Stock Code: 1256

I、 Company Profile Overview
II、 Year 2017 H1 Operational Performance
III、 Catering Industry & Market Overview
IV、 Competitive Advantages
V、 Business Report
VI、 Future Development Strategy
VII 、 Corporate Social Responsibility

I、Company Profile Overview - Factory Fact

( Kunshan) (Tianjin) (Guangdong)

Land Area:	32,636 Sq. Meters
------------	----------------------

Factory Area: 16,600 Sq. Meters

Staff: 369 employees

Capacity: 55,000 MT/Year

33,329 Sq. Meters 5,945 Sq. Meters (rental)

103 employees

10,000 MT/Year

35,675 Sq. Meters 4,846 Sq. Meters (rental) 96 employees 10,000 MT/Year

(Company Staff as of 30 June 2017)

I、Company Profile Overview - History

Feb 1998 Fresh Life (Kunshan) Food Industry Co., Ltd. was established at Kunshan City, Suzhou, China.
May 2010 Being one of the qualified supplier providing raw materials to World Expo restaurants of customized drinks.
Dec 2010 Established a joint venture company with Jianghang Village Economic Cooperation named Kunshan Jianghang Ecological Agriculture Science & Technology Development Co., Ltd. at Zhangpu, Kunshan.
Mar 2011 Officially relocated to the new plant at JuJin Road, Zhangpu Township, Kunshan, Suzhou.
Sept 2011 Fresh Juice accredited to Industrialization of Suzhou's Leading Agricultural Businesses.
Sept 2012 Sunjuice Holdings Co., Ltd. was officially listed at Taipei Exchange (TPEX).
Feb 2013 Certified as the "2012 Suzhou Famous Brand Product" by the People's Government of Suzhou Municipality.
Dec 2013 Fresh Juice certified as Jiangsu Province's "Agricultural Science and Technology Enterprise".
Jun 2014 Awarded "Progress Prize in Scientific and Collective Technology" by Kunshan Government.
Dec 2014 Awarded "Carbon Footprint Certification" by China Quality Certificate Center (CQC).
Jan 2015 Fresh Juice Industry (Tianjin) awarded QS certification.
Jun 2015 Guangdong Fresh Juice Biotechnology Co., Ltd. awarded QS certification.
Mar 2016 Sunjuice Holdings Co., Ltd. was officially listed at Taiwan Stock Exchange (TWSE) .
Dec 2016 Awarded [Top 100 of Chinese Corporate Social responsibility in Food industry] and [Staff Care Award]
Apr 2017 Suzhou Sunjuice I International Ltd. was established at Kunshan City, Suzhou, China.
Aug 2017 Awarded CSR Corporate Giant Little Giant by Taiwan Common Wealth Magazine for 3 consecutive

years

I、Company Profile Overview - Core Products

Our variety of products e.g. concentrated juice, flavor syrup, fruit pulp, and fruity powder, etc. , mainly supply to Food & Beverage Chain System & Food Processing Company as raw materials for non-packed & prepared juice drinks.

Market Position :

Our company is located in Middle Stream. As a raw materials supplier for non-packed & prepared juice drinks other than packed juice drink for end consumer market.

1、Recent Years' Revenue & Margin Growths

2、2013-2017H1 Annual Net Income & EPS Trend

3、Accounts Receivable Analysis & Proportion

With effective accounts receivable control & perfection of dealership management system, we have close to zero bad debts ratio in recent fiscal years.

Unit in NTD (thousand dollars)

Item	2013	2014	2015	2016	2017 H1
Net Sales	1,729,641	2,053,572	2,405,459	2,679,294	1,422,166
Bad Debts	0%	0%	0%	0%	0%

1、Recent years growth condition for Disposable Income Per Capita of Urban Households in China

(1) Urban households disposable income in an average of 9% growth every year

(2) Government Incentive Policy on China's residential consumption behavior

Source: PRC Statistical bulletin of national economic and social development (China)

(in RMB yuan)

III、Catering Industry & Market Overview

、 Annual Scale Growth of China's Catering Industry in 2001 to 2016

Souce: National Bureau of Statistics of China, China Cuisine Association (China) http://www.cfen.com.cn/zyxw/yw/201701/t20170120\_2524058.html

、 Innovation & Research Competence,

IV、 Competitive Advantages

Patent Technology

、Customized & Variety of Product Structure
、Cleanliness & Safety Production System
、Perfection of China's Sales Network System

1、A one-stop pilot plant for innovative ideas, cost analysis and product completion in 24 hours.

Small sized sample preparation

UHT Equipment for preparing sample

Production parameter confirmation

Aseptic filling for sample products

2、Aseptic Filling Standardized Production Process

3、Patent Technology

5、Core Technology

2015	2016	2017
1. Aseptic Filling Product Line	MRP	Mouthfeel
2. Highly Concentrated	&	Particles
Production Technology	Product Traceability System	Technology Upgrade

Average Order Received and Dispatched Report Jan to Jul 2017

Grouping 220 product items in average by ERP System every month

Plant Dept. complete production in 2 days

Production of 57 product items in average everyday

Supply Chain Dept. complete dispatched products in 3 days

Dispatch of 722 product item for 94 orders in average everyday

Source: Kunshan factory ERP statistics

Lean Manufacturing Plant (Toyota Production System)

1、 Kanban Management raising employee's independence, E-Kanban enhancing flexibility
2、 ERP system analysis build up standardized quality standards & production management performance indicators
3、Introducing MRP system , elevating production scheduling in 4 hours for delivery order efficiency
4、Establishment of Traceability & Product Resume System by applying barcode technology

Using barcode & QR code for product traceability management

1.Labelling product barcode 2. Online product scanning 4.Network searching for the 3. Automatic data generation in database

traceable product

3、Cleanliness & Safety Production System

Set up Laboratory for Food Safety Inspection

Self inspection & systemized safety evaluation for products and raw materials

(2) Particle size distribution instrument – monitoring product's homogeneous status and size allocation

(3) Color difference meter – measured product's color

Risk Control for Food Safety – Responsibility for Product & Quality

(1) Request raw material inspection report & statement

(2) Regular supplier assessment & plant visit arrangement

(3) Raw materials production base management

Company

Supplier

(1) Set up a Food Safety Team to deal with emergency food safety issues
(2) Enhance food safety control policy as part of internal audit procedure
(3) Severe quality control starts from raw materials, production process and finished products
(4) Third party regular inspection report for finished products
(5) Conduct the simulation of product recall procedure annually

Quality Control Unit

(1) Strengthen communication & feedback timely message to Quality Control Unit
(2) Taking corresponding action for updated rules & regulations
Customer
(1) Offering customers Product Safety Statement
(2) Disclosing message regarding company influences will be caused by particular food safety issue

4、Perfection of China's Sales Network System

2017 H1 Customer Base by Sales Volume

、Catering Chain System customers accelerates growth on the mass cuisine market
、Deep cultivation of Factory System customers
、Complete the sales network with Dealership System customers
、 Juice Dispenser Market

1、Catering Chain System customers accelerates growth on the mass cuisine market

National Catering Chain System Customers With 83 brands & 9,430 stores

、Accredited certification from food processing factory

、Product upgrade strategy drive focus on raw materials selection with high quality standards, better serving local brands

Development map with local catering chain system customers 72 representative brands with over 18,000 stores

4、 Juice Dispenser Market – Business Model of SENSE

SENSE Total drink solution design and food safety control

Standardized Drinks Solution via Automatic Machine

Catering Chain System Buffet/Fast food/Chinese Restaurant/Hotel

End user protection for food safety issue
High efficiency in standardization of drinks
Interactive screen to elevate brand influence by generating higher profits

4、 Juice Dispenser Market

Strategic Business Partnership with Cornelius Total Drinks Solution with 360 Degree Drink Safety Concept

Marmon Group is one of Berkshire Hathaway company

Warren Buffett's world largest financial institution
Ranking No.3 as "Fortune World's Most Admired Companies"

Marmon Group covers total solution of food technology, drink technology and water technology

The 5th contractual strategic partners
Sharing food safety concept as international brands like McDonald
Elevating higher level of food safety

management by upgrading automatic machine

4、 Juice Dispenser Market – 360 Degree Drink Safety Concept

4、 Juice Dispenser Market – Cold Brew Coffee (Tea)

Creating unique tasting for customers

Customization + Standardization + Commercialization business model

Support rapid business development
Assurance of food safety
Stable quality and supply

Set up production plant in South China & North China

Closer customer services, JIT production
Cultivated regional market, national resources sharing
Lowering transportation cost & shortened delivery period, raising competitive advantage
Local agricultural deep processing
Being the Central Kitchen for Catering Business in Drinks Market
Experience transformation strategy from Kunshan Production Plant

VI、Future Development Strategy 2/7

Kunshan Factory

New logistic warehouse and automatic warehouse system

Land area : 32,636 ㎡ Construction area: 16,672 ㎡

VI、Future Development Strategy 3/7

North China Production Plant – Factory Rental - 2015.1 starting operation

Capacity : 10,000 MT/Year Average manufacturing product per day: 16 items

North China Production Plant

VI、Future Development Strategy 5/7

South China Production Plant – Factory Rental - 2015.6 starting operation

Capacity : 10,000 MT/Year Average manufacturing product per day: 16 items

VI、Future Development Strategy 6/7

Strategic Innovation: Close to customer's market

Cooperation with Cargill to build a competitive brand and develop potential market

"Riches and honors are what men desire. If they cannot be obtained in the proper way, they should not be held. Poverty and meanness are what men dislike. If they cannot be avoided in the proper way, they should not be avoided."

~The Analects of Confucius~

Employee Stability

Source: 2017 Turnover rate and salary research report by 51JOBS

To Absorb nutrients from talented person and market

CSR - 1. Corporate Governance、2.Business Commitment、3.Social Participation、4.Sustainable Environment

Construct a food safety supply chain

With QR code management from raw materials production, processing, circulation and sales, constructing a real time food safety product resume

Jianghang Blueberry Orchard

China Spark Program demonstration base

2、 Sightseeing picking Receiving 15,000 visitors , weekend 2,000 visitors

3、Improve soil for green ecology plantation Cultivate earthworm to increase gas permeability of soil
4、Environment Protection and original ecology lake

20,000㎡ original ecology lake

"It is virtuous manners which constitute the excellence of a neighborhood." ~The Analects of Confucius~

Peaceful & Abundant