Stock code: 1227

Standard Foods Corporation and Subsidiaries

Consolidated Financial Statements and Independent Auditors' Report for the Six Months Ended June 30, 2021 and 2020

DECLARATION OF CONSOLIDATION OF FINANCIAL STATEMENTS OF AFFILIATES

The companies required to be included in the consolidated financial statements of affiliates in accordance with the “Criteria Governing Preparation of Affiliation Reports, Consolidated Business Reports and Consolidated Financial Statements of Affiliated Enterprises” for the period ended June 30, 2021 are all the same as the companies required to be included in the consolidated financial statements of parent and subsidiary companies as provided in International Financial Reporting Standards No. 10, “Consolidated Financial Statements.” Relevant information that should be disclosed in the consolidated financial statements of affiliates has all been disclosed in the consolidated financial statements of parent and subsidiary companies. Hence, we have not prepared a separate set of consolidated financial statements of affiliates.

Very truly yours,

STANDARD FOODS CORPORATION

TER-FUNG TSAO Chairman

August 11, 2021

INDEPENDENT AUDITORS’ REVIEW REPOR

The Board of Directors and Shareholders Standard Foods Corporation

Introduction

We have reviewed the accompanying consolidated balance sheets of Standard Foods Corporation and its subsidiaries (the “Group”) as of June 30, 2021 and 2020 and the related consolidated statements of comprehensive income for the three months ended June 30, 2021 and 2020 and for the six months ended June 30, 2021 and 2020, the consolidated statements of changes in equity and cash flows for the nine months then ended, and the related notes to the consolidated financial statements, including a summary of significant accounting policies "(collectively referred to as the consolidated financial statements)". Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34, “Interim Financial Reporting,” endorsed and issues into effect by the Financial Supervisory Commission of the Republic of China. Our responsibility is to express a conclusion on the consolidated financial statements based on our reviews.

Scope of Review

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

As disclosed in Note 14 to the consolidated financial statements, the financial statements of non-significant subsidiaries included in the consolidated financial statements referred to in the first paragraph were not reviewed. As of June 30, 2021 and 2020, combined total assets of these non-significant subsidiaries were NT$9,162,700 thousand and NT$7,552,648 thousand, respectively, representing 33% and 30%, respectively, of the consolidated total assets, and combined total liabilities of these subsidiaries were NT$3,242,691 thousand NT$2,302,312 thousand, respectively, representing 31% and 24%, respectively, of the consolidated total liabilities; for the three-month periods ended June 30, 2021 and 2020 and for the six months ended June 30, 2021 and 2020, the amounts of combined comprehensive income of these subsidiaries were NT$161,031 thousand, NT$157,013 thousand, NT$307,979 thousand and NT$151,428 thousand, respectively, representing 20%, 17%, 21% and 11%, respectively, of the consolidated total comprehensive income. As disclosed in Note 36 to the consolidated financial statements, the information on these subsidiaries were not reviewed.

Qualified Conclusion

Based on our reviews, except for the adjustments, if any, as might have been determined to be necessary had the financial statements of the non-significant subsidiaries as described in the preceding paragraph been reviewed, nothing has come to our attention that caused 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 of June 30, 2021 and 2020, its consolidated financial performance for the three months ended June 30, 2021 and 2020, and its consolidated financial performance and its consolidated cash flows for the six months ended June 30, 2021 and 2020 in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34, “Interim Financial Reporting,” endorsed and issues into effect by the Financial Supervisory Commission of the Republic of China.

The engagement partners on the reviews resulting in this independent auditors’ review report are Tza-Li Gung and Han-Ni Fang.

Deloitte & Touche Taipei, Taiwan Republic of China

August 11, 2021

Notice to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to audit such consolidated financial statements are those generally applied in the Republic of China.

For the convenience of readers, the independent auditors’ report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors’ report and consolidated financial statements shall prevail.

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS June 30, 2021, December 31, 2020, and June 30, 2020 (In Thousands of New Taiwan Dollars)

ASSETS CURRENT ASSETS Cash and cash equivalents (Note 6) Financial assets at fair value through profit or loss - current (Note 7) Financial assets at fair value through other comprehensive income - current (Note 8) Financial assets at amortized cost - current (Note 9) Notes receivable (Notes 10 and 25) Trade receivables (Notes 10 and 25) Trade receivables from related parties (Notes 25 and 32) Finance lease receivables - current (Note 11) Other receivables (Note 10) Current tax assets Inventories (Note 12) Prepayments (Note 13) Other current assets (Notes 19 and 33) Total current assets NON-CURRENT ASSETS Financial assets at fair value through profit or loss - non-current (Note 7) Financial assets at fair value through other comprehensive income - non-current (Note 8) Financial assets at amortized cost - non-current (Note 9) Property, plant and equipment (Notes 15 and 33) Right-of-use assets (Note 16) Investment properties (Notes 17 and 33) Goodwill Other intangible assets (Note 18) Deferred tax assets Finance lease receivables - non-current (Note 11) Net defined benefit assets - non-current Other non-current assets (Notes 19 and 33) Total non-current assets TOTAL ASSETS LIABILITIES AND EQUITY CURRENT LIABILITIES Short-term borrowings (Notes 20 and 33) Short-term bills payable (Note 20) Contract liabilities - current (Note 25) Notes payable (Note 21) Trade payables (Note 21) Trade payables to related parties (Note 32) Other payables (Note 22) Current tax liabilities Lease liabilities - current (Note 16) Other current liabilities (Note 22) Total current liabilities NON-CURRENT LIABILITIES Deferred tax liabilities Lease liabilities - non-current (Note 16) Net defined benefit liabilities - non-current Other non-current liabilities (Note 22) Total non-current liabilities Total liabilities EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY (Note 24) Ordinary Shares Capital surplus Retained earnings Legal reserve Special reserve Unappropriated Earnings Total retained earnings Other equity Treasury stock Total equity attributable to owners of the Company NON-CONTROLLING INTERESTS (Note 24) Total equity TOTAL LIABILITIES AND EQUITY		June 30,2021(Reviewed) Amount % $ 2,114,711 8 2,664,279 10 329,201 1 2,731,765 10 17,252 - 4,753,106 17 7,467 - 3,192 - 276,899 1 4,552 - 5,565,489 20 1,939,764 7 82,237 - 20,489,914 74 10,632 - 379,544 1 388,134 2 4,078,513 15 580,223 2 798,734 3 817 - 100,617 - 440,994 2 22,315 - 5,087 - 375,541 1 7,181,151 26 $ 27,671,065 100 $ 1,928,366 7 149,906 1 170,079 1 348,624 1 1,360,601 5 13,394 - 5,171,525 18 394,734 2 76,672 - 116,071 - 9,729,972 35 322,672 1 156,519 1 256,074 1 23,703 - 758,968 3 10,488,940 38 9,150,897 33 127,392 - 3,606,189 13 577,494 2 3,692,025 14 7,875,708 29 307,005) ( 1) 21,182) - 16,825,810 61 356,315 1 17,182,125 62 $ 27,671,065 100		December 31,2020(Audited) Amount % $ 4,332,018 16 1,490,336 5 249,485 1 1,728,070 6 3,154 - 6,295,581 23 9,011 - 2,917 - 224,370 1 23,063 - 5,124,648 18 1,579,289 6 63,844 - 21,125,786 76 10,666 - 267,178 1 - - 4,201,645 15 626,440 2 844,797 3 817 - 105,391 - 417,127 2 24,031 - 3,521 - 196,463 1 6,698,076 24 $ 27,823,862 100 $ 1,846,767 7 129,869 1 748,044 3 90,333 - 2,107,188 8 20,526 - 3,442,258 12 399,020 1 77,782 - 94,108 - 8,955,895 32 351,328 1 200,191 1 280,701 1 20,120 - 852,340 3 9,808,235 35 9,150,897 33 127,392 - 3,287,022 12 577,494 2 4,918,357 18 8,782,873 32 355,492) ( 1) 21,182) - 17,684,488 64 331,139 1 18,015,627 65 $ 27,823,862 100		June 30,2020(Reviewed)	June 30,2020(Reviewed)
		Amount $ 2,114,711 2,664,279 329,201 2,731,765 17,252 4,753,106 7,467 3,192 276,899 4,552 5,565,489 1,939,764 82,237 20,489,914 10,632 379,544 388,134 4,078,513 580,223 798,734 817 100,617 440,994 22,315 5,087 375,541 7,181,151 $ 27,671,065 $ 1,928,366 149,906 170,079 348,624 1,360,601 13,394 5,171,525 394,734 76,672 116,071 9,729,972 322,672 156,519 256,074 23,703 758,968 10,488,940 9,150,897 127,392 3,606,189 577,494 3,692,025 7,875,708 307,005) 21,182) 16,825,810 356,315 17,182,125 $ 27,671,065		Amount $ 4,332,018 1,490,336 249,485 1,728,070 3,154 6,295,581 9,011 2,917 224,370 23,063 5,124,648 1,579,289 63,844 21,125,786 10,666 267,178 - 4,201,645 626,440 844,797 817 105,391 417,127 24,031 3,521 196,463 6,698,076 $ 27,823,862 $ 1,846,767 129,869 748,044 90,333 2,107,188 20,526 3,442,258 399,020 77,782 94,108 8,955,895 351,328 200,191 280,701 20,120 852,340 9,808,235 9,150,897 127,392 3,287,022 577,494 4,918,357 8,782,873 355,492) 21,182) 17,684,488 331,139 18,015,627 $ 27,823,862		Amount $ 3,603,366 1,513,865 178,498 2,446,729 14,236 4,738,744 1,648 2,845 233,256 68,967 4,304,955 1,421,688 25,958 18,554,755 6,200 182,903 - 4,913,412 647,494 120,848 817 98,539 504,064 25,508 2,495 263,857 6,766,137 $ 25,320,892 $ 1,009,811 69,924 224,495 292,901 1,535,080 12,859 4,911,813 444,394 80,322 34,067 8,615,666 297,694 219,173 261,795 29,084 807,746 9,423,412 9,150,897 109,718 3,287,022 577,494 3,312,356 7,176,872 777,122) 21,182) 15,639,183 258,297 15,897,480 $ 25,320,892	%
	( (		( (		( (		14 6 1 10 - 19 - - 1 - 17 6 - 74 - 1 - 19 3 - - - 2 - - 1 26 100 4 - 1 1 7 - 19 2 - - 34 1 1 1 - 3 37 36 1 13 2 13 28 ( 3) - 62 1 63 100

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

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 2021 AND 2020 (REVIEWED, NOT AUDITED)

(IN THOUSANDS OF NEW TAIWAN DOLLARS, EXCEPT EARNINGS PER SHARE)

OPERATING REVENUE Sales (Notes 25 and 32) OPERATING COSTS Cost of goods sold (Notes 12, 26, and 32) GROSS PROFIT OPERATING EXPENSES (Note 26) Selling and marketing expenses General and administrative expenses Research and development expenses Expected credit losses (or reversal) Total operating expenses OPERATING INCOME NON-OPERATING INCOME AND EXPENSES (Note 26) Interest income Other income Other gains and losses Financial cost Total non-operating income and expenses PROFIT BEFORE INCOME TAX INCOME TAX EXPENSE (Note 27) NET PROFIT FOR THE PERIOD OTHER COMPREHENSIVE INCOME (LOSS) Items that will not be reclassified subsequently to profit or loss: Unrealized gain (loss) on investments in equity instruments at fair value through other comprehensive income Income tax relating to items that will not be reclassified subsequently to profit or loss (Note 27) Items that may be reclassified subsequently to profit or loss: Exchange differences on translating the financial statements of foreign operations Income tax relating to the items that may be reclassified subsequently to profit or loss (Note 27) Other comprehensive loss for the period, net of income tax TOTAL COMPREHENSIVE INCOME FOR THE PERIOD NET PROFIT ATTRIBUTABLE TO: Owners of the Company Non-controlling Interests TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO: Owners of the Company Non-controlling Interests EARNINGS PER SHARE (Note 28) Basic Diluted	For the Three Months Ended June 30,2021 Amount % $ 7,407,505 100 5,414,473 73 1,993,032 27 784,716 11 241,359 3 45,213 - 1,077 - 1,072,365 14 920,667 13 30,398 - 16,413 - 27,902 - ( 14,454) - 60,259 - 980,926 13 158,500 2 822,426 11 55,589 1 5 - 55,594 1 ( 65,434 ) ( 1 ) 13,017 - ( 52,417) ( 1) 3,177 - $ 825,603 11 $ 815,590 11 6,836 - $ 822,426 11 $ 802,874 11 22,729 - $ 825,603 11 $ 0.90 $ 0.90	For the Three Months Ended June 30,2020 Amount % $ 7,952,636 100 5,486,827 69 2,465,809 31 935,439 12 248,881 3 36,914 - 818 - 1,222,052 15 1,243,757 16 34,141 - 14,716 - 31,739 - ( 16,509) - 64,087 - 1,307,844 16 322,264 4 985,580 12 69,330 1 1 - 69,331 1 ( 170,073 ) ( 2 ) 33,836 - ( 136,237) ( 2) ( 66,906) ( 1) $ 918,674 11 $ 976,185 12 9,395 - $ 985,580 12 $ 895,140 11 23,534 - $ 918,674 11 $ 1.07 $ 1.07

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

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY For the Six Months Ended June 30, 2021 and 2020 (Reviewed, not Audited) (In Thousands of New Taiwan Dollars)

				EquityAttributable to Owners of the Company	EquityAttributable to Owners of the Company	EquityAttributable to Owners of the Company	EquityAttributable to Owners of the Company			Non-controlling Interests $ 272,564 - - - ( 23,932) 7,396 2,269 9,665 $ 258,297 $ 331,139 - - ( 33,504) 13,303 45,377 58,680 $ 356,315	Total equity
OrdinaryShares $ 9,150,897 - - - - - - - $ 9,150,897 $ 9,150,897 - - - - - - $ 9,150,897	Capital surplus $ 109,718 - - - - - - - $ 109,718 $ 127,392 - - - - - - $ 127,392		Retained	earnings	Total $ 8,016,188 - - ( 2,424,987 ) - 1,585,671 - 1,585,671 $ 7,176,872 $ 8,782,873 - ( 2,287,724 ) - 1,380,559 - 1,380,559 $ 7,875,708	Other EquityItems		Total ( $ 577,494 ) - - - - - ( 199,628) ( 199,628) ($ 777,122) ( $ 355,492 ) - - - - 48,487 48,487 ($ 307,005)	Treasurystock ( $ 21,182 ) - - - - - - - ($ 21,182) ( $ 21,182 ) - - - - - - ($ 21,182)
						Exchange differences on translating the financial statements of foreign operations ( $ 693,038 ) - - - - - ( 181,200) ( 181,200) ($ 874,238) ( $ 572,206 ) - - - - ( 97,657) ( 97,657) ($ 669,863)	Unrealized gain (loss) on financial assets at FVTOCI $ 115,544 - - - - - ( 18,428) ( 18,428) $ 97,116 $ 216,714 - - - - 146,144 146,144 $ 362,858
		Legal reserve $ 2,945,412 341,610 - - - - - - $ 3,287,022 $ 3,287,022 319,167 - - - - - $ 3,606,189	Special reserve $ 330,945 - 246,549 - - - - - $ 577,494 $ 577,494 - - - - - - $ 577,494	Unappropriated Earnings $ 4,739,831 ( 341,610 ) ( 246,549 ) ( 2,424,987 ) - 1,585,671 - 1,585,671 $ 3,312,356 $ 4,918,357 ( 319,167 ) ( 2,287,724 ) - 1,380,559 - 1,380,559 $ 3,692,025
							( (			( (	$ 16,950,691 - - ( 2,424,987 ) ( 23,932) 1,593,067 ( 197,359) 1,395,708 $ 15,897,480 $ 18,015,627 - ( 2,287,724 ) ( 33,504) 1,393,862 93,864 1,487,726 $ 17,182,125

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

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS For the Six Months Ended June 30, 2021 and 2020 (Reviewed, not Audited)

(In Thousands of New Taiwan Dollars)

CASH FLOWS FROM OPERATING ACTIVITIES Income before income tax Adjustments for: Depreciation expenses Amortization expenses Expected credit losses (or reversal) Net gain recognized on financial assets and liabilities measured at FVTPL Financial cost Interest income Dividend income Net loss (gain) on disposal of property, plant and equipment Others Net changes in operating assets and liabilities Financial assets mandatorily classified as at FVTPL Notes receivable Trade receivables Trade receivables from related parties Other receivables Inventories Prepayments Other current assets Net defined benefit assets Contract liabilities Notes payable Trade payables Trade payables to related parties Other payables Other current liabilities Net defined benefit liabilities	For the Six Months Ended June 30, 2021 $ 1,706,112 300,745 38,752 ( 2,935 ) ( 6,165 ) 25,979 ( 61,689 ) ( 7,855 ) 3,692 1,175 ( 1,168,934 ) ( 14,750 ) 1,497,452 1,544 ( 48,759 ) ( 483,415 ) ( 377,867 ) ( 18,604 ) ( 1,566 ) ( 575,298 ) 262,722 ( 745,150 ) ( 7,132 ) ( 574,181 ) 44,814 ( 23,142)	For the Six Months Ended June 30, 2020
		$ 2,075,152 294,833 28,026 8,104 ( 1,067 ) 31,317 ( 66,946 ) ( 7,704 ) ( 584 ) - ( 844,519 ) ( 11,541 ) 1,630,409 ( 1,648 ) ( 32,677 ) ( 704,138 ) ( 65,969 ) 3,426 ( 1,576 ) ( 95,946 ) ( 15,734 ) ( 467,923 ) ( 13,283 ) ( 358,543 ) 5,903 ( 37,512)

(Continued)

(Continued from the previous page)

(Continued from the previous page)
	For	the Six Months	For the Six Months
	Ended June 30,			Ended June 30,
		2021		2020
Cash generated from operations	( $	234,455 )		$ 1,349,860
Interest received		57,660		59,019
Interest paid	(	27,396 )	(	31,344 )
Income tax paid	(	327,026)	(	565,154)
Net cash generated from/(used in) operating
activities	(	531,217)		812,381
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of financial assets at amortized cost	(	2,574,055 )	(	1,985,992 )
Disposal of financial assets at amortized cost		1,167,554		1,737,116
Acquisition of property, plant and equipment	(	124,868 )	(	113,952 )
Proceeds from disposal of property, plant and
equipment		491		2,169
Payments for intangible assets	(	7,827 )	(	34,664 )
Decrease in finance lease receivables		1,440		1,370
Increase in other financial assets	(	184,496 )	(	8,184 )
Increase in other non-current assets	(	31,221 )	(	24,289 )
Dividends received		7,855		7,704
Net cash used in investing activities	(	1,745,127)	(	418,722)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in short-term borrowings		100,159		-
Decrease in short-term borrowings		-	(	349,061 )
Increase in short-term notes and bills payable		20,037		-
Decrease in short-term bills payable		-	(	30,044 )
Payments for long-term borrowings		-	(	6,000 )
Payments for principal portion of lease liabilities	(	50,260 )	(	52,823 )
Increase in other financial liabilities		3,832		7,051
Decrease in other non-current liabilities		-	(	564 )
Net cash generated from/(used in) financing
activities		73,768	(	431,441)
EFFECTS OF EXCHANGE RATE CHANGES ON
THE BALANCE OF CASH HELD IN FOREIGN
CURRENCIES	(	14,731)	(	64,755)
NET DECREASE IN CASH AND CASH
EQUIVALENTS FOR THE CURRENT PERIOD	(	2,217,307 )	(	102,537 )
CASH AND CASH EQUIVALENTS, BEGINNING
OF THE PERIOD		4,332,018		3,705,903
CASH AND CASH EQUIVALENTS, END OF THE
PERIOD	$	2,114,711		$ 3,603,366
The accompanying notes are an integral part of the consolidated financial statements.

STANDARD FOODS CORPORATION AND SUBSIDIARIES

Notes to consolidated financial statements For the Six Months Ended June 30, 2021 and 2020 (Reviewed, not Audited) (In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

1. General Information

Standard Foods Corporation (the "Company") was incorporated on June 6, 1986. The Company mainly manufactures and sells nutritious foods, edible oils, dairy products and beverages.

The Company's shares have been listed on the Taiwan Stock Exchange since April 1994.

The consolidated financial statements of the Company and its subsidiaries, collectively referred to as the "Group," are presented in the Company's functional currency, the New Taiwan dollar.

2. Approval of Financial Statements

The Consolidated Financial Statements have been approved by the Board of Directors on August 11, 2021.

3. Application of New, Amended, and Revised Standards and Interpretations

a. The first-time application of the amended International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) (hereinafter referred to as "IFRSs") endorsed and issued into effect by the Financial Supervisory Commission (FSC).

The application of the IFRSs recognized and issued into effect by the FSC should not result in major changes in the accounting policies of the Company and the entities controlled by the Company (hereinafter referred to as the "Group"):

b. IFRSs endorsed by the FSC and applicable from 2022 onward:

New/Amended/Revised Standards and Interpretations Annual improvement of IFRSs 2018-2020 Amendment to IFRS 3 “References to the Conceptual Framework” Amendments to IAS 16 Real estate, Plant, and Equipment - Proceeds before Intended Use Amendments to IAS 37 "Onerous Contracts - Cost of Fulfilling a Contract"	Effective Date Announced byIASB
	January 1, 2022 (Note 1) January 1, 2022 (Note 2) January 1, 2022 (Note 3) January 1, 2022 (Note 4)

Note 1. The amendments to IFRS 9 are applicable to the exchange or term revisions of financial liabilities occurring in annual reporting periods beginning on or after January 1, 2022; the amendments to IAS 41 "Agriculture" are applicable to fair value measurements in annual reporting periods beginning on or after January 1, 2022; the amendments to IFRS 1 "First-Time Adoption of IFRSs" are applied retrospectively to annual reporting periods beginning on or after January 1, 2022.
10 -
Note 2. The amendments are applicable to business combinations with acquisition dates in annual reporting periods beginning on or after January 1, 2022.
Note 3. The amendments are applicable to property, plant and equipment that are brought to the location and condition necessary for them to be capable of operating in the manner intended by management on or after January 1, 2021.
Note 4. This amendment applies to contracts that have not fulfilled all obligations on January 1, 2022.

As of the date of authorization of the Consolidated Financial Statements, the Group has continued to assess the effects of amendments to the abovementioned standards and interpretations on its financial conditions and performance. Related impacts will be disclosed upon completion of the assessment.

c. IFRSs issued by the International Accounting Standards Board (IASB) but not yet endorsed and issued into effect by the FSC:

Effective Date Announced by IASB New/Amended/Revised Standards and Interpretations (Note 1) Amendments to IFRS 10 and IAS 28 "Sale or Contribution of To be determined Assets between an Investor and its Associate or Joint Venture" IFRS 17 “Insurance Contracts” January 1, 2023 Amendments to IFRS 17 January 1, 2023 Amendments to IAS 1 "Classify Liabilities as Current or January 1, 2023 Non-current" Amendments to IAS 1 "Disclosure of Accounting Policies" January 1, 2023 (Note 2) Amendment to IAS 8 “Definition of Accounting Estimate” January 1, 2023 (Note 3) Amendments to IAS 12 "Deferred Tax Related to Assets and January 1, 2023 (Note 4) Liabilities Arising from a Single Transaction"

Note 1. Unless stated otherwise, the above New/Amended/Revised Standards and Interpretations are effective for annual reporting periods beginning on or after their respective effective dates.
Note 2. This amendment prospectively applies to the annual reporting period beginning after January 1, 2023.
Note 3. This amendment applies to changes in accounting estimates and changes in accounting policies that occur during the annual reporting period beginning after January 1, 2023.
Note 4. Except for the recognition of deferred income tax on temporary differences between lease and decommissioning obligations on January 1, 2022, this amendment is applicable to transactions that occur after January 1, 2022.

11 -

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a. Statement of compliance

The consolidated financial report was formulated in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and IAS 34 "Interim Financial Reporting" recognized and announced to enter into effect by FSC. The consolidated financial statements do not include all IFRSs disclosure information required by the annual financial report.

b. Basis of preparation

The consolidated financial statements have been prepared on the historical cost basis except for financial instruments which are measured at fair value and net defined benefit liabilities which are measured at the present value of the defined benefit obligation less the fair value of plan assets.

The fair value measurements, which are grouped into Levels 1 to 3 based on the degree to which the fair value measurement inputs are observable and the significance of the inputs to the fair value measurement in its entirety, are described as follows:

1) Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities on the measurement date;
2) Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and
3) Level 3 inputs are unobservable inputs for the asset or liability.
c. Basis of consolidation

The consolidated financial statements incorporate the financial statements of the Company and the entities controlled by the Company (i.e., its subsidiaries). Income and expenses of subsidiaries acquired or disposed of during the period are included in the consolidated statements of comprehensive income from the effective dates of acquisitions up to the effective dates of disposals, as appropriate. When necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the Group. All intra-group transactions, balances, income and expenses are eliminated in full upon consolidation. Total comprehensive income of subsidiaries is attributed to the owners of the Company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance.

Changes in the Group's ownership interests in subsidiaries that do not result in the Group losing control over the subsidiaries are accounted for as equity transactions. The carrying amounts of the interests of the Group and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiaries. Any difference between the amount by which the non-controlling interests are adjusted and the fair value of the consideration paid or received is recognized directly in equity and attributed to the owners of the Company.

Refer to Note 14 and Tables 7 and 8 for detailed information on subsidiaries (including the percentages of ownership and main businesses).

12 -
d. Other Significant Accounting Policies

Except for the following, please refer to the summary of material accounting policies in the 2020 consolidated financial statements.

1) Pension Benefit in a Defined Benefit Plan

The pension cost for the interim period is calculated based on the actuarial cost ratio determined by the actuarial calculation at the end of the previous year. Calculation term is from the beginning of the period to the end of the period, and adjustments are made for major market fluctuations in the current period, major amendments to plans, settlement, or other significant one-time matters.

2) Other long-term employee benefits

Other long-term employee benefits have the same accounting treatment as the pension benefit in a defined benefit plan, except that the relevant remeasurements are recognized in profit or loss.

3) Income tax

Income tax expenses are the sum of current income tax and deferred income tax. The interim income tax is evaluated on an annual basis and the interim profit before tax is applied with the tax rate applicable to the expected total annual earnings for calculations.

5. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The key sources of major accounting judgments and uncertainty of estimation and assumptions adopted in these consolidated financial statements are the same as those in the consolidated financial statements for the year ended December 31, 2020.

6. CASH AND CASH EQUIVALENTS

Cash on hand Checking accounts and demand deposits Cash equivalents (investments with original maturities of less than 3 months) Time deposits Repurchase agreements collateralized by bonds		June 30, 2021 $ 2,079 1,773,173 339,459 - $ 2,114,711	December 31, 2020 $ 2,336 4,258,398 71,284 - $ 4,332,018		June 30, 2020
					$ 2,676 3,118,645 367,103 114,942 $ 3,603,366

The ranges of annual interest rate of cash in the bank at the end of the reporting period were as follows:

Bank deposits Repurchase agreements collateralized by bonds	June 30, 2021 0.001%-2.300% -	December 31, 2020 0.001%-3.220% -	June 30, 2020
			0.001%-3.500% 0.300%-0.340%

13 -

7. FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS

Financial assets at FVTPL-current Mandatorily classified as at FVTPL Non-derivative financial assets `－`Fund beneficiary certificate `－`Bonds Financial assets at FVTPL- non-current Mandatorily classified as at FVTPL Non-derivative financial assets Listed shares Unlisted shares		June 30, 2021 $ 2,635,870 28,409 $ 2,664,279 $ 4,348 6,284 $ 10,632	December 31, 2020 $ 1,461,304 29,032 $ 1,490,336 $ 4,434 6,232 $ 10,666		June 30, 2020
					$ 1,483,675 30,190 $ 1,513,865 $ - 6,200 $ 6,200

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME

Current Investments in equity instruments Non-current Investments in equity instruments Investments in equity instruments Current Listed shares Ordinary shares - Far Eastern International Bank Ordinary shares - Chunghwa Telecom Co., Ltd Ordinary shares - Formosa Plastics Corp. Ordinary shares - China Steel Corp. Ordinary shares - Polytronics Technology Corp. Ordinary shares - Taiwan Semiconductor Manufacturing Co., Ltd. Non-current Listed shares Ordinary shares - GeneFerm Biotechnology Co., Ltd. (GeneFerm)	June 30, 2021 $ 329,201 $ 379,544 June 30, 2021 $ 15,020 5,540 9,418 31,809 213,864 53,550 $ 329,201 $ 77,867	December 31, 2020 $ 249,485 $ 267,178 December 31, 2020 $ 15,374 5,297 8,815 19,881 152,418 47,700 $ 249,485 $ 62,423	June 30, 2020	June 30, 2020
			$ 178,498 $ 182,903 June 30, 2020
				$ 15,307 5,686 8,010 16,627 104,698 28,170 $ 178,498 $ 53,199

(Continued)

14 -

(Continued from the previous page)

Unlisted shares Ordinary shares - Dah Chung Bills Finance Corp. Ordinary shares - InnoComm Mobile Technology Corp. Ordinary shares - AsiaVest Liquidation Co.	June 30, 2021 $ 16,100 284,544 1,033 $ 379,544	December 31, 2020 $ 14,918 188,784 1,053 $ 267,178	June 30, 2020	June 30, 2020
				$ 14,173 114,624 907 $ 182,903

These investments by the Group are held for medium- to long-term strategic purposes and the Group expects to profit from long-term investments. Accordingly, the management elected to designate these investments in equity instruments as at fair value through other comprehensive profit or loss as they believe that recognizing short-term fluctuations in these investments' fair value in profit or loss would not be consistent with the Group's strategy of holding these investments for long-term purposes.

9. FINANCIAL ASSETS AT AMORTIZED COST

Current Time deposits with original maturities of more than 3 months Non-current Time deposits with original maturities of more than 3 months	June 30, 2021 $ 2,731,765 $ 388,134	December 31, 2020 $ 1,728,070 $ -	June 30, 2020	June 30, 2020
				$ 2,446,729 $ -

The ranges of interest rates for time deposits with original maturities of more than 3 months were 0.26%~4.13%, 0.35%~4.13%, and 0.54%~3.80% per annum as of June 30, 2021, December 31, 2020, and June 30, 2020, respectively.

10. NOTE RECEIVABLES, TRADE RECEIVABLES, AND OTHER RECEIVABLES

Notes receivable Operating Trade receivables At amortized cost Gross carrying amount Less: Allowance for impairment loss Other receivables Accrued income Receivables from payments on behalf of others Receivables from promotion subsidy Others		June 30, 2021 $ 17,252 $ 4,778,866 25,760) $ 4,753,106 $ 22,866 1,948 - 252,085 $ 276,899	December 31, 2020 $ 3,154 $ 6,328,068 ( 32,487) $ 6,295,581 $ 19,033 3,259 19,543 182,535 $ 224,370		June 30, 2020
	(		(	(	$ 14,236 $ 4,767,204 28,460) $ 4,738,744 $ 16,652 1,430 - 215,174 $ 233,256

15 -

The Group's credit period for commodity sales averages 30~90 days. To minimize credit risk, the management of the Group has delegated a team responsible for determining credit limits, credit approvals and other monitoring procedures to ensure that follow-up action is taken to recover overdue debts. In addition, the Group reviews the recoverable amount of each individual receivable on the balance sheet date to ensure that adequate allowances are made for possible irrecoverable amounts.

The Group adopts the simplified approach of IFRS 9 to measures the loss allowance for trade receivables at an amount equal to lifetime expected credit losses (ECLs). The Group performs assessment using the three forward-looking factors, i.e., industrial index of the customer, GDP growth rate and unemployment rate, as the ECL rate.

When there is evidence indicating that the debtor is in severe financial difficulty and there is no realistic prospect of recovery, the credit risk management department of the Group would continue to engage in enforcement activity in compliance with laws and regulations. The trade receivable will be written off when the amount due is collected.

The following table details the loss allowance of notes and trade receivables of the Group. June 30, 2021

Not Pass Due	Less than 30 Days	31 to 90 Days	91 to 180 Days	Over 180 Days	Over 180 Days	Over 180 Days		Total
0.07% $ 4,654,749 ( 3,221) $ 4,651,528 Not Pass Due	2.72% $ 30,993 ( 842) $ 30,151 Less than 30 Days	12.35% $ 44,638 ( 5,515) $ 39,123 31 to 90 Days	22.72% $ 49,235 ( 11,184) $ 38,051 91 to 180 Days	30.29% $ 16,503 ( 4,998) $ 11,505 Over 180 Days			(	$ 4,796,118 25,760) $ 4,770,358 Total
0.01% $ 5,855,491 ( 537) $ 5,854,954 Not Pass Due	0.44% $ 353,466 ( 1,549) $ 351,917 Less than 30 Days	2.97% $ 74,259 ( 2,207) $ 72,052 31 to 90 Days	51.56% $ 40,270 ( 20,764) $ 19,506 91 to 180 Days	96.04% $ 7,736 ( 7,430) $ 306 Over 180 Days			(	$ 6,331,222 32,487) $ 6,298,735 Total
					(	$ 20,933 8,104 - - 577) $ 28,460

16 -

11. FINANCE LEASE RECEIVABLES

The composition of finance lease receivables was as follows:

Undiscounted lease payments Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 onwards Less: Unearned finance income Net investment in leases presented as finance lease receivables	June 30, 2021 $ 4,400 4,800 4,800 4,800 4,800 6,200 29,800 ( 4,293) $ 25,507	December 31, 2020 $ 4,200 4,700 4,800 4,800 4,800 8,600 31,900 ( 4,952) $ 26,948	June 30, 2020	June 30, 2020
	(	(	(	$ 4,200 4,400 4,800 4,800 4,800 11,000 34,000 5,647) $ 28,353

No finance lease receivable was past due on the balance sheet date. The Group has not recognized a loss allowance for finance lease receivables after taking into consideration the historical default experience and the future prospects of the industries in which the lessees operate, together with the value of collateral held over these finance lease receivables.

12. INVENTORIES

Merchandise Finished goods Work in progress Raw materials Packing materials		June 30, 2021 $ 389,919 1,349,914 1,052,219 2,693,489 79,948 $ 5,565,489	December 31, 2020 $ 640,373 1,977,416 350,629 2,092,141 64,089 $ 5,124,648		June 30, 2020
					$ 554,959 1,312,608 593,997 1,774,649 68,742 $ 4,304,955

Cost of goods sold for the three and six months ended June 30, 2021 and 2020 includes loss in inventory value (gain on recovery) of NT$8,944 thousand, NT$(9,250) thousand, NT$33,979 thousand, and NT$749 thousand, and inventory obsolescence loss of NT$14,110 thousand, NT$11,071 thousand, NT$19,190 thousand, and NT$17,797 thousand, respectively.

13. PREPAYMENTS

Prepayments for purchases Prepayments for rent Prepayments for insurance Excess business tax paid Prepayments for advertisements Others		June 30, 2021 $ 1,333,385 6,313 9,618 335,032 9,903 245,513 $ 1,939,764	December 31, 2020 $ 1,025,145 5,274 980 212,798 19,490 315,602 $ 1,579,289		June 30, 2020
					$ 873,400 9,810 10,012 269,641 33,890 224,935 $ 1,421,688

17 -

14. SUBSIDIARIES

Subsidiaries included in consolidated financial statements.

Entities of the consolidated financial statements were as follows:

Investor Company The Company The Company The Company The Company The Company The Company The Company The Company Accession Limited Accession Limited Accession Limited Dermalab Cayman Standard Hong Kong Standard Hong Kong Standard Hong Kong Standard China Standard Investment China Standard Investment The Company and China Standard Investment China Standard Investment	Name of Subsidiary Standard Dairy Products Taiwan Ltd. (Standard Dairy Products) (Note) Charng Hui Ltd. (Charng Hui) (Note) Domex Technology Corporation (Domex Technology) (Note) Standard Beverage Company Ltd. (Standard Beverage) (Note) Accession Limited Standard Investment (Cayman) Limited (Cayman Standard) Le Bonta Wellness International Corporation (Le Bonta Wellness) (Note) Standard Foods, LLC. (Note) Shanghai Standard Foods Co., Ltd. (Shanghai Standard) Shanghai Le Ben De Health Technology Co., Ltd. (Shanghai Le Ben De) (Note) Dermalab S.A. (Dermalab) (Note) Swissderma SL (Swissderma) (Note) Standard Corporation (Hong Kong) Limited (Hong Kong Standard) Standard Investment (China) Ltd. (China Standard Investment) Shanghai Le Min Industrial Co., Ltd. (Shanghai Le Min) (Note) Shanghai Le Ho Industrial Co., Ltd. (Shanghai Le Ho) (Note) Standard Foods (China) Co., Ltd. (China Standard Foods) Shanghai Dermalab Corporation (Shanghai Dermalab) (Note) Le Bonta Wellness Co., Ltd. (Shanghai Le Bonta Wellness) (Note) Standard Foods (Xiamen) Co., Ltd. (Xiamen Standard) (Note)	Main Business Manufacture and sale of dairy products and beverages Investing Manufacture and sale of computer peripherals and computer appliances Manufacture and sale of beverages Investing Investing Sale of health food Sale of health food Manufacture and sale of edible oils and nutritious foods Technical consultant on health technology, technical transfer and technical service Development and sale of cosmetics Sale of cosmetics Investing Investing and sale of edible oils and nutritious foods Management of properties Management of properties Manufacture and sale of edible oils and nutritious foods Sale of nutritional foods, cosmetics and engage in import and export business Sale of nutritional foods and engage in import and export business Manufacture and sale of edible oils and nutritious foods	Proportion of Ownership June 30, 2021 December 31, 2020 June 30, 2020 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 52.0% 52.0% 52.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 99.0% 99.0% 99.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%	Proportion of Ownership June 30, 2021 December 31, 2020 June 30, 2020 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 52.0% 52.0% 52.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 99.0% 99.0% 99.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%	Remark
			June 30, 2021 100.0% 100.0% 52.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 99.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%	December 31, 2020 100.0% 100.0% 52.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 99.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
					- - - - - - The Company reduced its capital by NT$8,397 thousand in March 2021. The Company invested US$300 thousand and set up Standard Foods, LLC. in June 2020. - - Accession Limited invested CHF 1,450 thousand in Dermalab in March 2021. - - - - - - - - -

Note: It is a non-significant subsidiary, and its financial statements have not been reviewed by any CPA.

18 -

15. REAL ESTATE, PLANT, AND EQUIPMENT

Cost Balance as of January 1, 2020 Additions Disposals Reclassification Net foreign currency exchange differences Balance as of June 30, 2020 Accumulated depreciation and impairment Balance as of January 1, 2020 Disposals Depreciation expenses Net foreign currency exchange differences Balance as of June 30, 2020 Net amount as of June 30, 2020 Cost Balance as of January 1, 2021 Additions Disposals Reclassification From investment properties Net foreign currency exchange differences Balance as of June 30, 2021 Accumulated depreciation and impairment Balance as of January 1, 2021 Disposals Depreciation expenses From investment properties Net foreign currency exchange differences Balance as of June 30, 2021 Net amount as of December 31, 2020 and January 1, 2021 Net amount as of June 30, 2021		Freehold Land	Buildings	Equipment	Other equipment	Property in Construction and Equipment to Be Tested	Total
		$ 702,405 - - - - $ 702,405 $ - - - - $ - $ 702,405 $ 705,345 - - 1,690 - - $ 707,035 $ - - - - - $ - $ 705,345 $ 707,035	$ 4,078,150 322 ( 7,533 ) 17,293 ( 69,136) $ 4,019,096 $ 1,269,679 ( 7,266 ) 86,796 ( 12,136) $ 1,337,073 $ 2,682,023 $ 3,392,715 - ( 769 ) 28,527 36,012 ( 23,164) $ 3,433,321 $ 1,410,765 ( 745 ) 80,287 17,526 ( 6,697) $ 1,501,136 $ 1,981,950 $ 1,932,185	$ 4,069,198 1,590 ( 64,268 ) 82,878 ( 30,378) $ 4,059,020 $ 2,730,217 ( 63,219 ) 136,138 ( 13,203) $ 2,789,933 $ 1,269,087 $ 4,168,193 623 ( 38,070 ) 64,747 - ( 14,679) $ 4,180,814 $ 2,914,753 ( 33,953 ) 135,290 - ( 7,300) $ 3,008,790 $ 1,253,440 $ 1,172,024	$ 561,938 3,239 ( 10,003 ) 20,271 ( 5,574) $ 569,871 $ 425,371 ( 9,734 ) 24,513 ( 4,036) $ 436,114 $ 133,757 $ 574,828 628 ( 6,967 ) 8,438 - ( 3,420) $ 573,507 $ 440,921 ( 6,925 ) 21,558 - ( 2,396) $ 453,158 $ 133,907 $ 120,349	$ 138,888 108,801 - ( 120,442 ) ( 1,107) $ 126,140 $ - - - - $ - $ 126,140 $ 127,003 123,617 - ( 103,402 ) - ( 298) $ 146,920 $ - - - - - $ - $ 127,003 $ 146,920	$ 9,550,579 113,952 ( 81,804 ) - ( 106,195) $ 9,476,532 $ 4,425,267 ( 80,219 ) 247,447 ( 29,375) $ 4,563,120 $ 4,913,412 $ 8,968,084 124,868 ( 45,806 ) - 36,012 ( 41,561) $ 9,041,597 $ 4,766,439 ( 41,623 ) 237,135 17,526 ( 16,393) $ 4,963,084 $ 4,201,645 $ 4,078,513

For the six months ended June 30, 2021 and 2020, there were no signs of impairment, so the Group did not conduct any impairment assessment.

Depreciation expenses were recognized on a straight-line basis over the following estimated useful lives of the assets:

Buildings
Main buildings	20 ~ 51 years
Electrical and mechanical equipment	8 ~ 20 years
Engineering system	3 ~ 39 years
Others	3 ~ 20 years
Equipment
Main equipment	2 ~ 20 years
Engineering system	3 ~ 20 years
Others	3 ~ 15 years
Other equipment	2 ~ 15 years

For the amount of real estate, plant, and equipment pledged as collateral, refer to Note 33.

19 -

16. LEASE ARRANGEMENTS

a. Right-of-use assets

Right-of-use assets
Carrying amounts of right-of-use assets Land Buildings Office equipment Transportation equipment	June 30, 2021 $ 388,801 185,272 397 5,753 $ 580,223	December 31, 2020 $ 399,166 218,696 444 8,134 $ 626,440	June 30, 2020
				$ 389,700 248,470 355 8,969 $ 647,494

Additions to right-of-use assets Depreciation expenses for right-of-use assets Land Buildings Office equipment Transportation equipment	For the Three Months Ended June 30, 2021 $ 1,374 $ 3,100 18,432 24 767 $ 22,323	For the Three Months Ended June 30, 2020 $ 6,747 $ 3,037 18,673 18 860 $ 22,588	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2020 $ 9,349 $ 6,131 38,332 35 1,601 $ 46,099	For the Six Months Ended June 30, 2020 $ 9,349 $ 6,131 38,332 35 1,601 $ 46,099
				$ 33,084 $ 6,222 36,774 48 1,623 $ 44,667		$ 9,349 $ 6,131 38,332 35 1,601 $ 46,099

b. Lease liabilities

Carrying amounts of lease liabilities Current Non-current	June 30, 2021 $ 76,672 $ 156,519	December 31, 2020 $ 77,782 $ 200,191	June 30, 2020	June 30, 2020
				$ 80,322 $ 219,173

Range of discount rate for lease liabilities was as follows: June 30, 2021 December 31, 2020 Land 1.07%~1.49% 1.07%~1.49% Buildings 1.07%~4.35% 1.07%~4.35% Office equipment 1.07% 1.07% Transportation equipment 1.07%~ 3.77% 1.07%~ 3.77%	June 30, 2020
	1.07%~1.49% 1.07%~4.35% 1.07% 1.07%~ 12.04%

c. Material leasing activities and terms

The Group leases land, buildings, and transportation equipment for the use of plants, offices and business cars with lease terms of 1 to 50 years. The Group does not have bargain purchase options to acquire the leasehold land and buildings at the end of the lease terms. In addition, the Group is prohibited from subleasing or transferring all or any portion of the underlying assets without the lessor's consent.

20 -

d. Other lease information

Lease arrangements under operating leases for leasing out the investment properties are set out in Note 17. Lease arrangements for leasing out the assets under finance leases are set out in Note 11.

Expenses relating to short-term leases Expenses relating to low-value asset leases Expenses relating to variable lease payments not included in the measurement of lease liabilities Total cash outflow for leases		For the Three Months Ended June 30, 2021 $ 23,433 $ 571 $ 19	For the Three Months Ended June 30, 2020 $ 20,103 $ 252 $ 18	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2020 $ 42,251 $ 538 $ 38 ($ 100,733)	For the Six Months Ended June 30, 2020 $ 42,251 $ 538 $ 38 ($ 100,733)
				(	$ 53,330 $ 1,362 $ 39 $ 109,254)		$ 42,251 $ 538 $ 38 $ 100,733)

The Group leases certain office equipment, production assets, and sale premises that qualify as short-term leases. The Group has elected to apply for the recognition exemption and, thus, did not recognize right-of-use assets and lease liabilities for these leases.

17. INVESTMENT PROPERTY

			Completed
			Investment		Right-of-use
			Properties			assets			Total
Cost
Balance as of January 1, 2020		$	241,711		$	5,548		$	247,259
Net foreign currency exchange
differences	(		2,203)	(		144)	(		2,347)
Balance as of June 30, 2020		$	239,508		$	5,404		$	244,912
Accumulated depreciation and
impairment
Balance as of January 1, 2020		$	124,434		$	333		$	124,767
Depreciation expenses			1,071			216			1,287
Net foreign currency exchange
differences	(		1,978)	(		12)	(		1,990)
Balance as of June 30, 2020		$	123,527		$	537		$	124,064
Net amount as of June 30, 2020		$	115,981		$	4,867		$	120,848
Cost
Balance as of January 1, 2021		$	1,009,740		$	5,635		$	1,015,375
Transferred to property, plant and
equipment	(		36,012 )			-	(		36,012 )
Net foreign currency exchange
differences	(		10,194)	(		67)	(		10,261)
Balance as of June 30, 2021		$	963,534		$	5,568		$	969,102

(Continued)

21 -

(Continued from the previous page)

Accumulated depreciation and impairment Balance as of January 1, 2021 Depreciation expenses Transferred to property, plant and equipment Net foreign currency exchange differences Balance as of June 30, 2021 Net amount as of December 31, 2020 and January 1, 2021 Net amount as of June 30, 2021	Completed Investment Properties $ 169,797 18,723 ( 17,526 ) ( 1,616) $ 169,378 $ 839,943 $ 794,156		Right-of-use assets $ 781 220 - 11) $ 990 $ 4,854 $ 4,578	Total
		(		$ 170,578 18,943 ( 17,526 ) ( 1,627) $ 170,368 $ 844,797 $ 798,734

The investment properties held by the Group are depreciated using the straight-line basis over the following estimated useful lives:

Buildings
Main buildings	35-51 years
Electrical and mechanical equipment	24-25 years
Engineering system	28 years
Right-of-use assets	49 years
Others	24 years

The fair values of the investment properties were $1,106,155 thousand, $1,146,959 thousand, and $212,901 thousand as of June 30, 2021, December 31, 2020 and June 30, 2020, respectively. In the absence of hiring an independent appraiser, the management of the Group determined the fair value with reference to market transaction prices of similar properties.

The Group’s investment properties are located in Suzhou City, Jiangsu Province, China. Due to the land is included in the industrial districts, the market for comparable properties is inactive and alternative reliable measurements of fair value are not available. Therefore, the fair value is not reliably measurable.

All of the Group's investment properties are held under freehold interests. For the amount of investment real estate set by the Group as a loan guarantee, please refer to Note 33

22 -

18. INTANGIBLE ASSETS

Cost Balance as of January 1, 2020 Additions Disposals Net foreign currency exchange differences Balance as of June 30, 2020 Accumulated amortization and impairment Balance as of January 1, 2020 Disposals Amortization expenses Net foreign currency exchange differences Balance as of June 30, 2020 Net amount as of June 30, 2020 Cost Balance as of January 1, 2021 Additions Disposals Net foreign currency exchange differences Balance as of June 30, 2021 Accumulated amortization and impairment Balance as of January 1, 2021 Disposals Amortization expenses Net foreign currency exchange differences Balance as of June 30, 2021 Net amount as of December 31, 2020 and January 1, 2021 Net amount as of June 30, 2021	Trademark $ 227,260 31,002 - ( 4,510) $ 253,752 $ 163,442 - 2,536 ( 4,773) $ 161,205 $ 92,547 $ 261,737 59 ( 185 ) ( 4,916) $ 256,695 $ 170,665 ( 185 ) 2,582 570 $ 173,632 $ 91,072 $ 83,063	Computer software $ 239,713 3,662 ( 28,268 ) ( 260) $ 214,847 $ 236,262 ( 28,268 ) 1,112 ( 251) $ 208,855 $ 5,992 $ 225,239 7,768 - ( 9) $ 232,998 $ 210,920 - 4,532 ( 8) $ 215,444 $ 14,319 $ 17,554	Total
			$ 466,973 34,664 ( 28,268 ) ( 4,770) $ 468,599 $ 399,704 ( 28,268 ) 3,648 ( 5,024) $ 370,060 $ 98,539 $ 486,976 7,827 ( 185 ) ( 4,925) $ 489,693 $ 381,585 ( 185 ) 7,114 562 $ 389,076 $ 105,391 $ 100,617

For the six months ended June 30, 2021 and 2020, there were no signs of impairment, so the Group did not conduct any impairment assessment.

Amortization expenses are calculated on a straight-line basis over the following useful lives:

Trademark 10-20 years Computer software 2-3 years

23 -

19. OTHER ASSETS

OTHER ASSETS
Current Pledged bank time deposits (Note 33) Advances to officers Temporary payments Right of products to be returned Others Non-current Prepayments for equipment Refundable deposits Pledged bank time deposits (Note 33) Others	June 30, 2021 $ 4,016 19,312 6,985 43,804 8,120 $ 82,237 $ 21,286 238,411 - 115,844 $ 375,541	December 31, 2020 $ 4,016 24,291 10,094 25,320 123 $ 63,844 $ 24,737 56,259 - 115,467 $ 196,463	June 30, 2020
				$ 4,013 14,071 6,436 - 1,438 $ 25,958 $ 16,375 60,970 83,706 102,806 $ 263,857

20. BORROWINGS

a. Short-term borrowings

Secured borrowings (Note 33) Bank loans Unsecured borrowings Bank loans Other loans	June 30, 2021 $ 200,000 1,713,269 15,097 $ 1,928,366	December 31, 2020 $ 180,000 1,650,614 16,153 $ 1,846,767	June 30, 2020	June 30, 2020
				$ 120,000 889,811 - $ 1,009,811

The annual interest rates of the aforementioned short-term borrowings or financing are 0.95%~3.00%, 0.95%~3.20%, and 0.95%~3.75% on June 30, 2021, December 31, and June 30, 2020, respectively.

b. Short-term bills payable

Commercial paper payable Less: Discount on short-term bills payable	June 30, 2021 $ 150,000 ( 94) $ 149,906	December 31, 2020 $ 130,000 ( 131) $ 129,869	June 30, 2020	June 30, 2020
	(	(	(	$ 70,000 76) $ 69,924

The annual interest rates payable to commercial promissory notes as of June 30, 2021, December 31, and June 30, 2020 are 1.19%~1.29%, 1.19%~1.29%, and 1.19%~1.31%, respectively.

24 -

21. NOTES PAYABLE AND TRADE PAYABLES

Notes payable Operating Non-operating Trade payables Operating		June 30, 2021 $ 348,624 - $ 348,624 $ 1,360,601	December 31, 2020 $ 90,288 45 $ 90,333 $ 2,107,188		June 30, 2020
					$ 292,901 - $ 292,901 $ 1,535,080

The average credit period of payables for purchases of goods was 30-90 days. The Group has financial risk management policies in place to ensure that all payables are paid within the pre-agreed credit terms.

22. OTHER LIABILITIES

Current Other payables Payable for salaries or bonuses Payable for compensation of employees Payable for remuneration to directors Payable for commission and rebates Payable for dividends Payable for advertisement Payable for royalties Payable for freight Payable for equipment Others Other liabilities Advance receipts from customers Refund liability Others Non-current Other liabilities Guarantee deposits Others		June 30, 2021 $ 310,474 22,369 31,280 1,056,409 2,321,228 93,063 20,966 61,132 60,330 1,194,274 $ 5,171,525 $ 2,971 85,381 27,719 $ 116,071 $ 23,582 121 $ 23,703	December 31, 2020 $ 368,144 49,921 21,965 1,234,532 - 226,393 23,682 116,854 86,794 1,313,973 $ 3,442,258 $ 2,430 41,596 50,082 $ 94,108 $ 19,990 130 $ 20,120		June 30, 2020
					$ 217,924 17,819 36,767 831,369 2,448,919 139,326 21,208 103,945 77,684 1,016,852 $ 4,911,813 $ 305 15,495 18,267 $ 34,067 $ 26,698 2,386 $ 29,084

The Group accepts returns of sold goods according to the business practices. Taking into account the accumulated experience in the past, the Company and its mainland subsidiaries estimate the return rate based on the most probable amount, and recognize the return liability (recorded as other current liabilities) and related pending returns. Product rights (recorded as other current assets).

25 -

23. RETIREMENT BENEFIT PLANS

Employee benefit expenses in respect of the Group’s defined benefit retirement plans for the three and six months ended June 30, 2021 and 2020 were $7,831 thousand, $2,868 thousand, $11,946 thousand, and $5,739 thousand by the actuarially determined pension cost discount rate as of December 31, 2020 and 2019, respectively.

24. EQUITY

a. Share capital

1) Ordinary shares

Number of shares authorized (in thousands) Shares authorized Number of shares issued and fully paid (in thousands) Shares issued	June 30, 2021 920,000 $ 9,200,000 915,089 $ 9,150,897	December 31, 2020 920,000 $ 9,200,000 915,089 $ 9,150,897	June 30, 2020	June 30, 2020
				920,000 $ 9,200,000 915,089 $ 9,150,897

2) Global depositary receipts

As of June 30, 2021, a total of 6,908.4 units of Global Depositary Receipts (GDRs) (representing 34,542 shares of the Company's ordinary shares), where each GDR representing 5 shares of the Company's ordinary shares, were traded on the Euro MTF Market of the Luxembourg Stock Exchange. Holders of the GDRs may request at any time to have their GDRs be converted into corresponding ordinary shares.

b. Capital surplus

May be used to offset a deficit, distributed as cash dividends, or transferred to share capital (1) Difference between consideration received or paid and the carrying amount of the subsidiaries' net assets during actual disposal or acquisition Treasury share transactions May only be used to offset a deficit Changes in percentage of ownership interests in subsidiaries (2)	June 30, 2021 $ 1 126,925 466 $ 127,392	December 31, 2020 $ 1 126,925 466 $ 127,392	June 30, 2020	June 30, 2020
				$ 1 109,251 466 $ 109,718

26 -
1) Such capital surplus may be used to offset a deficit; in addition, when the Company has no deficit, such capital surplus may be distributed as cash dividends or transferred to share capital (limited to a certain percentage of the Company's capital surplus and to once a year).
2) Such capital surplus arises from the effect of changes in ownership interests in subsidiaries that result from equity transactions other than actual disposals or acquisitions, or from changes in capital surplus of subsidiaries accounted for using the equity method.
c. Retained earnings and dividend policy

Under the dividend policy as set forth in the Articles of Incorporation, where the Company made any profits in a fiscal year, the profits shall be appropriated, less any paying taxes and deficit, 10% thereof as legal reserve, special reserve provided or reversed in accordance with the regulations, and 30% to 100% of the sum of the remainder and prior years' unappropriated earnings as dividends. The Company's Articles of Incorporation also prescribe that 30% to 100% of dividends shall be paid in cash; however, if the Company has major investment plans for which external funds are not available, the percentage may be lowered to 5% to 20%. The distribution plan shall be proposed by the Company's board of directors and resolved in the shareholders' meeting for distribution of dividends and bonus to shareholders. For the policies on distribution of the compensation of employees and remuneration of directors in the Articles of Incorporation, please refer to Note 26(i) "employees' compensation and remuneration of directors."

Appropriation of earnings to legal reserve shall be made until the legal reserve equals the Company's paid-in capital. Legal reserve may be used to offset deficit. If the Company has no deficit and the legal reserve has exceeded 25% of the Company's paid-in capital, the excess may be transferred to capital or distributed in cash.

The board of directors and shareholders' meetings proposed and resolved the distribution of earnings for years ended December 31, 2020 and 2019 on July 22, 2021 and June 16, 2020 as follows:

Legal reserve Special reserve Cash dividends Cash dividends per share (NT$)		2020		2019
		$ 319,167 $ - $ 2,287,724 $ 2.5		$ 341,610 $ 246,549 $ 2,424,987 $ 2.65

In response to the “Measures in relation to the extension of shareholders’ meeting of the public company affected by the epidemic” announced by the Financial Supervisory Commission, the Group ceased to convene the original shareholders’ meeting and held it on July 22, 2021. The distribution of earnings for 2020 has reached the legal threshold of resolution through electronic voting and the Group has been adjusted and accounted for.

27 -

d. Special reserve

Balance as of January 1 Appropriation of special reserve Appropriation for deductions in other equity items Balance as of June 30	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
		$ 577,494 - $ 577,494		$ 330,945 246,549 $ 577,494

Appropriation for special reserve should be made in the amount equal to the net debit balance of other equity at the end of the reporting period. If there is a subsequent reversal of the net deduction of other shareholders' equity, the special reserve reversed may be reverted to distribute the surplus.

e. Other equity items

1) Exchange differences on translating the financial statements of foreign operations

Balance as of January 1 Recognized for the year Exchange differences on translating the financial statements of foreign operations Other comprehensive income for the period Balance as of June 30	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2020
	( $ 572,206 ) ( 97,657) ( 97,657) ($ 669,863)	( $ 693,038 ) ( 181,200) ( 181,200) ($ 874,238)

2) Unrealized gain (loss) on financial assets at FVTOCI

Balance as of January 1 Recognized for the year Unrealized gain (loss) Equity instruments Other comprehensive income for the period Balance as of June 30	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
		$ 216,714 146,144 146,144 $ 362,858	( (	$ 115,544 18,428) 18,428) $ 97,116

28 -

f. Non-controlling interests

Balance as of January 1 Net profit for the period Other comprehensive income for the period Exchange differences on translating the financial statements of foreign operations Unrealized gain (loss) on financial assets at FVTOCI Cash dividends distributed by subsidiaries to non-controlling interests Balance as of June 30	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2020
	$ 331,139 13,303 ( 579 ) 45,956 ( 33,504) $ 356,315	$ 272,564 7,396 ( 1,187 ) 3,456 ( 23,932) $ 258,297

g. Treasury shares

Purpose of Buy-back Number of shares as of January 1 and June 30, 2020 Number of shares as of January 1 and June 30, 2021	Shares Held by Subsidiaries (In Thousands of Shares)	Shares Held by Subsidiaries (In Thousands of Shares)
		6,669 6,669

For the purpose of maintaining the Company's credit and shareholders' equity, the Company's shares held by its subsidiaries at the end of the reporting periods were as follows:

Name of Subsidiary June 30, 2021 Charng Hui December 31, 2020 Charng Hui June 30, 2020 Charng Hui	Number of shares held (thousand shares) 6,669 6,669 6,669		Carrying Amount $ 21,182 $ 21,182 $ 21,182	Market Price	Market Price
					$ 360,818 $ 408,839 $ 420,177

The Company's shares held by subsidiaries were treated as treasury shares, aside from the rights to participate in any share issuance for cash and to vote, the rest were similar to general shareholder's rights.

29 -

25. REVENUE

			For the Three	For the Three	For the Three		For the Six		For the Six
			Months Ended		Months Ended	Months Ended		Months Ended
			June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Revenue from contracts with
	customers
	Sale of goods		$ 7,407,505		$ 7,952,636		$ 15,676,507		$ 14,624,069
a.	Contract balances
		June 30, 2021		December 31, 2020		June 30, 2020		January 1, 2020
	Notes receivable (Note
	10)	$	17,252	$	3,154	$	14,236	$	2,977
	Trade receivables (Note
	10)	$ 4,753,106		$	6,295,581	$	4,738,744	$	6,439,550
	Trade receivables from
	related parties (Note
	10)	$	7,467	$	9,011	$	1,648	$	-
	Contract liabilities -
	current
	Sale of goods	$	170,079	$	748,044	$	224,495	$	326,644

a. Contract balances

b. Disaggregation of revenue

For the Six Months Ended June 30, 2021

Types of goods or services Sale of goods		Reportable Segments	Reportable Segments	Reportable Segments	Others $ 2,501,599		Total
		Nutritious Foods $ 5,744,146	Cooking products Food $ 7,430,762
							$ 15,676,507

For the Six Months Ended June 30, 2020

Types of goods or services Sale of goods		Reportable Segments	Reportable Segments	Reportable Segments	Others $ 1,194,455		Total
		Nutritious Foods $ 5,824,917	Cooking products Food $ 7,604,697
							$ 14,624,069

26. NET PROFIT

Components of net profit includes:

30 -

a. Interest income

Interest income Bank deposits Financial assets at amortized cost Repurchase agreements collateralized by bonds Others	For the Three Months Ended June 30, 2021 $ 21,170 8,902 30 296 $ 30,398	For the Three Months Ended June 30, 2020 $ 19,493 14,237 85 326 $ 34,141	For the Six Months Ended June 30, 2021 $ 36,214 24,829 30 616 $ 61,689	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 36,601 29,188 471 686 $ 66,946

b. Other income

Operating lease rental income Investment properties (Note 17) Others Dividend income Investments in equity instruments at FVTOCI	For the Three Months Ended June 30, 2021 $ 8,417 366 8,783 7,630 $ 16,413	For the Three Months Ended June 30, 2020 $ 6,970 267 7,237 7,479 $ 14,716	For the Six Months Ended June 30, 2021 $ 16,687 635 17,322 7,855 $ 25,177	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 14,002 535 14,537 7,704 $ 22,241

c. Other profits and losses

Gains and losses of financial assets and financial liabilities Financial assets mandatorily classified as at FVTPL Net foreign exchange losses Net gains (losses) on disposal of property, plant and equipment Government grants Others Finance cost Interest on bank loans Interest on short-term bills payable Interest on lease liabilities Other interest expenses	For the Three Months Ended June 30, 2021 $ 25,070 ( 8,620 ) ( 2,926 ) 7,280 7,098 $ 27,902 For the Three Months Ended June 30, 2021 $ 11,672 237 2,091 454 $ 14,454	For the Three Months Ended June 30, 2020 $ 6,183 ( 14,789 ) ( 792 ) 35,681 5,456 $ 31,739 For the Three Months Ended June 30, 2020 $ 13,954 116 2,426 13 $ 16,509	For the Six Months Ended June 30, 2021 $ 6,165 ( 19,146 ) ( 3,692 ) 10,951 10,095 $ 4,373 For the Six Months Ended June 30, 2021 $ 20,779 474 4,263 463 $ 25,979	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
				$ 1,067 ( 7,738 ) 584 42,426 ( 1,894) $ 34,445 For the Six Months Ended June 30, 2020
					$ 25,852 357 5,083 25 $ 31,317

d. Finance cost
31 -

e. Derogation loss (or reversal)

For the Three Months Ended June 30, 2021 Trade receivables $ 1,077 Inventories (included in operating costs) $ 8,944 f. Depreciation and amortization For the Three Months Ended June 30, 2021 An analysis of depreciation by function OPERATING COSTS $ 101,138 Operating expenses 39,255 Non-operating revenue and expenses 9,324 $ 149,717 An analysis of amortization by function OPERATING COSTS $ 5,921 Operating expenses 12,778 $ 18,699	For the Three Months Ended June 30, 2020 $ 818 ($ 9,250) For the Three Months Ended June 30, 2020 $ 99,496 47,072 642 $ 147,210 $ 4,805 9,476 $ 14,281	For the Six Months Ended June 30, 2021 ($ 2,935) $ 33,979 For the Six Months Ended June 30, 2021 $ 201,679 80,123 18,943 $ 300,745 $ 12,551 26,201 $ 38,752	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
			$ 8,104 $ 749 For the Six Months Ended June 30, 2020
				$ 198,705 94,841 1,287 $ 294,833 $ 9,732 18,294 $ 28,026

g. Operating expenses directly related to investment properties

Direct operating expenses of investment properties Direct operating expenses of investment properties that generated rental income Direct operating expenses of investment properties that did not generated rental income	For the Three Months Ended June 30, 2021 $ 486 151 $ 637	For the Three Months Ended June 30, 2020 $ 174 142 $ 316	For the Six Months Ended June 30, 2021 $ 850 296 $ 1,146	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 351 286 $ 637

32 -

h. Employee benefit expenses

Employee benefit expenses
Post-employment benefits Defined contribution plans Defined benefit plans (Note 23) Other employee benefits Total employee benefit expenses An analysis of employee benefit expenses by function Operating costs Operating expenses	For the Three Months Ended June 30, 2021 $ 37,539 7,831 45,370 635,864 $ 681,234 $ 265,459 415,775 $ 681,234	For the Three Months Ended June 30, 2020 $ 5,864 2,868 8,732 631,657 $ 640,389 $ 228,250 412,139 $ 640,389	For the Six Months Ended June 30, 2021 $ 75,257 11,946 87,203 1,322,364 $ 1,409,567 $ 470,470 939,097 $ 1,409,567	For the Six Months Ended June 30, 2020
					$ 33,480 5,739 39,219 1,240,804 $ 1,280,023 $ 434,898 845,125 $ 1,280,023

i. Employees' compensation and remuneration of directors

According to the Company's Articles, the Company accrued employees' compensation and remuneration of directors at rates of no less than 0.5% and no higher than 0.75%, respectively, of net profit before income tax, employees' compensation, and remuneration of directors. Compensation to employees and remuneration to directors for the three and six months ended June 30, 2021 and 2020 are as follows:

Accrual rate

Compensation of employees Remuneration of directors Amount Compensation of employees Remuneration of directors	For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 1.25% 0.90% 0.55% 0.59% For the Three Months Ended June 30, 2021 For the Three Months Ended June 30, 2020 For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 $ 12,377 $ 10,869 $ 21,169 $ 17,819 $ 5,446 $ 7,118 $ 9,315 $ 11,693	For the Six Months Ended June 30, 2021	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 17,819 $ 11,693

If there is a change in the amounts after the annual consolidated financial statements were authorized for issue, the differences are recorded as a change in the accounting estimate and will be adjusted in the coming year.

Remunerations for employees and directors for 2020 and 2019 were resolved by the Board of Directors on March 22, 2021 and March 18, 2020, respectively.

Compensation of employees Remuneration of directors	2020	2019
	Cash	Cash
	$ 49,921 21,965	$ 52,013 25,073

33 -

The amounts of employee and directors' compensation distributed for the years ended December 31, 2020 and 2019 and those recognized in the consolidated financial statements are consistent.

Information on compensation to employees and remuneration to directors approved by the Board of Directors is available at the Market Observation Post System website of Taiwan Stock Exchange.

j. Profit or loss on foreign currency exchange

Foreign exchange gains Foreign exchange losses Net losses	For the Three Months Ended June 30, 2021 $ 25,218 ( 33,838) ($ 8,620)	For the Three Months Ended June 30, 2020 $ 23,321 ( 38,110) ($ 14,789)	For the Six Months Ended June 30, 2021 $ 49,095 ( 68,241) ($ 19,146)	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
	( (	( (	( (	( (	$ 44,986 52,724) $ 7,738)

27. INCOME TAX

a. Income tax recognized in profit or loss

Major components of income tax expense are as follows:

For the Three Months Ended June 30, 2021 For the Three Months Ended June 30, 2020 Current tax In respect of the current year $ 179,128 $ 269,518 Additional tax on undistributed earnings ( 203 ) 18,783 Adjustments from previous years ( 41,428) ( 11,544) 137,497 276,757 Deferred tax In respect of the current year 21,003 45,507 Income tax expenses recognized in profit or loss $ 158,500 $ 322,264 Income tax recognized in other comprehensive income For the Three Months Ended June 30, 2021 For the Three Months Ended June 30, 2020 Deferred tax Recognized for the year - Exchange differences of foreign operations ( $ 13,017 ) ( $ 33,836 ) - Unrealized gain (loss) on financial assets at FVTOCI ( 5) ( 1) Income tax recognized in other comprehensive income ($ 13,022) ($ 33,837)	For the Six Months Ended June 30, 2021 $ 381,026 120 ( 39,885) 341,261 ( 29,011) $ 312,250 For the Six Months Ended June 30, 2021 ( $ 24,414 ) ( 1) ($ 24,415)	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
		$ 477,984 18,783 ( 11,544) 485,223 ( 3,138) $ 482,085 For the Six Months Ended June 30, 2020
	( ( (	( (	$ 45,299 ) 3 $ 45,296)

b. Income tax recognized in other comprehensive income

34 -
c. Income tax assessments

The income tax returns of the Company for the year ended December 31, 2018 had been assessed by the tax authorities.

The income tax returns of Standard Dairy Products, Charng Hui, Standard Beverage, and Domex Technology for the year ended December 31, 2019 had been assessed by the tax authorities.

The income tax returns of Le Bonta Wellnessn International for the year ended December 31, 2020 had been assessed by the tax authorities.

28. EARNINGS PER SHARE EARNINGS PER SHARE

Basic earnings per share Diluted earnings per share	For the Three Months Ended June 30, 2021 $ 0.90 $ 0.90	For the Three Months Ended June 30, 2020 $ 1.07 $ 1.07	For the Six Months Ended June 30, 2021 $ 1.52 $ 1.52	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 1.75 $ 1.74

The earnings and weighted average number of ordinary shares outstanding in the computation of earnings per share were as follows:

NET PROFIT FOR THE PERIOD

Earnings used in the computation of basic and diluted earnings per share Shares Weighted average number of ordinary shares used in computation of basic earnings per share Effect of potentially dilutive ordinary shares: Compensation of employees Weighted average number of ordinary shares used in the computation of diluted earnings per share	For the Three Months Ended June 30, 2021 $ 815,590 For the Three Months Ended June 30, 2021 908,420 410 908,830	For the Three Months Ended June 30, 2020 $ 976,185 For the Three Months Ended June 30, 2020 908,420 295 908,715	For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 $ 1,380,559 $ 1,585,671 Unit: Thousand shares For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 908,420 908,420 806 736 909,226 909,156	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					908,420 736 909,156

If the Company offered to settle compensation paid to employees in cash or shares, the Company assumed the entire amount of the compensation would be settled in shares and the resulting potential shares were included in the weighted average number of shares outstanding used in the computation of diluted earnings per share, as the effect is dilutive. Such dilutive effect of the potential shares is included in the computation of diluted earnings per share until the number of shares to be distributed to employees is resolved in the following year.

35 -

29. INFORMATION ON CASH FLOWS

Changes in liabilities arising from financing activities:

For the Six Months Ended June 30, 2021

Short-term borrowings Short-term bills payable Lease liabilities Guarantee deposits Other non-current liabilities		January 1, 2021 $ 1,846,767 129,869 277,973 19,990 130 $ 2,274,729	Cash Flows $ 100,159 20,037 ( 50,260 ) 3,832 - $ 73,768	Non-cash flow Adjustment of changes in exchange rates ( $ 18,560 ) - 5,478 ( 240 ) ( 9) ($ 13,331)	June 30, 2021	June 30, 2021
						$ 1,928,366 149,906 233,191 23,582 121 $ 2,335,166

For the Six Months Ended June 30, 2020

Short-term borrowings Short-term bills payable Long-term borrowings Lease liabilities Guarantee deposits Other non-current liabilities		January 1, 2020 $ 1,382,955 99,968 6,000 347,615 20,044 2,934 $ 1,859,516	Cash Flows ( $ 349,061 ) ( 30,044 ) ( 6,000 ) ( 52,823 ) 7,051 ( 564) ($ 431,441)	Non-cash flow Adjustment of changes in exchange rates ( $ 24,083 ) - - 4,703 ( 397 ) 16 ($ 19,761)	June 30, 2020	June 30, 2020
						$ 1,009,811 69,924 - 299,495 26,698 2,386 $ 1,408,314

30. CAPITAL RISK MANAGEMENT

The Group's capital management objective is to ensure financial resources are available and operating plans are in place for working capital, capital expenditures, research and development expenses, repay liabilities and dividend disbursement, etc. in the next 12 months. The Group manages its capital to ensure that entities in the Group will be able to continue as going concerns while maximizing the return to shareholders through the optimization of debt and equity balance.

36 -

31. FINANCIAL INSTRUMENTS

a. Fair value of financial instruments that are measured at fair value on a recurring basis

1) Fair value hierarchy

June 30, 2021

Financial assets at FVTPL Listed shares Unlisted shares Mutual fund beneficiary certification Debt securities Total Financial assets at FVTOCI Investments in equity instruments Listed shares Unlisted shares December 31, 2020 Financial assets at FVTPL Listed shares Unlisted shares Mutual fund beneficiary certification Debt securities Total Financial assets at FVTOCI Investments in equity instruments Listed shares Unlisted shares		Level 1 $ 4,348 - 2,635,870 - $ 2,640,218 $ 407,068 - $ 407,068 Level 1 $ 4,434 - 1,461,304 - $ 1,465,738 $ 311,908 - $ 311,908		Level 2 $ - - - 28,409 $ 28,409 $ - - $ - Level 2 $ - - - 29,032 $ 29,032 $ - - $ -		Level 3 $ - 6,284 - - $ 6,284 $ - 301,677 $ 301,677 Level 3 $ - 6,232 - - $ 6,232 $ - 204,755 $ 204,755		Total
								$ 4,348 6,284 2,635,870 28,409 $ 2,674,911 $ 407,068 301,677 $ 708,745 Total
								$ 4,434 6,232 1,461,304 29,032 $ 1,501,002 $ 311,908 204,755 $ 516,663

December 31, 2020

June 30, 2020

Financial assets at FVTPL Unlisted shares Mutual fund beneficiary certification Debt securities Total Financial assets at FVTOCI Investments in equity instruments Listed shares Unlisted shares		Level 1 $ - 1,483,675 - $ 1,483,675 $ 231,697 - $ 231,697		Level 2 $ - - 30,190 $ 30,190 $ - - $ -		Level 3 $ 6,200 - - $ 6,200 $ - 129,704 $ 129,704		Total
								$ 6,200 1,483,675 30,190 $ 1,520,065 $ 231,697 129,704 $ 361,401

For the six months ended June 30, 2021 and 2020, there was no transfer between Level 1 and Level 2 fair value measurement.

37 -
2) Reconciliation of financial instruments at Level 3 fair value measurement

For the Six Months Ended June 30, 2021

Financial assets Balance as of January 1 Recognized in profit or loss (included in other gains and losses) Recognized in other comprehensive income (included in unrealized gain (loss) on financial assets at FVTOCI) Impact of exchange rates Balance as of June 30 Recognized in other gains and losses - unrealized	Financial assets at FVTPL Equity instruments $ 6,232 52 - - $ 6,284 $ 52	Financial assets at FVTOCI Equity instruments $ 204,755 - 96,948 ( 26) $ 301,677 $ -		Total

		(	(	$ 210,987 52 96,948 26) $ 307,961 $ 52

For the Six Months Ended June 30, 2020

Financial assets Balance as of January 1 Recognized in profit or loss (included in other gains and losses) Recognized in other comprehensive income (included in unrealized gain (loss) on financial assets at FVTOCI) Impact of exchange rates Balance as of June 30 Recognized in other gains and losses - unrealized	Financial assets at FVTPL Equity instruments $ 7,575 ( 1,375 ) - - $ 6,200 ($ 1,375)	Financial assets at FVTOCI Equity instruments $ 124,055 - 5,673 ( 24) $ 129,704 $ -		Total

	( (	(	( ( (	$ 131,630 1,375 ) 5,673 24) $ 135,904 $ 1,375)

3) Valuation techniques and inputs applied for Level 2 fair value measurement

Financial Instrument Valuation Technique and Inputs Debt securities Discounted cash flow: Future cash flows are discounted at a rate that reflects current borrowing interest rates of the bond issuers at the end of the reporting period.

4) Valuation techniques and inputs applied for Level 3 fair value measurement

The valuation techniques of unlisted shares with no active market are mostly the market and asset valuation methods.

38 -

The market method takes into account the market prices and status of object similar to the investment objects to measure the latter's fair value.

The asset method mainly takes into account the investment objects' net asset values for fair value measurement.

b. Categories of financial instruments

Financial assets Financial assets at FVTPL Mandatorily classified as at FVTPL Financial assets at amortized cost (Note 1) Financial assets at FVTOCI Investments in equity instruments Financial liabilities Financial liabilities at amortized cost (Note 2)	June 30, 2021 $ 2,674,911 10,531,761 708,745 6,207,693	December 31, 2020 $ 1,501,002 12,652,479 516,663 4,304,650	June 30, 2020
			$ 1,520,065 11,186,668 361,401 5,477,343

Note 1. The balance includes financial assets measured at amortized cost, such as cash and cash equivalents, debt instrument investments, note receivables, account receivables, other receivables, and other financial assets.
Note 2. The balance includes short-term borrowings, short-term bills payable, note payable, trade payables and other financial liabilities, which are financial liabilities measured at amortized cost.
c. Financial risk management objectives and policies

The Group's major financial instruments include cash and cash equivalents, equity and debt investments, mutual funds, trade receivables, trade payables, and borrowings. The Group's Financial Department provides services to the business, coordinates access to financial markets, monitors and manages the financial risks relating to the operations of the Group through internal risk reports which analyze exposures by degree and magnitude of risks. These risks include market risk (including foreign currency risk, interest rate risk, and other price risk), credit risk and liquidity risk.

1) Market risk

The Group's activities exposed it primarily to the financial risks of changes in foreign currency exchange rates (see (1) below) and interest rates (see (2) below).

a) Foreign currency risk

The Group has monetary assets and monetary liabilities denominated in currencies other than the functional currency, which exposes it to foreign currency risk. The Group monitors exchange rate fluctuations and takes appropriate actions to manage the exchange rate risk.

39 -

For the monetary assets and liabilities of the Group denominated in non-functional currencies on the balance sheet date (including those written off in the consolidated financial statements), refer to Note 35.

Sensitivity analysis

The Group is mainly exposed to the fluctuation of RMB, USD, EUR, AUD, and CHF.

The following table details the Group's sensitivity to a 3% increase or decrease in the functional currency against the relevant foreign currencies. A change of 3% is the sensitivity rate used when reporting foreign currency risk internally to key management personnel and represents management's assessment of the reasonably possible change in foreign exchange rates. The sensitivity analysis used the outstanding foreign-currency denominated monetary items at the end of the reporting period and assumed the exchange rates at the end of the reporting period changed by 3%. The amount below indicates an increase (decrease) in pre-tax profit associated with the functional currency weakening by 3% against the relevant currency. For a 3% strengthening of the functional currency against the relevant currency, there would be an equal and opposite impact on pre-tax profit and the balances below would be negative.

RMB Impact For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 $28,575(i) $20,806(i) EUR Impact For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 ($ 474)(iii) $ 763(iii) CHF Impact For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 $ 387(v) $ 2,112(v)	USD Impact	USD Impact
	For the Six Months Ended June 30, 2021 For the Six Months Ended June 30, 2020 $ 766(ii) $18,681(ii) AUD Impact	For the Six Months Ended June 30, 2020
	For the Six Months Ended June 30, 2021 $ 1,661(iv)	For the Six Months Ended June 30, 2020
		($ 267)(iv)
For the Six Months Ended June 30, 2021 $ 387(v)

i. This was mainly derived from the outstanding RMB-denominated bank deposits which were not hedged at the end of the reporting period.
ii. This was mainly derived from the outstanding USD-denominated bank deposits, receivables and payables which were not hedged at the end of the reporting period.
iii. This was mainly derived from the outstanding EUR-denominated bank deposits and payables which were not hedged at the end of the reporting period.
iv. This was mainly derived from the outstanding AUD-denominated bank deposits and receivables which were not hedged at the end of the reporting period.
40 -
v. This was mainly derived from the outstanding CHF-denominated bank deposits and payables which were not hedged at the end of the reporting period.
b) Interest rate risk

The Group was exposed to interest rate risk because entities in the Group borrowed funds at both fixed and floating interest rates. The Group pays attention to the fluctuations of interest rates in the market, and takes appropriate actions to manage the interest rate risk.

The carrying amounts of the Group's financial assets and financial liabilities with exposure to interest rate risk at the end of the reporting periods were as follows.

Fair value interest rate risk Financial assets Financial liabilities Cash flow interest rate risk Financial assets Financial liabilities	June 30, 2021 $ 2,558,981 2,195,463 929,900 116,000	December 31, 2020 $ 1,136,118 2,147,609 694,200 107,000	June 30, 2020
			$ 1,950,646 1,344,230 1,094,200 35,000

Sensitivity analysis

The sensitivity analyses below were determined based on the Group's exposure to interest rate risk for non-derivative instruments at the end of the reporting period. For floating rate assets and liabilities, the analysis was prepared by assuming that the amount of the asset and liability outstanding at the end of the reporting period was outstanding for the reporting period. A 1% basis point increase or decrease was used when reporting interest rate risk internally to key management personnel and represents management's assessment of the reasonably possible change in interest rates

If the interest rate increases by 1% and all other variables remain unchanged, the Group’s pre-tax profit for the six months period ended June 30, 2021 and 2020 would increase (decrease) by NT$4,070 thousand and NT$5,296 thousand, respectively; if the interest rate decreases by 1%, its impact on the pre-tax profit will be the negative of the same amount.

c) Other price risk

The Group was exposed to equity price risk due to its investments in listed equity securities and mutual funds. The Group has appointed designated personnel to monitor the price risk and will consider hedging the risk exposure should the need arise.

Sensitivity analysis

The sensitivity analyses below were determined based on the exposure to equity price risks at the end of the reporting period.

41 -

For the six months ended June 30, 2021, if prices rise/fall by 1%, the pre-tax income would increase/decrease by NT$26,749 thousand due to the increase/decrease in the fair value of financial assets measured at fair value through profit or loss, while the pre-tax other comprehensive income for the six months ended June 30, 2021 would increase/decrease by NT$7,087 thousand due to the increase/decrease in the fair value of financial assets measured at fair value through other comprehensive income.

If equity prices had been 1% higher/lower, pre-tax profit for the six months period ended June 30, 2020 would have increased/decreased by $15,201 thousand, as a result of the changes in fair value of financial assets at FVTPL, and the pre-tax other comprehensive income for the six months ended June 30, 2020 would have increased/decreased by $3,614 thousand, as a result of the changes in fair value of financial assets at FVTOCI.

2) Credit risk

Credit risk refers to the risk that the counterparty will default on its contractual obligations resulting in financial loss to the Group. As of the end of the reporting period, the Group's maximum exposure to credit risk (the maximum irrevocable amount exposed at risk), which will cause a financial loss to the Group due to failure of counterparties to discharge an obligation (without considering collaterals or other credit enhancement tools) was the carrying amount of financial assets recognized in the consolidated balance sheets.

The accounts receivable cover a number of customers in different industries and geographical areas. The Group continuously evaluates the collateral and financial status obtained by accounts receivable customers.

3) Liquidity risk

The Group manages liquidity risk by monitoring and maintaining a level of cash and cash equivalents deemed adequate to finance the Group's operations and mitigate the effects of fluctuations in cash flows. In addition, the Group's management monitors the utilization of bank borrowings and ensures compliance with loan covenants.

The Group relies on bank borrowings as a significant source of liquidity. As of June 30, 2021, December 31, 2020, and June 30, 2020, the Group has available bank loan facilities in the amounts of NT$5,035,130 thousand, NT$5,296,868 thousand, and NT$5,062,532 thousand, respectively.

Liquidity and interest rate risk table for non-derivative financial liabilities

The following table details the Group's remaining contractual maturity for its non-derivative financial liabilities with agreed repayment periods. The table had been drawn up based on the undiscounted cash flows of financial liabilities from the earliest date on which the Group may be required to pay. The table included both interest and principal cash flows. As a result, bank loans of the Group that are repayable on demand are included in the earliest period presented regardless of the probability of the banks exercising their right immediately. The maturity analysis for other non-derivative financial liabilities is prepared based on the agreed repayment dates.

42 -

June 30, 2021

Non-derivative financial liabilities Non-interest bearing Lease liabilities Variable interest rate liabilities Fixed interest rate liabilities Contract liabilities December 31, 2020 Non-derivative financial liabilities Non-interest bearing Lease liabilities Variable interest rate liabilities Fixed interest rate liabilities Contract liabilities June 30, 2020 Non-derivative financial liabilities Non-interest bearing Lease liabilities Variable interest rate liabilities Fixed interest rate liabilities Contract liabilities	On Demand or Less than 1 Month $ 579,425 5,418 15,004 1,136,421 56,693 $ 1,792,961 On Demand or Less than 1 Month $ 741,613 23,864 - 721,695 249,348 $ 1,736,520 On Demand or Less than 1 Month $ 619,402 5,651 - 868,871 74,832 $ 1,568,756		1-3 Months $ 3,479,504 13,371 41,012 566,357 113,386 $ 4,213,630 1-3 Months $ 1,498,132 12,939 33,911 961,677 498,696 $ 3,005,355 1-3 Months $ 3,689,779 14,368 - 177,013 149,663 $ 4,030,823	3 Months to 1 Year $ 46,760 63,718 60,006 264,124 - $ 434,608 3 Months to 1 Year $ 66,711 47,976 73,126 193,263 - $ 381,076 3 Months to 1 Year $ 59,820 68,246 35,002 - - $ 163,068		1-5 Years
						$ 23,582 165,697 - - - $ 189,279 1-5 Years
						$ 19,990 212,012 - - - $ 232,002 1-5 Years
						$ 26,698 233,840 - - - $ 260,538

The amounts included above for variable interest rate instruments of non-derivative financial liabilities were subject to change if variable interest rates differ from those estimates of interest rates determined at the end of the reporting period.

43 -

32. RELATED PARTY TRANSACTIONS

Transactions, balances, income and expenses between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed in this note. Besides as disclosed elsewhere in other notes, details of transactions between the Group and other related parties are disclosed below.

a. Related parties and relationships

Name of Related Party

GeneFerm Biotechnology Co., Ltd. (GeneFerm)

Relationship with the Group

The Company is one of the directors

b. Sales of goods

Related Party Category The Company is one of the directors	For the Three Months Ended June 30, 2021 $ 4,825	For the Three Months Ended June 30, 2020 $ 1,523	For the Six Months Ended June 30, 2021 $ 11,056	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 6,582

Sales from related parties were conducted on normal commercial terms.

c. Purchases of goods

Related Party Category The Company is one of the directors	For the Three Months Ended June 30, 2021 $ 13,947	For the Three Months Ended June 30, 2020 $ 13,437	For the Six Months Ended June 30, 2021 $ 36,386	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 34,942

Purchases from related parties were conducted on normal commercial terms.

d. Receivables from related parties

Line Item Trade receivables from related parties	Name of Related Party GeneFerm	June 30, 2021 $ 7,467	December 31, 2020 $ 9,011	June 30, 2020	June 30, 2020
					$ 1,648

The outstanding receivables from related parties were unsecured. No loss allowances were set aside for receivables from related parties for the three months ended June 30, 2021 and 2020.

e. Payables to related parties

Line Item Trade payables to related parties	Name of Related Party GeneFerm	June 30, 2021 $ 13,394	December 31, 2020 $ 20,526	June 30, 2020	June 30, 2020
					$ 12,859

The outstanding payables to related parties were unsecured.

44 -
f. Compensation of key management personnel

Short-term employee benefits Post-employment benefits	For the Three Months Ended June 30, 2021 $ 11,165 61 $ 11,226	For the Three Months Ended June 30, 2020 $ 9,723 69 $ 9,792	For the Six Months Ended June 30, 2021 $ 17,624 120 $ 17,744	For the Six Months Ended June 30, 2020	For the Six Months Ended June 30, 2020
					$ 23,403 186 $ 23,589

The remuneration of directors and key executives was determined by the Remuneration Committee based on the performance of individuals and market trends.

33. PLEDGED ASSETS

The following assets were provided as collateral for bank borrowings, issuance of bank acceptances, performance guaranty, and bond for customs clearance:

Pledge time deposits (included in other current assets) Pledge time deposits (included in other non-current assets) Property, plant and equipment - net Investment properties - net	June 30, 2021 $ 4,016 - 107,774 35,848 $ 147,638	December 31, 2020 $ 4,016 - 121,362 55,122 $ 180,500	June 30, 2020	June 30, 2020
				$ 4,013 83,706 129,346 56,015 $ 273,080

34. SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNIZED CONTRACT COMMITMENTS

Except for those disclosed in other notes, significant commitments and contingencies of the Group on June 30, 2021 are as follows:

a. The Company has entered into a license agreement with The Quaker Oats Company (Quaker) for a period ending July 11, 2034. The agreement provides that the Company may use Quaker's trademark, and process, manufacture, market, and sell Quaker baby cereal, oatmeal, fruit cereal, ready-to-eat cereal, sesame paste, milk powder, and other cereal products in the ROC. In consideration of the above, the Company shall pay Quaker royalties at an agreed percentage of net sales (as defined).
b. Unused letters of credit of approximately US$1,480 thousand.
c. Unrecognized commitments for acquisition of property, plant and equipment of approximately $935,739 thousand.
d. Unrecognized commitments for acquiring colostrum from dairymen were approximately 22,294 tons.
45 -

35. INFORMATION ON FOREIGN CURRENCY-DENOMINATED ASSETS AND LIABILITIES OF SIGNIFICANT INFLUENCE

The following information is aggregated in foreign currencies other than the functional currency of the Group. The exchange rate disclosed is the exchange rate of the foreign currency into the functional currency. Foreign currency assets and liabilities with significant influences are as follows:

June 30, 2021

Financial assets Monetary items USD USD EUR RMB AUD CHF CHF Financial liabilities Monetary items USD EUR CHF	Foreign Currencies $ 6,869 1,213 263 221,052 2,644 1,030 326 7,164 741 929	Exchange Rate 27.86 (USD:NTD) 6.46 (USD:RMB) 33.15 (EUR:NTD) 4.31 (RMB:NTD) 20.94 (AUD:NTD) 30.20 (CHF:NTD) 7.01 (CHF:RMB) 27.86 (USD:NTD) 33.15 (EUR:NTD) 7.01 (CHF:RMB)	Carrying Amount	Carrying Amount
				$ 191,368 33,762 8,733 952,513 55,357 31,104 9,852 $ 1,282,689 $ 199,593 24,549 28,045 $ 252,187

December 31, 2020

Financial assets Monetary items USD USD RMB AUD CHF CHF Financial liabilities Monetary items USD CHF	Foreign Currencies $ 12,230 2,785 206,642 1,576 1,450 754 2,294 1,086	Exchange Rate 28.48 (USD:NTD) 6.52 (USD:RMB) 4.38 (RMB:NTD) 21.95 (AUD:NTD) 32.31 (CHF:NTD) 7.38 (CHF:RMB) 28.48 (USD:NTD) 7.38 (CHF:RMB)	Carrying Amount	Carrying Amount
				$ 348,298 79,539 904,473 34,585 46,842 24,355 $ 1,438,092 $ 65,335 35,089 $ 100,424

46 -

June 30, 2020

Financial assets Monetary items USD USD EUR RMB CHF CHF Financial liabilities Monetary items USD AUD	Foreign Currencies $ 17,494 4,656 765 165,481 1,450 812 1,141 438	Exchange Rate 29.63 (USD:NTD) 7.08 (USD:RMB) 33.27 (EUR:NTD) 4.19 (RMB:NTD) 31.12 (CHF:NTD) 7.42 (CHF:RMB) 29.63 (USD:NTD) 20.34 (AUD:NTD)	Carrying Amount	Carrying Amount
				$ 518,340 138,144 25,440 693,530 45,117 25,278 $ 1,445,849 $ 33,800 8,914 $ 42,714

The Group is mainly exposed to RMB and USD. The following information was aggregated by the foreign functional currencies of the group entities, and the exchange rates between respective functional currencies and the presentation currency were disclosed. The significant realized and unrealized foreign exchange gains (losses) were as follows:

For the Three Months Ended June 30, 2021 For the Three Months Ended June 30, 2020

Functional Currencies NTD RMB CHF Functional Currencies NTD RMB CHF	Exchange Rate Net Foreign Exchange Gains (Losses) 1 (NTD:NTD) ( $ 7,110 ) 4.33 (RMB:NTD) ( 1,342 ) 30.71 (CHF:NTD) ( 168) ($ 8,620) For the Six Months Ended June 30, 2021 Exchange Rate Net Foreign Exchange Gains (Losses) 1 (NTD:NTD) ( $ 19,469 ) 4.35 (RMB:NTD) 488 31.03 (CHF:NTD) ( 165) ($ 19,146)	Exchange Rate Net Foreign Exchange Gains (Losses) 1 (NTD:NTD) ( $ 7,110 ) 4.33 (RMB:NTD) ( 1,342 ) 30.71 (CHF:NTD) ( 168) ($ 8,620) For the Six Months Ended June 30, 2021 Exchange Rate Net Foreign Exchange Gains (Losses) 1 (NTD:NTD) ( $ 19,469 ) 4.35 (RMB:NTD) 488 31.03 (CHF:NTD) ( 165) ($ 19,146)	Exchange Rate Net Foreign Exchange Gains (Losses) 1 (NTD:NTD) ( $ 14,780 ) 4.21 (RMB:NTD) ( 19 ) 30.99 (CHF:NTD) 10 ($ 14,789) For the Six Months Ended June 30, 2020		Net Foreign Exchange Gains (Losses)
	Exchange Rate 1 (NTD:NTD) 4.35 (RMB:NTD) 31.03 (CHF:NTD)		Exchange Rate 1 (NTD:NTD) 4.26 (RMB:NTD) 31.05 (CHF:NTD)		Net Foreign Exchange Gains (Losses)
		( ( (		( (	$ 9,967 ) 2,221 8 $ 7,738)

36. Supplementary Disclosures

a. Information on Significant Transactions
1) Financing provided to others: Table 1.
2) Endorsements/guarantees provided to others: Table 2.
3) Marketable securities held (excluding investments in subsidiaries): Table 3.
4) Marketable securities acquired and disposed of at costs or prices of at least NT$300 million or 20% of the paid-in capital: None.
47 -
5) Acquisition of individual real estate at costs of at least NT$300 million or 20% of the paid-in capital: None.
6) Disposal of individual real estate at prices of at least NT$300 million or 20% of the paid-in capital: None.
7) Total purchases from or sales to related parties amounting to at least NT$100 million or 20% of the paid-in capital: Table 4.
8) Receivables from related parties amounting to at least NT$100 million or 20% of the paid-in capital: Table 5.
9) Trading in derivative instruments: None.
10) Others: Intercompany relationships and significant intercompany transactions: Table 6.
b. Information on reinvestments (excluding investees in Mainland China): Table 7.
c. Information on investments in mainland China
1) The name of the investee in mainland China, the main businesses and products, its issued capital, the method of investment, information on inflow or outflow of capital, percentage of ownership, investment income (losses), ending balance of investment, amount repatriated as dividends from the investee, and the limit of investment on investee: Table 8.
2) Significant direct or indirect (through a third region) transactions with the investee, its prices and terms of payment, unrealized gain or loss: None.
d. Information of major shareholders: List all shareholders with ownership of 5% or greater, showing the name of the shareholder, the number of shares owned, and percentage of ownership of each shareholder. (Table 9)

37. SEGMENT INFORMATION

Information reported to the chief operating decision maker for the purpose of resource allocation and assessment of segment performance focuses on types of corporation. Accordingly, the Group's reportable segments were as follows:

Standard Foods segment - the Company
Standard Dairy Products segment - Standard Dairy Products
China Standard segment - Shanghai Standard, China Standard Investment, China Standard Foods, and Xiamen Standard
Other segments - other than the above subsidiaries
48 -

The following was an analysis of the Group's revenue and results from continuing operations by reportable segments:

For the Six Months Ended June 30, 2021 Sales from external customers Sales among intersegments Total sales Interest income Financial cost Depreciation expenses Amortization expenses Operating segment income (loss) Unallocated amount PROFIT BEFORE INCOME TAX For the Six Months Ended June 30, 2020 Sales from external customers Sales among intersegments Total sales Interest income Financial cost Depreciation expenses Amortization expenses Operating segment income (loss) Unallocated amount PROFIT BEFORE INCOME TAX	S	tandard Foods Segment	S	tandard Dairy Products Segment	C	hina Standard Segment	O	ther Segments		Adjustments and Eliminations		Total
		$ 5,816,476 637,649 $ 6,454,125 $ 7,694 $ 229 $ 111,987 $ 6,731 $ 1,530,261 $ 5,816,761 689,333 $ 6,506,094 $ 12,622 $ 501 $ 112,912 $ 3,580 $ 1,506,551		$ 1,165,366 390,294 $ 1,555,660 $ 1,527 $ 17 $ 24,951 $ 2,622 $ 268,004 $ 1,274,472 401,269 $ 1,675,741 $ 4,470 $ 10 $ 24,402 $ 1,515 $ 242,436	(	$ 6,858,491 494 $ 6,858,985 $ 55,370 $ 24,517 $ 118,358 $ 22,317 $ 145,358) $ 6,651,976 170 $ 6,652,146 $ 47,072 $ 28,612 $ 117,021 $ 17,532 $ 352,457	(	$ 1,836,174 1,808 $ 1,837,982 $ 1,773 $ 5,891 $ 47,249 $ 7,082 $ 11,844 $ 880,860 6,152 $ 887,012 $ 5,659 $ 5,071 $ 42,257 $ 5,399 $ 27,080)	( ( ( ( ( ( ( ( ( (	$ - 1,030,245) $ 1,030,245) $ 4,675) $ 4,675) $ 1,800) $ - $ 41,361 $ - 1,096,924) $ 1,096,924) $ 2,877) $ 2,877) $ 1,759) $ - $ 788		$ 15,676,507 - $ 15,676,507 $ 61,689 $ 25,979 $ 300,745 $ 38,752 $ 1,706,112 - $ 1,706,112 $ 14,624,069 - $ 14,624,069 $ 66,946 $ 31,317 $ 294,833 $ 28,026 $ 2,075,152 - $ 2,075,152

49 -

TABLE 1

STANDARD FOODS CORPORATION AND SUBSIDIARIES

FINANCING PROVIDED TO OTHERS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (In Thousands of New Taiwan Dollars)

No. (Note 1)	Lender	Borrower	Financial Statement Account	Related Parties	Highest Balance for the Period	Balance as of June 30	Amount Actually Drawn	Interest Rate	Nature of Financing (Note 2)	Business Transaction Amounts	Reasons for Short-term Financing	Allowance for Bad Debts	Collateral	Collateral	Financing Limit for Each Borrowing Company	Financing Amount Limit	Note
													Name	Value
0 0 0 0 1 1 1 1 2 2 3 4 5	Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Investment (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Investment (China) Co., Ltd. Shanghai Standard Foods Co., Ltd. Shanghai Standard Foods Co., Ltd. Shanghai Le Ben De Health Technology Co., Ltd. Shanghai Le Ho Industrial Co., Ltd. Shanghai Le Min Industrial Co.,Ltd.	Dermalab S.A. Standard Foods (China) Co., Ltd. Standard Foods (Xiamen) Co., Ltd. Standard Beverage Company Ltd. Shanghai Dermalab Corporation Le Bonta Wellness Co., Ltd. Standard Foods (Xiamen) Co., Ltd. Standard Foods (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Foods (Xiamen) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Investment (China) Co., Ltd.	Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties Financing receivables - related parties	Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes	$ 63,578 350,984 651,045 50,000 175,492 175,492 526,476 438,730 614,222 460,667 10,968 8,775 8,775	$ 18,117 215,630 646,890 50,000 172,504 172,504 517,512 431,260 603,764 452,823 10,782 8,625 8,625	$ 18,117 - - 20,500 55,348 81,107 513,312 430,837 43,557 452,823 10,782 6,866 5,895	1.000% 1.000% 1.000% 0.950% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000% 1.000%	2 2 2 2 2 2 2 2 2 2 2 2 2	$ - - - - - - - - - - - - -	Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation Need for operation	$ - - - - - - - - - - - - -	- - - - - - - - - - - - -	$ - - - - - - - - - - - - -	$ 7,324,264 (Note 3) 3,662,132 (Note 4) 3,662,132 (Note 4) 7,324,264 (Note 3) 1,871,014 (Note 6) 1,871,014 (Note 6) 1,871,014 (Note 6) 1,871,014 (Note 6) 1,294,000 (Note 7) 1,294,000 (Note 7) 11,909 (Note 8) 194,778 (Note 9) 121,599 (Note 10)	$ 7,324,264 (Note 3) 7,324,264 (Note 5) 7,324,264 (Note 5) 7,324,264 (Note 3) 1,871,014 (Note 6) 1,871,014 (Note 6) 1,871,014 (Note 6) 1,871,014 (Note 6) 1,294,000 (Note 7) 1,294,000 (Note 7) 11,909 (Note 8) 194,778 (Note 9) 121,599 (Note 10)	Note 11 Note 11 Note 11 Note 11 Note 11 Note 11 Note 11 Note 11 Note 11 Note 11 Note 11 Note 11 Note 11

Note 1. "0" for the Company. Subsidiaries are numbered in order from "1."

50 -

Note 2. Reasons for financing are as follows:

a. Please fill in 1 for having business transactions.
b. Please fill in 2 for short-term financing.
Note 3. The individual and total amount shall not exceed 40% of net value of Standard Foods Co., Ltd per the latest financial statements, which was calculated to be $7,324,264 thousand (the net value per financial statements of $18,310,660 thousand x 40% as of March 31, 2021).
Note 4. The individual and total amount shall not exceed 20% of net value of Standard Foods Co., Ltd per the latest financial statements, which was calculated to be $3,662,132 thousand (the net value per financial statements of $18,310,660 thousand x 20% as of March 31, 2021).
Note 5. The individual and total amount shall not exceed 40% of net value of Standard Foods Co., Ltd per the latest financial statements, which was calculated to be $7,324,264 thousand (the net value per financial statements of $18,310,660 thousand x 40% as of March 31, 2021).
Note 6. The individual and total amount shall not exceed 40% of net value of Standard Investment (China) Co., Ltd. per the latest financial statements, which was calculated to be $1,871,014 thousand (the net value per financial statements of $4,677,534 thousand x 40% as of March 31, 2021).
Note 7. The individual and total amount shall not exceed 40% of the net value of Shanghai Standard Foods Co., Ltd. per the latest financial statements, which was calculated to be NT$1,294,000 thousand (the net value per financial statements of $3,235,000 thousand x 40% as of March 31, 2021).
Note 8. The individual and total amount shall not exceed 40% of net value of Shanghai Le Ben De Health Technology Co., Ltd. per the latest financial statements, which was calculated to be $11,909 thousand (the net value per financial statements of $29,773 thousand x 40% as of March 31, 2021).
Note 9. The individual and total amount shall not exceed 40% of net value of Shanghai Le Ho Industrial Co., Ltd. per the latest financial statements, which was calculated to be $194,778 thousand (the net value per financial statements of $486,945 thousand x 40% as of March 31, 2021).
Note 10.The individual and total amount shall not exceed 40% of net value of Standard Investment (China) CO., Ltd. per the latest financial statements, which was calculated to be $121,599 thousand (the net value per financial statements of $303,997 thousand x 40% as of March 31, 2021).

Note 11.When the Consolidated Financial Statements are prepared, the amounts have been offset in a consolidated manner.

51 -

TABLE 2

STANDARD FOODS CORPORATION AND SUBSIDIARIES

ENDORSEMENTS/GUARANTEES PROVIDED FOR THE SIX MONTHS ENDED JUNE 30, 2021 (IN THOUSANDS OF NEW TAIWAN DOLLARS)

No. (Note 1)	Endorsement/ Guarantee Provider	Guaranteed Party	Guaranteed Party	Endorse to single entity Balance on guarantee	Maximum Balance for the Period	Ending Balance	Amount Actually Drawn	Amount of Endorsement/ Guarantee Collateralized by Properties	Ratio of Accumulated Endorsement/ Guarantee to Net Equity Per Latest Financial Statements	Maximum Endorsement/ Guarantee Amount	Guarantee Provided by Parent Company (Note 5)	Guarantee Provided by Subsidiary (Note 5)	Guarantee Provided to Subsidiaries in Mainland China (Note 5)	Note
		Name	Nature of Relations hips (Note 2)
0	Standard Foods Corporation	Standard Beverage Company Ltd.	(2)	$ 14,648,528 (Note 3)	$ 145,605	$ 143,580	$ -	$ -	0.78%	$ 18,310,660 (Note 4)	Y	-	-

Note 1. "0" for the Company. Subsidiaries are numbered in order from "1."

Note 2. There are seven types of relationships between the guaranteed party and the Company:

a. Trading partner.
b. The company in which the Company holds, directly or indirectly, more than fifty percent (50%) of the voting shares.
c. The company that holds, directly or indirectly, more than fifty percent (50%) of the Company's voting shares.
d. The company in which the Company holds, directly or indirectly, more than fifty percent (90%) of the voting shares.
e. Guaranteed by construction contracts formed due to the need of construction projects, in which the companies in the same industry or joint builders provide endorsement/guarantee to one another.
f. The guarantees were provided by shareholders based on their proportionate share in a jointly invested company.
g. Companies in the same industry provided among themselves joint and several securities for a performance guarantee of a sales contract for pre-construction homes pursuant to the Consumer Protection Act for each other.
Note 3. The individual and total amount shall not exceed 80% of net value of Standard Foods Co., Ltd. per the latest financial statements, which was calculated to be $14,648,528 thousand (the net value per financial statements of $18,310,660 thousand x 80% as of March 31, 2021).
Note 4. The individual and total amount shall not exceed 100% of net value of Standard Foods Co., Ltd. per the latest financial statements, which was calculated to be $18,310,660 thousand (the net value per financial statements of $18,310,660 thousand x 100% as of March 31, 2021).

Note 5. Fill in Y if a listed parent company provides endorsements/guarantees for its subsidiary or if a subsidiary provides endorsements/guarantees for its listed parent company or if endorsements/guarantees involve mainland China.

52 -

TABLE 3

STANDARD FOODS CORPORATION AND SUBSIDIARIES

MARKETABLE SECURITIES HELD (EXCLUDING INVESTMENTS IN SUBSIDIARIES) JUNE 30, 2021

(IN THOUSANDS OF NEW TAIWAN DOLLARS)

Holding Company Name	Type of Marketable Securities	Name of Marketable Securities	Relationship with the Holding Company	Financial Statement Account		End of the Period	End of the Period		Note
					Shares	Carrying Amount	Percentage of Ownership	Fair Value
Standard Foods Corporation	Shares Shares Shares Shares Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Debt securities Shares Shares	Far Eastern International Commercial Bank Co., Ltd. Chunghwa Telecom Co., Ltd. GeneFerm Biotechnology Co., Ltd. Dah Chung Bills Finance Corp. Mega Diamond Money Market Jih Sun Money Market Fund Taishin 1699 Money Market Fund Taishin Ta-Chong Money Market Fund FSITC Taiwan Money Market Fund Hua Nan Phoenix Money Market Fund President Hang Seng TECH Index ETN Cathay Taiwan Money Market Fund Cathay China Domestic Demand Growth Fund Cathay Target Date 2029 Fund of Funds Cathay Glb Aggressive FOFs CODEIS Smart Cash Note Techgains Pan-Pacific Corporation Authenex, Inc.	The Company is one of the directors	Financial assets at FVTOCI - current Financial assets at FVTOCI - current Financial assets at FVTOCI - non-current Financial assets at FVTOCI - non-current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current	1,416,950 48,600 2,145,110 1,243,213 12,512,356 4,019,723 24,922,335 16,751,969 48,528,892 9,149,689 5,900,000 8,216,248 3,585,869 4,720,915 2,284,844 10,000 500,000 2,424,242	$ 15,020 5,540 77,867 16,100 158,480 60,180 340,526 240,163 749,985 150,090 59,944 103,095 124,107 59,079 61,462 28,409 - -	- - 7.7% 0.3% - - - - - - - - - - - - 0.9% 5.5%	$ 15,020 5,540 77,867 16,100 158,480 60,180 340,526 240,163 749,985 150,090 59,944 103,095 124,107 59,079 61,462 28,409 - -

(Continued)

53 -

(Continued from the previous page)

Holding Company Name	Type of Marketable Securities	Name of Marketable Securities	Relationship with the Holding Company	Financial Statement Account		End of the Period	End of the Period		Note
					Shares	Carrying Amount	Percentage of Ownership	Fair Value
Standard Dairy Products Taiwan Ltd. Charng Hui Ltd.	Shares Shares Shares Shares Shares Shares Shares Shares Shares Shares Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Mutual funds Shares Shares Shares Shares	Paradigm Venture Capital Corporation U-Teck Environment Corporation, Ltd. Octamer, Inc. - Series E Preferred Stock Octamer, Inc. - Series F Preferred Stock Fortemedia, Inc. - Series D Preferred Stock Fortemedia, Inc. - Series E Preferred Stock Fortemedia, Inc. - Series F Preferred Stock Fortemedia, Inc. - Series G Preferred Stock Fortemedia, Inc. - Series I Preferred Stock Fortemedia, Inc. - Common Stock Mega Diamond Money Market Fund Jih Sun Money Market Fund Taishin 1699 Money Market Fund FSITC Taiwan Money Market Fund Cathay China Domestic Demand Growth Fund Cathay Target Date 2029 Fund of Funds Cathay Glb Aggressive FOFs Standard Foods Corporation Formosa Plastics Corporation China Steel Corporation Polytronics Technology Corporation	Parent of Charng Hui Ltd. Charng Hui Ltd. is one of the directors	Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTOCI - current Financial assets at FVTOCI - current Financial assets at FVTOCI - current Financial assets at FVTOCI - current	180,376 11,200 800,000 107,815 3,455 71,397 29,173 31,135 29,102 12,938 3,963,725 5,866,056 5,573,526 6,384,086 1,195,290 786,819 761,615 6,669,471 91,440 803,258 1,596,000	$ 1,946 - - - - - - - - - 50,204 87,822 76,154 98,662 41,369 9,846 20,488 360,818 9,418 31,809 213,864	7.0% 0.2% 7.8% 1.0% 1.2% 1.2% 1.2% 1.3% 1.3% 1.2% - - - - - - - 0.7% - - 2.0%	$ 1,946 - - - - - - - - - 50,204 87,822 76,154 98,662 41,369 9,846 20,488 360,818 9,418 31,809 213,864	Note

(Continued)

54 -

(Continued from the previous page)

Holding Company Name	Type of Marketable Securities	Name of Marketable Securities	Relationship with the Holding Company	Financial Statement Account		End of the Period	End of the Period		Note
					Shares	Carrying Amount	Percentage of Ownership	Fair Value
Standard Beverage Company Ltd. Domex Technology Corporation Accession Limited	Shares Mutual funds Mutual funds Mutual funds Shares Shares Shares Shares Mutual funds Mutual funds Shares Shares Mutual funds	Taiwan Semiconductor Manufacturing Co., Ltd. Fuh Hwa Global Strategic Allocation FoF Franklin Templeton SinoAm Franklin Templeton Global Bond Fund of Funds Taishin 1699 Money Market Fund Global Strategic Investment Co., Ltd. Hong Da Leasing & Finance Co., Ltd. CNEX Co., Ltd. Amphastar Pharmaceuticals Inc. (AMPH) Fuh Hwa Greater China Mid & Small Cap Fund Franklin Templeton SinoAm Franklin Templeton Global Bond Fund of Funds - Accu. InnoComm Mobile Technology Corp. AsiaVest Liquidation Co. Term Liquidity Fund	Charng Hui Ltd. is one of the directors	Financial assets at FVTOCI - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - non-current Financial assets at FVTPL - current Financial assets at FVTPL - current Financial assets at FVTOCI - non-current Financial assets at FVTOCI - non-current Financial assets at FVTPL - current	90,000 1,000,000 1,453,360 490,638 850,500 8,297,000 1,000,000 7,742 225,000 282,988 3,600,000 200 33,453	$ 53,550 13,160 18,734 6,704 4,338 - - 4,348 3,895 3,648 284,544 1,033 98,073	- - - - 1.9% 23.7% 6.0% - - - 13.4% 0.7% -	$ 53,550 13,160 18,734 6,704 4,338 - - 4,348 3,895 3,648 284,544 1,033 98,073

Note 1: The Fund had no number of unit. Note 2: The amount was eliminated upon consolidation.

55 -

TABLE 4

STANDARD FOODS CORPORATION AND SUBSIDIARIES

TOTAL PURCHASES FROM OR SALES TO RELATED PARTIES AMOUNTING TO AT LEAST NT$100 MILLION OR 20% OF THE PAID-IN CAPITAL FOR THE SIX MONTHS ENDED JUNE 30, 2021

(IN THOUSANDS OF NEW TAIWAN DOLLARS)

Company Name	Counter-party	Nature of Relationships		Transaction Details	Transaction Details	Transaction Details	Abnormal Transaction	Abnormal Transaction	Notes/Trade Receivable(Payable)	Notes/Trade Receivable(Payable)	Note
			Purchases (Sales)	Amount	% to Total	Payment Terms	Unit Price	Payment Terms	Ending Balance	Ratio to Total Notes or Accounts Receivable (payable)
Standard Foods Corporation Standard Dairy Products Taiwan Ltd. Shanghai Standard Foods Co., Ltd Standard Investment (China) Co., Ltd. Standard Foods (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Foods (Xiamen) Co., Ltd Standard Foods (China) Co., Ltd.	Standard Dairy Products Taiwan Ltd. Standard Foods Corporation Standard Investment (China) Co., Ltd. Shanghai Standard Foods Co., Ltd Standard Investment (China) Co., Ltd. Standard Foods (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Foods (Xiamen) Co., Ltd	The Company's subsidiary Parent company of Standard Dairy Products Taiwan Ltd. Brother company of Shanghai Standard Foods Co., Ltd. Brother company of Standard Investment (China) Co., Ltd. Parent company of Standard Foods (China) Co., Ltd. Standard Investment (China) Co., Ltd.'s subsidiary Parent company of Standard Foods (Xiamen) Co., Ltd. Standard Investment (China) Co., Ltd.'s subsidiary	Sales Purchases Purchases Sales Sales Purchases Purchases Sales Sales Purchases Sales Purchases	( $ 637,648 ) 390,293 637,648 ( 390,293 ) ( 729,900 ) 251,761 729,900 ( 251,761 ) ( 2,367,782 ) 2,367,782 ( 1,730,442 ) 1,730,442	9.88% 11.93% 56.85% 25.09% 70.58% 18.52% 15.14% 3.87% 99.74% 49.01% 84.54% 35.82%	55 days after month-end closing (net of receivables and payables) 55 days after month-end closing (net of receivables and payables) 55 days after month-end closing (net of receivables and payables) 55 days after month-end closing (net of receivables and payables) 60 days after month-end closing 60 days after month-end closing 60 days after month-end closing 60 days after month-end closing 60 days after month-end closing 60 days after month-end closing 60 days after month-end closing 60 days after month-end closing	- - - - - - - - - - - -	- - - - - - - - - - - -	$ 191,807 - ( 191,807 ) - 294,575 ( 54,355 ) ( 294,575 ) 54,355 973,363 ( 973,363 ) 534,762 ( 534,762 )	9.75% - 47.94% - 99.96% 77.16% 16.26% 2.91% 99.97% 53.73% 100.00% 29.52%	Note Note Note Note Note Note Note Note Note Note Note Note

Note: The amounts presented above were eliminated upon consolidation.

56 -

TABLE 5

STANDARD FOODS CORPORATION AND SUBSIDIARIES

RECEIVABLES FROM RELATED PARTIES AMOUNTING TO AT LEAST NT$100 MILLION OR 20% OF THE PAID-IN CAPITAL JUNE 30, 2021

(IN THOUSANDS OF NEW TAIWAN DOLLARS)

Company Name	Counter-party	Nature of Relationships	Ending Balance for Trade Receivable - Related Parties	Ending Balance for Trade Receivable - Related Parties	Ending Balance for Trade Receivable - Related Parties	Turnover Rate	Overdue	Overdue	Amounts Received in Subsequent Period	Allowance for loss amount	Note
							Amount	Actions Taken
Standard Foods Corporation Shanghai Standard Foods Co., Ltd. Shanghai Standard Foods Co., Ltd. Standard Foods (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Foods (Xiamen) Co., Ltd.	Standard Dairy Products Taiwan Ltd. Standard Foods (China) Co., Ltd. Standard Foods (Xiamen) Co., Ltd. Standard Investment (China) Co., Ltd. Standard Foods (China) Co., Ltd. Standard Foods (Xiamen) Co., Ltd. Standard Investment (China) Co., Ltd.	The Company's subsidiary Brother company of Shanghai Standard Foods Co., Ltd. Brother company of Shanghai Standard Foods Co., Ltd. Parent company of Standard Foods (China) Co., Ltd. Standard Investment (China) Co., Ltd.'s subsidiary Standard Investment (China) Co., Ltd.'s subsidiary Parent company of Standard Foods (Xiamen) Co., Ltd.	Trade receivables Other receivables Trade receivables Notes receivable Financing receivables - related parties Other receivables Trade receivables Financing receivables - related parties Other receivables Trade receivables Notes receivable Other receivables Trade receivables Financing receivables - related parties Other receivables Trade receivables Financing receivables - related parties Other receivables Notes receivable	$ $	191,807 6,999 198,806 239,417 55,158 43,557 4,714 342,846 130 452,823 2,377 455,330 934,550 38,813 3,711 977,074 89 430,837 10,824 441,750 57 513,312 15,924 529,293 534,762	7.99 3.45 3.45 3.57 3.56 3.56 12.55 15.87 3.80	$ - - $ - $ - - - - $ - $ - - - $ - $ - - - $ - $ - - - $ - $ - - - $ - $ -		$ 49,866 (Note 1) 6,999 (Note 1) $ 56,865 (Note 1) $ 119,915 (Note 1) 55,158 (Note 1) - (Note 1) - (Note 1) $ 175,073 (Note 1) $ - (Note 1) - (Note 1) - (Note 1) $ - (Note 1) $ 563,005 (Note 1) - (Note 1) - (Note 1) $ 563,005 (Note 1) $ 75 (Note 1) - (Note 1) - (Note 1) $ 75 (Note 1) $ - (Note 1) - (Note 1) 5,101 (Note 1) $ 5,101 (Note 1) $ - (Note 1)	$ - - $ - $ - - - - $ - $ - - - $ - $ - - - $ - $ - - - $ - $ - - - $ - $ -	(Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2) (Note 2)
				$ $
				$ $
				$ $
				$ $
				$ $
				$

Note 1: The amount received as of August 11, 2021.

Note 2: The amount was eliminated upon consolidation.

57 -

TABLE 6

STANDARD FOODS CORPORATION AND SUBSIDIARIES

INTERCOMPANY RELATIONSHIPS AND SIGNIFICANT INTERCOMPANY TRANSACTIONS FOR THE SIX MONTHS ENDED JUNE 30, 2021 (IN THOUSANDS OF NEW TAIWAN DOLLARS)

No. (Note 1)	Name of Company	Counterparty	Relationship (Note 2)		Transactions Details	Transactions Details
				Financial Statement Accounts	Amount (Note 4)	Payment Terms	% to Consolidated Total Sales or Assets (Note 3)
0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1	Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Standard Foods Corporation Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard Shanghai Standard	Standard Dairy Products Standard Dairy Products Standard Dairy Products Standard Dairy Products Standard Dairy Products Standard Beverage Standard Beverage Standard Beverage Standard Beverage Dermalab Dermalab China Standard Foods Xiamen Standard China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Foods China Standard Foods Xiamen Standard Xiamen Standard Xiamen Standard Xiamen Standard Xiamen Standard	1 1 1 1 1 1 1 1 1 1 1 1 1 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Trade receivables Other receivables Sales Purchases Royalty revenue Other receivables Financing receivables - related parties Interest income Service revenue (recognized under sundry revenue) Financing receivables - related parties Interest income Interest income Interest income Trade receivables Notes receivable Financing receivables - related parties Other receivables Trade payables Other payables Sales Purchases Interest income Other expenses Research and development expenses Sales Purchases Trade receivables Other receivables Financing receivables - related parties Sales Interest income	$ 191,807 6,999 637,648 390,293 4,244 116 20,500 61 660 18,117 443 1,075 1,798 239,417 55,158 43,557 4,714 54,355 2,261 729,900 251,761 269 65 1,989 9,911 4,760 130 2,377 452,823 116 2,296	According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions Interest rate 0.950% per annum Interest rate 0.950% per annum According to the general conditions Interest rate 1.000% per annum Interest rate 1.000% per annum Interest rate 1.000% per annum Interest rate 1.000% per annum According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions Interest rate 1.000%per annum	0.7% - 4.1% 2.5% - - 0.1% - - 0.1% - - 0.9% 0.2% 0.2% - 0.2% - 4.7% 1.6% - - - 0.1% - - - 1.6% - -

(Continued)

58 -

(Continued from the previous page)

No. (Note 1)	Name of Company	Counterparty	Relationship (Note 2)		Transactions Details	Transactions Details
				Financial Statement Accounts	Amount (Note 4)	Payment Terms	% to Consolidated Total Sales or Assets (Note 3)
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2	China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment ChinaStandard Investment	China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods Shanghai Dermalab Shanghai Dermalab Shanghai Dermalab Shanghai Dermalab Xiamen Standard Xiamen Standard Xiamen Standard China Standard Foods Xiamen Standard Xiamen Standard Xiamen Standard Xiamen Standard Xiamen Standard Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Ho Shanghai Le Ho Shanghai Le Ho Shanghai Le Ming	1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 3 3 3 3	Trade receivables Other receivables Financing receivables - related parties Trade payables Notes payable Other payables Sales Purchases Interest income Other income Rental expenses Other receivables Financing receivables - related parties Interest income Expenses (social expenses and other expenses) Trade receivables Other receivables Financing receivables - related parties Notes payable Prepayments for purchases Sales Purchases Interest income Other income Trade receivables Other receivables Financing receivables - related parties Trade payables Sales Purchases Interest income Other expenses Other payables Financing payables - related parties Interest expenses Otherpayables	$ 89 10,824 430,837 934,550 38,813 3,711 295 2,367,782 1,810 10,942 48 610 55,348 615 82 57 15,924 513,312 534,762 105,468 238 1,730,442 9,135 6,963 5 245 81,107 485 2 1,595 491 80 68 6,866 69 68	According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions Interest rate 1.000% per annum According to the general conditions According to the general conditions Interest rate 1.000% per annum Interest rate 1.000% per annum Accordingto thegeneral conditions	- - 1.6% 3.4% 0.1% - - 15.1% - 0.1% - - 0.2% - - - 0.1% 1.9% 1.9% 0.4% - 11.0% 0.1% - - - 0.3% - - - - - - - - -

(Continued)

59 -

(Continued from the previous page)

No. (Note 1)	Name of Company	Counterparty	Relationship (Note 2)		Transactions Details	Transactions Details
				Financial Statement Accounts	Amount (Note 4)	Payment Terms	% to Consolidated Total Sales or Assets (Note 3)
2 2 2 2 2 3 3 4 4 4 4 4 4 4 5 5 5	China Standard Investment China Standard Investment China Standard Investment China Standard Investment China Standard Investment Shanghai Dermalab Shanghai Dermalab China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods China Standard Foods Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta	Shanghai Le Ming Shanghai Le Ming Shanghai Le Ben De Shanghai Le Ben De Shanghai Le Ben De Dermalab Dermalab Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Shanghai Le Bonta Xiamen Standard Xiamen Standard Xiamen Standard Shanghai Le Ben De Shanghai Le Ben De Shanghai Le Ben De	3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Financing payables - related parties Interest expenses Other payables Financing payables - related parties Interest expenses Trade payables Purchases Other receivables Sales Rental income Other expenses Trade payables Sales Purchases Trade receivables Sales Purchases	$ 5,895 67 56 10,782 55 26,535 43,156 1,334 492 1,800 2,443 22 128 20 451 452 51	Interest rate 1.000% per annum Interest rate 1.000% per annum According to the general conditions Interest rate 1.000% per annum Interest rate 1.000% per annum According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions According to the general conditions Accordingto thegeneral conditions	- - - - - 0.1% 0.3% - - - - - - - - - -

Note 1: Where the parent company and its subsidiaries do business with each other, information shall be stated separately in the "No." column and numbered as follows:

a. Parent company is 0.

b. Subsidiaries are numbered in order by Arabic numerals from 1.

Note 2: The related parties have the following three relationships:

a. Parent company to its subsidiaries.

b. Subsidiaries to its parent company.

c. Subsidiaries to subsidiaries.

Note 3: The transaction amounts are calculated as percentage of consolidated total revenue or total assets; balance sheet accounts are calculated as percentage of consolidated total assets; amounts of income statement accounts are calculated as percentage of consolidated total revenues.

Note 4: The amount was eliminated upon consolidation.

60 -

TABLE 7

STANDARD FOODS CORPORATION AND SUBSIDIARIES

INFORMATION ON INVESTEE COMPANIES (EXCLUDING MAINLAND INVESTED COMPANIES) FOR THE SIX MONTHS ENDED JUNE 30, 2021

(IN THOUSANDS OF NEW TAIWAN DOLLARS)

Investor Company	Investee Company	Location	Main Businesses and Products	Original Investment Amount	Original Investment Amount	As	of June 30, 2021	of June 30, 2021	Net Income (Loss) of the Investee	Share of Profits (Loss)	Note
				June 30, 2021	December 31, 2020	Shares	%	Carrying Amount
Standard Foods Corporation Accession Limited Dermalab S.A. Standard Investment (Cayman) Limited	Accession Limited Standard Investment (Cayman) Limited Standard Dairy Products Taiwan Ltd. Charng Hui Ltd. Domex Technology Corporation Standard Beverage Company Ltd. Le Bonta Wellness International Co. Standard Foods, LLC. Dermalab S.A. Swissderma SL Standard Corporation (Hong Kong) Limited	Tortola, British Virgin Islands Grand Cayman , Cayman Islands Taipei, Taiwan Taipei, Taiwan Hsinchu, Taiwan Taipei, Taiwan Taipei, Taiwan U.S.A. Switzerland Spain Hong Kong	Investing Investing Manufacture and sale of dairy products and beverages Investing Manufacture and sale of computer peripherals and computer appliances Manufacture and sale of beverages Sale of health food Sale of health food Development and sale of cosmetics Sale of cosmetics Investing	$ 3,936,267 4,710,865 300,853 230,000 114,116 79,072 5,953 9,056 379,489 96 4,708,566	$ 3,936,267 4,710,865 300,853 230,000 114,116 79,072 14,350 9,056 335,215 96 4,708,566	123,600,000 150,124,815 30,000,000 24,100,000 10,374,399 7,907,000 Note 4 Note 4 4,050 3,000 150,050,815	100% 100% 100% 100% 52% 100% 100% 100% 100% 100% 100%	$ 3,596,962 5,506,380 1,219,672 440,190 335,001 84,767 446 8,358 235,948 - 5,505,959	$ 23,855 ( 112,426 ) 211,450 5,481 29,834 1,180 ( 115) - 18,546 - ( 112,280 )	$ 27,585 (Note 1) ( 112,426 ) 213,082 (Note 2) 5,481 15,517 1,170 (Note 3) ( 115 ) -	Subsidiary (Note 5) Subsidiary (Note 5) Subsidiary (Note 5) Subsidiary (Note 5) Subsidiary (Note 5) Subsidiary (Note 5) Subsidiary (Note 5) Subsidiary (Note 5) Sub-subsidiary (Note 5) Third-tier subsidiary (Note 5) Sub-subsidiary (Note 5)

Note 1: This amount was the share of profit from the investee of NT$23,855 thousand minus the unrealized gain on sidestream transactions of NT$3,730 thousand.

Note 2: This amount was the share of profit of the investee of $211,450 thousand plus the unrealized gain on upstream transactions of $1,632 thousand.

Note 3: This amount was the share of profit from the investee of NT$1,180 thousand plus the realized profit on upstream transactions of NT$10 thousand.

Note 4: This is a limited company with no issued shares.

Note 5: The amount was eliminated upon consolidation.

61 -

TABLE 8

STANDARD FOODS CORPORATION AND SUBSIDIARIES

INFORMATION ON INVESTMENTS IN MAINLAND CHINA FOR THE SIX MONTHS ENDED JUNE 30, 2021 (IN THOUSANDS OF NEW TAIWAN DOLLARS)

Investee Company in Mainland China	Main Businesses and Products	Paid-in Capital	Method of Investment (Note 1)	Accumulated Outward Remittance for Investment from Taiwan at the Beginning of the Period	Accumulated Outward Remittance for Investment from Taiwan at the Beginning of the Period	Remittance or Recovery of Funds	Remittance or Recovery of Funds	Accumulated Outward Remittance for Investment from Taiwan at the End of the Period	Net Income (Loss) of the Investee	% of Ownership of Direct or Indirect Investment	Investment Profit (Loss) Recognized (Note 2)	Carrying Amount as of June 30, 2020	Accumulated Repatriation of Investment Income at the End of the Period	Note
						Outward	Inward
Shanghai Standard Foods Co., Ltd. Standard Investment (China) Co., Ltd. Standard Foods (China) Co., Ltd. Shanghai Dermalab Corporation Le Bonta Wellness Co., Ltd. Shanghai Le Ben De Health Technology Co., Ltd. Standard Foods (Xiamen) Co., Ltd Shanghai Le Ho Industrial Co., Ltd. Shanghai Le Min Industrial Co., Ltd.	Manufacture and sale of edible oil products and nutritional foods Investment and sales of edible oil products and nutritional foods Manufacture and sale of edible oil products and nutritional foods Sale of nutritional foods, cosmetics and engage in import and export business Sale of nutritional foods and engage in import and export business Sale of nutritional foods and engagement in export business Manufacture and sale of edible oil products and nutritional foods Management of properties Management of properties	$ 3,949,575 3,755,530 1,631,668 93,989 380,418 31,220 1,307,582 607,717 378,009	(2) (Note 3) (2) (Note 5) (3) (Note 6) (3) (Note 6) (1) and (3) (Note 7) (3) (Note 4 and 8) (3) (Note 6) (2) (Note 5) (2) (Note 5)	$ 3,949,575 (Note 4) 3,718,677 (Note 5) - (Note 6) - (Note 6) 181,048 (Note 7) 31,220 (Note 4) - (Note 6) 607,717 (Note 5) 378,009 (Note 5)		$ - - - - - - - - -	$ - - - - - - - - -	$ 3,949,575 (Note 4) 3,718,677 (Note 5) - (Note 6) - (Note 6) 181,048 (Note 7) 31,220 (Note 4) - (Note 6) 607,717 (Note 5) 378,009 (Note 5)	$ 14,759 ( 101,448 ) ( 83,355 ) 4,766 ( 34,225 ) 295 ( 53,171 ) ( 7,260 ) ( 4,489 )	100.0% 99.0% 99.0% 99.0% 99.5% 100.0% 99.0% 100.0% 100.0%	$ 21,352 (Note 9) ( 100,434 ) (Note 9) ( 63,247 ) (Note 9) 4,718 (Note 10) ( 34,058 ) (Note 10) 295 (Note 10) ( 35,905 ) (Note 10) ( 7,260 ) (Note 10) ( 4,489 ) (Note 10)	$ 3,219,396 4,724,270 1,913,452 12,879 139,960 29,766 1,402,236 480,966 300,239	$ - - - - - - - - -	Note 12 Note 12 Note 12 Note 12 Note 12 Note 12 Note 12 Note 12 Note 12

Accumulated Outward Remittance for Investment in Mainland China at the End of the Period		Investment Amounts Authorized by Investment Commission, MOEA			Upper Limit on the Amount of Investment Stipulated by Investment Commission, MOEA
$8,919,525		$8,919,525			Unlimited amount of investment(Note 11)

Note 1. The methods for engaging in investment in mainland China include the following:

a. Direct investment in mainland China.
b. Indirect investment in mainland China through companies registered in a third region. (Please specify the investor company in a third region.) c. Other methods.
Note 2. For the investment income (loss) recognized in the current period:
a. There was no investment income (loss) recognized due to the investment still being in the development stage.
b. The investment income (loss) was determined based on the following basis:
62 -

1) The financial statements were audited and certified by an international accounting firm in cooperation with an accounting firm in ROC.

2) The financial statements were audited by the CPA of the parent company in Taiwan. 3) Others.

Note 3. Accession Ltd. is the investor company in a third region.

Note 4. There was no difference between the beginning balance and the ending balance of the accumulated amount invested from Taiwan for the current period. The investment remained at $4,034,074 thousand. Of the $4,034,074 thousand, $53,279 thousand has been retained in Accession Ltd. The remaining balance thereof, amounting to $3,980,795 thousand, was originally the outward remittance of the investment of Shanghai Standard Foods Co., Ltd. However, as of July 2015, of the $3,980,795 thousand, $31,220 thousand was invested in Shanghai Le Ben De Health Technology Co., Ltd. by Shanghai Standard Foods Co., Ltd. In aggregate, the outward remittance of the investments in Shanghai Standard Foods Co., Ltd. and Shanghai Le Ben De Health Technology Co., Ltd. was $3,949,575 thousand and $31,220 thousand, respectively.

Note 5. Standard Corporation (Hong Kong) Ltd. is the investor company in a third region.

Note 6. The company in mainland China was reinvested through a company registered in mainland China, namely Standard Investment (China) Ltd.

Note 7. The company in mainland China was invested directly by Standard Foods Corporation and was reinvested through a company registered in mainland China, namely Standard Investment (China) Ltd. The amount invested directly was $181,048 thousand.

Note 8. This company was spun off from Shanghai Standard Foods Co., Ltd. Accession Ltd. is the investor company in a third region.

Note 9. The basis for recognition of investment profit and loss is Note 2.b. Item c) is based on the financial statements of the investee reviewed by CPAs of the parent company in Taiwan during the same period.

Note 10. The basis for recognition of investment profit and loss is Note 2.b. Item c) is based on the financial statements of the investee that have not been reviewed by any CPA during the same period.

Note 11. The Industrial Development Bureau of the MOEA issued the proofing document of operational headquarters to the Company; the document is still valid within the review period. Hence, according to the Investment Commission of the MOEA, there is no upper limit on the amount of investment.

Note 12. The amount was eliminated upon consolidation.

63 -

TABLE 9

STANDARD FOODS CORPORATION

INFORMATION OF MAJOR SHAREHOLDERS JUNE 30, 2021

Name of Major Shareholder	Shares	Shares
	Number of Shares Held	Percentage of Ownership
Mu Te Investment Co., Ltd. Trust Property Account Chia Yun Investment Co., Ltd. Trust Property Account Chia Chieh Investment Co., Ltd. Trust Property Account NanShan Life InsuranceCompany,Ltd.	157,008,400 133,125,408 108,503,160 46,506,000	17.15% 14.54% 11.85% 5.08%

Note 1: The major shareholders in this table are shareholders holding more than 5% of the ordinary and preference shares that have completed delivery without physical registration (including treasury shares) on the last business day of each quarter calculated by the Taiwan Depository & Clearing Corporation. The share capital recorded in the Company's consolidated financial report and the number of shares actually delivered by the company without physical registration may differ due to calculation basis.
Note 2: If the shares above are entrusted by the shareholders, the information thereto shall be disclosed by the individual trust account opened by the trustees. For information on shareholders, who declare to be insiders holding more than 10% of shares in accordance with the Securities and Exchange Act, and their shareholdings including their shareholdings plus their delivery of trust and shares with the right to make decisions on trust property, please refer to MOPS.
64 -

Not Pass Due	Less than 30 Days	31 to 90 Days	91 to 180 Days	Over 180 Days	Over 180 Days	Over 180 Days		Total
0.07% $ 4,654,749 ( 3,221) $ 4,651,528 Not Pass Due	2.72% $ 30,993 ( 842) $ 30,151 Less than 30 Days	12.35% $ 44,638 ( 5,515) $ 39,123 31 to 90 Days	22.72% $ 49,235 ( 11,184) $ 38,051 91 to 180 Days	30.29% $ 16,503 ( 4,998) $ 11,505 Over 180 Days			(	$ 4,796,118 25,760) $ 4,770,358 Total
0.01% $ 5,855,491 ( 537) $ 5,854,954 Not Pass Due	0.44% $ 353,466 ( 1,549) $ 351,917 Less than 30 Days	2.97% $ 74,259 ( 2,207) $ 72,052 31 to 90 Days	51.56% $ 40,270 ( 20,764) $ 19,506 91 to 180 Days	96.04% $ 7,736 ( 7,430) $ 306 Over 180 Days			(	$ 6,331,222 32,487) $ 6,298,735 Total
					(	$ 20,933 8,104 - - 577) $ 28,460

AI assistant

SFC — Interim / Quarterly Report 2021

51753_rns_2021-11-12_5a1f0a9c-c875-46c8-b0f7-8a9d8687fcc1.pdf

Standard Foods Corporation and Subsidiaries

DECLARATION OF CONSOLIDATION OF FINANCIAL STATEMENTS OF AFFILIATES

INDEPENDENT AUDITORS’ REVIEW REPOR

Introduction

Scope of Review

Basis for Qualified Conclusion

Qualified Conclusion

Notice to Readers

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS June 30, 2021, December 31, 2020, and June 30, 2020 (In Thousands of New Taiwan Dollars)

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 2021 AND 2020 (REVIEWED, NOT AUDITED)

(IN THOUSANDS OF NEW TAIWAN DOLLARS, EXCEPT EARNINGS PER SHARE)

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY For the Six Months Ended June 30, 2021 and 2020 (Reviewed, not Audited) (In Thousands of New Taiwan Dollars)

STANDARD FOODS CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS For the Six Months Ended June 30, 2021 and 2020 (Reviewed, not Audited)

STANDARD FOODS CORPORATION AND SUBSIDIARIES

1. General Information

2. Approval of Financial Statements

3. Application of New, Amended, and Revised Standards and Interpretations

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

5. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

6. CASH AND CASH EQUIVALENTS

7. FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS

(Continued from the previous page)

9. FINANCIAL ASSETS AT AMORTIZED COST

10. NOTE RECEIVABLES, TRADE RECEIVABLES, AND OTHER RECEIVABLES

11. FINANCE LEASE RECEIVABLES

12. INVENTORIES

13. PREPAYMENTS

14. SUBSIDIARIES

Subsidiaries included in consolidated financial statements.

15. REAL ESTATE, PLANT, AND EQUIPMENT

16. LEASE ARRANGEMENTS

a. Right-of-use assets

b. Lease liabilities

d. Other lease information

17. INVESTMENT PROPERTY

(Continued from the previous page)

18. INTANGIBLE ASSETS

19. OTHER ASSETS

20. BORROWINGS

b. Short-term bills payable

21. NOTES PAYABLE AND TRADE PAYABLES

22. OTHER LIABILITIES

23. RETIREMENT BENEFIT PLANS

24. EQUITY

1) Ordinary shares

2) Global depositary receipts

b. Capital surplus

d. Special reserve

e. Other equity items

f. Non-controlling interests

25. REVENUE

a. Contract balances

b. Disaggregation of revenue

For the Six Months Ended June 30, 2020

26. NET PROFIT

a. Interest income

b. Other income

c. Other profits and losses

e. Derogation loss (or reversal)

h. Employee benefit expenses

Accrual rate

27. INCOME TAX

b. Income tax recognized in other comprehensive income

28. EARNINGS PER SHARE EARNINGS PER SHARE

NET PROFIT FOR THE PERIOD

29. INFORMATION ON CASH FLOWS

Changes in liabilities arising from financing activities:

For the Six Months Ended June 30, 2021

For the Six Months Ended June 30, 2020

30. CAPITAL RISK MANAGEMENT

31. FINANCIAL INSTRUMENTS

1) Fair value hierarchy

June 30, 2021

SFC Interim / Quarterly Report 2021