MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS’ REVIEW REPORT MARCH 31, 2021 AND 2020

-----------------------------------------------------------------------------------------------------------------------------------For the convenience of readers and for information purpose only, the auditors’ report and the accompanying financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. In the event of any discrepancy between the English version and the original Chinese version or any differences in the interpretation of the two versions, the Chinese-language auditors’ report and financial statements shall prevail.

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INDEPENDENT AUDITORS’ REVIEW REPORT

PWCR21000025

To the Board of Directors and Shareholders of MiTAC Holdings Corporation

Introduction

We have reviewed the accompanying consolidated balance sheets of MiTAC Holdings Corporation and its subsidiaries (the “Group”) as at March 31, 2021 and 2020, and the related consolidated statements of comprehensive income, of changes in equity and of cash flows for the three months then ended, and notes to the consolidated financial statements, including a summary of significant accounting policies. Management is responsible for the preparation and fair presentation of these 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” as endorsed by the Financial Supervisory Commission. Our responsibility is to express a conclusion on these consolidated financial statements based on our reviews.

Scope of review

Except as explained in the following paragraph, we conducted our reviews in accordance with the Statement of Auditing Standards No. 65, “Review of Financial Information Performed by the Independent Auditor of the Entity” in the Republic of China. A review of 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 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

The financial statements of certain insignificant consolidated subsidiaries and investments accounted for using equity method during the same period were not reviewed by independent auditors. Total assets of these subsidiaries and the balances of these investments accounted for using equity method amounted to NT$18,516,994 thousand and NT$16,869,715 thousand, constituting 30% and 31% of the consolidated total assets as at March 31, 2021 and 2020, respectively, total liabilities amounted to NT$3,027,934 thousand and NT$2,754,553 thousand, constituting 17% and 18% of the consolidated total liabilities as at March 31, 2021 and 2020, respectively, and the total comprehensive income (loss) and share of profit

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or loss and other comprehensive income of associates and joint ventures accounted for using equity method amounted to NT$548,621 thousand and NT$49,830 thousand, constituting 35% and 61% of the consolidated total comprehensive income (loss) for the three months then ended, respectively.

Qualified conclusion

Except for the adjustments to the consolidated financial statements, if any, as might have been determined to be necessary had the financial statements of the insignificant subsidiaries and equity method investees been reviewed by independent auditors as described in the Basis for qualified conclusion section, based on our reviews, 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 Group as at March 31, 2021 and 2020, and of its consolidated financial performance and its consolidated cash flows for the three months then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34, “Interim Financial Reporting” as endorsed by the Financial Supervisory Commission.

Liu, Chien-Yu Cheng, Ya-Huei

For and on behalf of PricewaterhouseCoopers, Taiwan May 14, 2021

------------------------------------------------------------------------------------------------------------------------------------------------The accompanying consolidated financial statements are not intended to present the financial position and results of operations and cash flows in accordance with accounting principles generally accepted in countries and jurisdictions other than the Republic of China. The standards, procedures and practices in the Republic of China governing the review of such financial statements may differ from those generally accepted in countries and jurisdictions other than the Republic of China. Accordingly, the accompanying consolidated financial statements and independent auditors’ review report are not intended for use by those who are not informed about the accounting principles or auditing standards generally accepted in the Republic of China, and their applications in practice.

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MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

MARCH 31, 2021, DECEMBER 31, 2020 AND MARCH 31, 2020 (Expressed in thousands of New Taiwan dollars) (The balance sheets as of March 31, 2021 and 2020 are reviewed, not audited) March31,2021 December31,2020 March31,2020 Assets Notes AMOUNT % AMOUNT % AMOUNT % Current assets 1100 Cash and cash equivalents 6(1) � �� �� �� �� � �� �� 1110 Financial assets at fair value through profit or loss - current 6(2) �� � �� � �� � 1120 Financial assets at fair value through other comprehensive income - current 6(3) �� � �� � �� � 1136 Financial assets at amortised cost - current 6(4) � � � � �� � 1150 Notes receivable - net �� � �� � �� � 1170 Accounts receivable - net 6(5), 7 and 12(2) �� �� �� � �� � 1180 Accounts receivable - related parties - net 6(5), 7 and 12(2) �� � �� � �� � 1200 Other receivables 7 �� � �� � �� � 1220 Current income tax assets �� � �� � �� � 130X Inventories 6(6) �� �� �� �� �� �� 1410 Prepayments �� � �� � �� � 1460 Non-current assets held for sale - net 6(14) �� � �� � �� � 1470 Other current assets 6(7) and 8 �� � �� � �� � 11XX Total current assets �� �� �� �� �� �� Non-current assets 1517 Financial assets at fair value through other comprehensive income - non-current 6(3) �� �� �� �� �� � 1550 Investments accounted for using equity method 6(8) �� �� �� �� �� �� 1600 Property, plant and equipment - net 6(9) �� �� �� �� �� �� 1755 Right-of-use assets 6(10) and 7 �� � �� � �� � 1760 Investment property - net 6(12) �� � �� � �� � 1780 Intangible assets 6(13) �� � �� � �� � 1840 Deferred income tax assets �� � �� � �� � 1900 Other non-current assets 6(7) and 8 �� � �� � �� � 15XX Total non-current assets �� �� �� �� �� �� 1XXX Total assets � �� �� �� �� � �� ��	MARCH 31, 2021, DECEMBER 31, 2020 AND MARCH 31, 2020 (Expressed in thousands of New Taiwan dollars) (The balance sheets as of March 31, 2021 and 2020 are reviewed, not audited) March31,2021 December31,2020 March31,2020 Assets Notes AMOUNT % AMOUNT % AMOUNT % Current assets 1100 Cash and cash equivalents 6(1) � �� �� �� �� � �� �� 1110 Financial assets at fair value through profit or loss - current 6(2) �� � �� � �� � 1120 Financial assets at fair value through other comprehensive income - current 6(3) �� � �� � �� � 1136 Financial assets at amortised cost - current 6(4) � � � � �� � 1150 Notes receivable - net �� � �� � �� � 1170 Accounts receivable - net 6(5), 7 and 12(2) �� �� �� � �� � 1180 Accounts receivable - related parties - net 6(5), 7 and 12(2) �� � �� � �� � 1200 Other receivables 7 �� � �� � �� � 1220 Current income tax assets �� � �� � �� � 130X Inventories 6(6) �� �� �� �� �� �� 1410 Prepayments �� � �� � �� � 1460 Non-current assets held for sale - net 6(14) �� � �� � �� � 1470 Other current assets 6(7) and 8 �� � �� � �� � 11XX Total current assets �� �� �� �� �� �� Non-current assets 1517 Financial assets at fair value through other comprehensive income - non-current 6(3) �� �� �� �� �� � 1550 Investments accounted for using equity method 6(8) �� �� �� �� �� �� 1600 Property, plant and equipment - net 6(9) �� �� �� �� �� �� 1755 Right-of-use assets 6(10) and 7 �� � �� � �� � 1760 Investment property - net 6(12) �� � �� � �� � 1780 Intangible assets 6(13) �� � �� � �� � 1840 Deferred income tax assets �� � �� � �� � 1900 Other non-current assets 6(7) and 8 �� � �� � �� � 15XX Total non-current assets �� �� �� �� �� �� 1XXX Total assets � �� �� �� �� � �� ��	March31,2020
		%
Current assets 1100 Cash and cash equivalents 1110 Financial assets at fair value through profit or loss - current 1120 Financial assets at fair value through other comprehensive income - current 1136 Financial assets at amortised cost - current 1150 Notes receivable - net 1170 Accounts receivable - net 1180 Accounts receivable - related parties - net 1200 Other receivables 1220 Current income tax assets 130X Inventories 1410 Prepayments 1460 Non-current assets held for sale - net 1470 Other current assets 11XX Total current assets Non-current assets 1517 Financial assets at fair value through other comprehensive income - non-current 1550 Investments accounted for using equity method 1600 Property, plant and equipment - net 1755 Right-of-use assets 1760 Investment property - net 1780 Intangible assets 1840 Deferred income tax assets 1900 Other non-current assets 15XX Total non-current assets 1XXX Total assets	6(1) 6(2) 6(3) 6(4) 6(5), 7 and 12(2) 6(5), 7 and 12(2) 7 6(6) 6(14) 6(7) and 8 6(3) 6(8) 6(9) 6(10) and 7 6(12) 6(13) 6(7) and 8
		��
		��

(Continued)

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MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

MARCH 31, 2021, DECEMBER 31, 2020 AND MARCH 31, 2020

(Expressed in thousands of New Taiwan dollars)

	(The balance sheets as of March 31, 2021 and 2020	(The balance sheets as of March 31, 2021 and 2020	(The balance sheets as of March 31, 2021 and 2020	(The balance sheets as of March 31, 2021 and 2020	(The balance sheets as of March 31, 2021 and 2020	are reviewed, not audited)	are reviewed, not audited)
				March31,2021			December31,2020			March31,2020
	Liabilities and Equity	Notes		AMOUNT	%		AMOUNT	%		AMOUNT	%
Current liabilities 2100 Short-term borrowings 6(15) � �� �� �� � � �� �
2120	Financial liabilities at fair value	6(16)
	through profit or loss - current		��			� ��		�	��		�
2130	Contract liabilities - current	6(24)	��			� ��		�	��		�
2170	Accounts payable		��		�� ��			��	��		��
2180	Accounts payable - related	7
	parties		��			� ��		�	��		�
2200	Other payables	7	��			� ��		�	��		�
2230	Current income tax liabilities		��			� ��		�	��		�
2250	Provisions - current	6(19)	��			� ��		�	��		�
2280	Lease liabilities - current	7	��			� ��		�	��		�
2300	Other current liabilities	6(17)	��			� ��		�	��		�
2310	Advance payment	6(14)		��		�	�	�		�
21XX	Total current Liabilities		��		�� ��			��	��		��
Non-current liabilities 2540 Long-term borrowings 6(17) �� � �� � �� �
2550	Provisions - non-current	6(19)	��			� ��		�	��		�
2570	Deferred income tax liabilities		��			� ��		�	��		�
2580	Lease liabilities - non-current	7	��			� ��		�	��		�
2600	Other non-current liabilities	6(8)	��			� ��		�	��		�
25XX	Total non-current
	liabilities		��			� ��		�	��		�
2XXX	Total liabilities		��		�� ��			��	��		��
Share capital 6(20) 3110 Common shares �� �� �� �� �� ��
Capital surplus 6(21) 3200 Capital surplus �� �� �� �� �� ��
Retained earnings 6(22) 3310 Legal reserve �� � �� � �� �
3320	Special reserve		�			� �		�	��		�
3350	Unappropriated retained
	earnings		��			� ��		�	��		�
Other equity interest 6(23) 3400 Other equity interest �� � �� � �� �
3500	Treasury stocks	6(20)	� ��			� ��		�� ��			�
31XX	Equity attributable to
	owners of the parent		��		�� ��			��	��		��
36XX	Non-controlling interests		��			� ��		�	��		�
3XXX	Total equity		��		�� ��			��	��		��
	Significant Contingent	9(1)(2)
	Liabilities And Unrecognised
	Contract Commitments Significant Events After the 11
Balance Sheet Date 3X2X Total liabilities and equity � �� �� �� �� � �� ��

The accompanying notes are an integral part of these consolidated financial statements.

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MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME THREE MONTHS ENDED MARCH 31, 2021 AND 2020

(Expressed in thousands of New Taiwan dollars, except earnings per share) (Reviewed, not audited)

				Three	months ended	months ended	March31
				2021			2020
	Items	Notes		AMOUNT	%		AMOUNT	%
4000	Operating revenue	6(24) and 7	�	��	��	�	�� ��
5000	Operating costs	6(6) and 7	�	��	�� ��			��
5900	Gross profit		��		�	�� ��
Operating expenses 6(29)(30) and 7 6100 Selling expenses � �� �� �� �
6200	General and administrative expenses		�	��	�� ��			�
6300	Research and development expenses		�	��	�� ��			�
6000	Total operating expenses		�	��	�� ��			��
6900	Operating loss		�	��	�� �� �
Non-operating income and expenses 7100 Interest income 6(25) �� � �� �
7010	Other income	6(26) and 7	��		�	�� �
7020	Other gains and losses	6(27)	�	��	�	�� �
7050	Finance costs	6(28) and 7	�	��	�� �� �
7060	Share of profit of associates and joint ventures	6(8)
	accounted for using equity method		��		�	�� �
7000	Total non-operating income and expenses		��		�	�� �
7900	Profit before income tax		��		�	�� �
7950	Income tax expense	6(31)	�	��	�� ��			�
8200	Profit for the period		�	��	�	�	�� �
	Other comprehensive income (loss) - net Components of other comprehensive
	income(loss) that will not be reclassified to
profit or loss 8316 Unrealised gains (losses) from investments in 6(3)(23)
	equity instruments measured at fair value
	through other comprehensive income		�	��	��		��	�
8320	Share of other comprehensive income of	6(8)(23)
	associates and joint ventures accounted for
	using equity method, components of other
	comprehensive income that will not be
	reclassified to profit or loss		��		�� ��			�
8310	Components of other comprehensive income
	that will not be reclassified to profit or loss		��		�� ��			�
	Components of other comprehensive
	income(loss) that will be reclassified to profit or
loss 8361 Exchange differences on translation of foreign 6(23)
	financial statements		�	��	�	�� �
8370	Share of other comprehensive income of	6(8)(23)
	associates and joint ventures accounted for
	using equity method, components of other
	comprehensive income that will be reclassified
	to profit or loss		�	��	�� ��			�
8360	Components of other comprehensive loss
	that will be reclassified to profit or loss		�	��	�� ��			�
8300	Other comprehensive income (loss) for the
	period		�	��	��		��	�
8500	Total comprehensive income for the period		�	��	��	�	�� �
Profit (loss), attributable to: 8610 Owners of parent � �� � � �� �
8620	Non-controlling interests		�	�	��		�� �
Comprehensive income(loss) attributable to: 8710 Owners of parent � �� �� � �� �
8720	Non-controlling interests		�	��	��		�� �
9750 Basic earnings per share 6(32) � �� � ��
9850	Diluted earnings per share	6(32)	�		��	�		��

The accompanying notes are an integral part of these consolidated financial statements.

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													Total equity		��	��		��	��		��		��	��		�			��		��	��		��	��		��	��		��		��		��		�		��	��
												Non-controlling	Total interests		�� ��	�� ��		�� ��	�� ��		�� � �		�� �	� ��		� �			�� �		� � ��	�� ��		�� ��	�� �		�� �	�� ��		�� � �		�� �		�� � �		� �		�� �	�� ��
MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES	CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY	THREE MONTHS ENDED MARCH 31, 2021 AND 2020	(Expressed in thousands of New Taiwan dollars)	(Reviewed, not audited)	Equity attributable to owners of the parent	Retained earnings Other equity interest	Unrealised gains	(losses) from	financial assets	Financial statements measured at fair	translation value through other	Unappropriated differences of foreign comprehensive	Legal reserve Special reserve retained earnings operations income Treasury stocks		� �� �� �� �� �� ��	� � �� � � �		� � � � �� �� � �	� � �� �� �� �		� � � �� � � � �		� � � �� � �� �	� � � � � �		� � � �� � �� �			� � � � � ��		� � � � � �	� �� �� �� �� �� ��		� �� � � �� �� �� ��	� � �� � � �		� � � � �� �� �	� � �� �� �� �		� � � �� � � � �		� � � � � �		� � �� � � �� � �		� � �� � � �� �		� � � � � �	� �� � � �� �� �� ��
											Capital surplus,	additional paid-in	capital		� ��	�		�	�		�		��	�		�			��		�	� ��		� ��	�		�	�		�		��		��		�		��	� ��
																																												�
												Share capital-	common shares		� ��	�		�	�		�		�	�		�			�		�	� ��		� ��	�		�	�		�		�		�		�		�	� ��
													Notes				6(23)			6(22)		6(21)(23)		6(33)	6(23)		6(20)(21)									6(23)			6(22)		6(21)		6(21)(23)		6(23)		6(21)
														Three months ended March 31, 2020	Balance at January 1, 2020	Profit (loss) for the period	Other comprehensive income (loss) for	the period	Total comprehensive income (loss)	Distribution of 2019 earnings	Cash dividends	Change of associates accounted for using	equity method	Increase in non-controlling interests	Proceeds from disposal of investments	accounted for using equity method	Disposal of company’s share by	subsidiaries recognised as treasury share	transactions	Cash dividends paid by subsidiaries to	non-controlling interests	Balance at March 31, 2020	Three months ended March 31, 2021	Balance at January 1, 2021	Profit (loss) for the period	Other comprehensive income (loss) for	the period	Total comprehensive income (loss)	Distribution of 2020 earnings	Cash dividends	Subsidiaries received cash dividends paid	by the parent company	Change of associates accounted for using	equity method	Proceeds from disposal of investments	accounted for using equity method	Capital surplus - dividends unclaimed by	the shareholders	Balance at March 31, 2021

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2021 AND 2020

(Expressed in thousands of New Taiwan dollars)

(Reviewed, not audited)

CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax
Adjustments
Adjustments to reconcile profit (loss)
Expected credit loss

Loss on inventory market value decline

Depreciation

Amortization

Interest income

Interest expense

Dividend income

Gain (loss) of financial assets/liabilities at fair
value through profit or loss

Share of profit of associates and joint ventures
accounted for using equity method

Loss on disposal of investments

Gain on disposal of property, plant and
equipment

Changes in operating assets and liabilities
Changes in operating assets
Notes receivable
Accounts receivable
Other receivables
Inventories
Prepayments
Other current assets
Changes in operating liabilities
Contract liabilities
Accounts payable
Other payables
Other current liabilities
Provisions for liabilities
Accrued pension liabilities
Other non-current liabilities
Cash (outflow) inflow generated from operations
Payment of interest
Receipt of interest
Cash dividend received
Payment of income tax
Net cash (outflow) inflow from operating
activities Three months ended March 31
Notes
2021
2020
$
702,207 $
504,765
12(2)
530
383
6(6)
15,279
70,514
6(29)
230,353
223,356
6(13)(29)
23,968
21,538
6(25)
(
9,299 ) (
12,824 )
6(28)
6,669
20,896
6(26)
(
27,921 ) (
28,302 )
6(27)
(
5,286 )
5,518
6(8)
(
659,156 ) (
449,318 )
6(27)
4,102
386
6(27)
(
263 ) (
884 )
130
46,003
(
1,413,569 )
1,088,313
20,181
87,473
(
196,979 )
294,553
(
9,994 ) (
17,868 )
(
2,234 )
5,936
81,684 (
58,014 )
129,829 (
250,121 )
(
82,415 ) (
421,110 )
(
24,053 )
8,494
(
7,303 )
7,523
(
3,343 ) (
8,014 )
(
208 )
-
(
1,227,091 )
1,139,196
(
5,281 ) (
20,855 )
8,600
16,987
30,069
63,107
(
46,073 ) (
57,788 )
(
1,239,776 )
1,140,647

(Continued)

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MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2021 AND 2020

(Expressed in thousands of New Taiwan dollars)

(Reviewed, not audited)

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from disposal of financial assets at fair
value through profit or loss
(Increase) decrease in other financial assets
Acquisition of financial assets at fair value through
other comprehensive income
Decrease in financial assets at amortised cost
Acquisition of investments accounted for using
equity method

Acquisition of property, plant and equipment

Proceeds from disposal of property, plant and
equipment
Increase in intangible assets

Increase in investment property

Decrease in refundable deposits
Increase in advance receipt

Net cash (outflow) inflow from investing
activities
CASH FLOWS FROM FINANCING ACTIVITIES
Increase (decrease) in short-term borrowings

Decrease in guarantee deposits

Repayment of principal portion of lease liabilities

Investments increased by non-controlling interest

Proceeds from disposal of treasury shares

Capital surplus - expired unclaimed dividends
Net cash inflow (outflow) from financing
activities
Effects of changes in 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 Three months ended March 31
Notes
2021
2020
$
- $
78,088
(
313,920 )
167
(
66,422 ) (
63,478 )
-
473,750
6(8)
- (
112,100 )
6(9)
(
226,549 ) (
247,540 )
938
950
6(13)
(
33,946 ) (
16,259 )
6(12)
(
185 )
-
240
3,432
6(14)
567,585
-
(
72,259 )
117,010
6(35)
1,870,869 (
621,003 )
6(35)
(
1,584 ) (
782 )
6(35)
(
10,291 ) (
15,003 )
6(33)
-
90,150
6(20)
-
155,237
378
-
1,859,372 (
391,401 )
(
9,110 ) (
37,988 )
538,227
828,268
6(1)
5,805,297
6,664,566
6(1)
$
6,343,524 $
7,492,834

The accompanying notes are an integral part of these consolidated financial statements.

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MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

THREE MONTHS ENDED MARCH 31, 2021 AND 2020

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

(Review, not audited)

1. HISTORY AND ORGANISATION

(1) MiTAC Holdings Corporation (the “Company”) was established by MiTAC International Corp. (“MiTAC International”) through a share conversion on September 12, 2013, and on the same date, the competent authority has approved for the Company’s shares to be listed on the Taiwan Stock Exchange (TWSE). MiTAC International became the Company’s wholly-owned subsidiary after conversion. The main business of the Company and its subsidiaries (collectively referred herein as the “Group”) is to design, manufacture and sell products related to investments, computers and its peripherals and communications.
(2) In order to promote specialization of work for transforming and improving overall competitiveness of the Group, the Board of Directors of its subsidiary, MiTAC International, has resolved to divest its cloud computing products group to the newly established company, MiTAC Computing Technology Corporation (collectively referred herein as the “MiTAC Computing Technology”), as the consideration for the acquisition of 220,000 thousand newly issued ordinary shares of MiTAC Technology on the spin-off day, September 1, 2014. In addition, in 2017, the Board of Directors of MiTAC International has resolved to divest its mobile communication products group to the newly established company, MiTAC Digital Technology Corporation (collectively referred herein as the “MiTAC Digital Technology”), as the consideration for the acquisition of 100,000 thousand newly issued ordinary shares of MiTAC Digital Technology on the spin-off day, January 1, 2018. As a result, MiTAC International, MiTAC Computing Technology and MiTAC Digital Technology are the wholly-owned subsidiaries of the Company after the spin-off.

2. THE DATE OF AUTHORISATION FOR ISSUANCE OF THE CONSOLIDATED FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION

These consolidated financial statements were reported to the Board of Directors on May 14 , 2021.

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

(1) Effect of the adoption of new issuances of or amendments to International Financial Reporting Standards (“IFRS”) as endorsed by the Financial Supervisory Commission (“FSC”)

New standards, interpretations and amendments endorsed by FSC effective from 2021 are as follows:

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NewStandards,Interpretations and Amendments	Effective date by International Accounting Standards Board
Amendments to IFRS 4, ‘Extension of the temporary exemption from applying IFRS 9’ Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, ‘ Interest Rate Benchmark Reform— Phase 2’ Amendment to IFRS 16, ‘Covid-19-related rent concessions beyond 30 June 2021’ Note�Earlier application from January 1, 2021 is allowed by FSC.	January 1, 2021 January 1, 2021 April 1, 2021(Note)

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

(2) Effect of new issuances of or amendments to IFRSs as endorsed by the FSC but not yet adopted by

the Group

None.

(3) IFRSs issued by IASB but not yet endorsed by the FSC

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

endorsed by the FSC are as follows:
	Effective date by
	International Accounting
NewStandards,Interpretations and Amendments	Standards Board
Amendments to IFRS 3, ‘Reference to the conceptual framework’	January 1, 2022
Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets	To be determined by
between an investor and its associate or joint venture’	International Accounting
	Standards Board
IFRS 17, ‘Insurance contracts’	January 1, 2023
Amendments to IFRS 17, 'Insurance contracts'	January 1, 2023
Amendments to IAS 1, ‘Classification of liabilities as current or non-	January 1, 2023
current’
Amendments to IAS 1, ‘Disclosure of accounting policies’	January 1, 2023
Amendments to IAS 8, ‘Definition of accounting estimates’	January 1, 2023
Amendments to IAS 12, ‘Deferred tax related to assets and liabilities	January 1, 2023
arising from a single transaction’
Amendments to IAS 16, ‘Property, plant and equipment:proceeds before	January 1, 2022
intended use’
Amendments to IAS 37, ‘Onerous contracts—cost of fulfilling a contract’	January 1, 2022
Annual improvements to IFRS Standards 2018–2020	January 1, 2022

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

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4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The principal accounting policies adopted are consistent with Note 4 in the consolidated financial statements for the year ended December 31, 2020, except for the compliance statement, basis of preparation, basis of consolidation and additional policies as set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated.

(1) Compliance statement
A. The consolidated financial statements of the Group have been prepared in accordance with the "Regulations Governing the Preparation of Financial Reports by Securities Issuers" and the International Accounting Standard 34, ‘Interim financial reporting’ as endorsed by the FSC.
B. The consolidated financial statements should be read together with the consolidated financial statements for the year ended December 31, 2020.
(2) Basis of preparation
A. Except for the following items, these consolidated financial statements have been prepared under the historical cost convention:
- (a) Financial assets and financial liabilities (including derivative instruments) at fair value through profit or loss.
- (b) Financial assets and liabilities at fair value through other comprehensive income.
- (c) Defined benefit liabilities recognised based on the net amount of pension fund assets and present value of defined benefit obligation.
B. The preparation of financial statements in compliance with International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations as endorsed by the FSC (collectively referred herein as the “IFRSs”) requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Group’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 5.

(3) Basis of consolidation

A. Basis for preparation of consolidated financial statements:

Basis for preparation of these consolidated financial statements is the same as that for the preparation of the consolidated financial statements as of and for the year ended December 31, 2020.

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B. Subsidiaries included in the consolidated financial statements:

Investor	Subsidiary	Main activities		Ownership (%)	Ownership (%)	Remarks
			March 31,2021	December 31,2020	March 31,2020
MiTAC Holdings Corp. MiTAC Holdings Corp. MiTAC Holdings Corp. MiTAC International Corp. MiTAC International Corp. MiTAC Computing Technology Corp. MiTAC Computing Technology Corp. MiTAC Computing Technology Corp. MiTAC Computing Technology Corp. MiTAC Digital Technology Corp. MiTAC Digital Technology Corp. Tsu Fung Investment Corp. Silver Star Developments Ltd. Pacific China Corp. Pacific China Corp. Pacific China Corp. Pacific China Corp. Access Wisdom Holdings Ltd.	MiTAC International Corp. MiTAC Computing Technology Corp. MiTAC Digital Technology Corp. Tsu Fung Investment Corp. Silver Star Developments Ltd. MiTAC Technology UK Ltd. MiTAC Telematics Technology Corporation MiTAC Information Technology Czech s.r.o. Hyve Design Solutions Corporation Access Wisdom Holdings Ltd. Mio International Ltd. MiTAC Digital Technology Corp. Pacific China Corp. MiTAC Star Service Ltd. Software Insights Ltd. Start Well Technology Ltd. Huge Extent Ltd. MiTAC Europe Ltd.	Computer and its peripherals: design, manufacture and sell communications products Computer and its peripherals: design, manufacture and sell communications products Sales and service of electronic telecommunication, communication and software, etc General investments General investments General investments Sales of self-produced products and related after-sale services Assemble and sales of computer and peripheral equipment Assemble and sales of computer and peripheral equipment General investments Sale of communication and related products Sales and service of electronic telecommunication, communication and software, etc General investments General investments General investments General investments General investments Sale of communication products and related after-sale services	100% 100% 97.17% 100% 100% 100% 100% . - 100% 100% 0.001% 100% 100% 100% 100% 100% 100%	100% 100% 97.17% 100% 100% 100% 100% - - 100% 100% 0.001% 100% 100% 100% 100% 100% 100%	100% 100% 97.17% 100% 100% 100% 100% 100% 50% 100% 100% 0.001% 100% 100% 100% 100% 100% 100%	Note 3 Note 3 Note 3 Note 3 Note 3 Note 2 Note 1 Note 3 Note 3 Note 3

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Investor	Subsidiary	Main activities		Ownership (%)	Ownership (%)	Remarks
			March 31,2021	December 31,2020	March 31,2020
MiTAC Technology UK Ltd. MiTAC Technology UK Ltd. MiTAC Technology UK Ltd. Hyve Design Solutions Corporation MiTAC Europe Ltd. MiTAC Europe Ltd. Silver Star Developments Ltd. Silver Star Developments Ltd. Silver Star Developments Ltd. Start Well Technology Ltd MiTAC Investment Holding Ltd. MiTAC Investment Holding Ltd. MiTAC Investment Holding Ltd.	Tyan Computer Corp. (USA) MiTAC Logistics Corp. MiTAC Information Systems Corp. Hype Design Solutions(Taiwan) Corporation MiTAC Digital Corp. MiTAC Australia Pty Ltd. MiTAC Japan Corp. MiTAC Benelux N.V. MiTAC Pacific (H.K.) Ltd. MiTAC Investment Holding Ltd. MiTAC Computer (Kunshan) Ltd. MiTAC Technology (Kunshan) Co., Ltd. MiTAC Logistic Service (Kunshan) Ltd.	Sales of computer peripherals, hardware/ software and related products Sale of computer peripherals, hardware/software and related products Assembling and sale of computer peripherals, hardware/software and related products Assemble and sales of computer and peripheral equipment Sale of communication products and related after-sale services Sale of communication products and related after-sale services Sale of communication products, computer peripherals, hardware/software and related products and related after-sale services Sale of communication products and related after-sale services Sale of computer peripherals, hardware/software and related products Investment holdings Manufacture of computers, computer peripherals, hardware/software and related products and sale of own- produced products Testing, maintenance and display of computer components and related technical advisory services and after-sale services Agency of freight transport, export and import trading and warehousing services.	100% - 100% - 100% 100% 100% 100% 100% 100% 100% 100% 100%	100% - 100% - 100% 100% 100% 100% 100% 100% 100% 100% 100%	100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%	Note 2 Note 3 Note 1

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Investor	Subsidiary	Main activities		Ownership (%)	Ownership (%)	Remarks
			March 31,2021	December 31,2020	March 31,2020
MiTAC Investment Holding Ltd. MiTAC Star Service Ltd. MiTAC Computer (Kunshan) Ltd Software Insights Ltd. Software Insights Ltd. Mio International Ltd.	MiTAC Information Technology Ltd. MiTAC Computer (Shunde) Corp. MiTAC Information Systems (Kunshan) Co., Ltd. MiTAC Research (Shanghai) Ltd. MiTAC Innovation (Kunshan) Ltd. Mio Technology (Suzhou) Ltd.	After-sale maintenance, testing and technical advisory services of computers, communication products and consumer electronic products; establishment of customer service centers; customer data processing, analysis and integrated services and business administration services Manufacture of computer frame, motherboard, interface card, display, power supply, keyboard, related metal stamping parts and plastic parts and maintenance of motherboard Sales and manufacturing of computer accessories, hardware, software and related services Research, development and manufacture of computer software, sale of own-produced products and related technical advisory services Research and development of calculator, server, mobile phone, PDA and GPS, and technical transfer, technical advisory and technical services of related R&D products Sale of communication products and related after-sale services	100% 100% 100% 100% 100% 100%	100% 100% 100% 100% 100% 100%	100% 100% 100% 100% 100% 100%	Note 3

Note 1: On August 19, 2020, the group lost control over it as the Group has no current ability to direct its relevant activities, thus, it was removed as a consolidated entity.

Note 2: It completed the liquidation in 2020.

Note 3: The financial statements of the entity as of and for the three months ended March 31, 2021 and 2020 were reviewed by the independent auditors as the entity met the definition of a significant subsidiary.

C. Subsidiaries not included in the consolidated financial statements: None.
D. Adjustments for subsidiaries with different balance sheet dates: None.
E. Nature and extent of the restrictions on fund remittance from subsidiaries to the parent company: None.
F. Subsidiaries that have non-controlling interests that are material to the Group: None.

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(4) Employee benefits

Pension cost for the interim period is calculated on a year-to-date basis by using the pension cost rate derived from the actuarial valuation at the end of the prior financial year, adjusted for significant market fluctuations since that time and for significant curtailments, settlements, or other significant one-off events. Also, the related information is disclosed accordingly.

(5) Income taxes

A. The interim period income tax expense is recognized based on the estimated average annual effective income tax rate expected for the full financial year applied to the pretax income of the interim period, and the related information is disclosed accordingly.
B. If a change in tax rate is enacted or substantively enacted in an interim period, the Group recognises the effect of the change immediately in the interim period in which the change occurs. The effect of the change on items recognised outside profit or loss is recognised in other comprehensive income or equity while the effect of the change on items recognised in profit or loss is recognised in profit or loss.

5. CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION

UNCERTAINTY

There have been no significant changes as of March 31, 2021. Please refer to Note 5 in the consolidated financial statements for the year ended December 31, 2020.

6. DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

Cash and cash equivalents
Cash: Cash on hand and revolving funds Checking accounts and demand deposits Cash equivalents: Time deposits Repurchased bonds Total	March 31,2021 690 $ 4,033,812 2,309,022 - 6,343,524 $	December 31,2020 753 $ 4,145,332 1,659,212 - 5,805,297 $	March 31,2020
			1,087 $ 4,296,711 3,175,036 20,000
			7,492,834 $

A. The Group transacts with a variety of financial institutions all with high credit quality to disperse credit risk, so it expects that the probability of counterparty default is remote.
B. The Group has no cash and cash equivalents pledged to others.

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

Items Current items: Financial assets mandatorily measured at fair value through profit or loss Derivatives Valuation adjustment - Derivatives Total		March 31,2021		December 31,2020		March 31,2020
		- $ 16,986 16,986 $		- $ 6,107 6,107 $		- $ 12,353
						12,353 $

A. The Group recognised net gain of $10,879 and net loss of ($9,507) on financial assets at fair value through profit or loss for the three months ended March 31, 2021 and 2020, respectively.
B. The non-hedging derivative instrument transactions and contract information are as follows�

March 31, 2021

Financial Instrument MiTAC Computing Technology Corp. Forward foreign exchange - Buy Forward foreign exchange - Sell Forward foreign exchange - Buy MiTAC Digital Technology Corp. Forward foreign exchange - Buy Forward foreign exchange - Sell Forward foreign exchange - Sell Silver Star Developments Ltd. Forward foreign exchange - Sell	Item Advance booking USD to sell NTD Advance booking JPY to buy USD Advance booking USD to sell CNY Advance booking USD to sell NTD Advance booking EUR to buy USD Advance booking AUD to buy USD Advance booking EUR to buy USD	Notional Amount Fair Market Value (in thousands) (in thousands) USD 12,000 NTD 8,729 JPY 200,000 NTD 718 USD 1,500 NTD 372 USD 3,000 NTD 2,123 EUR 2,300 NTD 1,255 AUD 2,815 NTD 891 EUR 2,200 USD 96

December 31, 2020

Financial Instrument MiTAC Computing Technology Corp. Forward foreign exchange - Sell Forward foreign exchange - Buy MiTAC Digital Technology Corp. Forward foreign exchange - Sell Forward foreign exchange - Buy MiTAC Technology (KunShan) Co., Ltd. Forward foreign exchange - Sell	Item Advance booking USD to buy NTD Advance booking USD to sell NTD Advance booking USD to buy NTD Advance booking USD to sell NTD Advance booking USD to buy CNY	Notional Amount (in thousands) USD 20,500 USD 13,000 USD 2,500 USD 4,000 USD 300	Fair Market Value (in thousands)
			NTD 4,014 NTD 1,376 NTD 567 NTD 130 CNY 5

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March 31, 2020

Financial Instrument MiTAC Computing Technology Corp. Forward foreign exchange - Buy Forward foreign exchange - Sell Forward foreign exchange - Sell MiTAC Digital Technology Corp. Forward foreign exchange - Sell Forward foreign exchange - Buy Forward foreign exchange - Sell Forward foreign exchange - Sell	Item Advance booking USD to sell NTD Advance booking USD to buy NTD Advance booking CNY to buy USD Advance booking USD to buy NTD Advance booking USD to sell NTD Advance booking EUR to buy USD Advance booking AUD to buy USD	Notional Amount (in thousands) USD 28,000 USD 6,000 CNY 4,637 USD 5,000 USD 12,000 EUR 411 AUD 1,300	Fair Market Value (in thousands)
			NTD 6,363 NTD 171 NTD 315 NTD 538 NTD 2,549 NTD 60 NTD 2,357

C. The Group has no financial assets at fair value through profit or loss pledged to others.
D. Information relating to credit risk of financial assets at fair value through profit or loss is provided in Note 12(2).

(3) Financial assets at fair value through other comprehensive income

Items Current items: Equity instruments Listed stocks Valuation adjustment Total Non-current items: Equity instruments Listed stocks Unlisted stocks Subtotal Valuation adjustment Total		March 31,2021		December 31,2020		March 31,2020
		862,837 $ 609,950 1,472,787 $ 1,225,051 $ 1,798,502 3,023,553 3,757,776 6,781,329 $		800,614 $ 432,229 1,232,843 $ 1,225,051 $ 1,794,303 3,019,354 3,046,395 6,065,749 $		774,048 $ 72,581 846,629 $ 1,225,051 $ 1,810,102 3,035,153 1,542,637 4,577,790 $

A. The Group recognised $889,102 and ($207,147) in other comprehensive income (loss) for fair value change for the three months ended March 31, 2021 and 2020, respectively.
B. The Group has elected to designate the above investments, which were held mainly for medium to long-term trading purposes, as investments in equity instruments measured at fair value through other comprehensive income. As of March 31, 2021, December 31, 2020 and March 31, 2020, the fair value of investments were $8,254,116, $7,298,592 and $5,424,419, respectively.
(4) Financial assets at amortised cost

Items March 31, 2021 December 31, 2020 March 31, 2020 Current items: Structured deposits $ - $ - $ 17,020

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A. As of March 31, 2021, December 31, 2020 and March 31, 2020, without taking into account any collateral held or other credit enhancements, the maximum exposure to credit risk in respect of the amount that best represents the financial assets at amortised cost held by the Group were $0, $0 and $17,020, respectively.
B. Information relating to credit risk of financial assets at amortised cost is provided in Note 12(2).

(5) Accounts receivable

Third parties Less: Allowance for bad debts Related parties	March 31,2021 6,535,396 $ 91,701) ( ( 6,443,695 171,382 6,615,077 $	December 31,2020 5,073,532 $ 91,482) ( 4,982,050 215,960 5,198,010 $	March 31,2020 5,020,439 $ 77,037) 4,943,402 473,308 5,416,710 $

A. The ageing analysis of accounts receivable that were past due but not impaired is as follows:

Not past due Up to 90 days 91 to 180 days Over 181 days	March 31,2021 6,346,537 $ 346,802 2,208 11,231 6,706,778 $	5,011,648 $ 248,007 1,680 28,157 5,289,492 $ December 31,2020	March 31,2020
			5,105,078 $ 332,556 13,689 42,424
			5,493,747 $

The above ageing analysis was based on past due date.

B. As of March 31, 2021, December 31, 2020 and March 31, 2020, accounts receivable and notes receivable were all from contracts with customers. And as of January 1, 2020, the balance of accounts receivable from contracts with customers amounted to $6,472,725.
C. As of March 31, 2021, December 31, 2020 and March 31, 2020, without taking into account any collateral held or other credit enhancements, the maximum exposure to credit risk in respect of the amount that best represents the Group’s accounts receivable were $6,615,077, $5,198,010 and $5,416,710, respectively.
D. Information relating to credit risk of accounts receivable is provided in Note 12(2).
(6) Inventories

Inventories
Raw materials Work in process Finished goods Total	March 31,2021 Book value 6,422,069 $ 1,655,584 1,216,230 9,293,883 $	December 31,2020 Book value 6,699,085 $ 643,449 1,780,470 9,123,004 $	March 31,2020
			Book value
			5,393,995 $ 853,917 1,175,320
			7,423,232 $

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The cost of inventories recognised as expense for the period:

Cost of goods sold Loss on decline in market value	For the three months ended March 31,2021 10,366,582 $ 15,279 10,381,861 $	For the three months ended March 31,2020
		7,460,214 $ 70,514
		7,530,728 $

(7) Other financial assets

Other financial assets
Current: Pledged deposits Non-current: Pledged deposits Total	March 31,2021 322,691 $ 35,236 357,927 $	December 31,2020 8,754 $ 35,253 44,007 $	March 31,2020
			8,659 $
			35,018
			43,677 $

A. Information relating to credit risk of other financial assets is provided in Note 12(2).

B. Information about other financial assets that were pledged to others as collateral are described in Note 8.

(8) Investments accounted for using equity method

A.

Investee company Getac Technology Corp. 3 Probe Technology Co., Ltd. Lian Jie Investment Co., Ltd. Lian Jie II Investment Co., Ltd. Shen-Tong Construction & Development Co., Ltd. Mainpower International Ltd. Concentrix Corp. Synnex Corp. Suzhou MiTAC Preclusion Technology Co., Ltd. Loyal Fidelity Aerospace Corp. Harbinger Ruyi Venture Ltd. Harbinger Ruyi II Venture Ltd. Infopower Technologies Ltd.	March 31,2021 4,728,219 $ 13,106 196,443 44,932 85,969 245,350 6,894,194 6,230,467 360,856 121,891 18,970 52,447 70,618 19,063,462 $	December 31,2020 5,249,079 $ 13,962 168,258 42,467 86,012 240,230 6,677,974 5,977,703 354,254 123,406 18,970 49,096 70,278 19,071,689 $	March 31,2020
			4,418,745 $ 10,924 81,748 25,824 86,217 212,195 - 11,937,124 311,293 126,171 19,736 24,553 73,281
			17,327,811 $

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B. The Group’s recognised share of profit from associates accounted for using equity method for the three months ended March 31, 2021 and 2020 were $659,156 and $449,318, respectively, and recognised share of other comprehensive income (loss) from associates accounted for using equity method were $35,031 and ($230,598), respectively.
C. The basic information of the associates that are material to the Group is as follows:

Companyname Getac Technology Corp. Synnex Corp. Concentrix Corp.	Principal place of business		March 31, 2021 December 31,2020 March 31, 2020 Shareholdingratio	March 31, 2021 December 31,2020 March 31, 2020 Shareholdingratio	March 31, 2021 December 31,2020 March 31, 2020 Shareholdingratio	Nature of relationship	Methods of measurement
			March 31, 2021	December 31,2020
	Taiwan USA USA		32.16% 10.22% 10.28%	32.31% 10.28% 10.28%	32.60% 10.28% -	Owned over 20% Significant influence Significant influence	Equity method Equity method Equity method

D. The summarized financial information of the associates that are material to the Group is as follows:

Balance sheet

Balance sheet
			Getac Technology Corp.
		March 31,2021	December 31,2020			March 31, 2020
Current assets	$	20,729,727	$	19,825,742	$	18,472,279
Non-current assets		14,040,433		14,029,191		11,786,906
Current liabilities	(	14,162,048)	(	11,735,921)	(	11,293,360)
Non-current liabilities	(	4,171,159)	(	4,125,717)	(	3,754,305)
Non-controlling interest	(	1,733,076)	(	1,748,248)	(	1,657,750)
Total net assets	$	14,703,877	$	16,245,047	$	13,553,770
Share in associate’s net
assets	$	4,728,219	$	5,249,079	$	4,418,745
				SynnexCorp.
		March 31,2021	December 31,2020			March 31,2020
Current assets	$	194,169,575	$	209,922,862	$	209,986,858
Non-current assets		26,489,583		27,111,310		144,156,384
Current liabilities	(	113,235,669)	(	132,336,507)	(	127,765,669)
Non-current liabilities	(	46,467,907)	(	46,502,998)	(	110,219,331)
Total net assets	$	60,955,582	$	58,194,667	$	116,158,242
Share in associate’s net	$	6,230,467	$	5,977,703	$	11,937,124
assets

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Statement of comprehensive income March 31,2021 Current assets 40,157,420 $ Non-current assets 105,552,078 Current liabilities 25,041,631) ( Non-current liabilities 52,957,679) ( Total net assets 67,710,188 $ Share in associate’s net assets 6,894,194 $ Revenue Profit for the period from continuing operations Other comprehensive loss - net of tax ( Total comprehensive income Revenue Profit for the period from continuing operations Other comprehensive gain (loss) - net of tax Total comprehensive income Dividends received from associates		Concentrix Corp.
		For the three months ended March 31,2021 7,243,028 $ 501,822 $ 21,524) ( 480,298 $ Synnex
		For the three months ended March 31,2021 140,107,233 $ 2,484,591 $ 295,079 ( 2,779,670 $ 30,069 $

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Revenue Profit for the period from continuing operations Other comprehensive loss - net of tax ( Total comprehensive income	ConcentrixCorp.	ConcentrixCorp.
	For the three months ended March 31,2021 38,389,046 $ 2,402,695 $ 276,413) 2,126,282 $	For the three months ended March 31,2020
		- $
		- $ -
		- $

Note: Concentrix Corp. was established on December 1, 2020. Thus, the information related to its statement of comprehensive income was not available for the three months ended March 31, 2020.

E. The carrying amount of the Group’s interests in all individually immaterial associates and the Group’s share of the operating results are summarized below:

As of March 31, 2021, December 31, 2020 and March 31, 2020, the carrying amount of the Group’s individually immaterial associates amounted to $1,210,582, $1,166,933 and $971,942, respectively.

respectively.
					For the			For the
				three months ended			three months ended
					March 31,2021			March 31,2020
Profit (loss) for the period	from continuing			$	40,957	($		15,856)
operations
Other comprehensive gain	(loss) - net		of tax		62,269	(		109,440)
Total comprehensive income		(loss)		$	103,226	($		125,296)
The fair value of the Group’s		material	associates with		quoted market prices	is		as follows:
		March	31,2021	December 31,2020				March 31,2020
Getac Technology Corp.	$		11,157,261	$	9,310,410		$	8,044,271
Synnex Corp.			17,367,819		12,292,833			11,687,933
Concentrix Corp.			22,642,894		14,898,117			-
	$		51,167,974	$	36,501,360		$	19,732,204

F. The fair value of the Group’s material associates with quoted market prices is as follows:
G. The Group increased its investment in Synnex Corp. amounting to $112,100 in March 2020.
H. The Group holds 13.28% ownership in Mainpower International Ltd. but has significant influence over Mainpower International Ltd. as the Group serves as this company’s corporate director.
I. The Group holds 10.22% ownership in Synnex Corp. but has significant influence over Synnex Corp. as the Group is the major shareholder of Synnex Corp. and the Company’s chairman Feng Chiang Miau serves as this company’s honorary chairman.

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J. On December 1, 2020, Synnex Corp. completed the spin-off and established Concentrix Corp. The numbers of shares of Concentrix Corp. acquired by the shareholders of Synnex Corp. is equivalent to the numbers of shares in Synnex Corp. they held. Given that the Group is the major shareholder and one of the directors of Concentrix Corp., these indicate that the Group has significant influence over it.
K. Synnex Corp., Concentrix Corp.’s and Hyve Design Solutions Corporation’s fiscal year ends on November 30, thus, the Group uses the financial information from December 1, 2020 to February 28, 2021 as the basis for the preparation of first quarter consolidated financial statements; Infopower Technologies Ltd.’s fiscal year ends on March 31, thus, the Group uses the financial information from January 1 to March 31 as the basis for the preparation of annual consolidated financial statements; other associates’ fiscal year all end on December 31.
L. On August 19, 2020, the Group has no current ability to direct the decisions of relevant activities on meetings of their Board of Directors of Hyve Design Solutions Corporation. Thus, the Group lost control, but has significant influence over the associate. As a result, the Group derecognised the assets, liabilities and non-controlling interest of Hyve Design Solutions Corporation in their carrying amount on the date that control ceased from the consolidated financial statements according to IAS 10. The Group recognised the retained 50% share of the investment as the investment accounted for using equity method – associate at fair value on August 19, 2020. As of March 31, 2021 and December 31, 2020, the carrying amounts of the associate were ($41,341) and ($22,604), shown as other non-current liabilities.
M. The Group is the single largest shareholder of certain associates. Given that the Group has no majority voting rights, which indicates that the Group has no current ability to direct the decisions of relevant activities on meetings of their Board of Directors and shareholders after the comprehensive assessment. Thus, the Group has no control, but only has significant influence, over the associates.

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			Total		13,438,607 $		5,685,520) (	7,753,087 $		7,753,087 $	226,549	675) (	-	213,099) (	25,730) (	7,740,132 $		13,573,544 $		5,833,412) (	7,740,132 $
Construction	in progress	and equipment	under inspection		1,127,805 $		-	1,127,805 $		1,127,805 $	187,512	-	1,255,334) (	-	171) (	59,812 $		59,812 $		-	59,812 $
		Other	equipment		1,187,180 $		722,414) (	464,766 $		464,766 $	9,894	-	5,095	41,357) (	2,185) (	436,213 $		1,193,414 $		757,201) (	436,213 $
		Molding	equipment		160,589 $		60,903) (	99,686 $		99,686 $	12,382	-	-	13,899) (	-	98,169 $		171,388 $		73,219) (	98,169 $
		Leasehold	improvements		156,264 $		60,327) (	95,937 $		95,937 $	1,988	-	875	6,843) (	191) (	91,766 $		157,866 $		66,100) (	91,766 $
		Office	equipment		187,613 $		157,065) (	30,548 $		30,548 $	5,516	27) (	14) (	4,812) (	158) (	31,053 $		190,741 $		159,688) (	31,053 $
		Transportation	equipment		78,039 $		52,861) (	25,178 $		25,178 $	471	254) (	14) (	2,406) (	45) (	22,930 $		74,986 $		52,056) (	22,930 $
	Computer and	communication	equipment		179,594 $		133,697) (	45,897 $		45,897 $	1,349	66) (	2,569	8,332) (	130) (	41,287 $		178,476 $		137,189) (	41,287 $
			Machinery		2,825,267 $		1,713,572) (	1,111,695 $		1,111,695 $	4,904	327) (	15,696	79,678) (	6,457) (	1,045,833 $		2,807,812 $		1,761,979) (	1,045,833 $
		Buildings	and structures		6,450,874 $		2,784,681) (	3,666,193 $		3,666,193 $	2,533	1) (	1,231,127	55,772) (	16,744) (	4,827,336 $		7,653,316 $		2,825,980) (	4,827,336 $
			Land	At January 1, 2021	Cost 1,085,382 $	Accumulated depreciation	and impairment -	1,085,382 $	2021	At January 1 1,085,382 $	Additions -	Disposal -	Reclassifications -	Depreciation -	Effects of foreign exchange 351	At March 31 1,085,733 $	At March 31, 2021	Cost 1,085,733 $	Accumulated depreciation	and impairment -	1,085,733 $

			Total		12,809,711 $		4,998,716) (	7,810,995 $		7,810,995 $	247,540	66) (	-	204,501) (	35,421) (	7,818,547 $		12,961,118 $		5,142,571) (	7,818,547 $
Construction	in progress	and equipment	under inspection		937,087 $		-	937,087 $		937,087 $	110,476	-	30,687) (	-	11,899) (	1,004,977 $		1,004,977 $		-	1,004,977 $
		Other	equipment		1,083,777 $		635,822) (	447,955 $		447,955 $	33,325	-	10,684	40,036) (	3,127) (	448,801 $		1,114,351 $		665,550) (	448,801 $
		Molding	equipment		122,834 $		32,358) (	90,476 $		90,476 $	12,649	-	-	8,105) (	-	95,020 $		134,443 $		39,423) (	95,020 $
		Leasehold	improvements		132,544 $		42,481) (	90,063 $		90,063 $	2,864	-	220	6,259) (	115) (	86,773 $		135,519 $		48,746) (	86,773 $
		Office	equipment		192,175 $		148,115) (	44,060 $		44,060 $	946	1) (	296	5,074) (	20) (	40,207 $		197,035 $		156,828) (	40,207 $
		Transportation	equipment		72,293 $		45,991) (	26,302 $		26,302 $	1,300	-	-	2,559) (	57) (	24,986 $		71,216 $		46,230) (	24,986 $
	Computer and	communication	equipment		201,072 $		138,320) (	62,752 $		62,752 $	3,644	2) (	377	8,726) (	339) (	57,706 $		188,346 $		130,640) (	57,706 $
			Machinery		2,547,343 $		1,408,956) (	1,138,387 $		1,138,387 $	78,616	63) (	10,430	77,497) (	11,505) (	1,138,368 $		2,608,992 $		1,470,624) (	1,138,368 $
		Buildings	and structures		6,425,643 $		2,546,673) (	3,878,970 $		3,878,970 $	3,720	-	8,680	56,245) (	9,920) (	3,825,205 $		6,409,735 $		2,584,530) (	3,825,205 $
			Land		1,094,943 $		-	1,094,943 $		1,094,943 $	-	-	-	-	1,561	1,096,504 $		1,096,504 $		-	1,096,504 $
				At January 1, 2020	Cost	Accumulated depreciation	and impairment		2020	At January 1	Additions	Disposal	Reclassifications	Depreciation	Effects of foreign exchange	At March 31	At March 31, 2020	Cost	Accumulated depreciation	and impairment

� (10) Leasing arrangements lessee

A. The Group leases various assets including land, buildings and structures, machinery, office equipment and transportation equipment. Rental contracts are typically made for periods of 1 to 20 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants.
B. Certain leased buildings with lease terms under 12 months are short-term lease agreements. Additionally, the leased office equipment were low-value assets.
C. The carrying amount of right-of-use assets and the depreciation charge is as follows:

March 31,2021 December 31,2020 March 31,2020 Carryingamount Carryingamount Carryingamount Land $ 234,427 $ 238,179 $ 298,259 Buildings and structures 108,267 118,168 65,110 Machinery 296 389 559 Transportation equipment 2,802 3,138 - 345,792 $ 359,874 $ 363,928 $ For the three months ended For the three months ended March 31,2021 March 31,2020 Depreciation charge Depreciation charge Land $ 2,804 $ 3,610 Buildings and structures 9,107 10,331 Machinery 90 81 Transportation equipment 336 - 12,337 $ 14,022 $		March 31,2021		December 31,2020		March 31,2020
		Carryingamount		Carryingamount		Carryingamount

D. For the three months ended March 31, 2021 and 2020, the additions to right-of-use assets were
$286 and $0, respectively.
E. The information on profit and loss accounts relating to lease contracts is as follows:

The information on profit and loss accounts	relating to lease contracts	is as follows:
Items affecting profit or loss Interest expense on lease liabilities Expense on short-term lease contracts Expense on leases of low-value assets	For the three months March 31,2021	For the three months March 31,2020
	$ 921 4,940 534	$ 1,285 8,252 806

F. For the three months ended March 31, 2021 and 2020, the Group’s total cash outflow for leases were $16,686 and $25,346, respectively.

~27~

(11) Leasing arrangements lessor
A. The Group leases various assets including buildings and structures. Rental contracts are typically made for periods of 1 to 8 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions.
B. For the three months ended March 31, 2021 and 2020, the Group recognised rent income in the amounts of $27,413 and $24,644 respectively, based on the operating lease agreement, which does not include variable lease payments.
C. The maturity analysis of the lease payments under the operating leases are as follows:

March 31,2021 96,657 $ Later than one year but 105,580 not later than five years Over five years 5,308 207,545 $ Not later than one year	December 31,2020 108,941 $ 141,206 6,211 256,358 $	March 31,2020
		80,140 $ 167,310 8,553
		256,003 $

(12) Investment property

At January 1, 2021 Cost Accumulated depreciation and impairment 2021 At January 1 Additions Depreciation Effects of foreign exchange At March 31 At March 31, 2021 Cost Accumulated depreciation and impairment	Buildings Land and structures Total 954,835 $ 609,265 $ 1,564,100 $ - 334,669) ( 334,669) ( 954,835 $ 274,596 $ 1,229,431 $ 954,835 $ 274,596 $ 1,229,431 $ - 185 185 - 4,917) ( 4,917) ( 670) ( 4,708) ( 5,378) ( 954,165 $ 265,156 $ 1,219,321 $ 954,165 $ 600,703 $ 1,554,868 $ - 335,547) ( 335,547) ( 954,165 $ 265,156 $ 1,219,321 $

~28~

At January 1, 2020 Cost Accumulated depreciation and impairment 2020 At January 1 Depreciation Effects of foreign exchange At March 31 At March 31, 2020 Cost Accumulated depreciation and impairment	Buildings Land and structures Total 954,213 $ 598,434 $ 1,552,647 $ - 309,826) ( 309,826) ( 954,213 $ 288,608 $ 1,242,821 $ 954,213 $ 288,608 $ 1,242,821 $ - 4,833) ( 4,833) ( 152) ( 2,215) ( 2,367) ( 954,061 $ 281,560 $ 1,235,621 $ 954,061 $ 593,662 $ 1,547,723 $ - 312,102) ( 312,102) ( 954,061 $ 281,560 $ 1,235,621 $

A. Rental income from investment property and direct operating expenses arising from investment property are shown below�

Rental income from the lease of the investment property Direct operating expenses arising from the investment property that generated rental income in the period Direct operating expenses arising from the investment property that did not generate rental income in the period	For the three months ended March 31,2021 6,132 $ 4,561 $ 3,769 $	For the three months ended March 31,2020
		5,065 $
		4,087 $
		3,347 $

B. The fair value of the investment property held by the Group on March 31, 2021, December 31, 2020 and March 31, 2020 were $3,494,690, $3,502,285 and $3,476,106, respectively, which were revalued by independent appraisers and with reference to market transaction prices. Valuations were made using the market approach and cost approach which is categorised within Level 3 in the fair value hierarchy.

~29~

(13) Intangible assets

Intangible assets
			Computer		software
			2021			2020
At January 1
Cost	$		275,844	$		264,109
Accumulated amortization and impairment	(		199,940)	(		174,661)
	$		75,904	$		89,448
At January 1	$		75,904	$		89,448
Additions			33,946			16,259
Amortization	(		23,968)	(		21,538)
Effects of foreign exchange	(		8)			3
At March 31	$		85,874	$		84,172
At March 31
Cost	$		226,198	$		213,550
Accumulated amortization and impairment	(		140,324)	(		129,378)
	$		85,874	$		84,172
Details of amortization of intangible assets are as follows:
			For the			For the
		three months ended			three months ended
			March 31,2021			March 31,2020
Operating costs		$	331		$	326
Selling expenses			2,572			4,029
Administrative expenses			3,525			3,126
Research and development expenses			17,540			14,057
		$	23,968		$	21,538

(14) Non-current assets held for sale

A. To cooperate with the local government’s urban development plan through land-use-right expropriation, the Board of Directors adopted a resolution on November 7, 2019 to dispose of the land-use-right and related buildings located in the Shunde District, Foshan City, China through public auction by the Land Arrangement and Reserve Center of Shunde District, Foshan City ( "Foshan-Shunde Land Development Center" ) by way of land-use-right requisition on credit. The titles of land-use-right and related buildings have been transferred to and would be managed by Foshan-Shunde Land Development Center. The disposal of the land-use-right and buildings meets the criteria of sales to be highly probable, therefore the Group reclassified related assets as non-current assets held for sale in December 2019. As at March 31, 2021, the Group has received $167,734 in advance of certain transaction (shown as advance receipts).

~30~

B. To cooperate with the local government’s need of upgrading and reconstructing rural-level industrial park through land-use-right expropriation, the Board of Directors adopted a resolution on December 25, 2020 to dispose of the land-use-right of certain land located in the Shunde District, Foshan City, China to Foshan-Shunde Land Development Center. The disposal of the land-use-right meets the criteria of sales to be highly probable, therefore the Group reclassified related assets from right-of-use assets as non-current assets held for sale. As at March 31, 2021, the Group has received $399,851 in advance of certain transaction (shown as advance receipts).
Non-current assets held for the sale:

		March 31,2021	December 31, 2020	December 31, 2020		March 31, 2020
Right-of-use assets	$	67,998	$	68,515	$	12,125
Investment property		21,455		21,618		21,016
	$	89,453	$	90,133	$	33,141
(15)Short-term borrowings
		March 31,2021	December 31,2020			March 31,2020
Unsecured bank
borrowings	$	3,045,655	$	1,443,851	$	3,188,850
Secured bank
borrowings		314,003		-		-
	$	3,359,658	$	1,443,851	$	3,188,850
Interest rates		0.46%~1%		0.56~0.63%		0.78%~2.73%
(16)Financial liabilities at fair	value through profit or		loss
Items		March 31,2021	December 31,2020			March 31,2020
Current items:
Financial liabilities
held for trading
Valuation adjustment - Derivatives	$	17,284	$	11,691	$	4,656

A. The Group recognised net profit (loss) of ($5,593) and $3,989 for the three months ended March 31, 2021 and 2020, respectively.
B. The non-hedging derivative instrument transactions and contract information are as follows:

~31~

Financial Instrument MiTAC Computing Technology Corp. Forward foreign exchange - Sell Forward foreign exchange swap - Sell MiTAC Digital Technology Corp. Forward foreign exchange - Sell Forward foreign exchange - Buy Mitac Technology ( Kunshan) Co., Ltd. Forward foreign exchange - Sell	March 31,2021	March 31,2021
	Item Advance booking USD to buy NTD Advance booking USD to buy NTD Advance booking USD to buy NTD Advance booking JPY to sell USD Advance booking USD to buy CNY	Notional Amount (in thousands) USD 14,000 USD 22,500 USD 4,000 JPY 64,000 USD 450	Fair Market Value (in thousands)
			(NTD 7,579) (NTD 7,131) (NTD 2,070) (NTD 386) (CNY 27)

Financial Instrument MiTAC Computing Technology Corp. Forward foreign exchange - Sell Forward foreign exchange - Buy MiTAC Digital Technology Corp. Forward foreign exchange - Sell Forward foreign exchange - Buy Forward foreign exchange - Sell Forward foreign exchange - Sell Silver Star Developments Ltd. Forward foreign exchange - Sell Mitac Australia Pty Ltd. Forward foreign exchange - Buy	December	31,2020
	Item Advance booking USD to buy NTD Advance booking USD to sell NTD Advance booking USD to buy NTD Advance booking USD to sell NTD Advance booking EUR to buy USD Advance booking AUD to buy USD Advance booking EUR to buy USD Advance booking USD to sell AUD	Notional Amount (in thousands) USD 14,000 USD 12,500 USD 6,000 USD 3,500 EUR 800 AUD 3,250 EUR 2,200 USD 100	Fair Market Value (in thousands)
			(NTD 1,085) (NTD 1,562) (NTD 1,141) (NTD 319) (NTD 722) (NTD 4,471) (USD 79) (AUD 6)

March 31, 2020

Financial Instrument Item MiTAC Computing Technology Corp. Forward foreign exchange - Sell Advance booking USD to buy NTD Forward foreign exchange - Buy Advance booking USD to sell NTD Forward foreign exchange - Sell Advance booking USD to buy JPY MiTAC Digital Technology Corp. Forward foreign exchange - Sell Advance booking USD to buy NTD Forward foreign exchange - Buy Advance booking USD to sell NTD Forward foreign exchange - Sell Advance booking EUR to buy USD Silver Star Developments Ltd. Forward foreign exchange - Sell Advance booking EUR to buy USD	Notional Amount (in thousands) USD 27,000 USD 2,000 USD 1,800 USD 9,000 USD 3,000 EUR 787 EUR 2,300	Fair Market Value (in thousands)
		(NTD 2,720) (NTD 35) (NTD 579) (NTD 702) (NTD 53) (NTD 203) (USD 12)

~32~

- (17) Long term borrowings

Type of borrowings Long-term bank borrowings Taipei Fubon Bank Bank of Taiwan Taishin International Bank E.SUN Commercial Bank	Borrowing period and repayment term Interest rate range Collateral The borrowing period was from October 15, 2019 to October 15, 2024 and the interest was paid monthly. The grace period was 2 years, if the grace period was over, the borrowing should be repaid monthly in 37 installments. 0.49% None The borrowing period was from October 15, 2019 to October 15, 2026 and the interest was paid monthly. The grace period was 2 years, if the grace period was over, the borrowing should be repaid monthly in 60 installments. 0.50% None The borrowing period was from October 15, 2019 to October 15, 2024 and the interest was paid monthly. After 3 years from the date of first drawing, the borrowing should be repaid monthly in 24 installments. 0.50% None The borrowing period was from October 29, 2019 to October 15, 2026 and the interest was paid monthly. The grace period was 3 years, if the grace period was over, the borrowing should be repaid monthly in 48 installments. 0.50% None	March 31,2021
		500,000 $ 201,813 50,248 39,500

~33~

	Borrowing period
Type ofborrowings andrepayment term		Interest raterange		Collateral			March 31,2021
Taipei Fubon Bank	The borrowing period was
	from August 28, 2020 to
	October 15, 2026 and the
	interest was paid monthly.
	The grace period was 3
	years, if the grace period
	was over, the borrowing
	should be repaid monthly in
	39 installments.	0.49%	None				72,000
							863,561
Less: Current portion (Note)					(		97,899)
					$		765,662
Note: Shown as ‘other current liabilities’
	Borrowing period
Type of borrowings	and repayment term	Interest rate range		Collateral	December 31,2020
Long-term bank
borrowings
Taipei Fubon	The borrowing period was
Bank	from October 15, 2019 to
	October 15, 2024 and the
	interest was paid monthly. The
	grace period was 2 years, if the
	grace period was over, the
	borrowing should be repaid
	monthly in 37 installments.	0.49%		None		$	500,000
Bank of Taiwan	The borrowing period was
	from October 15, 2019 to
	October 15, 2026 and the
	interest was paid monthly. The
	grace period was 2 years, if the
	grace period was over, the
	borrowing should be repaid
	monthly in 60 installments.	0.50%		None			201,813

~34~

	Borrowing period
Type ofborrowings	andrepayment term	Interest raterange	Collateral	December	31,2020
Taishin	The borrowing period was
International	from October 15, 2019 to
Bank	October 15, 2024 and the
	interest was paid monthly.
	After 3 years from the date of
	first drawing, the borrowing
	should be repaid monthly in 24
	installments.	0.50%	None		50,248
E.SUN	The borrowing period was
Commercial	from October 29, 2019 to
Bank	October 15, 2026 and the
	interest was paid monthly. The
	grace period was 3 years, if the
	grace period was over, the
	borrowing should be repaid
	monthly in 48 installments.	0.50%	None		39,500
Taipei Fubon	The borrowing period was
Bank	from August 28, 2020 to
	October 15, 2026 and the
	interest was paid monthly. The
	grace period was 3 years, if the
	grace period was over, the
	borrowing should be repaid
	monthly in 39 installments.	0.49%	None		72,000
HSBC Bank	The borrowing period was
USA	from May 8, 2020 to May 7,
	2022. After 6 months from the
	date of first drawing, the
	principal and interest should
	be repaid monthly in 18
	installments. As the loan is
	during the moratorium period
	applied to the United States
	Government, the repayment of
	the principal and interest was
	not commenced as of
	December 31, 2020.	1.00%	None		47,073
					910,634
Less: Current portion (Note)				(	47,268)
				$	863,366
Note: Shown as ‘other current liabilities’

~35~

Type of borrowings Long-term bank borrowings Taipei Fubon Bank Bank of Taiwan Taishin International Bank E.SUN Commercial Bank Less: Current portion	Borrowing period and repayment term Interest rate range The borrowing period was from October 15, 2019 to October 15, 2024 and the interest was paid monthly. The grace period was 2 years, if the grace period was over, the borrowing should be repaid monthly in 37 installments. 0.70% The borrowing period was from October 15, 2019 to October 15, 2026 and the interest was paid monthly. The grace period was 2 years, if the grace period was over, the borrowing should be repaid monthly in 60 installments. 0.70% The borrowing period was from October 15, 2019 to October 15, 2024 and the interest was paid monthly. After 3 years from the date of first drawing, the borrowing should be repaid monthly in 24 installments. 0.50% The borrowing period was from October 29, 2019 to October 15, 2026 and the interest was paid monthly. The grace period was 3 years, if the grace period was over, the borrowing should be repaid monthly in 48 installments. 0.50%	Collateral None None None None	March 31,2020
			500,000 $ 201,813 50,248 39,500
			791,561 -
			791,561 $

~36~

(18) Pensions

A.(a) The Company and its domestic subsidiaries have a defined benefit pension plan in accordance with the Labor Standards Law, covering all regular employees’ service years prior to the enforcement of the Labor Pension Act on July 1, 2005 and service years thereafter of employees who chose to continue to be subject to the pension mechanism under the Law. Under the defined benefit pension plan, two units are accrued for each year of service for the first 15 years and one unit for each additional year thereafter, subject to a maximum of 45 units. Pension benefits are based on the number of units accrued and the average monthly salaries and wages of the last 6 months prior to retirement. The Company and its domestic subsidiaries contribute monthly an amount equal to 2% of the employees’ monthly salaries and wages to the retirement fund deposited with Bank of Taiwan, the trustee, under the name of the independent retirement fund committee. Also, the Company and its domestic subsidiaries would assess the balance in the aforementioned labor pension reserve account by the end of December 31, every year. If the account balance is insufficient to pay the pension calculated by the aforementioned method, to the employees expected to be qualified for retirement next year, the Company and its domestic subsidiaries will make contributions to cover the deficit by next March.
(b) For the aforementioned pension plan, the Group recognised pension costs of $2,055 and $2,126 for the three months ended March 31, 2021 and 2020, respectively.
(c) Expected contributions to the defined benefit pension plans of the Group for the year ending December 31, 2022 amount to $8,220.
B.(a) Effective July 1, 2005, the Company and its domestic subsidiaries have established a defined contribution pension plan (the “New Plan”) under the Labor Pension Act (the “Act”), covering all regular employees with R.O.C. nationality. Under the New Plan, the Company and its domestic subsidiaries contribute monthly an amount based on 6% of the employees’ monthly salaries and wages to the employees’ individual pension accounts at the Bureau of Labor Insurance. The benefits accrued are paid monthly or in lump sum upon termination of employment.
(b)The Company’s Mainland China subsidiaries have a defined contribution plan. Monthly contributions to an independent fund administered by the government in accordance with the pension regulations in the People’s Republic of China (PRC) are based on certain percentages of employees’ monthly salaries and wages. Other than the monthly contributions, the Group has no further obligations.
(c) The pension costs under the defined contribution pension plans of the Group for the three months ended March 31, 2021 and 2020 were $51,151 and $44,105, respectively.

~37~

(19) Provisions

Warranty

Analysis of total provisions: At January 1 Additional provisions Used during the period Effects of foreign exchange At March 31 Current Non-current	March 31,2021 123,164 $ 125,217 $	2021 256,074 $ 20,064 27,367) ( 390) ( 248,381 $ December 31,2020 132,169 $ 123,905 $	2020 252,306 $ 30,372 22,849) ( 540) ( 259,289 $ March 31,2020 140,003 $ 119,286 $

(20) Share capital

A. As of March 31, 2021, the Company’s authorized capital was $15,000,000, consisting of 1.5 billion shares, and the paid-in capital was $12,065,568 with a par value of $10 dollars per share. Movements in the number of the Company’s ordinary shares outstanding are as follows:

Unit: in thousands of shares

Outstanding shares as of January 1 Disposal of the Company’s treasury share by subsidiaries Outstanding shares as of March 31	2021 1,195,178 - 1,195,178	2020
		1,061,382 4,516
		1,065,898

B. Treasury shares
(a) Reason for share reacquisition and movements in the number of the Company’s treasury shares are as follows:

shares are as follows:
		March 31,2021
Name of company	Reason for	Number of shares		Carrying
holdingthe shares	reacquisition	(shares in thousands)		amount
Subsidiary - Tsu Fung Investment Corp.	Stock conversion	9,250	$	162,874
Subsidiary - SSDL	"	2,128		77,002
		December 31,2020
Name of company	Reason for	Number of shares		Carrying
holdingthe shares	reacquisition	(shares in thousands)		amount
Subsidiary - Tsu Fung Investment Corp.	Stock conversion	9,250	$	162,874
Subsidiary - SSDL	"	2,128		77,002

~38~

Name of company holdingthe shares Subsidiary - Tsu Fung Investment Corp. Subsidiary - SSDL	Reason for reacquisition Stock conversion "	March 31,2020	March 31,2020
		Number of shares (shares in thousands) 9,484 1,900	Carrying amount
			187,031 $ 77,002

(b) Pursuant to the R.O.C. Securities and Exchange Act, the number of shares bought back as treasury shares should not exceed 10% of the number of the Company’s issued and outstanding shares and the amount bought back should not exceed the sum of retained earnings, paid-in capital in excess of par value and realized capital surplus.
(c) Pursuant to the R.O.C. Securities and Exchange Act, treasury stock should not be pledged as collateral and is not entitled to dividends.
(d) Pursuant to the R.O.C. Securities and Exchange Act, treasury shares should be reissued to the employees within five years from the reacquisition date and shares not reissued within the five-year period are to be retired. Treasury shares to enhance the Company’s credit rating and the stockholders’ equity should be retired within six months of acquisition.
(e) In accordance with the “Rule No. Financial-Supervisory-Commission, Securities and Futures Bureau, 1010047490,” the Company shall not appropriate special reserve proportionately to the shareholding ratio for the difference of ending market price below the carrying amount of the parent’s stock held by the subsidiaries. If the market price reverses subsequently, the reversal amount shall be appropriated as special reserve proportionately to the shareholding ratio.
(f) In the first quarter of 2020, the subsidiary, Tsu Fung Investment Corp. disposed 4,516 thousand shares of the Company amounting to $155,237.

(21) Capital surplus

Capital surplus
At January 1, 2021 Subsidiaries received cash dividends paid by the parent company Changes from associates and joint ventures accounted for using the equity method Recognition of dividends unclaimed by the shareholders dividends transferred to capital surplus At March 31, 2021	Share premium 21,571,329 $ - - - 21,571,329 $	Net equity of associates and Treasury joint ventures stock accounted for using trnsactions equitymethod 457,198 $ 1,205,361 $ 11,379 - - 33,863) ( - - 468,577 $ 1,171,498 $	Changes in ownership interests insubsidiaries 609 $ - - - 609 $	Employee stockoptions 346,814 $ - - - 346,814 $	Others Total 1,100 $ 23,582,411 $ - 11,379 - 33,863) ( 378 378 1,478 $ 23,560,305 $	Total
						23,560,305 $

~39~

At January 1, 2020 Changes from associates and joint ventures accounted for using the equity method Disposal of company’s share by subsidiaries recognized as treasury share transactions At March 31, 2020	Share premium 21,571,329 $ - - 21,571,329 $	Treasury stock trnsactions 362,997 $ - 66,183 429,180 $	Net equity of associates and joint ventures accounted for using equitymethod 1,118,253 $ 44,854 - 1,163,107 $	Changes in ownership interests in subsidiaries 609 $ - - 609 $	Employee stock options 346,814 $ - - 346,814 $	Others - $ - - - $	Total
							23,400,002 $ 44,854 66,183
							23,511,039 $

Pursuant to the R.O.C. Company Act, capital surplus arising from paid-in capital in excess of par value on issuance of common stocks and donations can be used to cover accumulated deficit or to issue new stocks or cash to shareholders in proportion to their share ownership, provided that the Company has no accumulated deficit. Further, the R.O.C. Securities and Exchange Act requires that the amount of capital surplus to be capitalized mentioned above should not exceed 10% of the paidin capital each year. Capital surplus should not be used to cover accumulated deficit unless the legal reserve is insufficient.

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(22) Retained earnings

A. Under the Company’s Articles of Incorporation, the current year’s earnings, if any, shall first be used to pay all taxes and offset prior years’ accumulated deficit and then 10% of the remaining amount shall be set aside as legal reserve. Special reserve shall also be set aside or reversed pursuant to the regulations. Appropriation of the remainder along with prior year’s accumulated unappropriated retained earnings shall be proposed by the Board of Directors, and shall be resolved by the stockholders when they are appropriated by issuing new shares. If the appropriation of retained earnings was appropriated in the form of cash, the appropriation should be in line with Article 240-5 of the Company Act, as resolved by a majority vote at a meeting of Board of Directors attended by two-thirds of the total number of directors, and reported to the shareholders’ meeting.
B. Earnings appropriation ratio and cash dividends ratio are decided by the Board of Directors, taking into account the Company’s financial structure, future capital requirements and profitability, and cash dividends shall account for at least 10% of the total dividends appropriated.
C. Except for covering accumulated deficit or issuing new stocks or cash to shareholders in proportion to their share ownership, the legal reserve shall not be used for any other purpose. The use of legal reserve for the issuance of stocks or cash to shareholders in proportion to their share ownership is permitted, provided that the distribution of the reserve is limited to the portion in excess of 25% of the Company’s paid-in capital.
In line with Article 241 of the Company Act, all or part of the legal reserve and capital reserve could be appropriated as cash dividends as resolved by a majority vote at a meeting of Board of Directors attended by two-thirds of the total number of directors, and reported to the shareholders’ meeting.
D. In accordance with the regulations, the Company shall set aside special reserve from the debit balance on other equity items at the balance sheet date before distributing earnings. When debit balance on other equity items is reversed subsequently, the reversed amount could be included in the distributable earnings.

~41~

E. The appropriation of 2020 earnings had been proposed at the Board of Directors’ meeting on March 8, 2021, and the appropriation of 2019 earnings had been resolved at the shareholders’ meeting on May 28, 2020. Details are summarized below:

	For	theyear ended	December 31,2020	December 31,2020	For	theyear ended	December 31,2019	December 31,2019
			Dividend per share				Dividend per share
		Amount		(in dollars)		Amount		(in dollars)
Legal reserve	$	293,325			$	283,976
Reversal of special
reserve		-			(	12,265)
Cash dividend		1,206,557	$	1.0		1,077,283	$	1.0
Stock dividend		-		-		1,292,739		1.2
Total	$	1,499,882	$	1.0	$	2,641,733	$	2.2

As of the report issuance date, the appropriation of 2020 earnings will be resolved at the shareholder's meeting. And a report on the distribution of cash dividends will be reported at the shareholder's meeting accordingly.

(23) Other equity items

2021

				2021
		Unrealised
		gains (losses)		Currency
		on valuation		translation		Total
At January 1	$	3,546,733	($	1,803,450)	$	1,743,283
Reclassified to profit or loss
upon disposal
- Group		-		4,102		4,102
Reclassified to retained earnings
upon disposal
- Group	(	122)		-	(	122)
- Associates	(	4,247)		-	(	4,247)
Revaluation
- Group		889,102		-		889,102
- Associates		41,714		-		41,714
Currency translation differences:
- Group		-	(	20,845)	(	20,845)
- Associates		-	(	6,683)	(	6,683)
At March 31	$	4,473,180	($	1,826,876)	$	2,646,304

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2020

				2020
		Unrealised
		gains (losses)		Currency
		on valuation		translation		Total
At January 1	$	1,753,427	($	1,081,728)	$	671,699
Reclassified to profit or loss
upon disposal
- Group		-		386		386
Reclassified to retained earnings
upon disposal
- Group		108		-		108
- Associates		152		-		152
Revaluation
- Group	(	207,147)		-	(	207,147)
- Associates	(	61,070)		-	(	61,070)
Currency translation differences:
- Group		-		48,066		48,066
- Associates		-	(	169,528)	(	169,528)
At March 31	$	1,485,470	($	1,202,804)	$	282,666

(24) Operating revenue

Operating revenue
A. Disaggregation of revenue from contracts with customers For the three months ended March 31,2021 Revenue from contracts with customers 11,427,520 $ For the three months ended March 31,2021 Cloud computing product 9,463,670 $ Automotive electronics and AIoT product 1,095,263 Others 868,587 11,427,520 $	For the three months ended March 31,2020
	8,683,565 $
	For the three months ended March 31,2020 6,792,194 $ 1,237,785 653,586 8,683,565 $

B. Contract liabilities

The Group has recognised the following revenue-related contract liabilities:

Contract liabilities – sales of goods Contract liabilities – others	March 31,2021 207,003 $ 2,547 209,550 $	December 31,2020 122,771 $ 5,095 127,866 $	March 31,2020
			213,133 $ 3,822
			216,955 $

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(25) Interest income

Interest income from bank deposits Interest income from financial assets measured at amortised cost Total	For the three months ended March 31,2021 8,975 $ 324 9,299 $	For the three months ended March 31,2020
		11,268 $ 1,556
		12,824 $

(26) Other income

Other income
Rent revenue Dividend income Other income Total	For the three months ended March 31,2021 27,413 $ 27,921 19,317 74,651 $	For the three months ended March 31,2020
		24,644 $ 28,302 24,228
		77,174 $

(27) Other gains and losses

Other gains and losses
		For the three	months		For the three months
		ended			ended
		March 31,	2021		March 31,	2020
Gains on disposals of property, plant and	$		263	$		884
equipment
Losses on disposal of investments	(		4,102)	(		386)
Net currency exchange gains (losses)	(		6,224)			16,861
Gains (losses) on financial assets/liabilities at
fair value through profit or loss			5,286	(		5,518)
Other losses	(		8,573)	(		8,443)
Total	($		13,350)	$		3,398

(28) Financial costs

Financial costs
Interest expense on bank borrowings Interest expense on lease liabilities	For the three months ended March 31,2021 5,748 $ 921 6,669 $	For the three months ended March 31,2020
		19,611 $ 1,285
		20,896 $

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(29) Expense by nature

Expense by nature
Employee benefit expense Depreciation charges on property, plant and equipment, investment property and right-of-use assets Amortization charges Total	For the three months ended March 31,2021 1,356,871 $ 230,353 23,968 1,611,192 $	For the three months ended March 31,2020
		1,399,352 $ 223,356 21,538
		1,644,246 $

(30) Employee benefit expenses

Wages and salaries Labor and health insurance fees Pension costs Other personnel expenses	For the three months ended March 31,2021 1,188,833 $ 68,984 53,206 45,848 1,356,871 $	For the three months ended March 31,2020
		1,224,569 $ 88,039 46,231 40,513
		1,399,352 $

A. According to the amended Articles of Incorporation, the profit (pre-tax profit before deduction of employees’ compensation and directors’ remuneration) of the current year shall be distributed as employees’ compensation and directors’ remuneration, which will be resolved by the Board of Directors. The ratio shall not be lower than 0.1% for employees and not be higher than 1% for directors. If a company has an accumulated deficit, earnings should be reserved to cover losses. Employees’ compensation can be distributed by stock or dividends, and employees must be working for the Company. The Chairman of the Board is authorised to set the qualification requirements.
B. For the three months ended March 31, 2021 and 2020, employees’ compensation was accrued at 0.1% of gain on pre-tax profit before deduction of employees’ compensation and directors’ remuneration. Directors’ remuneration were accrued under 1% of gain on pre-tax profit before deduction of employees’ compensation and directors’ remuneration.
C. For the three months ended March 31, 2021 and 2020, employees’ compensation were accrued at $695 and $518, respectively; and directors’ remuneration were accrued at $1,248 and $1,248, respectively. The aforementioned amounts were recognised in salary expenses. Employees’ cash bonus and directors’ remuneration of 2020 and 2019 as resolved at the Board of Directors of the Company were in agreement with those amounts recognised in the 2020 and 2019 consolidated financial statements.
D. Information about employees’ compensation and directors’ remuneration of the Company as resolved by the Board of Directors will be posted in the “Market Observation Post System” at

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the website of the Taiwan Stock Exchange.

(31) Income tax

A. Income tax expense

Components of income tax expense:

Current tax: Current tax on profits for the period Prior year income tax overestimation Total current tax Deferred tax: Origination and reversal of temporary differences Total deferred tax Income tax expense	For the three months ended March 31,2021 29,958 $ 1) ( 29,957 4,091) ( 4,091) ( 25,866 $	For the three months ended March 31,2020 35,266 $ - 35,266 1,636) ( 1,636) ( 33,630 $

B. The Company’s income tax returns through 2016 have been assessed and approved by the Tax Authority.

(32) Earnings per share

Earnings per share
Weighted average number of ordinary Amount shares outstanding Earnings per share Basic earnings per share after tax (shares in thousands) (in dollars) Profit attributable to ordinary shareholders of the parent 676,333 $ 1,195,178 0.57 $ Diluted earnings per share Profit attributable to ordinary shareholders of the parent 676,333 $ Less: Effect of dilutive potential common stocks issued by investee companies 8,634) ( Assumed conversion of all dilutive potential ordinary shares Employees’ compensation - 95 Net income attributable to common stockholders plus dilutive effect of common stock equivalents 667,699 $ 1,195,273 0.56 $ For the three months ended March 31,2021	For the three months ended March 31,2021
		Weighted average number of ordinary shares outstanding (shares in thousands) 1,195,178 95 1,195,273	Earnings per share (in dollars)
			0.57 $
			0.56 $

~46~

Weighted average number of ordinary Amount shares outstanding Earnings per share Basic earnings per share after tax (shares in thousands) (in dollars) Profit attributable to ordinary shareholders of the parent 502,246 $ 1,190,434 0.42 $ Diluted earnings per share Profit attributable to ordinary shareholders of the parent 502,246 $ Less: Effect of dilutive potential common stocks issued by investee companies 3,482) ( Assumed conversion of all dilutive potential ordinary shares Employees’ compensation - 74 Net income attributable to common stockholders plus dilutive effect of common stock equivalents 498,764 $ 1,190,508 0.42 $ For the three months ended March 31,2020	For the three months ended March 31,2020	For the three months ended March 31,2020	For the three months ended March 31,2020
		Weighted average number of ordinary shares outstanding (shares in thousands) 1,190,434 74 1,190,508	Earnings per share (in dollars)
			0.42 $
			0.42 $

A. Basic earnings per share is calculated with the gain or loss attributable to the shareholders of the ordinary shares issued by the Company, divided with outstanding weighted average ordinary shares during the period, and deducted with weighted average treasury shares.
B. For the three months ended March 31, 2020, the outstanding weighted average shares was retrospectively adjusted based on retained earnings capitalization ratio in 2020.

~47~

(33) Transactions with non-controlling interest

The Group’s subsidiary, MiTAC Computing Technology Corp. and the non-controlling interest increased their investment in the subsidiary, Hyve Design Solutions Corporation, in January 2020 proportionally to their interests. The amount of $90,150 was invested by the non-controlling interest.

(34) Supplemental cash flow information

Financing activities with partial cash payments�

ancing activities with partial cash payment	s	�	�	�
		For the three months				For the three		months
			ended				ended
			March 31,	2021			March 31,	2020
Declared cash dividends - the Company	$		1,206,557		$		1,077,283
Declared cash dividends - subsidiaries				-				4,463
Less: Recognition of cash dividends
declared by the parent to subsidiaries	(			11,379)				-
Dividends payable	(		1,195,178)		(		1,081,746)
Cash paid during the period		$		-		$		-

(35) Changes in liabilities from financing activities

At January 1, 2021 Changes in cash flow Impact of changes in foreign exchange rate Changes in other non- cash items At March 31, 2021 At January 1, 2020 Changes in cash flow Impact of changes in foreign exchange rate Changes in other non- cash items At March 31, 2020	Short-term borrowings	Guarantee deposit received	Lease liabilities	Long-term borrowings (including current portion)	Long-term borrowings (including current portion)		Dividends payable	Liabilities from financing activities-gross
	1,443,851 $ 1,870,869 1,948) ( 46,886 3,359,658 $ Short-term borrowings	23,205 $ 1,584) ( 91) ( - 21,530 $ Guarantee deposit received	231,208 $ 11,212) ( 628) ( 1,207 220,575 $ Lease liabilities	910,634 $ - 187) ( 46,886) ( 863,561 $ Long-term borrowings			- $ - - 1,195,178 1,195,178 $ Dividends payable	2,608,898 $ 1,858,073 2,854) ( 1,196,385 5,660,502 $ Liabilities from financing activities-gross
	3,803,871 $ 621,003) ( 5,982 - 3,188,850 $	23,645 $ 782) ( 1,148) ( - 21,715 $	189,228 $ 16,288) ( - 1,285 174,225 $		791,561 $ - - - 791,561 $		- $ - - 1,081,746 1,081,746 $	4,808,305 $ 638,073) ( 4,834 1,083,031 5,258,097 $

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7. RELATED PARTY TRANSACTIONS

(1) Names of related parties and relationship

Names of related parties Relationship with the Group Getac Technology Corp. and subsidiaries Associate Synnex Corp. and subsidiaries Associate Infopower Technologies Ltd. Associate Loyal Fidelity Aerospace Co., Ltd. Associate Synnex Technology International Corp. and Common Chairman subsidiaries Harbinger Venture Management Company Ltd. Common Chairman Lien Hwa Industrial Holdings Corp. and subsidiaries Common Chairman UPC Technology Corp. Common Chairman ShenTong Information Co., Ltd. and subsidiaries The Group’s Chairman was this company’s director Hyve Design Solutions Corporation and subsidiaries Associate (Note) Note: It became an associate of the Group since August 19, 2020.

(2) Significant related party transactions and balances

A. Operating revenue:

(a)

Sales of goods: -Associates-Synnex Corp. and subsidiaries -Associates-Others -Other related parties Subtotal Sales of services: -Associates-Synnex Corp. and subsidiaries -Associates-Others Subtotal Total	For the three months ended March 31,2021 237,635 $ 16,811 800 255,246 149 $ 2,506 2,655 257,901 $	For the three months ended March 31,2020
		557,266 $ 11,764 171
		569,201
		89,485 $ 701
		90,186
		659,387 $

(b) The selling price to related parties is determined based on the economic environment and market competition in the region of the related party.
(c) The Group’s term of credit for related parties is the same with third party clients. The payment is generally due around 3 months after delivery.

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B. Purchases:

(a)

Purchases of goods: -Associates -Other related parties - Synnex Techonology International Corp. and subsidiaries Total	For the three months ended March 31,2021 8,297 $ 48,636 56,933 $	For the three months ended March 31,2020
		9,912 $ 281,267
		291,179 $

(b) The purchase price from related parties cannot be compared with the prices to third parties due to differences in product specifications.

C. Receivables from related parties:

March 31,2021 Accounts receivable: -Associates-Synnex Corp. and subsidiaries 169,378 $ -Associates-Others 1,179 -Other related parties 825 Subtotal 171,382 Other receivables - others: -Associates-Getac Technology Corp. and subsidiaries 22,012 -Associates-Others 1,485 -Other related parties 2,158 Subtotal 25,655 Other receivables - dividends: -Associates-Getac Technology Corp. 710,892 -Other related parties - Subtotal 710,892 Total 907,929 $	December 31,2020 215,717 $ 70 173 215,960 22,203 1,659 6,723 30,585 - - - 246,545 $	March 31,2020
		472,914 $ 275 119 $
		473,308
		17,098 2,101 2,445
		21,644
		554,139 6,508
		560,647
		1,055,599 $

~50~

D. Payables to related parties:

Payables to related parties:
Accounts payable: -Associates -Other related parties - Synnex Technology International Corp. and subsidiaries Subtotal Other payables: -Associates -Other related parties Subtotal Total	March 31,2021 4,312 $ 48,708 53,020 6,139 2,672 8,811 61,831 $	December 31,2020 6,483 $ 13,739 20,222 3,344 3,603 6,947 27,169 $	March 31,2020
			4,674 $ 288,840
			293,514
			137,371 1,461
			138,832
			432,346 $

E. Property transactions:

Acquisition of property, plant and equipment:

For the three months ended For the three months ended

Associates Other related parties Total	March 31,2021 2,635 $ - 2,635 $	March 31,2020
		- $ 123
		123 $

� F. Lease transactions leasee

(a) The Group leases buildings from Getac Technology Corp. and subsidiaries. Rental contracts are typically made for periods from years 2019 to 2023.
(b) Lease liabilities
(i) Outstanding balance:

Associates	March 31,2021 29,421 $	December 31,2020 32,101 $	March 31,2020
			38,154 $

(ii) Interest expense

Interest expense
Associates	For the three months ended March 31,2021 446 $	For the three months ended March 31,2020
		600 $

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� G. Lease transactions lessor

ease transactions�lessor
Rent income Associates Other related parties Total	For the three months ended March 31,2021 10,385 $ 362 10,747 $	For the three months ended March 31,2020
		7,871 $ 340
		8,211 $

H. Expenses

Associates Other related parties Total	For the three months ended March 31,2021 1,519 $ 146 1,665 $	For the three months ended March 31,2020
		25,664 $ 1,188
		26,852 $

(3) Key management compensation

Key management compensation
Salaries and other short-term employee benefits Post-employment benefits Total	For the three months ended March 31,2021 24,264 $ 144 24,408 $	For the three months ended March 31,2020
		26,133 $ 141
		26,274 $

8. PLEDGED ASSETS

The Group’s assets pledged as collateral are as follows:

Pledged asset Time deposits (shown as "other non-current assets") Time deposits (shown as "other current assets") Time deposits (shown as "other non-current assets") Time deposits (shown as “other current assets”)		Book Value	March 31,2020 $ 10,018 8,659 25,000 - 43,677 $	Purpose
	March 31,2021 $ 10,236 8,688 25,000 314,003 357,927 $	December 31,2020 $ 10,253 8,754 25,000 - 44,007 $
				Guarantee deposit for lease Customs guarantee Guarantee deposit for letter of guarantee for customs duties Guarantees deposit for borrowings

9. SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNISED CONTRACT

COMMITMENTS

(1) Contingencies

None.

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(2) Commitments

Capital expenditure contracted but not provided are as follows:

March 31, 2021 December 31, 2020 March 31, 2020 Property, plant and equipment $ - $ 60,288 $ 97,671

10. SIGNIFICANT DISASTER LOSS

None.

11. SIGNIFICANT EVENTS AFTER THE BALANCE SHEET DATE

None.

12. OTHERS

(1) Capital management

The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern in order to provide returns for shareholders and to maintain an optimal capital structure to reduce the cost of capital.

(2) Financial instruments

A. Financial instruments by category

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Financial assets Financial assets at fair value through profit or loss Financial assets mandatorily measured at fair value through profit or loss Financial assets at fair value through other comprehensive income Designation of equity instrument Financial assets at amortised cost/ Loans and receivables Cash and cash equivalents Financial assets at amortised cost Notes receivable Accounts receivable Accounts receivable - related parties Other receivables Guarantee deposits Other financial assets Financial liabilities Financial liabilities at fair value through profit or loss Financial liabilities held for trading Financial liabilities at amortised cost Short-term borrowings Accounts payable Accounts payable - related parties Other accounts payable Guarantee deposits Long-term borrowings (including current portion) Lease liabilities	March 31,2021 16,986 $ 8,254,116 $ 6,343,524 $ - 31,559 6,443,695 171,382 751,578 23,360 357,927 14,123,025 $ 17,284 $ 3,359,658 $ 6,757,322 53,020 4,480,932 21,530 863,561 15,536,023 $ 220,575 $	December 31,2020 6,107 $ 7,298,592 $ 5,805,297 $ - 31,689 4,982,050 215,960 60,168 23,600 44,007 11,162,771 $ 11,691 $ 1,443,851 $ 6,662,560 20,222 3,366,781 23,205 910,634 12,427,253 $ 231,208 $	March 31,2020
			12,353 $
			5,424,419 $
			7,492,834 $ 17,020 46,748 4,943,402 473,308 600,574 14,051 43,677
			13,631,614 $
			4,656 $
			3,188,850 $ 5,321,092 293,514 4,023,552 21,715 791,561
			13,640,284 $
			174,225 $

~54~

B. Financial risk management policies

There was no significant change in the reporting period. Please refer to Note 12 in the consolidated financial statements for the year ended December 31, 2020.
C. Significant financial risks and degrees of financial risks
(a)Market risk

Foreign exchange risk

i. The Group’s businesses involve some non-functional currency operations (the Company’s and certain subsidiaries’ functional currency: NTD; other certain subsidiaries’ functional currency: USD, EUR, AUD, JPY and CNY). The information on assets and liabilities denominated in foreign currencies whose values would be materially affected by the exchange rate fluctuations are as follows:

	March 31,2021
Foreign curency amount (In thousands) 487,534 $ 118,442 83,070 505,879 3,061 142,532	Exchange rate 28.535 6.569 0.152 28.535 33.480 6.569	Book value (NTD)
		13,911,777 $ 3,379,738 360,856 14,435,270 102,473 4,067,139

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December 31, 2020

(Foreign currency: functional currency) Financial assets Monetary items USD:NTD USD:CNY Non-monetary items CNY:USD Financial liabilities Monetary items USD:NTD USD:CNY (Foreign currency: functional currency) Financial assets Monetary items USD:NTD JPY:NTD USD:CNY Non-monetary items CNY:USD Financial liabilities Monetary items USD:NTD USD:CNY	Foreign curency amount (In thousands) 420,414 $ 127,552 80,935 462,736 154,042	Exchange rate 28.480 6.507 0.154 28.480 6.507 March 31,2020	Book value (NTD) 11,973,379 $ 3,632,690 354,254 13,178,719 4,387,124
	Foreign curency amount (In thousands) 428,954 $ 447,585 108,151 73,159 408,192 186,702	Exchange rate 30.225 0.279 7.103 0.141 30.225 7.103	Book value (NTD) 12,965,145 $ 124,787 3,268,854 311,293 12,337,607 5,643,069

ii. Total exchange (loss) gain, including realized and unrealized, arising from significant foreign exchange variation on the monetary items held by the Group for the three months ended March 31, 2021 and 2020, amounted to ($6,224) and $16,861, respectively.

iii. When the exchange rates for USD, AUD, EUR and CNY to NTD and USD to CNY increased or decreased by 1%, with all other factors the same at March 31, 2021 and 2020, net loss before tax would increase or decrease by $13,134 and $16,219 for the three months

~56~

ended March 31, 2021 and 2020, respectively.

Price risk

i. The Group’s equity securities, which are exposed to price risk, are the held financial assets at fair value through profit or loss and financial assets at fair value through other comprehensive income. To manage its price risk arising from investments in equity securities, the Group diversifies its portfolio.
ii. The Group’s investments in equity securities comprise shares and open-end funds issued by the domestic or foreign companies. The prices of equity securities would change due to the change of the future value of investee companies. If the prices of these equity securities had increased/decreased by 1% with all other variables held constant, post-tax profit for the three months ended March 31, 2021 and 2020. Other components of equity would have increased/decreased by $82,541 and $54,244, respectively, as a result of other comprehensive income classified as equity investment at fair value through other comprehensive income.

Cash flow and fair value interest rate risk

i. The Group’s main interest rate risk arises from long-term and short-term borrowings with variable rates, which expose the Group to cash flow interest rate risk. For the three months ended March 31, 2021 and 2020, the Group’s borrowings at variable rate were mainly denominated in New Taiwan dollars and US Dollars.
ii. If the borrowing interest rate had increased/decreased by 0.01% with all other variables held constant, profit, net of tax for the three months ended March 31, 2021 and 2020 would have increased/decreased by $98 and $100, respectively. The main factor is that changes in interest expense result in floating-rate borrowings.
(b)Credit risk
i. Credit risk refers to the risk of financial loss to the Group arising from default by the clients or counterparties of financial instruments on the contract obligations. The main factor is that counterparties could not repay in full the accounts receivable based on the agreed terms, and the contract cash flows of financial instruments settled based on the agreement.
ii. According to the Group’s credit policy, each local entity in the Group is responsible for managing and analysing the credit risk for each of their new clients before delivery terms and conditions are offered. Internal risk control assesses the credit quality of the customers, taking into account their financial position, past experience, the forecastability of the impact of global economic information to the future and other factors.
iii. Individual risk limits are set based on internal or external factors in accordance with limits set by credit control manager. The utilisation of credit limits is regularly monitored.
iv. For banks and financial institutions, only the institutions with good credit quality are accepted as counterparties.
v. The default occurs when it expects that the contact payments cannot be recovered and are

~57~

transferred to overdue receivables.

vi. The following indicators are used to determine whether the credit impairment of debt instruments has occurred:
(i) It becomes probable that the issuer will enter bankruptcy or other financial reorganization due to their financial difficulties;
(ii) The disappearance of an active market for that financial asset because of financial difficulties;
(iii) Default or delinquency in interest or principal repayments;
(iv) Adverse changes in national or regional economic conditions that are expected to cause a default.
vii. The Group classifies customers’ repayment ability in accordance with the contract term and macroeconomic forecast included in the forecastability and related industry information. The Group applies the modified approach using group methodology to estimate expected credit loss.
viii. The Group wrote-off the financial assets, which cannot be reasonably expected to be recovered, after initiating recourse procedures. However, the Group will continue executing the recourse procedures to secure their rights.
ix.The Group considered the forecastability to adjust historical and timely information to assess the default possibility of accounts receivable. As of March 31, 2021, December 31, 2020 and March 31, 2020, the loss rate methodology is as follows:

March 31,2021 Expected loss rate Value Allowance At December 31,2020 Expected loss rate Value Allowance March 31,2020 Expected loss rate Value Allowance	GroupA 0% - 100% 393,011 $ 87,663 GroupA 10% - 100% 454,571 $ 85,151 GroupA 10% - 100% 383,612 $ 66,591	GroupB 0.012% - 0.7% 6,313,767 $ 4,038 GroupB 0.012% - 0.7% 4,834,921 $ 6,331 GroupB 0.014% - 0.7% 5,110,135 $ 10,446	Total
			6,706,778 $ 91,701 Total
			5,289,492 $ 91,482 Total
			5,493,747 $ 77,037

Group A- High-risk accounts: The evaluation module is based on payment records, financial indicators, contract fulfillment status, and related industry information. Group B- Low- and medium-risk accounts: Entities provide good payment records, strong prospects, transparent financials or collateral.

~58~

x. Movements in relation to the Group applying the modified approach to provide loss allowance for accounts receivable is as follows:

		2021
At January 1	$		91,482
Provision for impairment			530
Write-offs	(		15)
Effect of foreign exchange	(		296)
At March 31	$		91,701
		2020
At January 1	$		77,034
Provision for impairment			383
Effect of foreign exchange	(		380)
At March 31	$		77,037

(c)Liquidity risk

i. Cash flow forecasting is performed in the operating entities of the Group and aggregated by Group treasury. Group treasury monitors rolling forecasts of the Group’s liquidity requirements to ensure it has sufficient cash to meet operational needs.
ii. The table below analyses the Group’s non-derivative financial liabilities and net-settled or gross-settled derivative financial liabilities into relevant maturity groupings based on the remaining period at the balance sheet date to the contractual maturity date for nonderivative financial liabilities and to the expected maturity date for derivative financial liabilities. The amounts disclosed in the table are the contractual undiscounted cash flows.

Non-derivative financial liabilities:

March 31,2021 Short-term borrowings Accounts payable Other payables Lease liabilities Guarantee deposits Long-term borrowings	Less than 1year 3,361,910 $ 6,810,342 4,480,932 42,574 6,649 102,675	Between 1 and 2years - $ - - 38,593 2,890 222,507	Between 2 and 3years - $ - - 33,279 6,436 254,434	Over 3years
				- $ - - 126,812 5,555 296,181

~59~

December 31,2020 Short-term borrowings Accounts payable Other payables Lease liabilities Guarantee deposits Long-term borrowings March 31,2020 Short-term borrowings Accounts payable Other payables Lease liabilities Guarantee deposits Long-term borrowings	Less than 1year 1,444,893 $ 6,682,782 3,366,781 38,661 8,257 52,075 Less than 1year 3,195,995 $ 5,614,606 4,023,552 38,335 4,868 5,361	Between 1 and 2years - $ - - 37,419 2,911 261,139 Between 1 and 2years - $ - - 26,434 3,977 103,122	Between 2 and 3years - $ - - 35,154 6,615 249,203 Between 2 and 3years - $ - - 19,171 7,813 224,070	Over 3years
				- $ - - 132,940 5,422 361,425 Over 3years
				- $ - - 113,373 5,057 478,717

Derivative financial liabilities

As March 31, 2021, December 31, 2020 and March 31, 2020, the Group’s derivative financial liabilities mature within one year.

iii.The Group does not expect the timing of occurrence of the cash flows estimated through the maturity date analysis will be significantly earlier, nor expect the actual cash flow amount will be significantly different.

(3) Fair value information

A. The different levels that the inputs to valuation techniques are used to measure fair value of financial instruments have been defined as follows:
Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2: Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices).
Level 3: Inputs for the asset or liability that are not based on observable market data.
B. Fair value information of investment property at cost is provided in Note 6(12).
C. Financial instruments not measured at fair value
Including the carrying amounts of cash and cash equivalents, financial assets at amortised cost, notes receivable, accounts receivable, other receivables, refundable deposits, short-term borrowings, notes payable, accounts payable, other payables, long-term borrowings and guarantee deposits received are approximate to their fair values.
D. The related information of financial and non-financial instruments measured at fair value by level on the basis of the nature, characteristics and risks of the assets and liabilities are as follows:

~60~

(a) The related information of natures of the assets and liabilities is as follows:

March 31, 2021 Level 1 Recurring fair value measurements Financial assets: Forward exchange contracts - $ Equity securities 4,437,385 Total 4,437,385 $ Recurring fair value measurements Financial liabilities: Forward exchange contracts - $ December 31, 2020 Level 1 Recurring fair value measurements Financial assets: Forward exchange contracts - $ Equity securities 3,892,858 Total 3,892,858 $ Recurring fair value measurements Financial liabilities: Forward exchange contracts - $ March 31, 2020 Level 1 Recurring fair value measurements Financial assets: Forward exchange contracts - $ Equity securities 2,669,763 Total 2,669,763 $ Recurring fair value measurements Financial liabilities: Forward exchange contracts - $	Level 2 16,986 $ 387,694 404,680 $ 17,284 $ Level 2 6,107 $ 283,970 290,077 $ 11,691 $ Level 2 12,353 $ 221,489 233,842 $ 4,656 $	Level 3 - $ 3,429,037 3,429,037 $ - $ Level 3 - $ 3,121,764 3,121,764 $ - $ Level 3 - $ 2,533,167 2,533,167 $ - $	Total
			16,986 $ 8,254,116
			8,271,102 $
			17,284 $
			Total
			6,107 $ 7,298,592
			7,304,699 $
			11,691 $
			Total
			12,353 $ 5,424,419
			5,436,772 $
			4,656 $
Financial liabilities: Forward exchange contracts

(b) The methods and assumptions the Group used to measure fair value are as follows:
i. The instruments the Group used market quoted prices as their fair values (that is, Level 1) are listed below by characteristics:

Listed shares Open-end fund Market quoted price Closing price Net worth

ii. Except for financial instruments with active markets, the fair value of other financial instruments is measured by using valuation techniques or by reference to counterparty

~61~

quotes.

iii. When assessing non-standard and low-complexity financial instruments, the Group adopts valuation technique that is widely used by market participants. The inputs used in the valuation method to measure these financial instruments are normally observable in the market.
iv. The valuation of derivative financial instruments is based on valuation model widely accepted by market participants, such as present value techniques and option pricing models. Forward exchange contracts are usually valued based on the current forward exchange rate.
v. The output of valuation model is an estimated value and the valuation technique may not be able to capture all relevant factors of the Group’s financial and non-financial instruments. Therefore, the estimated value derived using valuation model is adjusted accordingly with additional inputs, for example, model risk or liquidity risk and etc. In accordance with the Group’s management policies and relevant control procedures relating to the valuation models used for fair value measurement, management believes adjustment to valuation is necessary in order to reasonably represent the fair value of financial and non-financial instruments at the consolidated balance sheet. The inputs and pricing information used during valuation are carefully assessed and adjusted based on current market conditions.
vi. The Group takes into account adjustments for credit risk to measure the fair value of financial and non-financial instruments to reflect credit risk of the counterparty and the Group’s credit quality.
E. For the three months ended March 31, 2021 and 2020, there was no transfer between Level 1 and Level 2.
F. The following table presents the changes in Level 3 instruments as at March 31, 2021 and 2020:

January 1 Acquired in the period Gains recognised in other comprehensive income Effects of foreign exchange March 31	Equitysecurities	Equitysecurities
	2021 3,121,764 $ 4,199 303,074 - 3,429,037 $	2020
		2,485,297 $ 7,588 40,175 107
		2,533,167 $

G Investment department is in charge of valuation procedures for fair value measurements being categorized within Level 3, which is to verify independent fair value of financial instruments. Such assessment is to ensure the valuation results are reasonable by applying independent information to make results close to current market conditions, and reviewing the information periodically.

~62~

H The following is the qualitative information of significant unobservable inputs and sensitivity analysis of changes significant unobservable inputs to valuation model used in Level 3 fair value measurements:

Non-derivative equityinstrument: Unlisted shares Non-derivative equityinstrument: Unlisted shares Non-derivative equityinstrument: Unlisted shares	Fair value at March31,2021 $ 3,429,037 Fair value at December31,2020 $ 3,121,764 Fair value at March31,2020 $ 2,533,167	Valuation technique Net asset value Valuation technique Net asset value Valuation technique Net asset value	Significant unobservableinput Net asset value Significant unobservableinput Net asset value Significant unobservableinput Net asset value	Range (weighted average)	Relationship of inputstofairvalue
				- Range (weighted average) - Range (weighted average) -	The higher the net asset value, the higher the fair value. Relationship of inputstofairvalue
					The higher the net asset value, the higher the fair value. Relationship of inputstofairvalue
					The higher the net asset value, the higher the fair value.

I The Group has carefully assessed the valuation models and assumptions used to measure fair value; therefore, the fair value measurement is reasonable. However, use of different valuation models or assumptions may result in difference measurement. The following is the effect of profit or loss or of other comprehensive income from financial assets and liabilities categorized within Level 3 if the inputs used to valuation models have changed:

March 31, 2021

Recognisedin	Unfavourable change - $ profitor loss December	Recognised in other comprehensiveincome	Recognised in other comprehensiveincome
Favourable change - $		Favourable change 34,290 $ 31,2020	Unfavourable change
			34,290 $
Recognisedin	Unfavourable Favourable Unfavourable change change change - $ 31,218 $ 31,218 $ profitor loss comprehensiveincome Recognised in other Unfavourable Favourable Unfavourable change change change - $ 25,332 $ 25,332 $ March31,2020 Recognised in other profitor loss comprehensiveincome	comprehensiveincome Recognised in other
Favourable change - $			Unfavourable change
Recognisedin	Unfavourable change - $ profitor loss
Favourable change - $		Favourable change 25,332 $

~63~

13. SUPPLEMENTARY DISCLOSURES

(1) Significant transactions information

A. Loans to others: Please refer to table 1.
B. Provision of endorsements and guarantees to others: Please refer to table 2.
C. Holding of marketable securities at the end of the period (not including subsidiaries, associates and joint ventures): Please refer to table 3.
D. Acquisition or sale of the same security with the accumulated cost exceeding NT$300 million or 20% of the Company’s paid-in capital: None.
E. Acquisition of real estate reaching NT$300 million or 20% of paid-in capital or more: None.
F. Disposal of real estate reaching NT$300 million or 20% of paid-in capital or more: None.
G. Purchases or sales of goods from or to related parties reaching NT$100 million or 20% of paidin capital or more: Please refer to table 4.
H. Receivables from related parties reaching NT$100 million or 20% of paid-in capital or more: Please refer to table 5.
I. Trading in derivative instruments undertaken during the reporting periods: Please refer to Notes 6(2) and (16).
J. Significant inter-company transactions during the reporting periods: Please refer to table 6.

(2) Information on investees

Names, locations and other information of investee companies (not including investees in Mainland China): Please refer to table 7.

(3) Information on investments in Mainland China

A. Basic information: Please refer to table 8.
B. Significant transactions, either directly or indirectly through a third area, with investee companies in the Mainland Area: Please refer to table 4 and table 8.

(4) Major shareholders information

Major shareholders information: Please refer to table 9.

14. SEGMENT INFORMATION

(1) General information

Management has determined the reportable operating segments based on the reports reviewed by the Chief Operating Decision-Maker that are used to make strategic decisions. The Group’s Chief Operating Decision-Maker manages business from the perspectives of cloud computing product business group and automotive electronics and AIoT business group.

The Group’s company organization, basis of department segmentation and principles for measuring segment information for the period were not significantly changed.

(2) Information about segment profit or loss, assets and liabilities

The segment information provided to the Chief Operating Decision-Maker for the reportable segments and reconciliations are as follows:

~64~

For the three months ended March 31, 2021

						Automotive
	Cloud computing				electronics and
Item	businessgroup		AIoT businessgroup				Others					Total
Revenue	9,463,670 $		$			1,095,263 $			868,587		$	11,427,520
Segment gain (loss)	53,796		(			10,104) (			64,572)		(	20,880)
		For		the three months ended March					31,2020
						Automotive
	Cloud computing				electronics and
Item	businessgroup		AIoT businessgroup Others									Total
Revenue	6,792,194 $		$			1,237,785 $		653,586		$		8,683,565
Segment gain (loss)	5,454					51,141 (			73,648)	(		17,053)
Reconciliation for segment income (loss)
The revenue from external customers reported to the Chief Operating Decision-Maker is measured
in a manner consistent with that in the		statement of comprehensive income. A reconciliation of
reportable segment	income or loss to the		income/(loss) before tax from continuing							operations for
the three months ended March 31, 2021 and 2020 is provided as follows:
						For the			For the
						three months ended			three months			ended
	Item					March 31,2021			March		31,2020
Loss for reportable segments				($		20,880)	($					17,053)
Unallocated:
Share of profits and losses from affiliates						659,156						449,318
and joint ventures accounted for using
the equity method
Dividend revenue						27,921						28,302
Interest revenue						9,299						12,824
Net currency exchange gain (loss)				(		6,224)						16,861
Losses on disposal	of investments			(		4,102)	(					386)
Other income						37,037						14,899
Income before tax	from operations				$	702,207	$					504,765

(3) Reconciliation for segment income (loss)

~65~

Footnote	Footnote
Ceiling on total loans granted �Note 3�		8,542,599 $	8,542,599	8,542,599	7,820,125	7,820,125	7,820,125	1,494,336	676,261	8,851,753	44,258,763	44,258,763	44,258,763	44,258,763	1,107,506	6,164,885	6,164,885
Limit on loans granted to a single party �Note 3�		4,271,299 $	4,271,299	4,271,299	3,910,063	3,910,063	3,910,063	1,494,336	676,261	8,851,753	44,258,763	44,258,763	44,258,763	44,258,763	1,107,506	6,164,885	6,164,885
Collateral	Value	- $	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Item	None	None	None	None	None	None	None	None	None	None	None	None	None	None	None	None
Allowance for doubtful accounts		- $	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reason for short- term financing		Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations	Operations
Amount of transactions with the borrower		- $	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nature of loan �Note 2�		2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Interest rate		0	0.22%-0.27%	0.26%	0.6167%	0.21%-0.27%	0.22%~0.42%	0.6293%	0.5337%	0	0	0	0	0	2.83%	4.35%	0%~4.3%
Actual amount drawn down		- $	607,796	10,558	60,000	1,072,916	285,350	1,120,000	600,000	1,369,680	618,353	-	873,171	73,656	214,013	43,440	382,272
Balance at March 31, 2021		2,000,000 $	3,000,000	1,000,000	1,000,000	2,900,000	1,000,000	1,120,000	600,000	1,655,030	1,426,750	-	873,171	77,004	214,013	43,440	382,272
Maximum outstanding balance during the three months ended March 31, 2021		2,000,000 $	3,000,000	1,000,000	1,000,000	2,900,000	2,000,000	1,120,000	600,000	2,064,440	1,426,750	28,390	873,171	79,051	214,013	43,840	385,792
Is a related party		Y	Y	Y	Y	Y	Y	Y	Y	Y	Y	Y	Y	Y	Y	Y	Y
General ledger account		Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties
Borrower		MiTAC International Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	MiTAC Holdings Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC International Corp.	MiTAC Holdings Corp.	Software Insights Ltd.	Start Well Technology Ltd.	MiTAC Benelux N.V.	Mitac Information Systems Corp.	MiTAC Technology (KunShan) Co., Ltd.	MiTAC Information Systems (Kunshan) Co., Ltd.
Creditor		MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	Silver Star Developments Ltd.	Silver Star Developments Ltd.	Silver Star Developments Ltd.	Silver Star Developments Ltd.	Silver Star Developments Ltd.	Tyan Computer Corp.(USA)	MiTAC Investment Holding Ltd.	MiTAC Investment Holding Ltd.
No. �Note1�		0	0	0	1	1	1	2	3	4	4	4	4	4	5	6	6

Footnote	Footnote
Ceiling on total loans granted �Note 3�		942,573	40,798	20,672	103,362
Limit on loans granted to a single party �Note 3�		942,573	40,798	20,672	103,362
Collateral	Value	-	-	-	-
	Item	None	None	None	None
Allowance for doubtful accounts		-	-	-	-
Reason for short- term financing		Operations	Operations	Operations	Operations
Amount of transactions with the borrower		-	-	-	-
Nature of loan �Note 2�		2	2	2	2
Interest rate		0	0	0	0
Actual amount drawn down		273,672	31,389	19,975	19,975
Balance at March 31, 2021		273,672	31,389	19,975	19,975
Maximum outstanding balance during the three months ended March 31, 2021		276,192	31,389	19,975	19,975
Is a related party		Y	Y	Y	Y
General ledger account		Other receivables- related parties	Other receivables- related parties	Other receivables- related parties	Other receivables- related parties
Borrower		MiTAC Investment Holding Ltd.	MiTAC Digital Technology Corp.	MiTAC Digital Technology Corp.	Access Wisdom Holdings Ltd.
Creditor		MiTAC Research (ShangHai) Ltd.	Access Wisdom Holdings Ltd.	Mio International Ltd.	Mio International Ltd.
No. �Note1�		7	8	9	9

	Footnote
Provision of endorsements/	guarantees to the party in Mainland China	N	N	N	N	N
Provision of	endorsements/ guarantees by subsidiary to parent company	N	N	N	N	N
Provision of	endorsements/ guarantees by parent company to subsidiary	Y	Y	Y	Y	Y
Ceiling on	total amount of endorsements/ guarantees provided �Note 3�	21,356,497 $	21,356,497	21,356,497	21,356,497	21,356,497
	Ratio of accumulated endorsement/guarantee amount to net asset value of the endorser/guarantor company	0.47	1.56	0.00	0.01	1.20
	Amount of endorsements/ guarantees secured with collateral	- $	-	-	-	-
	Actual amount drawn down	199,745 $	664,866	230	3,805	-
	Outstanding endorsement/ guarantee amount at March 31, 2021	199,745 $	664,866	230	3,805	513,630
Maximum	outstanding endorsement/ guarantee amount as of March 31, 2021	199,745 $	664,866	230	3,805	513,630
Limit on	endorsements/ guarantees provided for a single party ( Note 3 )	21,356,497 $	21,356,497	21,356,497	21,356,497	21,356,497
Party being endorsed/guaranteed	Relationship with the endorser/ guarantor �Note 2�	2	2	2	2	2
	Company name	Tyan Computer Corp.(USA)	MiTAC Computing Technology Corp.	MiTAC International Corp.	MiTAC Digital Technology Corp.	MiTAC Information Systems Corp.
Endorser/ guarantor		MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.
Number �Note 1�		0	0	0	0	0

	Footnote																Note 1								Note 2			Note 1
As of March 31, 2021	Fair value	169,152 $	3,616	47,614	233,560	73,623	1,692,794	333,299	483,500	285,853	86,804	1,746,015	11,192	247	48,283	151,643	266,880	456,127	337,021	447,880	203,708	28,051	63,714	1,076,420	137,647	15,472	120,837	61,391	44	-
	Ownership (%)	0.19	0.35	1.16	9.05	11.57	2.79	1.21	8.83	0.31	4.17	8.69	1.11	14.05	13.28	9.39	0.77	1.32	1.23	0.49	0.34	2.96	3.06	5.36	19.99	19.99	19.99	0.18	14.83	0.04
	Book value	169,152 $	3,616	47,614	233,560	73,623	1,692,794	333,299	483,500	285,853	86,804	1,746,015	11,192	247	48,283	151,643	266,880	456,127	337,021	447,880	203,708	28,051	63,714	1,076,420	137,647	15,472	120,837	61,391	44	-
	Number of shares	3,103,717	90,140	1,550,000	6,550,000	7,500,000	35,750,667	16,179,561	10,000,000	5,245,000	6,259,734	31,106,697	1,000,000	27,828	3,745,020	10,000,000	9,250,594	7,783,741	16,360,231	8,217,974	4,302,166	2,609,479	4,594,672	19,121,826	4,848,125	862,922	9,217,196	2,127,954	134,908	13,913
	General ledger account	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-current	Financial assets at fair value through other comprehensive income-current	Financial assets at fair value through other comprehensive income-current	Financial assets at fair value through other comprehensive income-current	Financial assets at fair value through other comprehensive income-current	Financial assets at fair value through other comprehensive income-current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through other comprehensive income-non current	Financial assets at fair value through profit or loss-non current
	Relationship with the securities issuer	Same board chairman	None	None	None	None	Same board chairman	Same board chairman	None	Same board chairman	The Company's chairman was this company's director.	Same board chairman	None	Same board chairman	None	Same board chairman	Ultimate parent company	None	None	None	None	None	None	None	None	None	None	Ultimate parent company	None	None
	Marketable securities	Synnex Technology International Corp.	Healthera Corporation	JVP VIII, L.P.	WHETRON ELECTRONICS CO., LTD.	Harbinger VIII Venture Capital Corp.	Lien Hwa Industrial Holdings Corporation	UPC Technology Corp.	COMPUCASE ENTERPRISE CO., LTD.	Synnex Technology International Corp.	MiTAC INC.	MiTAC Information Technology Corp.	Overseas Investment & Development Corp.	Harbinger Venture Capital Corp.	Harbinger VI Venture Capital Corp.	Harbinger VII Venture Capital Corp.	MiTAC Holdings Corp.	Getac Technology Corp.	UPC Technology Corp.	Synnex Technology International Corp.	Lien Hwa Industrial Holdings Corporation	National Aerospace Fasteners Corporation	PROMISE Technology Inc.	MiTAC INC.	MiTAC Information Technology Corp.	Tung Da Investment Co., Ltd.	Lien Yung Investment Corp.	MiTAC Holdings Corp.	Budworth Investments Ltd.	Panasas Inc.
		stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks	stocks
	Securities held by	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.	Silver Star Developments Ltd. and its subsidiaries	Silver Star Developments Ltd. and its subsidiaries	Silver Star Developments Ltd. and its subsidiaries

Footnote	Footnote
Notes/accounts receivable (payable)	Percentage of total notes/accounts receivable (payable)	77.65%	28.89%	1.11%	68.65%	21.53%	10.81%	78.30%	2.31%
	Balance	6,360,353 $	1,610,169) (	90,964	834,824) (	1,687,972	874,513	6,360,353) (	78,413
Differences in transaction terms	Credit term	Note 1	Note 2	Note 1	Note 2	Note 1	Note 1	Note 2	Note 1
	Unit price	Note 3	Note 3	Note 3	Note 3	Note 3	Note 3	Note 3	Note 3
Transaction	Credit term	Note 1	Note 2	Note 1	Note 2	Note 1	Note 1	Note 2	Note 1
	Percentage of total purchases/sales	45.69%	1.85%	1.75%	41.73%	4.62%	8.89%	63.38%	1.94%
	Amount	3,375,995 $	119,644	129,519	283,015	148,989	286,526	3,469,249	108,116
	Purchases /sales	Sales	Purchases	Sales	Purchases	Sales	Sales	Purchases	Sales
	Relationship with the counterparty	Subsidiary	Affiliate	Associate of affiliate	Affiliate	Affiliate	Affiliate	Parent Company	Associate of affiliate
	Counterparty	MiTAC Information Systems Corp.	MiTAC Computer (Shunde) Ltd.	Synnex Corp. and its subsidiaries	MiTAC Computer (Kunshan) Ltd.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	MiTAC Computing Technology Corp.	Synnex Corp. and its subsidiaries
	Purchaser/seller	MiTAC Computing Technology Corp.	MiTAC Computing Technology Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	Silver Star Developments Ltd.(SSDL) and its subsidiaries	Silver Star Developments Ltd.(SSDL) and its subsidiaries	MiTAC Technology UK Ltd. and its subsidiaries	MiTAC Technology UK Ltd. and its subsidiaries

	Footnote
	Allowance for doubtful accounts	- $	-	-	-	-	-
	Amount collected subsequent to the balance sheet date	- $	682,971	1,147,471	55,473	921,681	43,346
Overdue receivables	Action taken	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable	Not Applicable
	Amount	- $	-	331,873	-	-	-
	Turnover rate	-	-	2.50	4.92	0.38	1.35
	Other receivables	177,217 $	682,971	1,371	302	28,613	2,770
	Accounts receivable	- $	-	6,360,353	121,178	1,687,972	847,513
	Relationship with the counterparty	Subsidiary	Associate of affiliate	Subsidiary	Affiliate	Affiliate	Affiliate
	Counterparty	MiTAC Computing Technology Corp.	Getac Technology Corp.	MiTAC Information Systems Corp.	MiTAC Japan Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.
	Creditor	MiTAC Holdings Corp.	MiTAC International Corporation	MiTAC Computing Technology Corp.	MiTAC Computing Technology Corp.	Silver Star Develpoments Ltd. and its subsidiaries	Silver Star Develpoments Ltd. and its subsidiaries

Percentage of consolidated total operating revenues or total assets (Note 3)	1.28%	0.16%	0.18%	1.84%	0.49%	30.36%	10.38%	0.20%	1.30%	2.76%	1.01%	2.24%	2.51%	1.38%	0.98%
Transaction terms						Note 4	Note 4	Note 4	Note 5	Note 5			Note 5	Note 5
Amount	785,013	100,227	108,415	1,129,778	302,329	3,469,249	6,360,353	121,178	148,989	1,687,972	618,353	1,373,385	286,526	847,513	600,000
General ledger account	Other receivables	Other receivables	Other receivables	Other receivables	Other receivables	Sales	Accounts receivable	Accounts receivable	Purchases	Accounts payable	Other receivables	Other receivables	Purchases	Accounts payable	Other receivables
Relationship (Note 2)	1	1	2	3	3	3	3	3	3	3	2	3	3	3	2
Counterparty	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	MiTAC Holdings Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	MiTAC Technology UK Ltd. and its subsidiaries	MiTAC Technology UK Ltd. and its subsidiaries	Silver Star Develpoments Ltd. and its subsidiaries	Silver Star Develpoments Ltd. and its subsidiaries	Silver Star Develpoments Ltd. and its subsidiaries	MiTAC Holdings Corp.	MiTAC International Corp.	Silver Star Develpoments Ltd. and its subsidiaries	Silver Star Develpoments Ltd. and its subsidiaries	MiTAC Holdings Corp.
Company name	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC Computing Technology Corp.	MiTAC Computing Technology Corp.	MiTAC Computing Technology Corp.	MiTAC Computing Technology Corp.	MiTAC Computing Technology Corp.	Silver Star Develpoments Ltd. and its subsidiaries	Silver Star Develpoments Ltd. and its subsidiaries	MiTAC Digital Technology Corp.	MiTAC Digital Technology Corp.	MiTAC Digital Technology Corp.
Number (Note 1)	0	0	1	1	1	2	2	2	2	2	3	3	4	4	4

Footnote	Footnote	Subsidiary	Subsidiary	Subsidiary	Associate	Associate	Subsidiary	Associate	Associate	Associate	Subsidiary	Associate	Associate	Subsidiary
Investment income (loss) recognised by the Company for the three months ended March 31, 2021		674,841 $	12,250	332	401
Net profit (loss) of the investee for the three months ended March 31, 2021		686,220 $	12,070	291	1,203	504,249	36,329	3,442) (	17	520) (	499,760	91) (	8,722) (	12,949
Shares held as at March 31, 2021	Book value	40,191,229 $	3,756,071	1,644,028	70,618	4,728,219	3,351,581	13,106	196,443	44,932	22,534,869	85,969	108,958	1,369,925
	Ownership (%)	100.00	100.00	97.17	33.33	32.16	100.00	23.25	49.98	32.50	100.00	47.55	15.40	100.00
	Number of shares �Note�	2,222,013,187	232,757,102	103,099,000	6,774,199	190,396,939	142,884,651	1,086,000	11,305,650	3,250,000	176,299,302	9,034,922	11,233,750	55,146,138
Initial investment amount	Balance as at December 31, 2020	24,739,187 $	3,419,621	1,547,485	74,950	1,391,549	625,000	16,839	113,057	32,500	5,030,701	90,349	121,475	1,456,964
	Balance as at March 31, 2021	24,739,187 $	3,419,621	1,547,485	74,950	1,391,549	625,000	16,839	113,057	32,500	5,030,701	90,349	121,475	1,456,964
Main business activities		Development, design and manufacturing and sale of computers and its peripherals, telecommunication related products	Development, design and manufacturing and sale of computers and its peripherals, telecommunication related products	Sales and service of electronic telecommunication, communication and software, etc.	Manufacture and sale of electronic product.	Manufacturing and sale of notebook computers, military and industrial computer systems, etc.	Investment	Information process service, sales of software and international trading.	Investment	Investment	Investment	Building and factory construction, leasing and sales	Electronic components manufacturing, aircraft and its parts manufacturing and wholesale industry.	Investment
Location		Taiwan	Taiwan	Taiwan	India	Taiwan	Taiwan	Taiwan	Taiwan	Taiwan	British Virgin Islands	Taiwan	Taiwan	UK
Investee		MiTAC International Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	Infopower Technologies Ltd.	Getac Technology Corp.	Tsu Fung Investment Corp.	3Probe Technologies Corp.	Lian Jie Investment Co., Ltd.	Lian Jie II Investment Co., Ltd.	Silver Star Developments Ltd.and its subsidiary	Shen-Tong Construction & Development Co., ltd.	LFE AEROSPACE INDUSTRY CORP.	MiTAC Technology UK Ltd. and its subsidiaries
Investor		MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC Holdings Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC International Corp.	MiTAC Computing Technology Corp.

Footnote	Footnote	Associate	Subsidiary	Subsidiary	Associate	Associate	Associate	Associate	Associate	Associate	Subsidiary
Investment income (loss) recognised by the Company for the three months ended March 31, 2021
Net profit (loss) of the investee for the three months ended March 31, 2021		51,675) (	234	13,154	47,756	2,484,591	2,402,695	18) (	774) (	8,722) (	291
Shares held as at March 31, 2021	Book value	41,341) (	78,234	105,103	245,350	6,230,467	6,894,194	18,970	52,447	12,933	16
	Ownership (%)	50.00	100.00	100.00	13.28	10.22	10.18	28.57	32.26	1.97	0.001
	Number of shares �Note�	1,000,000	1,275,001	48,500,000	5,500,001	5,299,980	5,299,980	1,000,000	10,000	1,433,740	1,000
Initial investment amount	Balance as at December 31, 2020	142,675	64,994	-	156,943	1,094,671	6,690,870	28,535	28,535	15,504	16
	Balance as at March 31, 2021	142,675	64,994	-	156,943	1,094,671	6,690,870	28,535	28,535	15,504	16
Main business activities		Assemble and sales of computer and peripheral equipment.	Sale of communication products	Investment	Investment	Information process services, sales of computer peripheral, system and network products	Information process services, sales of computer peripheral, system and network products	Investment	Investment	Electronic components manufacturing, aircraft and its parts manufacturing and wholesale industry.	Sales and service of electronic telecommunication, communication and software, etc.
Location		USA	British Virgin Islands	British Virgin Islands	British Virgin Islands	USA	USA	British Virgin Islands	British Virgin Islands	Taiwan	Taiwan
Investee		Hyve Design Solutions Corporation	Mio International Ltd. and its subsidiaries	Access Wisdom Holdings Limited. and its subsidiaries	Mainpower International Ltd.	Synnex Corp.	Concentrix Corp.	Harbinger Ruyi Venture Ltd.	Harbinger Ruyi II Venture Ltd.	LFE AEROSPACE INDUSTRY CORP.	MiTAC Digital Technology Corp.
Investor		MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.	MiTAC Digital Technology Corp.	Silver Star Developments Ltd. and its subsidiaries	Silver Star Developments Ltd. and its subsidiaries	Silver Star Developments Ltd. and its subsidiaries	Silver Star Developments Ltd. and its subsidiaries	Silver Star Developments Ltd. and its subsidiaries	Tsu Fung Investment Corp.	Tsu Fung Investment Corp.

Footnote	Footnote
Accumulated amount of investment income remitted back to Taiwan as of March 31, 2021		- $	-	-	-	-	-	-	-	-	-	-	-
Book value of investments in Mainland China as of March 31, 2021		2,827,426 $	2,827,829	25,332	445,650	606,470	33,688	38,932	19,340	76,057	18,005	3,084,705	1,034,006
Investment income (loss) recognised by the Company for the three months ended March 31, 2021 (Note 2)		15,383) ($	6,080	2,012) (	2,624	15,702	234	236) (	109	894	1,330	2,279	2,040) (
Ownership held by the Company (direct or indirect)		100.00	100.00	100.00	100.00	27.44	100.00	100.00	100.00	100.00	100.00	100.00	100.00
Net income of investee as of March 31, 2021		15,383) ($	6,080	2,012) (	2,624	57,223	234	236) (	109	894	1,330	2,279	2,040) (
Accumulated amount of remittance from Taiwan to Mainland China as of March 31, 2021		1,138,568 $	1,672,151	28,535	148,382	385,223	28,392	28,535	8,561	28,535	2,082	856,050	-
Amount remitted from Taiwan to Mainland China/ Amount remitted back to Taiwan for the three months ended March31,	Remitted back to Taiwan	- $	-	-	-	-	-	-	-	-	-	-	-
	Remitted to Mainland China	- $	-	-	-	-	-	-	-	-	-	-	-
Accumulated amount of remittance from Taiwan to Mainland China as of January 1, 2021		1,138,568 $	1,672,151	28,535	148,382	385,223	28,392	28,535	8,561	28,535	2,082	856,050	-
Investment method (Note 1)		2	2	2	2	2	2	2	2	2	1	2	3
Paid-in capital		1,810,169 $	2,217,633	35,955	158,725	1,533,335	8,157	29,629	8,899	28,543	8,688	2,038,605	1,042,560
Main business activities		Manufacturing of computer cases and monitors. Etc.	Sales and manufacturing of computer accessories, hardware, software and related services	Testing, repair and display of computer components and related products, and related technical advisory services and after-sale services	Research, development and production of computer software, sales of own-produced products and related technical advisory services	Design and manufacturing of computer chassis and its components, percision plastic injection mould, molding parts and molding equipment processing and maintenance and repair services.	Sales of communication products and related after- sale services	Agency of freight transport, export and import trading and warehousing services	After-sales maintenance, testing, consulting services and related support technology services	Research and development of computer, server, mobile phone, PDA, GNSS and GPS, and related technology transfer, technical services	Sales of self-produced products and related after-sale services	Investment Holdings	Sales and manufacturing of computer accessories, hardware, software and related services
Investee in Mainland China		MiTAC Computer (Shunde) Corp.	MiTAC Computer (Kunshan) Co., Ltd.	MiTAC Technology (Kunshan) Co., Ltd.	MiTAC Research (ShangHai) Ltd.	Shzhou MiTAC Precision Technology Co., Ltd.	Mio Technology (Suzhou) Ltd.	MiTAC Logistic Service (Kunshan) Ltd.	MiTAC Information Technology Ltd.	MiTAC Innovation (Kunshan) Ltd.	MiTAC Telematics Technology Corporation	MiTAC Investment Holding Ltd.	MiTAC Information Systems (Kunshan) Co., Ltd.

Ceiling on investments in Mainland China imposed by the Investment Commission of MOEA	24,311,700 $	(Note 4)	1,014,727
Investment amount approved by the Investment Commission of the Ministry of Economic Affairs (MOEA)	4,652,697 $	2,082	21,259
Accumulated amount of remittance from Taiwan to Mainland China as of March 31, 2021	3,832,316 $	2,082	21,259
Company name	MiTAC International Corp.	MiTAC Computing Technology Corp.	MiTAC Digital Technology Corp.

Table 9 MITAC HOLDINGS CORPORATION AND SUBSIDIARIES Major shareholders information March 31, 2021	Shares	Ownership (%)	8.65%	8.27%	7.12%
		Number of shares held	104,431,091	99,802,598	85,941,944
		Name of major shareholders	MiTAC INCORPORATED	UPC Technology Corporation	Lien Hwa Industrial Holdings Corporation

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MHC — Interim / Quarterly Report 2021

52372_rns_2021-11-12_8ce382bb-6bbc-40ba-8090-a67f73bc90da.pdf

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES

INDEPENDENT AUDITORS’ REVIEW REPORT

Introduction

Scope of review

Basis for qualified conclusion

Qualified conclusion

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

MARCH 31, 2021, DECEMBER 31, 2020 AND MARCH 31, 2020

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME THREE MONTHS ENDED MARCH 31, 2021 AND 2020

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2021 AND 2020

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2021 AND 2020

MiTAC HOLDINGS CORPORATION AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

THREE MONTHS ENDED MARCH 31, 2021 AND 2020

1. HISTORY AND ORGANISATION

2. THE DATE OF AUTHORISATION FOR ISSUANCE OF THE CONSOLIDATED FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

the Group

(3) IFRSs issued by IASB but not yet endorsed by the FSC

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(3) Basis of consolidation

B. Subsidiaries included in the consolidated financial statements:

(4) Employee benefits

(5) Income taxes

5. CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION

UNCERTAINTY

6. DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

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

March 31, 2021

(3) Financial assets at fair value through other comprehensive income

(5) Accounts receivable

(7) Other financial assets

(8) Investments accounted for using equity method

A.

Balance sheet

� (10) Leasing arrangements lessee

(12) Investment property

(13) Intangible assets

(14) Non-current assets held for sale

March 31, 2020

- (17) Long term borrowings

(18) Pensions

(19) Provisions

Warranty

(20) Share capital

(21) Capital surplus

(22) Retained earnings

(23) Other equity items

B. Contract liabilities

(25) Interest income

(26) Other income

(27) Other gains and losses

(28) Financial costs

(29) Expense by nature

(30) Employee benefit expenses

(31) Income tax

(32) Earnings per share

(33) Transactions with non-controlling interest

(34) Supplemental cash flow information

(35) Changes in liabilities from financing activities

7. RELATED PARTY TRANSACTIONS

(1) Names of related parties and relationship

(2) Significant related party transactions and balances

A. Operating revenue:

B. Purchases:

(a)

C. Receivables from related parties:

D. Payables to related parties:

E. Property transactions:

� F. Lease transactions leasee

(ii) Interest expense

� G. Lease transactions lessor

MHC Interim / Quarterly Report 2021