of shares of common stock outstanding excluded 8,794 thousand shares of common stock held by the Company’s subsidiaries as treasury stock.

(v) Revenue from Contracts with Customers

(i) Disaggregation of revenue

	July toSeptember, 2023	July toSeptember, 2023
Domestic $ 508,423 137 132,552	North America 12 394,580 83,663	Other operating department 106 - 36
$ 641,112	478,255	142
$ 154,291 484,648 2,173	132,409 343,777 2,069	- - 142
$ 641,112	478,255	142
	July to September, 2022
Domestic $ 648,797 - 200,844	North America - 347,436 78,810	Other operating department 222 - 15
$ 849,641	426,246	237

～ 27 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

	July to September, 2022	July to September, 2022	Total 392,880 859,283 23,961
Domestic $ 245,959 583,658 20,024	North America 146,921 275,625 3,700	Other operating department - - 237
$ 849,641	426,246	237	1,276,124
Domestic $ 1,772,080 4,542 591,720	January toSeptember, 2023		Total 1,772,459 883,546 800,920 3,456,925 1,032,837 2,389,454 34,634 3,456,925 Total 1,831,221 884,655 785,403 3,501,279 1,170,445 2,245,725 85,109 3,501,279
	North America 12 879,004 209,027	Other operating department 367 - 173
$ 2,368,342	1,088,043	540
$ 646,307 1,696,945 25,090	386,530 692,509 9,004	- - 540
$ 2,368,342	1,088,043	540
Domestic $ 1,830,742 17 591,677
	North America - 884,638 193,648	Other operating department 479 - 78
$ 2,422,436	1,078,286	557
$ 769,609 1,594,063 58,764	400,836 651,662 25,788	- - 557
$ 2,422,436	1,078,286	557

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(ii) Contract balance

(ii) Contract balance
Accounts receivable (including related parties) Less: allowance for impairment Total Contract liability`－`Unearned revenue (recognized in other current liabilities)	September 30, 2023	December 31, 2022	September 30, 2022 734,157 (5,744) 728,413 65,243
	$ 749,784 (893)	704,601 (6,119)
	$ 748,891	698,482
	$ 70,795	56,237

Please refer to Noet 6(d) for accounts receivables and impairment. The amount of revenue recognized for the three months and nine months ended September 30, 2023 and 2022, that was included in the contract liability balance at the beginning of the period were $12,981, $6,967, $25,918 and $17,597, respectively.

(w) Employee’s remuneration, and directors’ remuneration

According to the Company’s articles of association, the Company should contribute no less than 5% of the profit as employee remuneration and a maximum of 3% as directors’ remuneration when there is profit for the year. However, certain amounts of the earnings should be reserved if there is an accumulated loss from operations in previous years in advance of the appropriation of the employee bonuses. The aforementioned employee bonuses will be distributed in cash or stock to employees who satisfy certain specifications of the Group and its affiliates.

The Company accrued the remuneration of employees and directors' amount were as follows ：

Employee’s remuneration Directors’ remuneration	July to September, 2023	July to September, 2022	January to Septembet, 2023	January to Septembet, 2022 24,683 13,778
	$ 9,232	12,051	23,368
	$ 5,538	6,199	14,020

The above amount were estimated as the Company’s net income before tax, excluding remuneration of employees and remuneration of directors, multiplied by the appropriate percentage in compliance with the Company’s articles. These expenses were recognized in operating costs and operating expenses for the respective period. In case the variances between actual and estimated expenses occur during next year, the variances concerned will be recognized in next year’s profit. If the Company’s Board of Directors resolve to issue its stocks as the remuneration of employees, it will be calculated based on the closing price of its stock on the day before the approval by of Directors.

The accrued compensation of employees amounted to $27,018 and $14,486 for 2022 and 2021, respectively, and the accrued remuneration of directors’ amounted to $16,211 and $8,691 respectively. Actual distribution had no difference with accrued amounts. The previous distribution of compensation to employees, remuneration of directors approved by Board of Directors for related information, please go to website: http://mops.twse.com.tw.

(x) Other operating income and expenses

Net other income (expenses) consists of rental income from investment property and lending space.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(y) Non-operating income and expenses

(i) Interest income

The details of interest income were as follows ：

July to September, 2023	July to September, 2022	January to Septembet, 2023	January to Septembet, 2022
$ 6,971 909	1,080 4	26,486 2,153	1,594 12 1,606 January to Septembet, 2022
$ 7,880	1,084	28,639
		January to Septembet, 2023
$ 5,732 1,848	15,495 214	23,412 2,167	25,799 542 26,341 January to Septembet, 2022
$ 7,580	15,709	25,579
		January to Septembet, 2023
$ 50,887 (122) (20) (650)	69,285 7,768 - (643)	66,219 4,386 206 (3,837)	132,380 7,071 330 (1,397) 138,384 January to Septembet, 2022
$ 50,095	76,410	66,974
	July to September, 2022	January to Septembet, 2023
$ 2,121 553 50	1,799 724 50	7,931 1,770 150	4,700 2,172 150 7,022
$ 2,724	2,573	9,851

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(z) Financial instruments

There was no significant change of the Group’s fair value of financial instruments, exposure to credit risk, liquidity risk and market risk except below statements. Please refer to Note 6(z) of 2022 consolidated financial statements.

(i) Credit risk

1) Exposure to credit risk

The Group’s maximum exposure to credit risk was the carrying amount of financial assets and contract assets.

2) Concentration of credit risk

As of September 30, 2023, December 31, 2022, and September 30, 2022, two customers accounted

for 37.73% 、 38.90% and 37.17% of total accounts receivable balance. 3) Accounts receivable of credit risk

Please refer to Note 6(d) for notes receivable and accounts receivable of credit risk exposure. Other financial assets measured at amortized cost including other accounts receivable, refundable deposits, and certificate deposit recognized as debt instrument without active market. All of these financial assets are considered to be low risk, and thus the impairment provision recognized during the period was limited to 12 months expected credit losses. None of the expected credit losses that should be included in the assessment. Please refer to Note 6(e) and 6(g).

(ii) Liquidity risk

Details of financial liabilities categorized by due dates were as follows. The amounts include

interest expenses but exclude the impacts of negotiated net amounts.

September 30, 2023 Non-derivative financial liabilities Secured Long-term loans (including long term loans, current portion)(floating rate) Accounts payable (no interest) Notes payable (no interest) Other payable (no interest) Lease liability (fixed interest rate) Guarantee deposits received (no interest)	Carrying amount $ 398,180 541,043 20 367,346 59,350 629	Contracted cash flows (419,163) (541,043) (20) (367,346) (85,118) (629)	Due within 6 months (4,065) (541,043) (20) (367,346) (6,870) -	Due in 6-12 months (4,087) - - - (2,871) (34)	Due in 1-2 years (8,152) - - - (4,195) -	Due in 2-5 years (402,859) - - - (10,611) (595)	Due in over 5 years - - - - (60,571) -
	$ 1,366,568	(1,413,319)	(919,344)	(6,992)	(12,347)	(414,065)	(60,571)

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Carrying amount $ 399,013 270,000 581,980 20 387,923 68,470 600 1,933	Contracted cash flows (423,506) (270,854) (581,980) (20) (387,923) (95,830) (600) 93,835 (92,130)	Due within 6 months (3,741) (270,854) (581,980) (20) (387,923) (8,222) - 93,835 (92,130)	Due in 6-12 months (3,824) - - - - (7,405) - - -	Due in 1-2years (7,607) - - - - (6,521) (34) - -	Due in 2-5years (408,334) - - - - (10,805) (566) - -	Due in over 5 years - - - - - (62,877) - - -
$ 1,709,939	(1,759,008)	(1,251,035)	(11,229)	(14,162)	(419,705)	(62,877)
$ 397,959 60,000 565,694 33 381,010 71,809 619	(422,459) (60,062) (565,694) (33) (381,010) (99,833) (619)	(3,324) (60,062) (565,694) (33) (381,010) (8,218) -	(3,361) - - - - (7,794) -	(6,721) - - - - (9,218) (619)	(409,053) - - - - (10,958) -	- - - - - (63,645) -
$ 1,477,124	(1,529,710)	(1,018,341)	(11,155)	(16,558)	(420,011)	(63,645)

The Group does not expect that the cash flows could occur significantly earlier or at significantly different amount.

(iii) Market Risk

1) Currency risk

Significant financial assets and liabilities exposed to foreign currency risk were as follows ：

December 31, 2022 Foreign currency Exchange rate TWD amount 70,108 30.71 2,153,031 3,900 0.2324 906 5,426 4.408 23,916 3,000 30.71 92,130 20,382 30.71 625,933 16,711 0.2324 3,884 3,000 30.71 92,130	December 31, 2022 Foreign currency Exchange rate TWD amount 70,108 30.71 2,153,031 3,900 0.2324 906 5,426 4.408 23,916 3,000 30.71 92,130 20,382 30.71 625,933 16,711 0.2324 3,884 3,000 30.71 92,130	September 30, 2022 Foreign currency Exchange rate TWD amount 58,112 31.75 1,845,066 4,369 0.2201 962 7,352 4.473 32,886 4,000 31.75 127,000 21,119 31.75 670,541 19,251 0.2201 4,237 - - -	September 30, 2022 Foreign currency Exchange rate TWD amount 58,112 31.75 1,845,066 4,369 0.2201 962 7,352 4.473 32,886 4,000 31.75 127,000 21,119 31.75 670,541 19,251 0.2201 4,237 - - -
Foreign currency	Exchange rate	Foreign currency 58,112 4,369 7,352 4,000 21,119 19,251 -	Exchange rate
70,108 3,900 5,426 3,000 20,382 16,711 3,000	30.71 0.2324 4.408 30.71 30.71 0.2324 30.71		31.75 0.2201 4.473 31.75 31.75 0.2201 -

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

The Group’s exposure to foreign currency risk arises from the translation of the cash and cash equivalents, accounts receivable, other receivables, financial assets and liabilities measured at fair value through profit or loss, financial assets measured at fair value through other comprehensive income, accounts payables, and other payables. As of September 30, 2023 and 2022, if the exchange rate of the TWD versus the USD, CNY and JPY have increased or decreased by 1%, given no changes in other factors. For the nine months ended September 30, 2023 and 2022, profit after tax would have increased or decreased by $9,583 and $8,022, and other comprehensive income after tax would have increased or decreased by $749 and $0, respectively. The analysis is performed on the same basis of prior year.

The Group has variety kinds of functional currencies, hence we use summarized method to disclose exchange gain (loss) of monetary items. For the three months and the nine months ended September 30, 2023 and 2022, foreign exchange gain or loss (including realized and unrealized) amounted to gain $50,887, gain $69,285, gain $66,219 and gain $132,380, respectively.

2) Interest rate analysis

Please refer to liquidity tisk management for the detail of Group’s financial liabilities’ interest exposure.

The sensitivity analysis of interest was made based on the interest rate of derivative and nonderivative instruments at the reporting date. The analysis of liabilities bearing floating interest rates was prepared based on the assumption that the outstanding amount at the reporting date had existed for the whole year. When internal report to the Group’s top management regarding the interest rate change, they use 0.25% increase or decrease of interest rate assumption as the interest rate change which also represents this is the reasonable interest rate range assessed by the top management.

If interest rates on loans had increased or decreased by 0.25% with all other variables held constantly, profit after tax for the nine months ended September 30, 2023 and 2022 would have been decreased or increased by $600 and $690, respectively, mainly as a result of liabilities bearing floating interest rates.

3) Other price risk

If the prices of financial instrument change at reporting date, with all other variables held constant, the influences were as follows ：

Equity price at reporting date Increase 3% Decrease 3%	For the nine months 2023 Other comprehensive income after tax Net profit (loss) $ 15,104 2,248 $ (15,104) (2,248)	For the nine months 2023 Other comprehensive income after tax Net profit (loss) $ 15,104 2,248 $ (15,104) (2,248)	ended September 30 2022 Other comprehensive income after tax Net profit (loss) 14,777 - (14,777) -	ended September 30 2022 Other comprehensive income after tax Net profit (loss) 14,777 - (14,777) -
	$ (15,104)	(2,248)	(14,777)	-

(iv) Fair value

1) Categories and fair values of financial instruments

The fair value of financial assets and liabilities at fair value through profit or loss, and financial assets at fair value through other comprehensive income, are measured on a recurring basis. The following table shows the carrying amount and fair value of financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information on financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value and on investments in equity instruments which do not have any quoted price in an active market and lease liability.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

		September 30, 2023	September 30, 2023
Carrying Amount $ 93,642		Fair value
	Level 1 93,462 93,569 283,114 - - - - - - - - - - - -	Level 2 - - - - - - - - - - - - - - - December 31,	Level 3 - - - 145,562 - - - - - - - - - - - 2022

93,569 283,114 145,562
522,245
1,316,587 748,891 2,602 2,328 9,701
2,080,109
$ 2,695,996
$ 398,180 20 541,043 367,346 59,350 629
$ 1,366,568

Carrying Amount $ 399		Fair value
	Level 1 - 59,747 328,227 - - - - - - - - - - - - -	Level 2 399 - - - - - - - - 1,933 - - - - - -	Level 3 - - - 154,942 - - - - - - - - - - - -

59,747 328,227 154,942
542,916
1,307,122 698,482 3,378 2,558 9,593
2,021,133
$ 2,564,448
$ 1,933
669,013 20 581,980 387,923 68,470 600
1,708,006
$ 1,709,939

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

		September 30, 2022	September 30, 2022
Carrying Amount 5,461		Fairvalue
	Level 1 - 321,033 - - - - - - - - - - - -	Level 2 5,461 - - - - - - - - - - - - -	Level 3 - - 171,466 - - - - - - - - - - -

321,033 171,466
492,499
1,066,283 728,413 1,498 2,547 9,535
1,808,276
$ 2,306,236
457,959 33 565,694 381,010 71,809 619
1,477,124
$ 1,477,124

The Group measures its assets and liabilities use input observable market data. The fair value hierarchy categorizes the inputs used in valuation techniques are as follows ：

Level 1: quoted prices (unadjusted) in the active markets for identified assets or liabilities.
Level 2: inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices).
Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs).
2) Valuation techniques and assumptions used in fair value determination Non-derivative instruments

If a financial instrument has a quoted price in an active market, the quoted price is used as fair

value. Quoted prices of major stock exchanges and quoted prices of government bonds are the basis for measuring the fair value of stocks listed on an exchange, stocks listed on the OTC, and debt instruments with quoted prices in an active market.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

The fair values of the Group’s listed securities and open-end funds with standard terms and conditions and traded in active markets are determined by the quoted market prices.

Measurements of fair value of financial instruments without active market are based on valuation technique or quoted price from competitor. Fair value measured by valuation technique can be extrapolated from similar financial instruments, discounted cash flow method or other valuation technique. Using discounted cash flow method to calculate fair value, the main assumption is to reflect monetary time value and return of invest risk to discount and measure based on investee’s estimated future cash flow.

Derivative instruments

The fair value of Swap contracts and Forward exchange contract is based on quoted prices from the counterparty.

3) Transfer between level 1 and level 2

There was no transfer between the fair value hierarchy levels for the year ended September 30, 2023 and 2022.

4) Movement of financial assets through other comprehensive income categorized within Level 3.

Balance at January 1, 2023 Recognized in other comprehensive income Balance at September 30, 2023 Balance at January 1, 2022 Recognized in other comprehensive income Balance at September 30, 2022	Financial assets at fair value through other comprehensive income Unquoted equity instruments $ 154,942 (9,380) $ 145,562 $ 112,586 58,880 $ 171,466

5) Quantified information on significant unobservable inputs (Level 3) used in fair value measurement.

The Group’s financial instruments that use Level 3 inputs to measure fair value include financial assets measured at fair value through other comprehensive income– equity investments.

The Group’s equity investments without active market in Level 3 have more than one significant unobservable input. The significant unobservable inputs of equity investments without active market are individually independent, and there is no correlation between them.

Quantified information of significant unobservable inputs was as follow：

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

Item Financial assets at fair value through other comprehensive income-equity investments without an active market	Valuation technique Significant unobservable inputs Discounted Cash Flow Method `‧`Continuing growth rate (as of September 30, 2023, December 31, 2022 and September 30, 2022 was 1.44%) `‧`Weighted average cost of capital (as of September 30, 2023, December 31, 2022 and September 30, 2022 ranged from 14.3428%`、`12.0298% and 9.80%, respectively) `‧`Market illiquidity discount rate (as of September 30, 2023, December 31, 2022 and September 30, 2022 ranged from 30.34%`、`33.76% and 34.53%, respectively) `‧`Non-controlling interests discount rate (as of September 30, 2023, December 31, 2022 and September 30, 2022 was 29.48%)	Inter-relationship between significant unobservable inputs and fair value measurement
		`．` If the continuing growth rate was higher, the estimated fair value would increase. `．` If WACC were higher, the estimated fair value would decrease. `．` If the market illiquidity discount rate was higher, the estimated fair value would decrease. `．` If the non-controlling interests discount rate was higher, the estimated fair value would decrease.

Financial assets at fair Net Asset Value ． Net Asset Value N/A value through other Method comprehensive incomeequity investments without an active market

6) Fair value measurements in Level 3 – sensitivity analysis of reasonably possible alternative assumption

The Group’s measurement on the fair value of financial instruments is deemed reasonable despite different valuation models or assumptions may lead to different results. For fair value measurements in Level 3, changing one or more of the assumptions would have the following effects on other comprehensive income：

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

	Inputs September 30, 2023 Continuing growth rate 1.44% Weighted average cost of capital 14.3428% Market illiquidity discount rate 30.34% Non-controlling interests discount rate 29.48% December 31, 2022 Continuing growth rate 1.44% Weighted average cost of capital 12.0298% Market illiquidity discount rate 33.76% Non-controlling interests discount rate 29.48% September 30, 2022 Continuing growth rate 1.44% Weighted average cost of capital 9.80% Market illiquidity discount rate 34.53% Non-controlling interests discount rate 29.48%	Changes in fair value reflected in OCI Fluctuation in inputs Favorable Unfavorable 0.1% $ 630 700 0.1% 1,050 980 1% 1,680 1,680 1% 1,680 1,610 0.1% $ 910 910 0.1% 1,470 1,470 1% 2,030 2,030 1% 1,890 1,890 0.1% $ 1,470 1,540 0.1% 1,890 1,890 1% 2,310 2,310 1% 2,170 2,170

The favorable and unfavorable effects represented the changes in fair value, and fair value was based on a variety of unobservable inputs calculated using a valuation technique. The analysis above only reflected the effects of changes in a single input, and it did not include the interrelationships and variances with another input.

(aa) Financial risk management

There was no significant change of the Group’s financial risk management objectives and policy as disclosed in 2022 consolidated report. Please refer to Note 6(aa) of 2022 consolidated financial statements.

(ab) Capital management

The Group’s capital management objectives, policies and procedures were compliance with 2022 consolidated financial statements. Further, there was no significant change of the summary quantitative information as disclosed in 2022 consolidated financial statements. Please refer to Note 6(ab) of 2022 consolidated financial statements.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(ac) Financing activities of non-cash transaction

The Group’s investing and financing activities which did not affect the current cash flow were as follows ：

(i) Please refer to Note 6(j) for right of use assets.

(ii) Reconciliation of liabilities arising from financing activities were as follows `：`

January 1, 2023 $ 270,000 399,013 68,470 600	Non-cash changes Foreign exchange movement Amortized Other (Note) - - - - (833) - (31) - 1,268 29 - - (2) (833) 1,268 Non-cash changes Foreign exchange movement Amortized Other (Note) - - - - (390) - 285 - 1,071 75 - - 360 (390) 1,071	Non-cash changes Foreign exchange movement Amortized Other (Note) - - - - (833) - (31) - 1,268 29 - - (2) (833) 1,268 Non-cash changes Foreign exchange movement Amortized Other (Note) - - - - (390) - 285 - 1,071 75 - - 360 (390) 1,071	Non-cash changes Foreign exchange movement Amortized Other (Note) - - - - (833) - (31) - 1,268 29 - - (2) (833) 1,268 Non-cash changes Foreign exchange movement Amortized Other (Note) - - - - (390) - 285 - 1,071 75 - - 360 (390) 1,071
$ 738,083
January 1, 2022 $ - 398,349 80,374 544
		Amortized - (390) - -
$ 479,267	360	(390)	1,071

(Note) Obtain (Reduce) the right-of-use assets

(7) Transactions with Related Parties

Compensation of key management personnel

The information on key management personnel compensation was as follows：

Short-term employee benefits Post-employment benefits	July to September, 2023	July to September, 2022	January to September, 2023	January to September, 2022
	$ 13,805 166	14,292 136	39,519 490	35,660 401
	$ 13,971	14,428	40,009	36,061

(8) Pledged Assets

The details and carrying values of pledged assets were as follows ：

Pledged Assets Restricted time deposits-current Property,plant and equipment`－` buildings	Purpose Guarantee for customs $ Guarantee for long- term loans $	September 30, 2023 2,328 172,409 174,737	December 31,2022 2,558 169,893 172,451	September 30,2022 2,547 169,367
				171,914

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(9) Commitments and Contingencies:

(a) As of September 30, 2023, December 31, 2022 and September 30, 2022, the Group has signed contracts for the purchase of equipments. The unrecognized contingencies of those contracts amounted to $26,531, $27,801 and $14,878, respectively.
(b) As of September 30, 2022, the Group has signed contracts for significant office real estate. The unrecognized contingencies of this contracts amounted to $64,132.
(10) Losses Due to Major Disasters: None

(11) Significant Subsequent Events: None

(12) Other
(a) The details of the Group’s employee benefits, depreciation, and amortization were as follows：

	For the three months ended September 30	For the three months ended September 30	For the three months ended September 30	For the three months ended September 30	For the three months ended September 30	For the three months ended September 30
By function By item	2023			2022
	Recorded as operating cost	Recorded as operating expenses	Total	Recorded as operating cost	Recorded as operating expenses	Total
Employee benefits (Note) Depreciation Amortization	152,882 14,154 72	87,306 3,735 259	240,188 17,889 331	172,604 14,047 140	84,713 3,649 258	257,317 17,696 398

	For the nine months ended September 30
By function By item	2023			2022
	Recorded as operating cost	Recorded as operating expenses	Total	Recorded as operating cost	Recorded as operating expenses	Total
Employee benefits (Note) Depreciation Amortization	459,659 41,726 218	256,951 11,858 768	716,610 53,584 986	467,952 38,211 284	232,069 9,895 779	700,021 48,106 1,063

(b) Seasonal operation：

The operation of the Group hadn’t been affected by either seasonal or periodical factors.

(13) Supplementary Disclosure Requirements

(a) Information on significant transactions：

In accordance with the ROC “Guidelines Governing the Preparation of Financial Reports by Securities Issuers”, the required disclosures for the nine months ended September 30, 2023 were as

follows：

(i) Loans extended to other parties：None

(ii) Guarantees provided to other parties: None

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(iii) Securities owned as of September 30,2023(subsidiaries, associates and joint ventures not included)：

Name of security holder	Name of security and type	Relationship between issuer of security and the security holder	Financial statement account	September 30,2023	September 30,2023	September 30,2023	September 30,2023	Remarks
				Units (shares)	Carrying Value	Percentage of ownership	Fair value
The Company	FTGF Western Asset Short Duration Blue Chip Bond Fund-A USD Acc USD		Financial assets at FVOCI`－` current	8,202.773	32,474		32,474
The Company	Franklin Templeton Investment Funds- Franklin Strategic Income Fund Class A (acc) USD	-	Financial assets at FVOCI`－` current	64,184.852	31,918	-	31,918	-
The Company	Yuanta Japan Leaders Equity Fund-TWD(A)	-	Financial assets at FVOCI`－` current	3,000,000	29,250	-	29,250	-
The Company	Corporate bonds FORCAY	-	Financial assets at FVOCI`－` current	1,000,000	31,067	-	31,067	-
The Company	Corporate bonds TAISEM	-	Financial assets at FVOCI`－` current	1,020,000	31,477	-	31,477	-
The Company	Corporate bonds BAC	-	Financial assets at FVOCI`－` current	1,000,000	31,025	-	31,025	-
The Company	Ascendax Venture Capital Corp. stock	-	Financial assets at FVOCI`－` noncurrent	1,924,230	28,382	5.25 %	28,382	-
The Company	Chenfeng Optronics Corp. stock	-	Financial assets at FVOCI`－` noncurrent	1,000,000	16,740	1.06 %	16,740	-
The Company	Fubon Financial Holding Co., Ltd. Preferred Shares B	-	Financial assets at FVOCI`－` noncurrent	13,845	828	-	828	-
The Company	Innolux Corp. stock	-	Financial assets at FVOCI`－` current	986,209	12,969	0.01 %	12,969	-
The Company	Pegatron Co., Ltd. stock	-	Financial assets at FVOCI`－` current	216,000	16,546	0.01 %	16,546	-
The Company	Chicony Electronics Co.,Ltd. stock	-	Financial assets at FVOCI`－` current	300,000	34,650	0.04 %	34,650	-
The Company	Mega Financial Holding Co., Ltd. stock	-	Financial assets at FVOCI`－` current	1,277,035	48,144	0.01 %	48,144	-
The Company	Taiwan Cement Corp.,Ltd. stock	-	Financial assets at FVOCI`－` current	868,943	28,892	0.01 %	28,892	-
The Company	ASE Technology Holding Co.,Ltd. stock	-	Financial assets at FVOCI`－` current	295,000	32,302	0.01 %	32,302	-
The Company	Nan Ya Plastics Corporation. stock	-	Financial assets at FVOCI`－` current	300,000	19,980	-	19,980	-
The Company	China Development Financial Holding Corp. stock	-	Financial assets at FVOCI`－` current	1,800,000	21,240	0.01 %	21,240	-
The Company	Evergreen Marine Corp. (Taiwan) Ltd. stock	-	Financial assets at FVOCI`－` current	84,000	9,744	-	9,744	-
The Company	United Microelectronics Corp. stock	-	Financial assets at FVOCI`－` current	100,000	4,520	-	4,520	-
The Company	Coasia Microelectronics Corp. stock	-	Financial assets at FVOCI`－` current	472,239	5,006	0.32 %	5,006	-
The Company	Shian Yih Electronic Co.,Ltd. stock	-	Financial assets at FVOCI`－` current	480,000	16,440	0.78 %	16,440	-
Ying Dar Investment Development Corp	Shian Yih Electronic Co.,Ltd. stock	-	Financial assets at FVOCI`－` current	550,000	18,838	0.90 %	18,838	-
Ying Dar Investment Development Corp	The Company’s stock	The Company	Financial assets at FVOCI`－` noncurrent	5,346,672	168,153	3.40 %	168,153	(Note)
Bae Haw Investment Development Corp	Everest Technology Inc.	-	Financial assets at FVOCI`－` noncurrent	1,000,000	-	1.47 %	-	-
Bae Haw Investment Development Corp	Shian Yih Electronic Co.,Ltd. stock	-	Financial assets at FVOCI`－` current	380,000	13,015	0.62 %	13,015	-
Bae Haw Investment Development Corp	The Company’s stock	The Company	Financial assets at FVOCI`－` noncurrent	3,447,716	108,431	2.19 %	108,431	(Note)
Ying Cheng Investment Corp.	Chenfeng Optronics Corp. stock	-	Financial assets at FVOCI`－` noncurrent	6,000,000	100,440	6.38 %	100,440	-

Note ： It was eliminated in the consolidation

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(iv) Accumulated trading amount of a single security in excess of $300 million or 20% of the Group’s issued share capital: None.
(v) Acquisition of property, plant and equipment in excess of $300 million or 20% of issued share capital: None.
(vi) Disposal of property, plant and equipment in excess of $300 million or 20% of issued share capital: None. (vii) Sales to and purchases from related parties in excess of $100 million or 20% of issued share capital was as follows ：
(vii) Sales to and purchases from related parties in excess of $100 million or 20% of issued share capital was as

Purchasing (selling) company	Counter party	Relationship		Detail of transaction	Detail of transaction		Circumstanc deviation f c	es of and reasons for rom regular trading onditions	Resulting receivables (payables)	Resulting receivables (payables)	Remarks
			Purchase (sale)	Amount	% of net purchase (sales)	Credit line	Unit price	Period for credit	Balance	% of notes and accounts receivable (payable)
The Company Emerging Display Technologies Corp., U.S.A. The Company Dong Guan Emerging Display Limited	Emerging Display Technologies Corp., U.S.A. The Company Dong Guan Emerging Display Limited The Company	Subsidiary of the Company Subsidiary of the Company Sub-sidiary of the Company Sub-sidiary of the Company	Sale Purchase Purchase (processing expense) Sale (processing revenue)	1,025,689 (1,025,689) (248,576) 248,576	30.21 % 100.00% 13.81 % 100.00%	3 months 3 months 1~3 months 1~3 months	Sales prices offered to Emerging Display Technologies Corp., U.S.A. was not significantly different from those offered to other customers The company is the major supplier for Emerging Display Technologies Corp., U.S.A. The company is the only entity the sub- subsidiary provides processing service to. There is no comparable transaction. The company is the only entity the sub- subsidiary provides processing service to. There is no comparable transaction.	Considering the trading practices in North American market, the company set credit duration as three months for North American market, which is slightly longer than one to three months set in other markets. The company is the major supplier for Emerging Display Technologies Corp., U.S.A. The company is the only entity the sub- subsidiary provides processing service to. The company is the only entity the sub- subsidiary provides processing service to.	399,161 (399,161) (20,004) 20,004	48.42% 100.00% 4.15% 100.00%	(Note) (Note) (Note) (Note)

Note: It was eliminated in the consolidation.

(viii) Receivables from related parties in excess of $100 million or 20% of issued share capital were as

follows `：`

Name of company the has the receivables	Counterparty	Relationship	Balance of amount	Turnover ratio	Ove	rdue	Amount collected in the subsequent period	Allowance for doubtful accounts	Remarks
					Amount	Status
The Company	Emerging Display Technologies Corp., U.S.A.	Subsidiary of the Company	Account receivables of 399,161	4.01	-	`-`	148,378	-	(Note)

Note: It was eliminated in the consolidation.

(ix) Derivative financial instrument transactions ： Please refer to note 6(b).

(x) Significant inter-Group transactions `：`

No.	Name	Counterparty	Relationship (Note 1)		Details of transaction	Details of transaction
				Subject	Amount	Term of trading	% of total consolidated revenue or total asset
0	The Company	Emerging Display Technologies Corp., U.S.A.	1	Sales revenue Accounts payable	1,025,689 399,161	Considering the trading practices in North American market, the Group set credit duration as three months for North American market, which is slightly longer than one to three months set in other markets.	29.67% 9.50%
0	The Company	EDT-Europe Aps	1	Selling expenses-Commission Otherpayable	57,505 9,918	No non-related-party transaction to compare to.	1.66% 0.22%

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

No.	Name	Counterparty	Relationship (Note 1)		Details	of transaction
				Subject	Amount	Term of trading	% of total consolidated revenue or total asset
0	The Company	Emerging Display Technologies Korea	1	Selling expenses- Commission	2,784	No non-related-party transaction to compare to.	0.08%
0	The Company	EDT- Japan Corp.	1	Selling expenses- Commission	9,243	No non-related-party transaction to compare to.	0.27%
0	The Company	Dong Guan Emerging Display Limited	1	Processing cost	248,576	No non-related-party transaction to compare to.	7.19%
0	The Company	Dong Guan Emerging Display Limited	1	Accounts payable (Note 2)	20,004	No non-related-party transaction to compare to.	0.48%

Note 1 ： Relationship notes as follows ：

1) Parent Group to subsidiary
2) Subsidiary to parent Group
- 3) Subsidiary to subsidiary
Note 2 ： The group’s sales of raw material (including the group purchased on behalf of the related parties) and semi-finished products to Dong Guan Emerging Display Limited were considered as contracted processing. The relative resulting transactions listed in accounts receivable (payable).
(b) Information on investees (excluding information on investees in Mainland China)：

Relevant information about investees for the nine months ended September 30, 2023 was as follows：

Name of investor	Name of investee	Location	Business cope	Original cost of investment	Original cost of investment	Held at the end of term	Held at the end of term	Held at the end of term	Net income (loss) of the investee	Investment income (less) recognized	Remarks
				September 30,2023	December 31,2022	Shares owned	Percentage owned	Carrying value
The Company	Emerging Display Technologies Corp., U.S.A.	USA	Trading	121,656	121,656	3,500,000	100.00%	110,685 (Note 1)	2,890	2,638	Subsidiary (Note2)
The Company	Emerging Display International (Samoa) Corp.	Samoa	Investment holding	180,503	180,503	5,984,071	78.49%	72,087	6,997	5,492	Subsidiary (Note2)
The Company	EDT-Europe Aps	Denmark	Customer service and business support	101,872	71,172	2,000,000	100.00%	117,869	2,854	2,854	Subsidiary (Note2)
The Company	Emerging Display Technologies Korea	Korea	Business support	1,677	1,677	58,212,500	100.00%	1,554	(36)	(36)	Subsidiary (Note2)
The Company	EDT- Japan Corp.	Japan	Customer service and business support	17,401	17,401	5,000	100.00%	6,455	473	473	Subsidiary (Note2)
The Company	Ying Dar Investment Development Corp.	Taiwan	Investment	89,000	89,000	8,900,000	100.00%	36,357	8,354	8,354	Subsidiary (Note2)
The Company	Bae Haw Investment Development Corp.	Taiwan	Investment	89,000	89,000	8,900,000	100.00%	46,758	6,207	6,207	Subsidiary (Note2)
The Company	Ying Cheng Investment Corp.	Taiwan	Investment	84,000	84,000	8,400,000	52.50%	57,857	11	6	Subsidiary (Note2)
Ying Dar Investment Development Corp.	Emerging Display International (Samoa) Corp.	Samoa	Investment holding	13,234	13,234	450,000	5.90%	5,419	6,997	413	Subsidiary (Note2)
Bae Haw Investment Development Corp.	Emerging Display International (Samoa) Corp.	Samoa	Investment holding	25,488	25,488	870,000	11.41%	10,479	6,997	798	Subsidiary (Note2)

Note1: It was deducted unrealized profit from sales $19,559 Note2: It was eliminated in the consolidation.

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(c) Information on investments in Mainland China：

(i) Information on investments in Mainland China：

Investee company	Investee company	Main businesses and products	Received capital	Investment method	Accumulated amount invested in Mainland China as of Jan. 1, 2023	Accumulated amount invested in Mainland China as of Jan. 1, 2023	Invested cap from or re Tai	ital remitted patriated to wan	Accumulated amount invested in Mainland China as of September 30, 2023	Net income of investee	The Group’s direct or indirect investment ratio	Investment gain(loss) recognized by the Group	Book value of the investment as of September 30, 2023	Accumulate d investment income repatriated to Taiwan as of September 30, 2023
							Remittance	Repatriation
Dong Guan Emerging Display Limited		Manufact uring of LCDs and Touch panel	248,516 (USD 7,625,300)	Investing through a third country by establishing a holding Group in a third country.	219,225 (USD 6,746,936) (Note1)		-	-	219,225 (USD 6,746,936)	6,2： 42	95.80% (Note2)	Gain of $5,980 Based on the investee’s financial statements audited by the same auditor as the Group (Note3)	77,849 (Note4)	-
ii	)Limitationon investmentsin Mainland China：
	Accumulated investment amount remitted from Taiwan to Mainland China as of September 30, 2023					Investment amount approved by the Investment Commission, Ministry of Economic Affairs					Limit on investment in Mainland China set by the Investment Commission, Ministry of Economic Affairs
	223,782(Note8) (USD 6,934,668) (Note5)					450,222(Note8) (USD 13,951,732) (Note6)					1,729,105 (Note7)

Note 1 ： The amount includes $13,234 which was invested by Ying Dar Investment Development Corp. and $25,488 which was invested by Bae Haw Investment Development Corp.
Note 2 ： The ratio includes 5.90% which was held by Ying Dar Investment Development Corp. and 11.41% which was held by Bae Haw Investment Development Corp.
Note 3 ： The amount includes a gain of $368 which was recognized by Ying Dar Investment Development Corp. and a gain of $712 which was recognized by Bae Haw Investment Development Corp.
Note 4 ： The amount includes $4,794 which was invested by Ying Dar Investment Development Corp.
and $9,272 which was invested by Bae Haw Investment Development Corp.
Note 5 : The amount includes the remaining capital amounting to US$187,732 of Emerging Technologies Int’l Trading (Shanghai) Co., Ltd. didn’t remit back after it had completed liquidation in 2009 due to net loss.
Note 6 ： The approved amount includes US$637,732 obtained from Ying Dar Development Corp. and US$870,000 obtained from Bae Haw Investment Development Corp. The amount obtained from Ying Dar Investment Development Corp. includes the remaining capital amounting to US$187,732 of Emerging Technologies Int’l Trading (Shanghai) Co., Ltd. didn’t remit back after it had completed liquidation in 2009 due to net loss.
Note 7 ： The amount includes $122,706 for Ying Dar Investment Development Corp. and $93,113 for Bae Haw Investment Development Corp.
Note 8 ： Transactions denominated in foreign currencies were recorded using the rate of exchange at September 30, 2023.
(iii) Significant transactions
The significant inter-Group transactions with the subsidiary in Mainland China, which were eliminated in the preparation of the consolidated financial statements, was disclodsed in “information on significant transactions” for the nine months ended September 30, 2023.

～ 44 ～

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(d) Maj	orshareholder：	orshareholder：	orshareholder：
	Shareholding Shareholder’s Name	Shares	Percentage
	Tseng,Jui-Ming	11,043,723	7.01%

Note1: The information of major shareholders presented in this table is provided by the Taiwan Depository & Clearing Corporation based on the number of ordinary shares and preferred shares held by shareholders with ownership of 5% or greater, that have been issued without physical registration (including treasury shares) by the Company as of the last business day for the current quarter. The share capital in the financial statements may differ from the actual number of shares that have been issued without physical registration because of different preparation basis.

Note2: If a shareholder delivers the shareholdings to the trust, the above information will be disclosed by the individual trustee who opened the trust account. For shareholders who declare insider shareholdings with ownership greater than 10% in accordance with the Security and Exchange Act, the shareholdings include shares held by shareholders and those delivered to the trust over which shareholders have rights to determine the use of trust property. For information relating to insider shareholding declaration, refer to Market Observation Post System.

(14) Segment Information

Reportable segment information was as follows：

		July to September, 2023	July to September, 2023
Domestic $ 641,112 464,527	North America 478,255 -	Mainland China	Other operating Department 142 22,850	Adjustments and Eliminations - (590,388)
		- 103,011
$ 1,105,639	478,255	103,011	22,992	(590,388)
$ 160,086	4,786	7,297	4,069	(3,754)

Domestic $ 849,641 390,110	North America 426,246 -	Mainland China	Other operating Department 237 19,492	Adjustments and Eliminations - (515,957)
		- 106,355
$ 1,239,751	426,246	106,355	19,729	(515,957)
$ 179,310	2,803	2,929	3,196	1,349

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EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

	January toSeptember, 2023	January toSeptember, 2023	January toSeptember, 2023
Domestic $ 2,368,342 1,027,037	North America 1,088,043 -	Mainland China - 248,576	Other operating Department 540 69,532	Adjustments and Eliminations - (1,345,145)
$ 3,395,379	1,088,043	248,576	70,072	(1,345,145)
$ 421,887	3,690	7,626	4,318	(4,431)

Domestic $ 2,422,436 1,050,076	North America 1,078,286 -	Mainland China - 262,736	Other operating Department 557 58,345	Adjustments and Eliminations - (1,371,157)
$ 3,472,512	1,078,286	262,736	58,902	(1,371,157)
$ 424,670	9,187	(7,427)	2,613	(6,096)
Domestic $ 3,772,124	North America 543,060	Mainland China 173,971	Other operating Department 145,250	Adjustments and Eliminations (432,025)
$ 3,907,668	417,953	191,306	110,272	(341,426)
$ 3,599,739	490,794	172,376	103,165	(371,897)
$ 1,527,499	412,816	92,709	19,372	(428,364)
$ 1,849,373	296,874	115,050	22,930	(326,297)
$ 1,614,006	365,440	103,459	19,456	(369,809)

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AI assistant

EDT — Interim / Quarterly Report 2023

52271_rns_2023-12-25_a99ca020-fde4-4d71-9c7d-2d496bd36c3b.pdf

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Table of contents

Independent Auditors’ Review Report

The Board of Director’s

Introduction

Scope of Review

Basis for Qualified Conclusion

Qualified Conclusion

KPMG

Consolidated Balance Sheets

September 30, 2023, December 31, 2022, and September 30, 2022

(English Translation of Financial Statements and Report Originally Issued in Chinese)

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Consolidated Statements of Changes in Stockholders’ Equity

For the nine months ended September 30, 2023 and 2022

Equity attributable to shareholders of parent

(English Translation of Financial Statements and Report Originally Issued in Chinese)

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Consolidated Statements of Cash Flows

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

For the nine months ended September 30, 2023 and 2022

(1) Organization and Business Scope

(3) Application of New and Revised International Financial Reporting Standards and Interpretations

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(4) Summary of Significant Accounting Policies

(a) Statement of compliance

(b) Basis of consolidation

(i)Subsidiaries included in the consolidated financial statements are as follows:

(c) Income tax

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(d) Employee benefit

(5) Significant accounting assumptions and judgments, and major sources of estimates uncertainty

(6) Explanation of significant accounting items

(a) Cash and cash equivalents

(b) Financial assets at fair value through profit or loss

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(d) Accounts receivable

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(e) Other notes receivable and other receivables

(f) Inventories

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(g) Other current assets

(h) Major non-controlling interests’ share of subsidiaries

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(i) Property, plant and equipment

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(j) Right-of-use assets

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(k) Investment property

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(l) Intangible assets

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES

Notes to consolidated financial statements

(m) Short-term loans

(n) Other payables

(o) Long-term loans

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES Notes to consolidated financial statements

(p) Lease liabilities

(i) Lease of land, building and construction

EMERGING DISPLAY TECHNOLOGIES CORP. AND SUBSIDIARIES Notes to consolidated financial statements

(q) Operating lease

(r) Employee benefits

EDT Interim / Quarterly Report 2023

(i) The amounts of income tax expense (benefit) were as follows `：`

(ii) Reconciliation of liabilities arising from financing activities were as follows `：`