WPG - Interim / Quarterly Report 2021

WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS’ REVIEW REPORT

SEPTEMBER 30, 2021 AND 2020

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

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INDEPENDENT AUDITORS’ REVIEW REPORT TRANSLATED FROM CHINESE

To the Board of Directors and Stockholders of WPG Holdings Limited

Introduction

We have reviewed the accompanying consolidated balance sheets of WPG Holdings Limited and subsidiaries (the “Group”) as at September 30, 2021 and 2020, and the related consolidated statements of comprehensive income for the three months and nine months then ended, as well as the related consolidated statements of changes in equity and of cash flows for the nine months then ended, and notes to the consolidated financial statements, including a summary of significant accounting policies. Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34, “Interim Financial Reporting” as endorsed by the Financial Supervisory Commission. Our responsibility is to express a conclusion on these consolidated financial statements based on our reviews.

Scope of review

Except as explained in the following paragraph, we conducted our reviews in accordance with the Statement of Auditing Standards No. 65, “Review of Financial Information Performed by the Independent Auditor of the Entity” in the Republic of China. A review of consolidated financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Basis for qualified conclusion

As explained in Notes 4(3)B and 6(9), the financial statements of certain insignificant consolidated subsidiaries and investments accounted for using equity method were not reviewed by independent auditors. Those statements reflect total assets (including investments accounted for using the equity method) of NT$20,344,428 thousand and NT$15,518,950 thousand, both constituting 7% of the consolidated total assets, and total liabilities of NT$10,682,428 thousand and NT$8,827,206 thousand, constituting, both constituting 5% of the consolidated total liabilities as at September 30, 2021 and 2020, respectively, and total comprehensive income (including share of profit (loss) of associates and joint ventures accounted for using the equity method and share of other comprehensive income of

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associates and joint ventures accounted for using the equity method) of NT$62,530 thousand, NT$7,537 thousand, NT$414,741 thousand and NT$275,390 thousand, constituting 3%, 1%, 5% and 7% of the consolidated total comprehensive income for the three months and nine months then ended, respectively.

Qualified conclusion

Except for the adjustments to the consolidated financial statements, if any, as might have been determined to be necessary had the financial statements of certain consolidated subsidiaries been reviewed by independent auditors as described in the Basis for qualified conclusion section above, based on our reviews, nothing has come to our attention that causes us to believe that the accompanying consolidated financial statements do not present fairly, in all material respects, the consolidated financial position of the Group as at September 30, 2021 and 2020, and of its consolidated financial performance for the three months and nine months then ended and its consolidated cash flows for the nine months then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34, “Interim Financial Reporting” as endorsed by the Financial Supervisory Commission.

Lin, Chun-Yao Chou, Chien-hung

For and on behalf of PricewaterhouseCoopers, Taiwan November 9, 2021

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

As the consolidated financial statements are the responsibility of the management, PricewaterhouseCoopers cannot accept any liability for the use of, or reliance on, the English translation or for any errors or misunderstandings that may derive from the translation.

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WPG HOLDINGS LIMITED AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

SEPTEMBER 30, 2021, DECEMBER 31, 2020 AND SEPTEMBER 30, 2020

(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS)

(THE BALANCE SHEETS AS OF SEPTEMBER 30, 2021 AND 2020 ARE REVIEWED, NOT AUDITED)

Assets	Notes	September 30, 2021 AMOUNT % `$` `10,647,106` `4` `13,599` `-` `220,549` `-` `2,629,716` `1` `138,839,828` `46` `182,471` `-` `9,744,142` `3` `7,191` `-` `1,426` `-` `91,386,431` `31` `3,654,608` `1` `1,929,402` `1` `259,256,469` `87` `1,549,187` `-` `3,340,338` `1` `1,447,066` `-` `12,609,113` `4` `11,222,464` `4` `1,642,607` `1` `1,581,705` `1` `5,314,220` `2` `548,866` `-` `31,050` `-` `766,643` `-` `40,053,259` `13` `$` `299,309,728` `100`	December 31, 2020 AMOUNT % `$` `11,020,020` `5` `87,124` `-` `246,682` `-` `3,210,976` `1` `108,221,027` `46` `177,893` `-` `12,933,710` `6` `1,615` `-` `13,734` `-` `57,100,025` `25` `2,616,586` `1` `2,381,971` `1` `198,011,363` `85` `1,346,806` `1` `1,831,394` `1` `225,681` `-` `11,922,666` `5` `10,560,533` `4` `1,630,694` `1` `1,573,739` `1` `5,661,833` `2` `534,834` `-` `31,050` `-` `646,520` `-` `35,965,750` `15` `$` `233,977,113` `100`	September 30, 2020	September 30, 2020
		AMOUNT `$` `10,647,106` `13,599` `220,549` `2,629,716` `138,839,828` `182,471` `9,744,142` `7,191` `1,426` `91,386,431` `3,654,608` `1,929,402` `259,256,469` `1,549,187` `3,340,338` `1,447,066` `12,609,113` `11,222,464` `1,642,607` `1,581,705` `5,314,220` `548,866` `31,050` `766,643` `40,053,259` `$` `299,309,728`	AMOUNT `$` `11,020,020` `87,124` `246,682` `3,210,976` `108,221,027` `177,893` `12,933,710` `1,615` `13,734` `57,100,025` `2,616,586` `2,381,971` `198,011,363` `1,346,806` `1,831,394` `225,681` `11,922,666` `10,560,533` `1,630,694` `1,573,739` `5,661,833` `534,834` `31,050` `646,520` `35,965,750` `$` `233,977,113`	AMOUNT `$` `12,953,214` `94,774` `169,284` `2,432,617` `110,952,001` `128,277` `12,910,945` `3,510` `57,306` `56,721,006` `3,109,626` `1,167,799` `200,700,359` `1,345,022` `529,378` `329,420` `10,288,881` `10,936,873` `1,602,271` `1,038,246` `5,669,875` `531,969` `1,245,243` `232,263` `33,749,441` `$` `234,449,800`	%
Current assets Cash and cash equivalents Financial assets at fair value through profit or loss - current Financial assets at amortized cost - current Notes receivable, net Accounts receivable, net Accounts receivable - related parties Other receivables Other receivables - related parties Current income tax assets Inventory Prepayments Other current assets Total current assets Non-current assets Financial assets at fair value through profit or loss - non-current Financial assets at fair value through other comprehensive income - non-current Financial assets at amortized cost - non-current Investments accounted for using equity method Property, plant and equipment Right-of-use assets Investment property - net Intangible assets Deferred income tax assets Prepayments for investments Other non-current assets Total non-current assets TOTAL ASSETS	6(1) 6(2) 6(4) and 8 6(5) 6(5) 7(3) 6(7) 7(3) 6(8) 6(2) and 8 6(3) 6(4) 6(9) 6(10) and 8 6(11) 6(12) and 8 6(13) 6(14) 6(15)				`6` `-` `-` `1` `47` `-` `6` `-` `-` `24` `1` `1`
					`86`
					`1` `-` `-` `4` `5` `1` `-` `2` `-` `1` `-`
					`14`
					`100`

(Continued)

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WPG HOLDINGS LIMITED AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

SEPTEMBER 30, 2021, DECEMBER 31, 2020 AND SEPTEMBER 30, 2020

(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS)

(THE BALANCE SHEETS AS OF SEPTEMBER 30, 2021 AND 2020 ARE REVIEWED, NOT AUDITED)

					September 30, 2021				December 31, 2020				September 30, 2020
Liabilities and Equity		Notes			AMOUNT	%			AMOUNT	%			AMOUNT	%
Current liabilities
Short-term borrowings	6(16)			`$`	`84,828,646`	`28`		`$`	`59,040,547`	`25`		`$`	`56,164,773`	`24`
Short-term notes and bills payable	6(17)				`7,295,109`		`2`		`4,941,505`		`2`		`4,896,077`		`2`
Financial liabilities at fair value	6(2)
through profit or loss - current					`3,506`		`-`		`2,737`		`-`		`4,458`		`-`
Notes payable					`40,981`		`-`		`50,651`		`-`		`131,140`		`-`
Accounts payable					`86,211,870`	`29`			`62,835,569`	`27`			`69,065,579`	`30`
Accounts payable - related parties	7(3)				`335,927`		`-`		`77,023`		`-`		`63,970`		`-`
Other payables					`9,710,972`		`3`		`8,033,574`		`4`		`6,447,488`		`3`
Current income tax liabilities					`1,361,089`		`1`		`790,796`		`-`		`998,813`		`-`
Lease liabilities - current					`330,325`		`-`		`405,282`		`-`		`410,317`		`-`
Other current liabilities	6(18)(19)				`12,226,201`		`4`		`10,478,634`		`5`		`4,4726,690`		`2`
Total current liabilities					`202,344,626`	`67`			`146,656,318`	`63`			`142,909,305`	`61`
Non-current liabilities
Long-term borrowings	6(18)				`25,352,392`		`9`		`18,643,237`		`8`		`24,646,500`	`11`
Deferred income tax liabilities					`520,736`		`-`		`495,971`		`-`		`502,549`		`-`
Lease liabilities - non-current					`1,246,687`		`-`		`1,289,826`		`1`		`1,245,903`		`1`
Other non-current liabilities					`1,054,135`		`-`		`888,743`		`-`		`996,838`		`-`
Total non-current liabilities					`28,173,950`		`9`		`21,317,777`		`9`		`27,391,790`	`12`
Total liabilities					`230,518,576`	`76`			`167,974,095`	`72`			`170,301,095`	`73`
Equity attributable to owners of
parent
Share capital	1 and	6(22)
Common stock					`16,790,568`		`6`		`16,790,568`		`7`		`16,790,568`		`7`
Preference stock					`2,000,000`		`1`		`2,000,000`		`1`		`2,000,000`		`1`
Capital surplus	6(23)
Capital surplus					`28,753,684`		`9`		`28,848,733`	`13`			`27,683,192`	`12`
Retained earnings	6(24)
Legal reserve					`7,483,640`		`3`		`6,667,417`		`3`		`6,667,417`		`3`
Special reserve					`8,832,794`		`3`		`5,420,694`		`2`		`5,420,694`		`2`
Unappropriated earnings					`13,909,851`		`5`		`14,575,304`		`6`		`12,480,585`		`5`
Other equity interest
Other equity interest	6(25)		`(`		`9,777,281) (`		`3) (`		`8,832,794 ) (`		`4) (`		`7,405,364) (`		`3 )`
Equity attributable to owners of
the parent					`67,993,256`	`24`			`65,469,922`	`28`			`63,637,092`	`27`
Non-controlling interest	4				`797,896`		`-`		`533,096`		`-`		`511,613`		`-`
Total equity					`68,791,152`	`24`			`66,003,018`	`28`			`64,148,705`	`27`
Significant contingent liabilities and	7(3) and 9
unrecognized contract commitments
TOTAL LIABILITIES AND
EQUITY				`$`	`299,309,728`	`100`		`$`	`233,977,113`	`100`		`$`	`234,449,800`	`100`

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

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WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS, EXCEPT EARNINGS PER SHARE DATA) (REVIEWED, NOT AUDITED)

Items	Notes	Three months ended September 30,	Three months ended September 30,
		2021	2020
Operating revenue Operating costs Gross profit Operating expenses Selling and marketing expenses General and administrative expenses Expected credit impairment gain (loss) Total operating expenses Operating profit Non-operating income and expenses Interest income Other income Other gains and losses Finance costs Share of profit of associates and joint ventures accounted for using the equity method Total non-operating income and expenses Income before income tax Income tax expense Consolidated net income

(Continued)

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WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS, EXCEPT EARNINGS PER SHARE DATA) (REVIEWED, NOT AUDITED)

Items	Notes	Three months ended September 30,	Three months ended September 30,
		2021	2020
Other comprehensive income Components of other comprehensive income that will not be reclassified to profit or loss Gain on remeasurements of defined benefit plans Unrealized (loss) gains from investments in equity instruments measured at fair value through other comprehensive income Share of other comprehensive income of associates and joint ventures accounted for using the equity method that will not be reclassified to profit or loss Other comprehensive income (loss) that will not be reclassified to profit or loss Components of other comprehensive income (loss) that will be reclassified to profit or loss Exchange differences on translation of foreign financial statements Share of other comprehensive loss of associates and joint ventures accounted for using the equity method Income tax related to components of other comprehensive income that will be reclassified to profit or loss Other comprehensive loss that will be reclassified to profit or loss Total other comprehensive loss Total comprehensive income Consolidated net income attributable to: Owners of the parent Non-controlling interest Comprehensive income attributable to: Owners of the parent Non-controlling interest Earnings per share (in dollars) Basic earnings per share Diluted earnings per share

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

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WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS)

(REVIEWED, NOT AUDITED)

Notes					Equity att	butable to owners o	butable to owners o	f the parent
	Share Capital			Capital surplus		Retained Earnings			Other EquityInterest			Total
	Common stock	Preference stock			Legal reserve	Special reserve		Unappropriated earnings	Exchange differences of foreign financial statements	Unrealized gains (loss) on financial assets at fair value through other comprehensive income
6(25) 6(24) 6(23) 6(25) 6(24) 6(3) 6(23) 6(35) 6(35)	`$ 16,790,568` `-` `-` `-` `-` `-` `-` `-` `-` `-` `$ 16,790,568` `$ 16,790,568` `-` `-` `-` `-` `-` `-` `-` `-` `-` `-` `-` `-` `$ 16,790,568`	`$ 2,000,000` `-` `-` `-` `-` `-` `-` `-` `-` `-` `$ 2,000,000` `$ 2,000,000` `-` `-` `-` `-` `-` `-` `-` `-` `-` `-` `-` `-` `$ 2,000,000`	`$ 27,456,298` `-` `-` `-` `-` `-` `-` `-` `226,894` `-` `$ 27,683,192` `$ 28,848,733` `-` `-` `-` `-` `-` `-` `-` `-` `(` `108,474 )` `-` `13,425` `-` `$ 28,753,684`		`$ 6,021,073` `-` `-` `-` `646,344` `-` `-` `-` `-` `-` `$ 6,667,417` `$ 6,667,417` `-` `-` `-` `816,223` `-` `-` `-` `-` `-` `-` `-` `-` `$ 7,483,640`	`$ 2,602,682` `-` `-` `-` `-` `2,818,012` `-` `-` `-` `-` `$ 5,420,694` `$ 5,420,694` `-` `-` `-` `-` `3,412,100` `-` `-` `-` `-` `-` `-` `-` `$ 8,832,794`	`$ 14,022,230` `6,036,162` `-` `6,036,162` `(` `646,344 )` `(` `2,818,012 )` `(` `4,029,736 )` `(` `115,068 )` `31,353` `-` `$ 12,480,585` `$ 14,575,304` `8,792,164` `50` `8,792,214` `(` `816,223 )` `(` `3,412,100 )` `(` `5,205,076 )` `(` `400,000 )` `189,116` `194,271` `(` `7,655 )` `-` `-` `$ 13,909,851`		`($ 5,414,694 )` `-` `(` `3,452,701 )` `(` `3,452,701 )` `-` `-` `-` `-` `-` `-` `($ 8,867,395 )` `($ 10,687,165 )` `-` `(` `2,186,000 )` `(` `2,160,384 )` `-` `-` `-` `-` `-` `-` `-` `-` `-` `($ 12,873,165 )`	`($` `6,000 )` `-` `1,468,031` `1,468,031` `-` `-` `-` `-` `-` `-` `$ 1,462,031` `$ 1,854,371` `-` `1,430,629` `1,430,629` `-` `-` `-` `-` `(` `189,116 )` `-` `-` `-` `-` `$ 3,095,884`	`$ 63,472,157` `6,036,162` `(` `1,984,670 )` `4,051,492` `-` `-` `(` `4,029,736 )` `(` `115,068 )` `258,247` `-` `$ 63,637,092` `$ 65,469,922` `8,792,164` `(` `755,321 )` `8,036,843` `-` `-` `(` `5,205,076 )` `(` `400,000 )` `-` `85,797` `(` `7,655 )` `13,425` `-` `$ 67,993,256`		`$` `494,938` `55,489` `(` `7,392 )` `48,097` `-` `-` `-` `-` `-` `(` `31,422 )` `$` `511,613` `$` `533,096` `127,618` `659` `128,277` `-` `-` `-` `-` `-` `-` `(` `24,650 )` `205,161` `(` `43,988 )` `$` `797,896`	`$ 63,967,095` `6,091,651` `(` `1,992,062 )` `4,099,589` `-` `-` `(` `4,029,736 )` `(` `115,068 )` `258,247` `(` `31,422 )` `$ 64,148,705` `$ 66,003,018` `8,919,782` `(` `754,662 )` `8,165,120` `-` `-` `(` `5,205,076 )` `(` `400,000 )` `-` `85,797` `(` `32,305 )` `218,586` `(` `43,988 )` `$ 68,791,152`

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

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WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020 (EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS) (REVIEWED, NOT AUDITED)

Cash flows from operating activities
Income before income tax
Adjustments
Income and expenses
Depreciation
Amortization
Expected credit impairment loss
Interest expense
Net gain on financial assets or liabilities at fair value
through profit or loss
Interest income
Dividend income
Share-based payments
Other income
Share of profit of associates and joint ventures
accounted for using the equity method
Loss on disposal of property, plant and equipment
Gain on disposal of non-current assets held for sale
(Gain) loss on lease modification
(Gain) loss on disposal of investment
Impairment loss
Changes in assets/liabilities relating to operating activities
Changes in assets relating to operating activities
Financial assets (liabilities) at fair value through
profit or loss - current
Notes receivable
Accounts receivable
Accounts receivable - related parties, net
Other receivables
Other receivables - related parties
Inventories
Prepayments
Other current assets
Changes in liabilities relating to operating activities
Notes payable
Accounts payable
Accounts payable - related parties
Other payables
Other current liabilities
Other non-current liabilities
Cash (outflow) inflow generated from operations
Interest paid
Income tax paid
Interest received
Dividends received
Net cash (used in) provided by operating activities Nine months ended September 30,
Notes
2021
2020
$
10,836,225 $
7,389,244
6(31)
664,951
553,275
6(13)(31)
55,520
47,770
37,376
195,575
6(30)
1,492,641
1,507,297
6(29)
(
149,317 ) (
158,989 )
6(27)
(
21,614 ) (
30,654 )
6(28)
(
57,668 ) (
43,741 )
6(21)
17,955
-
- (
6,052 )
(
1,338,273 ) (
599,715 )
6(29)
1,405
320
6(29)
(
457,864 )
-
6(29)
(
31,710 )
693
6(29)
(
471 )
26,975
6(29)
325,235
-

132,740
371,706
581,260 (
455,520 )
(
30,656,501 ) (
513,544 )
(
4,578 ) (
29,985 )
3,188,487 (
1,482,439 )
(
5,576 ) (
2,302 )
(
34,286,406 )
10,999,819
(
1,038,022 ) (
866,939 )
(
1,125,442 ) (
20,280 )
(
9,670 )
96,498
23,376,301
5,477,409
258,904
63,317
1,425,005
791,750
40,044 (
1,490,927 )
(
82,071 ) (
26,734 )
(
26,831,134 )
21,793,827
(
1,165,329 ) (
1,548,847 )
(
1,233,570 ) (
1,744,672 )
19,382
31,123
666,600
445,396

(
28,544,051 )
18,976,827

(Continued)

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WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020 (EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS) (REVIEWED, NOT AUDITED)

			Nine months ended September 30,	Nine months ended September 30,	Nine months ended September 30,
	Notes		`2021`		`2020`
Cash flows from investing activities
Acquisition of financial assets at fair value through other
comprehensive income - non-current		`( $`	`387,997 )`	`( $`	`455,451 )`
Proceeds from disposal of financial assets at fair value
through other comprehensive income - non-current			`232,317`		`-`
Proceeds from capital reduction of financial assets at fair
value through other comprehensive income			`-`		`7,079`
Increase in financial assets at amortized cost - current		`(`	`1,239,800 )`	`(`	`425,942 )`
Decrease in financial assets at amortized cost - current			`41,309`		`7,919`
Acquisition of financial assets at fair value through profit or
loss - non-current		`(`	`161,461 )`	`(`	`26,910 )`
Proceeds from disposal of financial assets at fair value
through profit or loss - non-current			`630`		`-`
Proceeds from capital reduction of financial assets at fair
value through profit or loss			`47,016`		`21,833`
Acquisition of investments accounted for under the equity
method		`(`	`10,531 )`		`-`
Increase in prepayments for investments	6(14)		`-`	`(`	`1,214,193 )`
Acquisition of property, plant and equipment and intangible	6(36)
assets		`(`	`1,635,761 )`	`(`	`5,566,848 )`
Proceeds from disposal of property, plant and equipment and
intangible assets			`6,457`		`2,122`
Proceeds from disposal of non-current assets held for sale			`795,964`		`-`
Increase in guarantee deposits paid		`(`	`35,411 )`	`(`	`16,976 )`
Decrease in guarantee deposits paid			`27,340`		`7,986`
Acquisition of right-of-use assets		`(`	`122,663 )`		`-`
Increase in other financial assets			`-`	`(`	`1,636 )`
Decrease in other financial assets			`1,578,012`		`248,498`
Decrease in other non-current assets			`9,051`		`90,958`
Net cash used in investing activities		`(`	`855,528 )`	`(`	`7,321,561 )`
Cash flows from financing activities
Principal repayment of lease liability	6(37)	`(`	`334,551 )`	`(`	`316,331 )`
Increase in short-term borrowings	6(37)		`484,763,893`		`433,565,133`
Decrease in short-term borrowings	6(37)	`(`	`458,975,794 )`	`(`	`446,291,974 )`
Increase in long-term borrowings (including current portion	6(37)
of long-term liabilities)			`11,150,549`		`25,802,919`
Decrease in long-term borrowings (including current portion	6(37)
of long-term liabilities)		`(`	`2,733,873 )`	`(`	`13,717,201 )`
Increase in short-term notes and bills payable	6(37)		`24,825,407`		`31,303,127`
Decrease in short-term notes and bills payable	6(37)	`(`	`22,471,803 )`	`(`	`31,962,474 )`
Increase in guarantee deposits received			`586,843`		`192,057`
Decrease in guarantee deposits received		`(`	`304,829 )`	`(`	`15,983 )`
Distribution of cash dividends	6(24)	`(`	`5,605,076 )`	`(`	`4,144,804 )`
Acquisition of ownership interests in subsidiaries	6(35)	`(`	`32,305 )`		`-`
Changes in non-controlling interests			`163,736`	`(`	`31,422 )`
Net cash provided by (used in) financing activities			`31,032,197`	`(`	`5,616,953 )`
Effect of exchange rate changes on cash and cash equivalents		`(`	`2,005,532 )`	`(`	`3,077,681 )`
Net (decrease) increase in cash and cash equivalents		`(`	`372,914 )`		`2,960,632`
Cash and cash equivalents at beginning of period			`11,020,020`		`9,992,582`
Cash and cash equivalents at end of period		`$`	`10,647,106`	`$`	`12,953,214`

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

~10~

WPG HOLDINGS LIMITED AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS, EXCEPT AS OTHERWISE INDICATED) (REVIEWED, NOT AUDITED)

1. HISTORY AND ORGANIZATION

(1) WPG Holdings Limited (the Company) was incorporated as a company limited by shares under the provisions of the Company Law of the Republic of China, and as a holding company of World Peace Industrial Co., Ltd. and Silicon Application Corporation by exchanging shares of common stock on November 9, 2005. The Company’s shares were listed on the Taiwan Stock Exchange (TSE) and approved by the Financial Supervisory Commission, Executive Yuan, Securities and Futures Bureau on the same date. After restructuring, Richpower Electronic Devices Co., Ltd. became the Company’s subsidiary on January 1, 2008. The Company acquired Pernas Electronics Co., Ltd., Asian Information Technology Inc., Yosun Industrial Corp. and AECO Technology Co., Ltd. by exchanging shares of common stock on July 16, 2008, February 6, 2009, November 15, 2010 and March 1, 2012, respectively. After the Company’s organization restructuring on January 1, 2014, World Peace Industrial Co., Ltd., Silicon Application Corp. and Yosun Industrial Corp. acquired 100% shares in AECO Technology Co., Ltd., Pernas Electronics Co., Ltd. and Richpower Electronic Devices Co., Ltd. through share exchange, and consequently, AECO Technology Co., Ltd., Pernas Electronics Co., Ltd. and Richpower Electronic Devices Co., Ltd. became indirectly owned subsidiaries. The Company originally evaluated Genuine C&C, Inc. using the equity method. The Company acquired partial stocks of Genuine C&C, Inc. on April 8, 2015 and completed the purchase on April 15, 2015. After the purchase, the Company held 60.5% shares of Genuine C&C, Inc. which became the Company’s directly owned subsidiary. On September 1, 2017, the stock swap between Trigold Holdings Limited (Trigold) and the shareholders who previously owned Genuine C&C, Inc. was conducted at a stock swap ratio of 1:1. On the same day, Trigold was established and began OTC trading whereas Genuine C&C, Inc. was unlisted at OTC. The Company and subsidiaries owned a total of 60.51% equity of Trigold after the stock swap. The Company and the subsidiaries included in these consolidated financial statements are collectively referred as the “Group”.
(2) The Company was organized to create the management mechanism of the group, supervise the subsidiaries, integrate the whole group and improve operational efficiency. The Company’s subsidiaries are mainly engaged in the distribution and sales of electronic / electrical components, sales of computer software and electrical products and sales of electronic / electrical components.
(3) As of September 30, 2021, the Company’s authorized capital was $25,000,000 (certain shares

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can be issued as preference shares, and $500,000 is reserved for employee stock option certificates, restricted stocks to employees, convertible preferred stock and convertible bonds), and the paid-in capital was $18,790,568 with a par value of $10 (in dollars) per share.

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

These consolidated financial statements were reported to the Board of Directors on November 9, 2021.

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

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

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

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

Note: Earlier application from January 1, 2021 is allowed by the FSC.

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

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

New standards, interpretations and amendments endorsed by the FSC effective from 2022 are as follows:

New Standards, Interpretations and Amendments Amendments to IFRS 3, ‘Reference to the conceptual framework’ Amendments to IAS 16, ‘Property, plant and equipment: proceeds before intended use’ Amendments to IAS 37, ‘Onerous contracts - cost of fulfilling a contract’ Annual improvements to IFRS Standards 2018 - 2020	Effective date by International Accounting Standards Board January 1, 2022 January 1, 2022 January 1, 2022 January 1, 2022

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

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

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

New Standards, Interpretations and Amendments
Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets
between an investor and its associate or joint venture’
IFRS 17, ‘Insurance contracts’
Amendments to IFRS 17, ‘Insurance contracts’
Amendments to IAS 1, ‘Classification of liabilities as current or
non-current’
Amendments to IAS 1, ‘Disclosure of accounting policies’
Amendments to IAS 8, ‘Definition of accounting estimates’
Amendments to IAS 12, ‘Deferred tax related to assets and
liabilities arising from a single transaction’

Effective date by
International Accounting
Standards Board
To be determined by
International Accounting
Standards Board
January 1, 2023
January 1, 2023
January 1, 2023
January 1, 2023
January 1, 2023
January 1, 2023

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

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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

(1) Compliance statement

A. The consolidated financial statements of the Group have been prepared in accordance with the “Regulations Governing the Preparation of Financial Reports by Securities Issuers” and the International Accounting Standard 34, ‘Interim financial reporting’ as endorsed by the FSC.
B. These consolidated financial statements are to be read in conjunction with the consolidated financial statements for the year ended December 31, 2020.

(2) Basis of preparation

A. Except for the following items, these consolidated financial statements have been prepared under the historical cost convention:
(a) Financial assets and financial liabilities (including derivative instruments) at fair value through profit or loss.
(b) Financial assets at fair value through other comprehensive income measured at fair value.
(c) Defined benefit liabilities recognized based on the net amount of pension fund assets

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less present value of defined benefit obligation.

B. The preparation of financial statements in conformity with International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations as endorsed by the FSC (collectively referred herein as the “IFRSs”) requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Group’s accounting policies. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 5.

(3) Basis of consolidation

A. Basis for preparation of consolidated financial statements:

Basis for preparation for the current period financial statements and the 2020 consolidated financial statements is the same.

B. Subsidiaries included in the consolidated financial statements:

Name of investor WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Investment Co., Ltd.	Name of subsidiary World Peace Industrial Co., Ltd. Silicon Application Corporation WPG Korea Co., Ltd. WPG Electronics Ltd. WPG International (CI) Limited Asian Information Technology Inc. Yosun Industrial Corp. WPG Investment Co., Ltd. Trigold Holdings Limited WPG ENEA B.V. Trigold Holdings Limited	Main business activities Agent and sales of electronic / electrical components Sales of computer software and electronic products Agent and sales of electronic / electrical components `〞` Holding company Sales of electronic / electrical components `〞` Investment company Holding company Sales of electronic / electrical components Holding company	Ownership (%)	Ownership (%)	September 30, 2020	Description
			September 30, 2021	December 31, 2020 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 60.50 0.00 0.01
			100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 58.86 100.00 1.25		100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 60.50 0.00 0.01	Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 14 and 17

~14~

Name of investor WPG Investment Co., Ltd. LaaS Holdings (Samoa) Limited LaaS Holdings (HK) Limited World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. AECO Technology Co., Ltd. Teco Enterprise Holding (B.V.I.) Co., Ltd. World Peace International (BVI) Ltd. Prime Future Technology Limited World Peace International (BVI) Ltd. World Peace International Pte. Ltd. World Peace International Pte. Ltd. World Peace International Pte. Ltd. World Peace International (South Asia) Pte Ltd.	Name of subsidiary LaaS Holdings (Samoa) Limited LaaS Holdings (HK) Limited LaaS (Dongguan) Supply Chain Management Limited World Peace International (BVI) Ltd. WPI Investment Holding (BVI) Company Ltd. Longview Technology Inc. AECO Technology Co., Ltd. Teco Enterprise Holding (B.V.I.) Co., Ltd. AECO Electronic Co., Ltd. Prime Future Technology Limited World Peace International Pte. Ltd. World Peace International Pte. Ltd. Genuine C&C (IndoChina) Pte., Ltd. WPG Americas Inc. World Peace International (South Asia) Pte Ltd. World Peace International (India) Pvt., Ltd.	Main business activities Holding company `〞` Intelligent warehousing enhanced services Holding company `〞` Agent and sales of electronic / electrical components `〞` Investment company Trading of electronic / electrical products Holding company `〞` `〞` Agent and sales of electronic / electrical components `〞` `〞` `〞`	Ownership (%)	Ownership (%)	September 30, 2020	Description
			September 30, 2021	December 31, 2020 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 0.00 100.00 80.00 4.31 100.00 100.00
			100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 0.00 100.00 80.00 4.31 100.00 100.00		100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 80.00 4.31 100.00 100.00	Notes 9, 17 and 18 Notes 9, 17 and 18 Notes 11, 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 12 and 18 Notes 12 and 18 Notes 12 and 17 Notes 17 and 18 Note 2 Notes 17 and 18

~15~

Name of investor World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. WPI Investment Holding (BVI) Company Ltd. WPI Investment Holding (BVI) Company Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited Longview Technology Inc. Longview Technology Inc. Longview Technology GC Limited Long-Think International (Hong Kong) Limited Silicon Application Corporation Silicon Application Corporation Silicon Application Corporation Silicon Application Corporation Pernas Electronics Co., Ltd.	Name of subsidiary WPG C&C (Malaysia) Sdn. Bhd WPG C&C (Thailand) Co., Ltd. WPG C&C Computers And Peripheral (India) Private Limited WPI International (Hong Kong) Limited World Peace International (Asia) Limited WPG C&C Limited AIO Components Company Limited Longview Technology GC Limited Long-Think International Co., Ltd. Long-Think International (Hong Kong) Limited Long-Think International (Shanghai) Limited Silicon Application (BVI) Corp. Win-Win Systems Ltd. SAC Components (South Asia) Pte. Ltd. Pernas Electronic Co., Ltd. Everwiner Enterprise Co., Ltd.	Main business activities Agent and sales of electronic / electrical component Agent and sales of information products Agent and sales of electronic / electrical components `〞` `〞` Agent and sales of information products Agent and sales of electronic / electrical components Holding company Agent and sales of electronic / electrical components `〞` `〞` Holding company `〞` Sales of computer software, hardware and electronic products Agent and sales of electronic / electrical components `〞`	Ownership (%)	Ownership (%)	September 30, 2020	Description
			September 30, 2021	December 31, 2020 100.00 100.00 100.00 100.00 0.00 100.00 100.00 100.00 100.00 100.00 0.00 100.00 100.00 100.00 100.00 100.00
			100.00 100.00 100.00 100.00 0.00 100.00 0.00 100.00 100.00 100.00 0.00 100.00 100.00 100.00 100.00 100.00		100.00 100.00 100.00 100.00 0.00 100.00 100.00 100.00 100.00 100.00 0.00 100.00 100.00 100.00 100.00 100.00	Notes 17 and 18 Notes 3, 17 and 18 Notes 17 and 18 Note 10 Notes 17 and 18 Notes 15 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Note 8 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18

~16~

Name of investor Silicon Application (BVI) Corp. Silicon Application Company Limited WPG Korea Co., Ltd. Apache Communication Inc. (B.V.I.) WPG International (CI) Limited WPG International (CI) Limited WPG International (CI) Limited WPG International (CI) Limited WPG International (CI) Limited WPG International (Hong Kong) Limited WPG International (Hong Kong) Limited WPG International (Hong Kong) Limited WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd.	Name of subsidiary Silicon Application Company Limited Dstar Electronic Company Limited Apache Communication Inc. (B.V.I.) Apache Korea Corp. WPG International (Hong Kong) Limited WPG Americas Inc. WPG South Asia Pte. Ltd. WPG Cloud Service Limited WPG Gain Tune Ltd. WPG Electronics (Hong Kong) Limited WPG China Inc. WPG China (SZ) Inc. WPG Malaysia Sdn. Bhd WPG (Thailand) Co., Ltd. WPG India Electronics Pvt. Ltd. WPG Electronics (Philippines) Inc.	Main business activities Sales of computer software and electronic products Sales of computer software and electronic products Investment company Sales of electronic / electrical products Holding company Agent and sales of electronic / electrical components Sales of electronic / electrical products General trading Agent for selling electronic / electrical components `〞` `〞` Sales of computer software and electronic products Agent and sales of electronic / electrical components `〞` `〞` `〞`	Ownership (%)	Ownership (%)	September 30, 2020	Description
			September 30, 2021	December 31, 2020 100.00 100.00 100.00 100.00 100.00 95.69 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 99.99 100.00
			100.00 0.00 100.00 100.00 100.00 95.69 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 99.99 100.00		100.00 100.00 100.00 100.00 100.00 95.69 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 99.99 100.00	Notes 17 and 18 Notes 16 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Note 2 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 5, 17 and 18 Notes 6, 17 and 18 Notes 4, 17 and 18

~17~

Name of investor WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. WPG Malaysia Sdn. Bhd Asian Information Technology Inc. Asian Information Technology Inc. Asian Information Technology Inc. Asian Information Technology Inc. Frontek Technology Corporation Fame Hall International Co., Ltd. Frontek International Limited Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Richpower Electronic Devices Co., Ltd. Richpower Electronic Devices Co., Ltd. Sertek Incorporated Suntop Investments Limited Suntop Investments Limited	Name of subsidiary WPG SCM Limited WPG Vietnam Co., Ltd. WPG India Electronics Pvt. Ltd. Apache Communication Inc. Henshen Electric Trading Co., Ltd. Frontek Technology Corporation Fame Hall International Co., Ltd. Frontek International Limited AIT Japan Inc. Gather Technology Incorporation Limited Sertek Incorporated Suntop Investments Limited Richpower Electronic Devices Co., Ltd. Richpower Electronic Devices Co., Limited Richpower Electronic Devices Pte., Ltd. Sertek Limited Yosun Hong Kong Corp. Ltd. Yosun Singapore Pte Ltd.	Main business activities Agent and sales of electronic / electrical components `〞` Agent and sales of electronic / electrical components Sales of electronic / electrical products `〞` `〞` Investment company `〞` Sales of electronic / electrical products `〞` `〞` Investment company Sales of electronic / electrical components Sales of electronic / electrical products `〞` Sales of electronic / electrical components `〞` `〞`	Ownership (%)	Ownership (%)	September 30, 2020	Description
			September 30, 2021	December 31, 2020 100.00 100.00 0.01 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
			100.00 100.00 0.01 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00		100.00 100.00 0.01 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00	Notes 7, 17 and 18 Notes 6, 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18

~18~

Name of investor Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Trigold Holdings Limited Trigold Holding Limited Trigold (Hong Kong) Company Limited Trigold (Hong Kong) Company Limited Triglod (Hong Kong) Company Limited Trigold (Hong Kong) Company Limited Trigolduo (Shanghai) Industrial Development Ltd. Genuine C&C, Inc. Genuine C&C, Inc. Peng Yu (Shanghai) Digital Technology Co., Ltd.	Name of subsidiary Yosun South China Corp. Ltd. Yosun Shanghai Corp. Ltd. Genuine C&C Inc. Trigold (Hong Kong) Company Limited Peng Yu (Shanghai) Digital Technology Co., Ltd. WPG C&C Shanghai Co., Ltd. Trigolduo (Shanghai) Industrial Development Ltd. Peng Yu Trigold Limited Trigold Tongle (Shanghai) Industrial Development Ltd. Hoban Inc. Genuine C&C Holding Inc. (Seychelles) Peng Yu International Limited	Main business activities Sales of electronic / electrical components Warehouse business and sales of electronic components Sales of computer and its peripherals Holding company Sales of electronic/ electrical products `〞` Children’s indoor amusement park Sales of electronic/ electrical products Children’s indoor amusement park An E-commerce company which operates B2C and O2O businesses Holding company Sales of electronic/electrical products	Ownership (%)	Ownership (%)	September 30, 2020	Description
			September 30, 2021	December 31, 2020 100.00 100.00 100.00 100.00 100.00 100.00 70.00 0.00 100.00 100.00 100.00 100.00
			100.00 100.00 100.00 100.00 100.00 100.00 70.00 100.00 100.00 100.00 100.00 100.00		100.00 100.00 100.00 100.00 100.00 100.00 70.00 0.00 100.00 100.00 100.00 100.00	Notes 17 and 18 Notes 17 and 18 Notes 18 Notes 17 and 18 Notes 13and 17 Notes 17 and 18 Notes 17 and 18 Notes 17 and 18

Note 1: The combined ownership percentage of common shares held by the Company and its subsidiaries is more than 50% or has control power.
Note 2: World Peace Industrial Co., Ltd. totally held 4.31% of shares of WPG Americas Inc. through World Peace International Pte Ltd. and WPI International (Hong Kong) Limited. Along with shares of WPG Americas Inc. held by WPG International (CI) Limited, the total shareholding ratio is 100%.
Note 3: Due to restriction of local regulations, the Company holds 51% ownership which is under the name of other individuals. The substantial ownership held by the Company is 100%.
Note 4: Due to restriction of local regulations, the Company holds 62% ownership which is under the name of other individuals. The substantial ownership held by the Company is 100%.

~19~

Note 5: Due to restriction of local regulations, the Company holds 61% ownership which is under the name of other individuals. The substantial ownership held by the Company is 100%.
Note 6: WPG South Asia Pte. Ltd. and WPG Malaysia Sdn. Bhd. separately hold 99.99% and 0.01% of shares of the subsidiary, respectively, and both companies together hold 100% of shares of the subsidiary.
Note 7: The subsidiary was established in January 2020.
Note 8: The subsidiary was liquidated in August 2020.
Note 9: The subsidiary was established in June 2020.
Note 10: The subsidiary was liquidated in September 2020.
Note 11: The subsidiary was established in August 2020.
Note 12: World Peace International (BVI) Ltd. merged with Prime Future Technology Limited, and the effective date for the merger was set on October 31, 2020. Under the merger, Prime Future Technology Limited was the dissolved company while World Peace International (BVI) Limited was the surviving company. The equity interest of World Peace International Pte Ltd. held by Prime Future Technology Limited was transferred to World Peace International (BVI) Limited.
Note 13: The subsidiary was established in January 2021.
Note 14: The subsidiary was established in March 2021.
Note 15: The subsidiary was liquidated in July 2021.
Note 16: The subsidiary was liquidated in June 2021.
Note 17: The financial statements of the entity as of and for the nine months ended September 30, 2021 were not reviewed by independent auditors as the entity did not meet the definition of a significant subsidiary.
Note 18: The financial statements of the entity as of and for the nine months ended September 30, 2020 were not reviewed by independent auditors as the entity did not meet the definition of a significant subsidiary.
C. Subsidiaries not included in the consolidated financial statements: None.
D. Adjustments for subsidiaries with different balance sheet dates: None.
E. Significant restrictions: None.
F. Subsidiaries that have non-controlling interests that are material to the Group:

As of September 30, 2021, December 31, 2020 and September 30, 2020, the non-controlling interest amounted to $797,896, $533,096 and $511,613, respectively. The information on non-controlling interest and respective subsidiaries is as follows:

~20~

Name of subsidiary Trigold Holdings Limited and its subsidiaries (Note)	Principal place of business Taiwan	Non-controlling interest	Non-controlling interest	September 30,2020 Amount Ownership `$ 472,319 39.49%`
		September 30,2021 Amount Ownership `$ 763,959 39.89%`	December 31, 2020 Amount Ownership `$ 495,830 39.49%`
		Amount `$ 763,959`	Amount `$ 495,830`	Amount `$ 472,319`

Note: Details of equity interest of Trigold Holdings Limited held by the Company are provided in Note 1(1).

Summarized financial information of the subsidiaries:

(a) Balance sheets

Balance sheets
	Trigold Holdings Limited and its subsidiaries
	September 30, 2021	December 31, 2020	September 30, 2020
Current assets	`$ 5,453,089`	`$ 4,515,511`	`$ 5,492,219`
Non-current assets	`336,563`	`356,673`	`350,509`
Current liabilities	`( 3,736,599)`	`( 3,387,836)`	`( 4,416,504)`
Non-current liabilities	`( 142,745)`	`( 230,216)`	`( 230,141)`
Total net assets	`1,910,308`	`1,254,132`	`1,196,083`
Less: Non-controlling
interest	`( 4,671)`	`( 1,131)`	`340`
Equity attributable to
owners of the parent
company	`$ 1,914,979`	`$ 1,255,263`	`$ 1,195,743`

(b) Statements of comprehensive income

Statements of comprehensive income
Revenue Profit before tax Income tax expense `(` Profit for the period Other comprehensive (loss) income, net of tax `(` Total comprehensive income Total comprehensive loss attributable to non-controlling interest `(` Dividends paid to non-controlling interests	Trigold Holdings Limited and its subsidiaries Three months ended September 30, `2021` `2020` `$ 4,667,922` `$ 5,794,677` `130,705` `116,409` `32,330)` `( 38,038)` `98,375` `78,371` `509)` `4,136` `$ 97,866` `$ 82,507` `$ 980)` `($ 1,299)` `$-` `$-`
	`2021` `$ 4,667,922` `130,705` `32,330)` `(` `98,375` `509)` `$ 97,866` `$ 980)` `(` `$-`

~21~

Revenue Profit before tax Income tax expense `(` Profit for the period Other comprehensive loss, net of tax`(` Total comprehensive income Total comprehensive loss attributable to non-controlling interest `(` Dividends paid to non-controlling interests	Trigold Holdings Limited and its subsidiaries Nine months ended September 30, `2021` `2020` `$ 13,679,727` `$ 13,891,679` `422,297` `217,922` `96,321)` `( 68,669)` `325,976` `149,253` `16,396)` `( 11,359)` `$ 309,580` `$ 137,894` `$ 3,540)` `($ 6,786)` `$ 43,988` `$ 31,422`
	`2021` `$ 13,679,727` `422,297` `96,321)` `(` `325,976` `16,396)` `(` `$ 309,580` `$ 3,540)` `(` `$ 43,988`

(c) Statements of cash flows

Statements of cash flows
	Trigold Holdings Limited and its subsidiaries
	Nine months ended September 30,
	`2021`	`2020`
Net cash provided by operating
activities	`$ 329,398`	`$ 1,634,298`
Net cash used in investing activities	`( 13,592)`	`( 38,869)`
Net cash used in financing activities	`( 338,075)`	`( 1,303,617)`
Effect of exchange rates on cash and
cash equivalents	`( 23,852)`	`( 5,937)`
(Decrease) increase in cash and cash
equivalents	`( 46,121)`	`285,875`
Cash and cash equivalents, beginning
of period	`1,019,529`	`394,001`
Cash and cash equivalents, end of
period	`$ 973,408`	`$ 679,876`

(4) Employee benefits

A. Short-term employee benefits

Short-term employee benefits are measured at the undiscounted amount of the benefits expected to be paid in respect of service rendered by employees in a period and should be recognized as expenses in that period when the employees render service.

B. Pensions

(a) Defined contribution plans

For defined contribution plans, the contributions are recognized as pension expenses when they are due on an accrual basis. Prepaid contributions are recognized as an asset to the extent of a cash refund or a reduction in the future payments.

(b) Defined benefit plans

i. Net obligation under a defined benefit plan is defined as the present value of an amount of pension benefits that employees will receive on retirement for their

~22~

services with the Group in current period or prior periods. The liability recognized in the balance sheet in respect of defined benefit pension plans is the present value of the defined benefit obligation at the balance sheet date less the fair value of plan assets. The net defined benefit obligation is calculated annually by independent actuaries using the projected unit credit method. The rate used to discount is determined by using interest rates of government bonds (at the balance sheet date) of a currency and term consistent with the currency and term of the employment benefit obligations.

     - ii. Remeasurements arising on defined benefit plans are recognized in other comprehensive income in the period in which they arise and are recorded as retained earnings.

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

C. Employees’ compensation and directors’ remuneration
- Employees’ compensation and directors’ remuneration are recognized as expenses and liabilities, provided that such recognition is required under legal or constructive obligation and those amounts can be reliably estimated. Any difference between the resolved amounts and the subsequently actual distributed amounts is accounted for as changes in estimates. If employee compensation is distributed by shares, the Group calculates the number of shares based on the closing price at the previous day of the board meeting resolution.
(5) Income tax
A. The tax expense for the period comprises current and deferred tax. Tax is recognized in profit or loss, except to the extent that it relates to items recognized in other comprehensive income or items recognized directly in equity, in which cases the tax is recognized in other comprehensive income or equity.
B. The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where the Company and its subsidiaries operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in accordance with applicable tax regulations. It establishes provisions where appropriate based on the amounts expected to be paid to the tax authorities. An additional tax is levied on the unappropriated retained earnings and is recorded as income tax expense in the year the stockholders resolve to retain the earnings.
C. Deferred tax is recognized, using the balance sheet liability method, on temporary

~23~

differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated balance sheet. However, the deferred tax is not accounted for if it arises from initial recognition of goodwill or of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss. Deferred tax is provided on temporary differences arising on investments in subsidiaries and associates, except where the timing of the reversal of the temporary difference is controlled by the Group and it is probable that the temporary difference will not reverse in the foreseeable future. Deferred tax is determined using tax rates and laws that have been enacted or substantially enacted by the balance sheet date and are expected to apply when the related deferred tax asset is realized or the deferred tax liability is settled.

D. Deferred tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilized. At each balance sheet date, unrecognized and recognized deferred tax assets are reassessed.
E. Current income tax assets and liabilities are offset and the net amount reported in the balance sheet when there is a legally enforceable right to offset the recognized amounts and there is an intention to settle on a net basis or realize the asset and settle the liability simultaneously. Deferred income tax assets and liabilities are offset on the balance sheet when the entity has the legally enforceable right to offset current tax assets against current tax liabilities and they are levied by the same taxation authority on either the same entity or different entities that intend to s ettle on a net basis or realize the asset and settle the liability simultaneously.
F. The interim period income tax expense is recognized based on the estimated average annual effective income tax rate expected for the full financial year applied to the pretax income of the interim period, and the related information is disclosed accordingly.

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

The preparation of these consolidated financial statements requires management to make critical judgements in applying the Group’s accounting policies and make critical assumptions and estimates concerning future events. Assumptions and estimates may differ from the actual results and are continually evaluated and adjusted based on historical experience and other factors. Such assumptions and estimates have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year; and the related information is addressed below:

(1) Critical judgements in applying the Group’s accounting policies

Revenue recognition on a net/gross basis

The Group determines whether the nature of its performance obligation is to provide the specified goods or services itself (i.e. the Group is a principal) or to arrange for the other party to provide those goods or services (i.e. the Group is an agent) based on the transaction model

~24~

and its economic substance. The Group is a principal if it controls a promised good or service before it transfers the good or service to a customer. The Group recognizes revenue at gross amount of consideration to which it expects to be entitled in exchange for those goods or services transferred. The Group is an agent if its performance obligation is to arrange for the provision of goods or services by another party. The Group recognizes revenue at the amount of any fee or commission to which it expects to be entitled in exchange for arranging for the other party to provide its goods or services.

Indicators that the Group controls the good or service before it is provided to a customer include the following:

A. The Group is primarily responsible for the provision of goods or services.
B. The Group assumes the inventory risk before transferring the specified goods or services to the customer or after transferring control of the goods or services to the customer.
C. The Group has discretion in establishing prices for the goods or services.
(2) Critical accounting estimates and assumptions
A. Impairment assessment of goodwill
- The impairment assessment of goodwill relies on the Group’s subjective judgement, including identifying cash-generating units, allocating assets and liabilities as well as goodwill to related cash-generating units, and determining the recoverable amounts of related cash-generating units. Please refer to Note 6(13) for the information on goodwill impairment.
B. Valuation of provision for allowance for accounts receivable
- In the process of assessing uncollectible accounts, the Group must use judgements and assumptions to determine the collectability of accounts receivable. The collectability is affected by various factors: customers’ financial conditions, the Company’s internal credit ratings, historical experience, current economic conditions, etc. When sales are not expected to be collected, the Group recognizes a specific allowance for doubtful receivables after the assessment. The assumptions and estimates of allowance for uncollectible accounts are based on concerning future events as that on the balance sheet date. Assumptions and estimates may differ from the actual results which may result in a material adjustment. Please refer to Note 12(2) for the information on assessing uncollectible accounts for doubtful receivables.

6. DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

Petty cash and cash on hand Checking accounts deposits Demand deposits Time deposits	September 30, 2021 `$ 6,583` `2,125,840` `7,363,476` `1,151,207` `$ 10,647,106`	December 31, 2020 `$ 4,683` `2,539,463` `7,372,219` `1,103,655` `$ 11,020,020`	September 30, 2020 `$ 4,571` `2,407,904` `9,663,252` `877,487` `$ 12,953,214`

A. The Group transacts with a variety of financial institutions all with high credit quality to

~25~

disperse credit risk, so it expects that the probability of counterparty default is remote. B. There were no cash and cash equivalents pledged to others.

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

Items	September 30,	September 30,	2021	December	31, 2020	September 30, 2020
Current items:
Financial assets mandatorily
measured at fair value
through profit or loss
Listed stocks	`$`	`10,200`		`$`	`46,532`	`$ 52,297`
Derivatives		`4,004`			`3,827`	`9,705`
		`14,204`			`50,359`	`62,002`
Valuation adjustment	`(`		`605)`		`36,765`	`32,772`
	`$`	`13,599`		`$`	`87,124`	`$ 94,774`

Financial liabilities held for
trading
Derivatives	`$`	`3,506`		`$`	`2,737`	`$ 4,458`

Non-current items:
Financial assets mandatorily
measured at fair value
through profit or loss
Listed stocks	`$`	`182,196`		`$`	`119,256`	`$ 119,257`
Emerging stocks		`49,605`			`49,605`	`49,605`
Unlisted stocks		`1,515,481`		`1,474,855`		`1,460,455`
		`1,747,282`		`1,643,716`		`1,629,317`
Valuation adjustment	`(`	`198,095)`		`(`	`296,910)`	`( 284,295)`
	`$`	`1,549,187`		`$ 1,346,806`		`$ 1,345,022`
A. Amounts recognized in	profit (loss) in		relation to financial assets			at fair value through
profit or loss are listed below:
				Three months ended September 30,
				`2021`		`2020`
Financial assets mandatorily measured at
fair value through profit or loss
Equity instruments			`$`	`32,363`		`$ 16,567`
Derivatives			`(`		`2,498)`	`24,987`
			`$`	`29,865`		`$ 41,554`
				Nine months ended September 30,
				`2021`		`2020`
Financial assets mandatorily measured at
fair value through profit or loss
Equity instruments			`$`	`141,648`		`$ 38,749`
Derivatives					`7,669`	`120,240`
			`$`	`149,317`		`$ 158,989`

~26~

B. The Group entered into contracts relating to derivative financial assets/liabilities which were not accounted for under hedge accounting. The information is listed below:

Derivative financial instruments Current items: Forward foreign exchange contracts - Sell - Sell-SWAP - Buy Futures	September 30, 2021	September 30, 2021
	Contract amount (notional principal) (Note) USD 500 RMB 30,000 EUR 750 USD 10,000 USD 17,273 EUR 3,000 $ 3,390	Contract period
		2021.09.17~2021.12.29 2021.08.23~2021.12.01 2021.09.02~2021.11.03 2021.09.14~2021.12.17 2021.06.28~2021.11.29 2021.09.13~2021.10.14 2021.09.30~2021.10.20

Derivative financial instruments Current items: Forward foreign exchange contracts - Sell - Sell Swap - Buy Futures	December 31, 2020	December 31, 2020
	Contract amount (notional principal) (Note) EUR 500 USD 13,000 USD 16,890 EUR 2,500 $ 5,873	Contract period
		2020.12.15~2021.01.14 2020.12.22~2021.01.28 2020.09.29~2021.02.25 2020.12.11~2021.01.14 2020.12.30~2021.01.20

Derivative financial instruments Current items: Forward foreign exchange contracts - Sell - Sell-SWAP - Buy Futures	September 30, 2020	September 30, 2020
	Contract amount (notional principal) (Note) RMB 40,000 EUR 3,000 USD 42,950 USD 14,109 EUR 5,000 $ 5,011	Contract period
		2020.07.06~2020.12.14 2020.09.10~2020.10.14 2020.09.03~2020.10.26 2020.08.06~2020.01.28 2020.09.03~2020.10.14 2020.09.30~2020.10.21

~27~

Note: Amounts are expressed in thousands.

(a) Forward foreign exchange contracts
The Group entered into forward exchange contracts to manage exposures to foreign exchange rate fluctuations of import or export sales. However, the forward exchange contracts did not meet the criteria for hedge accounting. Therefore, the Group did not apply hedge accounting.
(b) Futures

The futures which are owned by the Group are stock index futures aiming to earn the spread. As of September 30, 2021, December 31, 2020 and September 30, 2020, the balance of margin in the account were $3,651, $3,147 and $2,655, and the amount of excess margin were $3,467, $2,881 and $2,359, respectively.

C. Details of the Group’s financial assets at fair value through profit or loss pledged to others as collateral are provided in Note 8.
D. Information relating to credit risk of financial assets at fair value through profit or loss is provided in Note 12(2).

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

Items Non-current items: Equity instruments Listed stocks Unlisted stocks Valuation adjustment	September 30, 2021 `$ 2,041,050` `40,956` `2,082,006` `1,258,332` `$ 3,340,338`	December 31, 2020 `$ 1,696,254` `40,956` `1,737,210` `94,184` `$ 1,831,394`	September 30, 2020 `$ 445,451` `40,956` `486,407` `42,971` `$ 529,378`

A. The Group has elected to classify equity investments that are considered to be strategic investments as financial assets at fair value through other comprehensive income. The fair value of such investments amounted to $3,340,338, $1,831,394 and $529,378 as at September 30, 2021, December 31, 2020 and September 30, 2020, respectively.
B. Amounts recognized in profit or loss and other comprehensive income in relation to the financial assets at fair value through other comprehensive income are listed below:

mprehensive income are listed below:	mprehensive income are listed below:
Three months ended September 30,
`2021`	`2020`

	`2021`	`2020`
Financial assets at fair value through other comprehensive income Fair value change recognized in other comprehensive income `(` Cumulative gains (losses) reclassified to retained earnings due to derecognition	`$ 1,537,331)` `$ 189,116`	`$ 41,427` `$-`

~28~

Financial assets at fair value through other comprehensive income Fair value change recognized in other comprehensive income Cumulative gains (losses) reclassified to retained earnings due to derecognition	Nine months ended September 30,	Nine months ended September 30,
	`2021` `$ 1,353,264` `$ 189,116`	`2020` `$ 48,971` `$-`

C. As at September 30, 2021, December 31, 2020 and September 30, 2020, without taking into account any collateral held or other credit enhancements, the maximum exposure to credit risk in respect of the amount that best represents the financial assets at fair value through other comprehensive income held by the Group amounted to $2,082,006, $1,737,210 and $486,407, respectively.
D. The Group has no financial assets at fair value through other comprehensive income pledged to others as collateral.
E. Information relating to credit risk of financial assets at fair value through other comprehensive income is provided in Note 12(2).

(4) Financial assets at amortized cost

Items Current items: Time deposits Non-current items: Earmarked repatriated funds	September 30, 2021 `$ 220,549` `$ 1,447,066`	December 31, 2020 `$ 246,682` `$ 225,681`	September 30, 2020
			`$ 169,284`
			`$ 329,420`

A. Amounts recognized in profit or loss in relation to financial assets at amortized cost are listed below:

listed below:
Interest income Interest income	Three months ended September 30,
	`2021` `2020` `$ 1,840` `$ 1,947` Nine months ended September 30,	`2020`
		`$ 1,947`
	`2021` `$ 2,857`	`2020`
		`$ 2,440`

B. As of September 30, 2021, December 31, 2020 and September 30, 2020, the Group’s certain offshore funds in the amount of $1,447,066, $225,681 and $329,420 are restricted under the Management, Utilization, and Taxation of Repatriated Offshore Funds Act, respectively, and were reclassified as financial assets at amortized cost-non-current.
C. Details of the Group’s financial assets at amortized cost pledged to others as collateral are provided in Note 8.

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D. Information relating to credit risk of financial assets at amortized cost is provided in Note 12(2).
(5) Notes and accounts receivable

	September 30,	2021	December 31, 2020 September 30, 2020	December 31, 2020 September 30, 2020	December 31, 2020 September 30, 2020	December 31, 2020 September 30, 2020	December 31, 2020 September 30, 2020
Notes receivable	`$ 2,629,717`		`$`		`3,210,978` `$`		`2,432,617`
Less: Allowance for
uncollectible accounts	`(`	`1)`	`(`		`2)`		`-`
	`$ 2,629,716`		`$`		`3,210,976` `$`		`2,432,617`
Accounts receivable	`$ 139,524,256`		`$`	`108,939,299` `$`		`112,013,942`
Less: Allowance for
uncollectible accounts	`( 684,428)`		`(`		`718,272)` `(`		`1,061,941)`
	`$ 138,839,828`		`$`	`108,221,027` `$`		`110,952,001`
A. The ageing analysis of accounts receivable and			notes receivable is as follows:
	September 30, 2021				December	31,	2020
	Accounts	Notes			Accounts		Notes
	receivable	receivable			receivable	receivable
Not past due	`$132,179,559`	`$ 2,629,673`			`$102,903,136`	`$`	`3,207,616`
One month	`6,480,346`		`44`		`5,126,579`		`3,362`
Two months	`279,676`			`-`	`217,114`		`-`
Three months	`46,000`			`-`	`54,657`		`-`
Four months	`13,253`			`-`	`54,784`		`-`
Over four months	`525,422`			`-`	`583,029`		`-`
	`$139,524,256`	`$ 2,629,717`			`$108,939,299`	`$`	`3,210,978`
					September 30,		2020
					Accounts		Notes
					receivable	receivable
Not past due					`$104,812,706`	`$`	`2,432,617`
One month					`5,571,291`		`-`
Two months					`284,760`		`-`
Three months					`250,799`		`-`
Four months					`143,977`		`-`
Over four months					`950,409`		`-`
					`$112,013,942`	`$`	`2,432,617`

The above ageing analysis was based on the number of months past due.

B. As of September 30, 2021, December 31, 2020, September 30, 2020 and January 1, 2020, the Group’s receivables (including notes receivable) arising from contracts with customers amounted to $142,153,973, $112,150,277, $114,446,559 and $113,555,690, respectively.
C. The Group has no notes and accounts receivable pledged to others as collateral.
D. As at September 30, 2021, December 31, 2020 and September 30, 2020, without taking into account any collateral held or other credit enhancements, the maximum exposure to

~30~

credit risk in respect of the amount that best represents the Group’s notes receivable was $2,629,716, $3,210,976 and $2,432,617, and accounts receivable was $138,839,828, $108,221,027 and $110,952,001, respectively.

E. Information relating to credit risk of accounts receivable and notes receivable is provided in Note 12(2).
(6) Transfer of financial assets Transferred financial assets that are derecognized in their entirety
The Group entered into factoring of accounts receivable with banks. In accordance with the contract requirements, the Group shall only be liable for the losses incurred on any commercial dispute and did not assume the risk of uncollectible accounts receivable. The Group does not have any continuing involvement in the transferred accounts receivable. The derecognized amounts had already deducted the estimated commercial disputes. The commercial papers and time deposits pledged to the banks are for losses incurred only on commercial disputes or for the banks’ practice of accounts receivable factoring. The pledged commercial papers and time deposits do not cover losses other than those arising from commercial disputes. As of September 30, 2021, December 31, 2020 and September 30, 2020, outstanding accounts receivable were as follows:

September 30, 2021

	September 30, 2021
Purchaser of accounts receivable Cathay United Bank Mega International Commercial Bank CTBC Bank E. SUN Commercial Bank Taipei Fubon Commercial Bank Yuanta Commercial Bank The Hong Kong and Shanghai Banking Corporation Limited Standard Chartered Bank Taishin International Bank Bank SinoPac Far Eastern International Bank Chang Hwa Bank DBS Bank	Accounts receivable transferred Amount derecognized Facilities (In thousands) Amount advanced Interest rate of amount advanced `$ 486,635 $ 486,635`USD `50,000 $ 486,635`0.61%~0.64% `2,821,295 2,821,295`USD $ `145,000` `410,000` `2,566,606`0.85%~1.45% `5,511,068 5,511,068`USD `196,400 4,766,579`0.65%~0.94% $ `5,162,000` `3,613,586 3,613,586`USD $ `227,700` `20,000` `2,585,583` 0.7%~1.06% `444,186 444,186`USD $ `23,000` `1,474,300` `442,203`0.73%~0.95% `668,678 668,678`USD `32,500 416,935`0.92%~1.01% `7,089,104 7,089,104`USD `298,500 7,040,575`0.83%~1.95% `34,444 34,444`USD `3,000 -` - `5,570,631 5,570,631`USD $ `15,000` `10,300,000` `3,493,143`0.67%~1.04% `1,851,491 1,851,491`USD `95,000 1,346,772`0.68%~1.11% `157,112 157,112`USD $ `19,000` `400,000` `87,382` 0.97%~1% `573,513 573,513`USD `25,000 206,472` 0.78% `5,227,299 5,227,299`USD `274,000 4,946,690`0.61%~0.81%	Pledged assets
		Note 1 Note 2 Note 3 Note 4 Note 5 Note 6 Note 7 None Note 8 Note 9 Note 10 Note 11 Note 12

~31~

September 30, 2021

	September 30, 2021
Purchaser of accounts receivable Taiwan Cooperative Bank Hang Seng Bank KGI Bank Bank of Taiwan Mizuho Bank	Accounts receivable transferred Amount derecognized Facilities (In thousands) Amount advanced Interest rate of amount advanced `$ 61,313 $ 61,313`USD $ `3,000` `15,000` `$ 32,794`0.79%~0.84% `9,954,281 9,954,281`USD `442,000 9,763,409` 1.02%~1.3% `628,016 628,016`USD `22,000 87,766` 0.95% $ `950,000` `300,621 300,621`USD `17,000 300,621`0.67%~0.76% `613,500 613,500`USD `50,000 613,500`0.88%~1.18%	Pledged assets
		Note 13 None Note 14 Note 15 Note 16

Note 1: The Group has signed commercial papers amounting to USD 50,000 thousand that were pledged to others as collateral.
Note 2: The Group has signed commercial papers amounting to USD 145,000 thousand and $410,000 that were pledged to others as collateral.
Note 3: The Group has signed commercial papers amounting to USD 19,640 thousand and $516,200 that were pledged to others as collateral.
Note 4: The Group has signed commercial papers amounting to USD 227,700 thousand and $20,000 that were pledged to others as collateral.
Note 5: The Group has signed commercial papers amounting to $37,000 that were pledged to others as collateral.
Note 6: The Group has signed commercial papers amounting to USD 32,500 thousand that were pledged to others as collateral.
Note 7: The Group has signed commercial papers amounting to USD 288,050 thousand that were pledged to others as collateral.
Note 8: The Group has signed commercial papers amounting to USD 1,500 thousand and $10,120,000 that were pledged to others as collateral.
Note 9: The Group has signed commercial papers amounting to USD 80,000 thousand that were pledged to others as collateral.
Note 10: The Group has signed commercial papers amounting to USD 19,000 thousand and $400,000 that were pledged to others as collateral.
Note 11: The Group has signed commercial papers amounting to USD 25,000 thousand that were pledged to others as collateral.
Note 12: The Group has signed commercial papers amounting to USD 210,000 thousand that were pledged to others as collateral.
Note 13: The Group has signed commercial papers amounting to USD 3,000 thousand and $15,000 that were pledged to others as collateral.
Note 14: The Group has provided demand deposits amounting to USD 22,000 thousand and $790,000 that were pledged to others as collateral.
Note 15: The Group has signed commercial papers amounting to USD 17,000 thousand that

~32~

were pledged to others as collateral.

Note 16: The Group has signed commercial papers amounting to USD 50,000 thousand that were pledged to others as collateral.

	December 31, 2020
Purchaser of accounts receivable Cathay United Bank Mega International Commercial Bank CTBC Bank E. SUN Commercial Bank Taipei Fubon Commercial Bank Yuanta Commercial Bank The Hong Kong and Shanghai Banking Corporation Limited Standard Chartered Bank Taishin International Bank Bank SinoPac Far Eastern International Bank Chang Hwa Bank DBS Bank Taiwan Cooperative Bank Hang Seng Bank KGI Bank Bank of Taiwan Mizuho Bank	Accounts receivable transferred Amount derecognized Facilities (In thousands) Amount advanced Interest rate of amount advanced `$ 476,090 $ 476,090`USD `50,000 $ 476,090`0.75%~0.90% `2,517,967 2,517,967`USD $ `137,000` `540,000` `2,434,627`0.95%~1.30% `4,429,296 4,429,296`USD `78,300 1,765,433`0.70%~2.39% $ `8,129,400` `2,996,154 2,996,154`USD $ `187,000` `20,000` `1,594,413`0.99%~1.18% `541,422 541,422`USD $ `23,000` `1,474,300` `479,845`0.77%~2.95% `661,197 661,197`USD `36,700 127,050`1.03%~1.09% `5,545,384 5,545,384`USD `277,500 4,519,106`0.96%~2.02% `30,320 30,320`USD `3,000 -` - `4,623,696 4,623,696`$ `9,800,000 1,889,631`0.72%~1.01% `1,593,747 1,593,747`USD `77,400 361,564`0.75%~0.97% `179,981 179,981`USD $ `19,000` `400,000` `29,447`1.01%~1.22% `16,287 16,287`USD `16,600 9,716`0.84%~0.87% `3,774,370 3,774,370`USD `279,000 2,662,492`0.76%~0.95% `56,508 56,508`USD `3,000 12,305` 1.04% `4,809,876 4,809,876`USD `150,000 4,401,576`1.09%~2.59% `577,650 577,650`$ `1,350,000 20,227` 1.06% `2,490 2,490`USD `14,000 2,490` 0.8%~0.81% `206,453 206,453`USD `20,000 206,453` 0.98%	Pledged assets
		Note 1 Note 2 Note 3 Note 4 Note 5 Note 6 Note 7 None Note 8 Note 9 Note 10 Note 11 Note 12 Note 13 None Note 14 Note 15 Note 16

Note 1: The Group has signed commercial papers amounting to USD 50,000 thousand that were pledged to others as collateral.
Note 2: The Group has signed commercial papers amounting to USD 137,000 thousand and $540,000 that were pledged to others as collateral.
Note 3: The Group has signed commercial papers amounting to USD 5,600 thousand and $893,640 that were pledged to others as collateral.
Note 4: The Group has signed commercial papers amounting to USD 187,000 thousand and $20,000 that were pledged to others as collateral.

~33~

Note 5: The Group has signed commercial papers amounting to $37,000 that were pledged to others as collateral.
Note 6: The Group has signed commercial papers amounting to USD 36,700 thousand that were pledged to others as collateral.
Note 7: The Group has signed commercial papers amounting to USD 271,550 thousand that were pledged to others as collateral.
Note 8: The Group has signed commercial papers amounting to $9,800,000 that were pledged to others as collateral.
Note 9: The Group has signed commercial papers amounting to USD 77,400 thousand that were pledged to others as collateral.
Note 10: The Group has signed commercial papers amounting to USD 19,000 thousand and $400,000 that were pledged to others as collateral.
Note 11: The Group has signed commercial papers amounting to USD 16,600 thousand that were pledged to others as collateral.
Note 12: The Group has signed commercial papers amounting to USD 215,000 thousand that were pledged to others as collateral.
Note 13: The Group has signed commercial papers amounting to USD 3,000 thousand that were pledged to others as collateral.
Note 14: The Group has provided demand deposits amounting to $810,000 that were pledged to others as collateral.
Note 15: The Group has signed commercial papers amounting to USD 14,000 thousand that were pledged to others as collateral.
Note 16: The Group has signed commercial papers amounting to USD 20,000 thousand that were pledged to others as collateral.

September 30, 2020

	September 30, 2020
Purchaser of accounts receivable Cathay United Bank Mega International Commercial Bank CTBC Bank E. SUN Commercial Bank Taipei Fubon Commercial Bank Yuanta Commercial Bank The Hong Kong and Shanghai Banking Corporation Limited	Accounts receivable transferred Amount derecognized Facilities (In thousands) Amount advanced Interest rate of amount advanced `$ 643,055 $ 643,055`USD `50,000 $ 643,055`0.75%~2.25% `2,950,359 2,950,359`USD $ `137,000` `540,000` `2,849,109`0.96%~3.01% `5,223,758 5,223,758`USD `37,578 2,957,910`0.70%~3.00% $ `5,267,250` `2,785,235 2,785,235`USD $ `177,000` `20,000` `1,619,348`1.10%~2.91% `773,717 773,717`USD $ `23,000` `1,474,300` `661,287`0.79%~3.12% `544,419 544,419`USD `36,700 94,749`1.03%~1.15% `6,499,668 6,499,668`USD `341,000 5,254,358`0.94%~2.05%	Pledged assets
		Note 1 Note 2 Note 3 Note 4 Note 5 Note 6 Note 7

~34~

September 30, 2020

	September 30, 2020
Purchaser of accounts receivable Standard Chartered Bank Taishin International Bank Bank SinoPac Far Eastern International Bank Chang Hwa Bank DBS Bank Taiwan Cooperative Bank Hang Seng Bank KGI Bank Bank of Taiwan Mizuho Bank, Ltd.	Accounts receivable transferred Amount derecognized Facilities (In thousands) Amount advanced Interest rate of amount advanced `$ 31,188 $ 31,188`USD `3,000 $ -` - `4,369,350 4,369,350`$ `9,800,000 1,568,375`0.76%~1.43% `1,495,415 1,495,415`USD `68,400 265,851`0.82%~0.86% `208,510 208,510`USD $ `19,000` `400,000` `82,634`1.07%~1.55% `47,140 47,140`USD `18,600 35,125`0.84%~0.88% `3,477,396 3,477,396`USD `249,000 2,117,784`0.75%~2.54% `71,695 71,695`USD `3,000 61,393`1.04%~1.29% `5,693,357 5,693,357`USD `130,000 5,316,254`1.10%~2.59% `679,966 679,966`$ `1,350,000 -` - `1,296 1,296`USD `14,000 1,296`0.74%~1.85% `309,005 309,005`USD `20,000 309,005` 0.98%	Pledged assets
		None Note 8 Note 9 Note 10 Note 11 Note 12 Note 13 None Note 14 Note 15 Note 16

Note 1: The Group has signed commercial papers amounting to USD 50,000 thousand that were pledged to others as collateral.
Note 2: The Group has signed commercial papers amounting to USD 137,000 thousand and $540,000 that were pledged to others as collateral.
Note 3: The Group has signed commercial papers amounting to USD 3,598 thousand and $519,450 that were pledged to others as collateral.
Note 4: The Group has signed commercial papers amounting to USD 177,000 thousand and $20,000 that were pledged to others as collateral.
Note 5: The Group has signed commercial papers amounting to $37,000 that were pledged to others as collateral.
Note 6: The Group has signed commercial papers amounting to USD 36,700 thousand that were pledged to others as collateral.
Note 7: The Group has signed commercial papers amounting to USD 323,074 thousand that were pledged to others as collateral.
Note 8: The Group has signed commercial papers amounting to $9,800,000 that were pledged to others as collateral.
Note 9: The Group has signed commercial papers amounting to USD 68,400 thousand that were pledged to others as collateral.
Note 10: The Group has signed commercial papers amounting to USD 19,000 thousand and $400,000 that were pledged to others as collateral.
Note 11: The Group has signed commercial papers amounting to USD 18,600 thousand that were pledged to others as collateral.
Note 12: The Group has signed commercial papers amounting to USD 185,000 thousand that were pledged to others as collateral.

~35~

Note 13: The Group has signed commercial papers amounting to USD 3,000 thousand that were pledged to others as collateral.
Note 14: The Group has signed commercial papers amounting to $810,000 that were pledged to others as collateral.
Note 15: The Group has signed commercial papers amounting to USD 14,000 thousand that were pledged to others as collateral.
Note 16: The Group has signed commercial papers amounting to USD 20,000 thousand that were pledged to others as collateral.

(7) Other receivables

Other receivables
Retention amount of factoring accounts receivable VAT refund Others Inventories Inventories Inventories in transit Inventories Inventories in transit Inventories Inventories in transit	September 30, 2021 December 31, 2020 `$ 6,423,108` `$ 12,046,423` `591,936` `319,864` `2,729,098` `567,423` `$ 9,744,142` `$ 12,933,710` September 30, 2021	September 30, 2020 `$ 11,919,335` `379,828` `611,782` `$ 12,910,945` Book value `$ 83,677,861` `7,708,570` `$ 91,386,431` Book value `$ 53,992,953` `3,107,072` `$ 57,100,025` Book value `$ 52,677,965` `4,043,041` `$ 56,721,006`
	Cost Allowance for valuation `$ 84,907,744 ($ 1,229,883)` `7,708,570` `-` `$ 92,616,314` `($ 1,229,883)` December 31, 2020
	Cost Allowance for valuation `$ 55,394,035 ($ 1,401,082)` `3,107,072` `-` `$ 58,501,107` `($ 1,401,082)` September 30, 2020
	Cost Allowance for valuation `$ 54,103,964 ($ 1,425,999)` `4,043,041` `-` `$ 58,147,005` `($ 1,425,999)`

(8) Inventories

~36~

The cost of inventories recognized as expense for the period:

	Three months ended September 30,	Three months ended September 30,
	`2021`	`2020`
Cost of goods sold	`$ 193,851,175`	`$ 163,669,785`
Loss on price decline in inventory	`109,472`	`159,949`
(Gain) loss on physical inventory	`( 2)`	`94`
Cost of goods sold	`$ 193,960,645`	`$ 163,829,828`
	Nine months ended September 30,
	`2021`	`2020`
Cost of goods sold	`$ 556,737,569`	`$ 432,941,199`
Loss on price decline (gain on reversal of
decline) in inventory	`( 36,892)`	`583,484`
Loss on physical inventory	`61`	`215`
Cost of goods sold	`$ 556,700,738`	`$ 433,524,898`

For the nine months ended September 30, 2021, the Group reversed a previous inventory write-down which was accounted for as reduction of cost of goods sold due to sale or return of inventories which were previously provided with allowance.

(9) Investments accounted for using equity method

A. Details of investments accounted for using the equity method:

Investee company WT Microelectronics Co., Ltd. (WT) ChainPower Technology Corp. (ChainPower) Sunrise Technology Co., Ltd. Eesource Corp. (Eesource) Suzhou Xinning Bonded Warehouse Co., Ltd. Adivic Technology Co., Ltd. Suzhou Xinning Logistics Co., Ltd. Gain Tune Logistics (Shanghai) Co., Ltd. VITEC WPG Limited AutoSys Co., Ltd. Beauteek Global Wellness Corporation Limited Supply Consultants Limited	September 30, 2021 `$ 12,030,580` `165,048` `47,761` `73,505` `67,147` `27,110` `45,511` `25,835` `42,181` `69,869` `5,199` `9,367` `$ 12,609,113`	December 31, 2020 `$ 11,365,951` `165,518` `47,581` `64,275` `68,733` `26,952` `44,332` `24,713` `35,852` `70,282` `8,477` `-` `$ 11,922,666`	September 30, 2020 `$ 9,732,313` `157,157` `48,855` `66,529` `65,624` `29,281` `42,312` `24,394` `36,544` `74,268` `11,604` `-` `$ 10,288,881`

~37~

B. The basic information on the associate that is material to the Group is as follows:

Principal Company name place of business WT Taiwan	Shareholding ratio September 30, 2021 December 31, 2020 September 30, 2020 22.20% 22.47% 22.47%	Nature of relationship Holding at least 20% of the voting rights	Method of measurement
			Equity method

The summarized financial information of the associate that is material to the Group is as follows:

Balance sheet

Balance sheet
		WT
	September 30, 2021	December 31, 2020	September 30, 2020
Current assets	`$ 148,021,135`	`$ 111,091,657`	`$ 98,783,645`
Non-current assets	`21,723,663`	`19,744,555`	`18,579,858`
Current liabilities	`( 114,107,193)`	`( 82,612,742)`	`( 76,474,243)`
Non-current liabilities	`( 6,150,211)`	`( 2,280,475)`	`( 2,245,175)`
Total net assets	`$ 49,487,394`	`$ 45,942,995`	`$ 38,644,085`

Adjustments on fair value of
other intangible and
tangible assets	`82,293`	`56,428`	`-`
Total net assets after
adjustments	`$ 49,569,687`	`$ 45,999,423`	`$ 38,644,085`

Share in associate’s net
assets	`$ 10,943,409`	`$ 10,278,780`	`$ 8,315,422`
Goodwill (Note)	`1,087,171`	`1,087,171`	`1,416,891`
Carrying amount of the
associate	`$ 12,030,580`	`$ 11,365,951`	`$ 9,732,313`

Note: In February 2020, the Group held 29.9% equity interest in WT. However, WT increased its capital by issuing new shares in order to exchange shares with ASMedia Technology Inc., and the effective date for this share exchange was set on April 21, 2020, and the convertible bonds WT issued were converted to common stock. As the Group did not subscribe to the capital increase proportionately to its equity interest and WT issued employees’ stock option certificate and purchased treasury shares, the Group’s shareholding ratio of WT decreased to 22.20%, and its capital reserve decreased by $108,474. The Group obtained purchase price allocation report issued by independent appraisals firm for goodwill which arose from acquiring the company’s equity interests.

~38~

Statement of comprehensive income

Statement of comprehensive income
Revenue Profit for the period from continuing operations Other comprehensive loss, net of tax `(` Total comprehensive income for the period Dividends received from associates Revenue Profit for the period from continuing operations Other comprehensive income, net of tax Total comprehensive income for the period Dividends received from associates	WT Three months ended September 30, `2021` `2020` `$ 119,104,670` `$ 91,862,039` `2,232,183` `1,151,655` `965,277)` `( 164,190)` `$ 1,266,906` `$ 987,465` `$ 567,230` `$ 369,904` WT Nine months ended September 30, `2021` `2020` `$ 318,847,437` `$ 244,061,884` `5,630,562` `2,557,056` `353,270` `5,570,130` `$ 5,983,832` `$ 8,127,186` `$ 567,230` `$ 369,904`
	`2021` `$ 318,847,437` `5,630,562` `353,270` `$ 5,983,832` `$ 567,230`

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

As of September 30, 2021, December 31, 2020 and September 30, 2020, the carrying amount of the Group’s individually immaterial associates amounted to $578,533, $556,715 and $556,568, respectively.

Profit for the period from continuing operations Other comprehensive loss - net of tax Total comprehensive income

Profit for the period from continuing operations Other comprehensive loss - net of tax Total comprehensive income (loss)

`(` `(`	Three months ended September 30, `2021` `2020` `$ 19,688` `$ 8,745` `124)` `( 2,343)` `$ 19,564` `$ 6,402` Nine months ended September 30, `2021` `2020` `$ 60,482` `$ 25,254` `8,905)` `( 28,759)` `$ 51,577` `($ 3,505)`
	`2021` `$ 60,482` `8,905)` `(` `$ 51,577` `(`

~39~

D. The fair value of the Group’s material associates with quoted market prices is as follows:
September 30, 2021 December 31, 2020 September 30, 2020
WT Microelectronics Co., Ltd. $ 10,715,155 $ 7,137,533 $ 6,668,192
E. There was no impairment on investments accounted for using the equity method as of September 30, 2021, December 31, 2020 and September 30, 2020.
F. The Group is the single largest shareholder of WT with a 22.20% equity interest. Given the participation extent of other shareholders in the shareholders’ meeting and record of voting rights for major proposals, which indicate that the Group has no current ability to direct the relevant activities of WT, the Group has no control, but only has significant influence, over the investee.
G. The Group is the single largest shareholder of ChainPower with a 39% equity interest. Given that a 40.49% equity interest in ChainPower is concentrated on other investors and a group vote of minority voting rights hold more shares than the Group, which indicate that the Group has no current ability to direct the relevant activities of ChainPower, the Group has no control, but only has significant influence, over the investee.
H. The Group is the single largest shareholder of Eesource with a 40% equity interest. Given that a 43% equity interest in Eesource is concentrated on other investors and a group vote of minority voting rights hold more shares than the Group, which indicate that the Group has no current ability to direct the relevant activities of Eesource, the Group has no control, but only has significant influence, over the investee.
I. Except for WT which was accounted for based on its financial statements which were reviewed by independent auditors, the other investments accounted for using the equity method as of September 30, 2021 and 2020 and investment income (loss) for the nine months ended September 30, 2021 and 2020 were recognized based on their financial statements which were not reviewed by independent auditors.

~40~

(10) Property, plant and equipment

(10)Property, plant and equipment
Land Buildings and structures Cost At January 1, 2021 `$ 6,312,332` `$4,186,844` Additions `796,191` `59,943` Disposals `- ( 1,109)` Transfer (Note) `( 210,082) ( 253,836)` Effect due to changes in exchange rates `( 9,254)` `( 31,465)` `(` At September 30, 2021 `$ 6,889,187` `$3,960,377` Accumulated depreciation and impairment At January 1, 2021 `$ 1,582` `$ 554,862` Depreciation charge `-` `110,304` Disposals `- ( 1,041)` Transfer (Note) `- ( 83,746)` Effect due to changes in exchange rates `-` `( 9,318)` `(` At September 30, 2021 `$ 1,582` `$ 571,061` Closing net book amount as at September 30, 2021 `$ 6,887,605` `$3,389,316`	Transportation equipment Office equipment Leasehold improvements Others `$ 15,181` `$ 564,936` `$ 603,531` `$ 476,069` `-` `47,682` `93,033` `241,291` `- ( 31,306) ( 1,742) ( 3,806)` `- ( 10,889) -` `7,723` `180)` `( 5,955)` `( 10,883)` `( 9,154)` `(` `$ 15,001` `$ 564,468` `$ 683,939` `$ 712,123` `$ 11,853` `$ 358,147` `$ 449,449` `$ 226,280` `657` `45,001` `85,432` `41,006` `- ( 29,950) ( 1,742) ( 3,721)` `- ( 8,273) -` `5,528` `175)` `( 4,816)` `( 8,127)` `( 2,908)` `$ 12,335` `$ 360,109` `$ 525,012` `$ 266,185` `$ 2,666` `$ 204,359` `$ 158,927` `$ 445,938`	Construction in progress and equipment to be tested Total `$ 3,813` `$12,162,706` `130,833` `1,368,973` `- ( 37,963)` `- ( 467,084)` `993)` `( 67,884)` `$ 133,653` `$12,958,748` `$ -` `$ 1,602,173` `-` `282,400` `- ( 36,454)` `- ( 86,491)` `-` `( 25,344)` `$-` `$ 1,736,284` `$ 133,653` `$11,222,464`
At January 1, 2021 Depreciation charge Disposals Transfer (Note) Effect due to changes in exchange rates At September 30, 2021 Closing net book amount as at September 30, 2021

Note: Property, plant and equipment amounting to $315,516 and $65,077 were transferred to non-current assets classified as held for sale and investment property, respectively.

~41~

Land Buildings and structures Cost At January 1, 2020 `$ 2,294,712` `$2,080,861` Additions `-` `1,598` Disposals `- ( 573)` Transfers (Note) `-` `-` Effect due to changes in exchange rates `( 1,811)` `13,769` `(` At September 30, 2020 `$ 2,292,901` `$2,095,655` Accumulated depreciation and impairment At January 1, 2020 `$ 1,582` `$ 640,424` Depreciation charge `-` `38,844` Disposals `-` `-` Effect due to changes in exchange rates `-` `( 4,294)` `(` At September 30, 2020 `$ 1,582` `$ 674,974` Closing net book amount as at September 30, 2020 `$ 2,291,319` `$1,420,681`	Transportation equipment Office equipment Leasehold improvements Others `$ 12,499` `$ 433,590` `$ 640,775` `$ 443,395` `3,074` `14,764` `12,795` `45,886` `- ( 10,656) ( 2,170) ( 662)` `-` `812` `-` `-` `201)` `( 2,557)` `( 37,854)` `( 11,957)` `$ 15,372` `$ 435,953` `$ 613,546` `$ 476,662` `$ 10,935` `$ 354,723` `$ 385,116` `$ 188,315` `1,032` `28,861` `86,926` `32,245` `- ( 9,213) ( 1,829) ( 640)` `189)` `( 5,696)` `( 6,433)` `( 2,508)` `$ 11,778` `$ 368,675` `$ 463,780` `$ 217,412` `$ 3,594` `$ 67,278` `$ 149,766` `$ 259,250`	Construction in progress and equipment to be tested Total `$ 1,410,680` `$ 7,316,512` `5,334,305` `5,412,422` `- ( 14,061)` `-` `812` `-` `( 40,611)` `$ 6,744,985` `$12,675,074` `$ -` `$ 1,581,095` `-` `187,908` `- ( 11,682)` `-` `( 19,120)` `$-` `$ 1,738,201` `$ 6,744,985` `$10,936,873`
At January 1, 2020 Depreciation charge Disposals Effect due to changes in exchange rates At September 30, 2020 Closing net book amount as at September 30, 2020

Note: Inventories amounting to $812 were transferred to property, plant and equipment.

~42~

A. Amount of borrowing costs capitalized as part of property, plant and equipment and the range of the interest rates for such capitalization are as follows:

Amount capitalized Range of the interest rates for capitalization Amount capitalized Range of the interest rates for capitalization	Three months ended September 30, `2021` `2020` `$ -` `$ 12,807` `-` `0.96%~0.99%` Nine months ended September 30, `2021` `2020` `$ -` `$ 26,434` `-` `0.96%~1.09%`
	`2021` `$ -` `-`

B. Information on property, plant and equipment that were pledged to others as collateral is provided in Note 8.

(11) Leasing arrangements-lessee

A. The Group leases various assets including buildings, business vehicles and multifunction printers. Rental contracts are made for periods of 1 to 25 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing purposes.
B. The carrying amounts of right-of-use assets are as follows:

		Transportation	Office
	Buildings and	equipment	equipment	Other
	structures	(Business vehicles)	(Photocopiers)	equipment	Total
Cost
At January 1, 2021	`$ 2,284,734`	`$ 85,258`	`$ 26,925`	`$ 26,967`	`$2,423,884`
Additions	`984,295`	`59,059`	`52,306`	`136,118`	`1,231,778`
Disposals	`( 911,736)`	`( 27,912)`	`( 2,070)`	`( 5,188)`	`( 946,906)`
Effect due to changes in
exchange rates	`( 39,975)`	`( 1,758)`	`( 231)`	`( 1,055)`	`( 43,019)`
At September 30, 2021	`$ 2,317,318`	`$ 114,647`	`$ 76,930`	`$ 156,842`	`$2,665,737`
Accumulated depreciation
At January 1, 2021	`$ 721,155`	`$ 46,310`	`$ 16,767`	`$ 8,958`	`$ 793,190`
Depreciation charge	`302,602`	`35,366`	`7,809`	`13,429`	`359,206`
Disposals	`( 79,535)`	`( 27,241)`	`( 1,888)`	`( 5,188)`	`( 113,852)`
Effect due to changes in
exchange rates	`( 14,535)`	`( 619)`	`( 147)`	`( 113)`	`( 15,414)`
At September 30, 2021	`$ 929,687`	`$ 53,816`	`$ 22,541`	`$ 17,086`	`$1,023,130`

Closing net book amount
as at September 30,
2021	`$ 1,387,631`	`$ 60,831`	`$ 54,389`	`$ 139,756`	`$1,642,607`

~43~

Buildings and
Transportation
equipment
structures
(Business vehicles)
Cost
At January 1, 2020
$ 1,424,648
$ 88,054
Additions
831,919
10,913
Disposals
( 28,647) ( 14,338)
Effect due to changes in
exchange rates
( 26,070)
( 110)
(
At September 30, 2020
$ 2,201,850
$ 84,519
Accumulated depreciation
At January 1, 2020
$ 384,410
$ 29,555
Depreciation charge
309,481
24,661
Disposals
( 27,937) ( 8,575)
Effect due to changes in
exchange rates
( 10,669)
( 39)
(
At September 30, 2020
$ 655,285
$ 45,602
Closing net book amount
as at September 30,
2020
$ 1,546,565
$ 38,917 Office
equipment
Other
(Photocopiers)
equipment
Total
$ 27,594
$ 22,580
$1,562,876
-
1,736
844,568
- ( 1,907) ( 44,892)
290)
( 165)
( 26,635)
$ 27,304
$ 22,244
$2,335,917
$ 8,424
$ 11,408
$ 433,797
6,305
8,548
348,995
- ( 1,694) ( 38,206)
137)
( 95)
( 10,940)
$ 14,592
$ 18,167
$ 733,646
$ 12,712
$ 4,077
$1,602,271

C. For the nine months ended September 30, 2021 and 2020, the additions to right-of-use assets were $1,231,778 and $844,568, respectively.
D. Information on profit or loss in relation to lease contracts is as follows:

Items affecting profit or loss Interest expense on lease liabilities Expense on short-term lease contracts Expense on leases of low-value assets Items affecting profit or loss Interest expense on lease liabilities Expense on short-term lease contracts Expense on leases of low-value assets	Three months ended September 30, `2021` `2020` `$ 15,464` `$ 17,623` `5,326` `6,034` `3,285` `465` Nine months ended September 30, `2021` `2020` `$ 47,329` `$ 37,225` `13,540` `26,746` `5,532` `1,368`
	`2021` `$ 47,329` `13,540` `5,532`

E. For the nine months ended September 30, 2021 and 2020, the Group’s total cash outflow for leases were $400,952 and $381,670, respectively.

~44~

(12) Investment property

Land Cost At January 1, 2021 `$ 626,460` Transfer (Note) `( 17,033)` Effect due to changes in exchange rates `-` `(` At September 30, 2021 `$ 609,427` Accumulated depreciation At January 1, 2021 `$ -` Depreciation charge `-` Transfer (Note) `-` Effect due to changes in exchange rates `-` `(` At September 30, 2021 `$-` Closing net book amount as at September 30, 2021 `$ 609,427` Land Cost At January 1, 2020 `$ 338,690` Effect due to changes in exchange rates `-` `(` At September 30, 2020 `$ 338,690` Accumulated depreciation At January 1, 2020 `$ -` Depreciation charge `-` Effect due to changes in exchange rates `-` `(` At September 30, 2020 `$-` Closing net book amount as at September 30, 2020 `$ 338,690`	Buildings and structures `$ 1,362,257` `70,047` `14,453)` `(` `$ 1,417,851` `$ 414,978` `23,345` `10,521` `3,271)` `(` `$ 445,573` `$ 972,278` Buildings and structures `$ 929,231` `6,798)` `(` `$ 922,433` `$ 207,806` `16,372` `1,301)` `(` `$ 222,877` `$ 699,556`	Total `$ 1,988,717` `53,014` `14,453)` `$ 2,027,278` `$ 414,978` `23,345` `10,521` `3,271)` `$ 445,573` `$ 1,581,705` Total `$ 1,267,921` `6,798)` `$ 1,261,123` `$ 207,806` `16,372` `1,301)` `$ 222,877` `$ 1,038,246`

Note: Investment properties amounting to $22,584 were transferred to non-current assets classified as held for sale, property, plant and equipment amounting to $65,077 were transferred to investment property.

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

investment property are shown below:
Rental revenue from investment property	Three months ended September 30,
	2021 `$ 14,519`	2020
		`$ 10,084`

~45~

Direct operating expenses arising from the investment property that generated rental income during the period Direct operating expenses arising from the investment property that did not generate rental income during the period Rental revenue from investment property Direct operating expenses arising from the investment property that generated rental income during the period Direct operating expenses arising from the investment property that did not generate rental income during the period	Three months ended September 30,	Three months ended September 30,
	2021 2020 `$ 5,290` `$ 3,562` `$ 2,588` `$ 1,894` Nine months ended September 30,	2020
		`$ 3,562`
		`$ 1,894`
	2021 `$ 37,423` `$ 14,970` `$ 9,733`	2020
		`$ 31,277`
		`$ 11,377`
		`$ 4,995`

B. The fair value of the investment property held by the Group as of September 30, 2021, December 31, 2020 and September 30, 2020 was $2,431,842, $2,504,682 and $1,874,475, respectively. The fair value as of September 30, 2021, December 31, 2020 and September 30, 2020 was based on independent appraisers’ valuation, which was made using comparative method and income approach. Comparison method is to compare the valuation target with similar property which is traded around the valuation period. Comparison method is categorized within Level 3 in the fair value hierarchy. Valuations were made using the income approach with key assumptions as follows:

Discount rate Growth rate Gross margin	September 30, 2021 `2%~7.5%` `0%~5%` `1.87%~2.65%`	December 31, 2020 `1.91%~7.5%` `0%~5%` `1.19%~3.17%`	September 30, 2020 `2.35%~2.75%` `0%~1%` `1.2%~3.2%`

C. There is no impairment loss on investment property.

D. For investment property pledged for guarantee, please refer to Note 8.

~46~

(13) Intangible assets

Intangible assets
	Operating	right	Software	Goodwill	Others	Total
Cost
At January 1, 2021	`$ 273,855`		`$ 397,472`	`$ 5,590,438`	`$ 39,018`	`$6,300,783`
Acquired separately		`-`	`44,173`	`-`	`-`	`44,173`
Disposals		`-`	`( 6,365)`	`( 31,146)`	`-`	`( 37,511)`
Effect due to changes in
exchange rates	`( 5,744)`		`( 2,063)`	`( 5,381)`	`( 763)`	`( 13,951)`
At September 30, 2021	`$ 268,111`		`$ 433,217`	`$ 5,553,911`	`$ 38,255`	`$6,293,494`
Accumulated amortization and	impairment
At January 1, 2021	`$ 273,855`		`$ 262,180`	`$ 63,897`	`$ 39,018`	`$ 638,950`
Amortization charge		`-`	`55,520`	`-`	`-`	`55,520`
Impairment loss		`-`	`-`	`325,235`	`-`	`325,235`
Disposals		`-`	`( 12)`	`( 31,146)`	`-`	`( 31,158)`
Effect due to changes in
exchange rates	`( 5,744)`		`( 1,583)`	`( 1,183)`	`( 763)`	`( 9,273)`
At September 30, 2021	`$ 268,111`		`$ 316,105`	`$ 356,803`	`$ 38,255`	`$ 979,274`
Closing net book amount as at
September 30, 2021	`$`	`-`	`$ 117,112`	`$ 5,197,108`	`$-`	`$5,314,220`
	Operating	right	Software	Goodwill	Others	Total
Cost
At January 1, 2020	`$ 287,532`		`$ 250,053`	`$ 5,658,880`	`$ 64,820`	`$6,261,285`
Acquired separately		`-`	`154,955`	`-`	`-`	`154,955`
Disposals		`-`	`( 392)`	`( 54,757)`	`( 23,842)`	`( 78,991)`
Effect due to changes in
exchange rates	`( 8,024)`		`( 979)`	`( 8,163)`	`( 1,208)`	`( 18,374)`
At September 30, 2020	`$ 279,508`		`$ 403,637`	`$ 5,595,960`	`$ 39,770`	`$6,318,875`
Accumulated amortization and	impairment
At January 1, 2020	`$ 287,532`		`$ 217,795`	`$ 122,345`	`$ 64,762`	`$ 692,434`
Amortization charge		`-`	`47,770`	`-`	`-`	`47,770`
Disposals		`-`	`( 329)`	`( 54,757)`	`( 23,842)`	`( 78,928)`
Effect due to changes in
exchange rates	`( 8,024)`		`( 745)`	`( 2,300)`	`( 1,207)`	`( 12,276)`
At September 30, 2020	`$ 279,508`		`$ 264,491`	`$ 65,288`	`$ 39,713`	`$ 649,000`
Closing net book amount as at September 30, 2020	`$`	`-`	`$ 139,146`	`$ 5,530,672`	`$ 57`	`$5,669,875`

The details of amortization charge are as follows: Selling and marketing expenses General and administrative expenses	Three months ended September 30, `2021` `2020` `$ 1,526` `$ 2,345` `18,682` `13,945` `$ 20,208` `$ 16,290`
	`2021` `$ 1,526` `18,682` `$ 20,208`

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Selling and marketing expenses General and administrative expenses	Nine months ended September 30, `2021` `2020` `$ 4,604` `$ 4,646` `50,916` `43,124` `$ 55,520` `$ 47,770`
	`2021` `$ 4,604` `50,916` `$ 55,520`

A. Goodwill is allocated as follows to the Group’s cash-generating units identified according to operating segment:

Yosun subgroup World Peace subgroup Others Accumulated impairment `(`	September 30, 2021 `$ 3,633,124` `1,644,937` `244,282` `5,522,343` `325,235)` `$ 5,197,108`	December 31, 2020 `$ 3,636,575` `1,645,683` `244,283` `5,526,541` `-` `$ 5,526,541`	September 30, 2020 `$ 3,639,971` `1,646,418` `244,283` `5,530,672` `-` `$ 5,530,672`

B. Goodwill is allocated to the Group’s cash-generating units identified according to operating segment. The recoverable amount of all cash-generating units has been determined based on value-in-use calculations. These calculations use pre-tax cash flow projections based on financial budgets approved by the management.
Management determined budgeted gross margin based on past performance and its expectations of market development. The assumptions used for weighted average growth rates are based on past historical experience and expectations of the industry; the assumption used for discount rate is the weighted average capital cost of the Group. The assumption used for discount rate is the weighted average capital cost of each cash-generating unit. As of September 30, 2021, December 31, 2020 and September 30, 2020, the adopted pre-tax discount rates were 2.88%~6.74%, 2.88%~6.35% and 4.12%~7.04%, respectively.
C. For the nine months ended September 30, 2021, the Group recognized impairment loss of goodwill amounting to $325,235 as shown below:

Impairment loss - World Peace subgroup, BU3 and BU6	Nine months ended September 30, 2021 Recognized in profit or loss Recognized in other comprehensive income `$ 325,235` `$-`
	Recognized in profit or loss `$ 325,235`

No impairment loss of goodwill was recognized by the Group for the nine months ended September 30, 2020.

D. Goodwill allocated to the operating segment of World Peace subgroup was impaired because the recoverable amount which was the value in use calculated by external appraisal exports was lower than its carrying amount of net assets under the Group’s assessment. The main assumptions used in calculating recoverable amount are set out

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below.

Growth rate Discount rate Gross margin Prepayments for investments Prepayments for investments	September 30, 2021 `2.00%` `6.55%~6.74%` `2.12%~4.36%` September 30, 2021 `$ 31,050`	December 31, 2020 `2.00%` `6.13%~6.35%` `1.91%~3.11%` December 31, 2020 `$ 31,050`	September 30, 2020 `2.00%` `6.03%~6.12%` `2.85%~3.06%` September 30, 2020 `$ 1,245,243`

(14) Prepayments for investments

On September 18, 2020, the Board of Directors of the Group resolved to subscribe WT’s series A preference shares in the amount of 24,283,867 shares with a par value of NT$50 per share, with total consideration of $1,214,193, based on the shareholding ratio at the effective date of the capital increase in accordance with the application for shares. As of October 15, 2020 (effective date of the capital increase), the Group’s shareholding ratio in WT is 17.99% of total outstanding preference shares after subscribing WT’s series A preference shares.

(15) Overdue receivables (shown as ‘other non-current assets’)

Overdue receivables Less: Allowance for doubtful accounts `(`	September 30, 2021 `$ 853,088` `847,414)` `(` `$ 5,674`	December 31, 2020 `$ 978,510` `971,636)` `(` `$ 6,874`	September 30, 2020 `$ 918,256` `910,919)` `$ 7,337`

Movement analysis of financial assets that were impaired is as follows:

				`2021`	`2020`
			Individual provision		Individual provision
At January 1			`$`	`971,636`	`$ 946,395`
Reversal of impairment			`(`	`2,900)`	`( 22,050)`
Write-off of bad debts			`(`	`154,403)`	`( 8,955)`
Transferred from accounts	receivable			`51,726`	`20,193`
Effect due to changes in exchange rates			`(`	`18,645)`	`( 24,664)`
At September 30			`$`	`847,414`	`$ 910,919`
Short-term borrowings
Type of borrowings	September 30, 2021			December 31, 2020	September 30, 2020
Loans for overseas purchases	`$`	`27,912,567`		`$ 14,815,186`	`$ 10,947,377`
Short-term loans		`56,916,079`		`44,225,361`	`45,217,396`
	`$`	`84,828,646`		`$ 59,040,547`	`$ 56,164,773`

Annual interest rates			`0.53%~6%`	`0.65%~7.8%`	`0.65%~8.5%`

(16) Short-term borrowings

For information on pledged assets, please refer to Note 8.

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(17) Short-term notes and bills payable

Commercial papers payable Less: Unamortized discount `(` Annual interest rates	September 30, 2021 December 31, 2020 `$ 7,300,000` `$ 4,945,000` `4,891)` `( 3,495)` `(` `$ 7,295,109` `$ 4,941,505` `0.23%~1.2%` `0.23%~1.19%`	September 30, 2020 `$ 4,900,000` `3,923)` `$ 4,896,077` `0.35%~1.12%`

The abovementioned short-term notes and bills payable are guaranteed by financial institutions.

- (18) Long term borrowings

	Borrowing
	period /
Type of borrowings	repayment term	September 30, 2021	December 31, 2020		September 30, 2020
Secured bank borrowings	`2020.03.31~`
(Notes 1, 4 and 5)	`2041.08.26`	`$ 6,232,000`	`$`	`5,569,088`	`$ 5,570,878`
Unsecured bank	`2019.07.10~`
borrowings (Notes 2, 3,	`2026.06.30`
6, 8 and 10~12)		`15,827,279`		`8,779,622`	`7,686,095`
Commercial paper	`2018.11.09~`
payable	`2023.09.04`
(Notes 7, 9 and 10)		`11,450,000`		`10,750,000`	`11,700,000`
		`33,509,279`		`25,098,710`	`24,956,973`
Less: Discount on long-term borrowings		`( 29,108)`	`(`	`35,215)`	`( 37,882)`
Current portion of long-term
borrowings (shown as ‘other
current liabilities’)		`( 8,127,779)`	`(`	`6,420,258)`	`( 272,591)`
		`$ 25,352,392`	`$`	`18,643,237`	`$ 24,646,500`

Interest rate range		`0.55%~2.37%`		`0.56%~3.49%`	`0.57%~3.49%`

For information on pledged assets, please refer to Note 8.

Note 1: (a) The Company had entered into a long-term agreement for twenty years with a financial institution. The pledged assets are the Nangang new buildings with a grace period of three years. The principal shall be repaid in equal monthly installments starting from April 2023.
(b) The interest rate is the index interest rate plus 0.34% from the borrowing day to March 31, 2022, and from March 31, 2022 onwards, the interest rate shall be the index rate plus 0.45%.
Note 2: The Company had entered into a long-term agreement for three years with a financial institution. The borrowing is payable in full at maturity in March 2023. The fixed interest rate is 1.43% from the borrowing day to March 10, 2022, and subsequently, the interest rate shall be the index interest rate plus 0.68% every three months from March 10, 2022.
Note 3: The Company had entered into a mid-term agreement for five years with a financial institution. The interest rate shall be the index interest rate plus 0.45% from the

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borrowing day. The principal should be paid in equial monthly installments starting from October 2020.

Note 4: (a) The Company had entered into a long-term agreement for twenty years with a financial institution. The pledged assets are the Taoyuan plants with a grace period of three years. The principal shall be repaid in equal monthly installments starting from August 2024.
(b) The interest rate is the index interest rate plus 0.34% from the borrowing day to August 26, 2023, and from August 26, 2023 onwards, the interest rate shall be the index rate plus 0.45%.
Note 5: AIT Japan Inc., the Company’s indirect subsidiary, had entered into a long-term loan agreement for a period of ten years with the Daiwa Bank, Limited on March 28, 2012, and the facility is JPY 250,000,000. The pledged assets are land and office in Tokyo, which amount to $69,545 and $62,365, respectively. The principal should be repaid in equal monthly installments (totaling 114 months) of JPY 2,193,000 from October 31, 2012 and the last monthly installment will be JPY 2,191,000.
AIT Japan Inc., an indirect subsidiary, have settled all payments on January 18, 2021.
Note 6: Asian Information Technology Inc., and Frontek Technology Corporation, an indirect subsidiary, entered into a two-year borrowing contract with Yuanta Commercial Bank in December 2018 in the amount of $300,000. The interest is repayable monthly, the principal is payable in full at maturity and the borrowings could be used and repaid any time during the valid period.
Asian Information Technology Inc. and Frontek Technology Corporation, an indirect subsidiary, have settled all payments on September 24, 2020 and November 3, 2020, respectively.
Note 7: Silicon Application Corporation had entered into a syndicated borrowing agreement with Chang Hwa Commercial Bank and other financial institutions on June 9, 2020. The terms and conditions of the contract were as follows:
(a) Contract term: Within three years from the first drawdown.
(b) Facility and drawdown: The facility is $2,600,000, could be multiple drawdowns or revolving, however, the total amount at any time cannot exceed the facility amount.
(c) Repayment: For each drawdown, the principal and the interest payable must be repaid in full at the end of that specific drawdown’s term. At the end of the contract term, the principal, interest payable and any related expense of each drawdown must be repaid in full.
(d) Loan covenant: During the contract term, Silicon Application Corporation is required to maintain financial ratios as follows: the liquidity ratio should not be less than 100%, debt ratio should not be higher than 260%, time interest earned ratio should not be less than 2.5 and net value (net assets less intangible assets) should be maintained at or above $3,000,000.

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Silicon Application Corporation met all the financial commitments stated in the contract.

Note 8: World Peace Industrial Co., Ltd. (WPI), the Company’s subsidiary, had entered into a syndicated borrowing agreement with Hua Nan Commercial Bank, Mizuho Corporate Bank, E. SUN Commercial Bank, Taiwan Cooperative Bank, Chang Hwa Commercial Bank, Far Eastern International Bank and other financial institutions on August 31, 2017. The terms and conditions of the contract were as follows:
(a) Contract term: Within three years from the first drawdown.
(b) Facility and drawdown: The facility must be less than $7,200,000. Each drawdown amount must be no less than $100,000 or USD 3 million. The repayment period of NTD borrowing could be 30 days at the least and 180 days at the most; the repayment period of USD borrowing could be one month at the least and six months at the most.
(c) Repayment: For each drawdown, the principal and interest must be repaid in full at the end of each drawdown’s term. For re-utilization of the revolving loan after maturity date, application should be submitted to the lead bank five days before the maturity date. Based on the credit term in the contract, all or part of the loan will be re-utilized. If the amount of drawdown is the same as the last time, the syndicate of banks would not make an additional procedure of remittance and loan, as if the borrower has actually received the loan, and uses the loan contract as proof of receipt.
(d) Loan covenant: World Peace Industrial Co., Ltd. is required to maintain certain financial ratios based on semi-annual and annual consolidated financial statements during the contract period as follows: liquidity ratio should not be less than 100%, debt ratio should not be higher than 250%, time interest earned ratio should not be less than 2.5 and net value (net assets less intangible assets) should not be less than $10,000,000.
The aforementioned contract matured in September 2020. World Peace Industrial Co., Ltd. met all the financial commitments stated in the contract during the contract period.
Note 9: World Peace Industrial Co., Ltd. (WPI), the Company’s subsidiary, had entered into a financing agreement with E. SUN Commercial Bank, Mizuho Corporate Bank and Cathay United Bank and other financial institutions on October 16, 2018. WPI has to roll over commercial papers and re-utilize the loan during the contract period, up to 2021, with the maximum maturity period of 6 months for each issue as stipulated in the agreement. Therefore, borrowings of WPI were classified as long-term borrowings. The terms and conditions of the contract are as follows:
(a) Contract term: Within three years from the first drawdown.
(b) Facility and drawdown: The facility must be less than $10,000,000.
- i. Each drawdown amount must not be less than $100,000 or USD 3 million.

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Based on the credit term in the contract, the loan can be re-utilized. The repayment period could be one or six months: One month at the least and six months at the most. Each maturity date shall be within the contract term.

ii. During the term of agreement, WPI can roll over each credit facility within the total revolving credit facility of commercial papers amounting to $8,000,000 at 60, 90, 120, 180 days maturity or the days agreed by the lead bank and the Company with a limit of 180 days and each maturity date shall be within the contract term.
(c) Repayment:
i. For each drawdown, the principal and interest must be repaid in full at the end of each drawdown’s term. For re-utilization of the revolving loan after maturity date, application should be submitted to the lead bank five days before the maturity date. Based on the credit term in the contract, all or part of the loan will be re-utilized. If the amount of drawdown is the same as the last time, the syndicate of banks would not make an additional procedure of remittance and loan, as if the borrower has actually received the loan, and uses the loan contract as proof of receipt.
ii. When the commercial papers mature, the borrower shall deposit available funds at face value on the maturity date to an account designated by clearing and settlement institutions immediately in line with Regulations Governing Centralized Securities Depository Enterprises.
(d) Loan covenant: WPI is required to maintain certain financial ratios based on annual consolidated financial statements during the contract period as follows: liquidity ratio should not be less than 100%, debt ratio should not be higher than 250%, time interest earned ratio should not be less than 2.5 and net value (net assets less intangible assets) should not be less than $10,000,000. If the covenants are not met, right to drawdown is immediately terminated, and the lead bank can decide to take the following actions:
i. Rescind part or all of the undrawn facility;
ii. Request WPI to immediately repay all drawn principals, interest payable and other related payables as specified in the contract;
iii. Demand the borrower to deposit the amounts that are equivalent to undischarged guaranteed obligations for drawdown facility of issued commercial papers under the agreement and (or) outstanding guarantees as reserve into the account designated by the bank consortium immediately;
iv. Demand all rights of the promissory note obtained from signing of the contract.

World Peace Industrial Co., Ltd. met all the financial commitments stated in the contract.

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Note 10: World Peace Industrial Co., Ltd. (WPI), the Company’s subsidiary, had entered into a long-term loan agreement with Taiwan Cooperative Bank on August 18, 2020. The terms and conditions of the contract were as follows:
(a) Contract term: Within three years from the first drawdown.
(b) Facility and drawdown: The consolidated drawdown rate of the WPI’s facility of $10,000,000 and the facility of WPI International (Hong Kong) Limited of US$200 million shall be maintained at 40%, and the loan can be re-utilized based on the credit term in the contract.
- i. Each drawdown amount must not be less than $50,000 or USD 1.5 million, and the amount more than $50,000 or USD 1.5 million shall be an integral multiple of $10,000 or USD 1 million or shall be the available facility during the credit period, but not available for the amount approved by the lead bank. The repayment period can be one, two, three, four, five or six month(s). However, each maturity date shall be within the contract term.
- ii. The facility of commercial papers is $7,500,000. Each drawdown amount must not be less than $50,000, and the amount more than $50,000 shall be an integral multiple of $10,000 or shall be the available facility during the credit period, but not available for the amount approved by the lead bank. The issuance period for each drawdown can be 30, 60 and 90 days maturity or the days agreed by the lead bank and WPI with a limit of 180 days. However, each maturity date shall be within the contract term.
(c) Repayment:
- i. For each drawdown, the principal and interest must be repaid in full at the end of each drawdown’s term. For re-utilization of the revolving loan after maturity date, application should be submitted to the lead bank five days before the maturity date. Based on the credit term in the contract, all or part of the loan will be re-utilized. If the amount of drawdown is the same as the last time, the syndicate of banks would not make an additional procedure of remittance and loan, as if the borrower has actually received the loan, and uses the loan contract as proof of receipt.
- ii. When the commercial papers mature, the borrower shall settle the commercial papers at face value.
(d) Loan covenant: WPI is required to maintain certain financial ratios based on annual consolidated financial statements during the contract period as follows: liquidity ratio should not be less than 100%, debt ratio should not be higher than 250%, time interest earned ratio should not be less than 2.5 and net value (net assets less intangible assets) should not be less than $10,000,000. If the covenants are not met, right to drawdown is immediately terminated, and the following actions will be taken based on the resolution made by majority syndicated banks:

~54~

i. Rescind part or all of the undrawn facility;
ii. Request WPI to immediately repay all drawn principals, interest payable and other related payables as specified in the contract;
iii. Demand the borrower to deposit the amounts that are equivalent to undischarged guaranteed obligations for drawdown facility of issued commercial papers under the agreement and (or) outstanding guarantees as reserve into the account designated by the bank consortium immediately;
iv. Demand all rights of the promissory note obtained from signing of the contract.

World Peace Industrial Co., Ltd. met all the financial commitments stated in the contract.

Note 11: World Peace Industrial Co., Ltd. (WPI), the Company’s subsidiary, had entered into a financing agreement with DBS Bank on July 24, 2020. The terms and conditions of the contract were as follows:
(a) Contract term: Within three years from the first drawdown.
(b) Facility and drawdown: The facility must be less than USD 100 million.
(c) Repayment: For each drawdown, the principal and interest must be repaid in full at the end of each drawdown’s term.
Note 12: On July 10, 2019, WPG Korea Co., Ltd. entered into a long-term loan agreement with Kookmin Bank for a loan of KRW 3 billion until June 15, 2022. The principal is payable in 10 quarterly installments of KRW 300 million each starting from March 15, 2020. The interest is payable quarterly.

(19) Other current liabilities

Long-term borrowings-current portion Refund liabilities Contract liabilities Others	September 30, 2021 `$ 8,127,779` `3,371,041` `166,925` `560,456` `$ 12,226,201`	December 31, 2020 `$ 6,420,258` `3,552,271` `159,457` `346,648` `$ 10,478,634`	September 30, 2020 `$ 272,591` `3,859,866` `157,948` `436,285` `$ 4,726,690`

A. Refund liabilities were generated from sales discounts which is shown as ‘other current liabilities’.
B. Contract liabilities were generated from advance sales receipts which is shown as ‘other current liabilities’.

(20) Pensions

A. Defined benefit plans
(a) The Company and its domestic subsidiaries have a defined benefit pension plan in accordance with the Labor Standards Law, covering all regular employees’ service years prior to the enforcement of the Labor Pension Act on July 1, 2005 and service

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years thereafter of employees who chose to continue to be subject to the pension mechanism under the Law. Under the defined benefit pension plan, two units are accrued for each year of service for the first 15 years and one unit for each additional year thereafter, subject to a maximum of 45 units. Pension benefits are based on the number of units accrued and the average monthly salaries and wages of the last 6 months prior to retirement. The Company and its domestic subsidiaries contribute monthly an amount equal to 2% of the employees’ monthly salaries and wages to the retirement fund deposited with Bank of Taiwan, the trustee, under the name of the independent retirement fund committee. Also, the Company and its domestic subsidiaries would assess the balance in the aforementioned labor pension reserve account by December 31, every year. If the account balance is not enough to pay the pension calculated by the aforementioned method to the employees expected to qualify for retirement in the following year, the Company and its domestic subsidiaries will make contribution for the deficit by next March.

Effective January 1, 2010, the Company and certain subsidiaries have funded defined benefit pension plans in accordance with the “Regulations on pensions of managers”, covering all managers appointed by the Company. Under the defined benefit pension plan, one unit is accrued for each year of service, subject to a maximum of 45 units. Pension benefits are based on the number of units accrued and the remuneration per unit ratified during the appointed period.

(b) For the aforementioned pension plan, the Group recognised pension costs of ($3,581), $2,871, $1,255 and $8,624 for the three months ended September 30, 2021 and 2020, and nine months ended September 30, 2021 and 2020, respectively
(c) Expected contributions to the defined benefit pension plans of the Group for the year ending December 31, 2022 are $18,831.
B. Defined contribution plans
(a) Effective July 1, 2005, the Company and its domestic subsidiaries have established a defined contribution pension plan (the “New Plan”) under the Labor Pension Act (the “Act”), covering all regular employees with R.O.C. nationality. Under the New Plan, the Company and its domestic subsidiaries contribute monthly an amount based on not less than 6% of the employees’ monthly salaries and wages to the employees’ individual pension accounts at the Bureau of Labor Insurance. The benefits accrued are paid monthly or in lump sum upon termination of employment.
(b) Other overseas companies have defined contribution plans. Contributions for pensions and retirement allowance to independent fund administered by the government in accordance with the local pension regulations are based on a certain percentage of employees’ monthly salaries and wages. Other than the monthly contributions, the companies have no further obligations.

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  - (c) The pension costs of the Group under the defined contribution pension plans for the three months ended September 30, 2021 and 2020, and nine months ended September 30, 2021 and 2020 were $94,612, $72,232, $275,869 and $196,335, respectively.

(21) Share based payment
A. For the nine months ended September 30, 2021, share-based payment arrangements of the Company’s subsidiary, Trigold Holdings Limited (Trigold), were as follows:

Type of arrangement Cash capital increase reserved for employee preemption	Grant date 2021.7.16	Quantity granted 3,150 thousand shares	Contract period NA	Vesting conditions
				Vested immediately

B. Details of the share-based payment arrangements for above employee stock options are as follows:

follows:
		`2021`
			Weighted-average
		No. of options	exercise price
		(in thousand shares)	(in dollars)
Options	outstanding at January 1	`$ -`	`$ -`
Options	granted	`3,150`	`21.00`
Options	forfeited	`( 779)`	`21.00`
Options	exercised	`( 2,371)`	`21.00`
Options	outstanding at September 30	`$-`
Options	exercisable at September 30	`$-`

C. The stock price for those options exercised during the nine months ended September 30, 2021 at the exercise date was $26.31 (in dollars).
D. The fair value of stock options granted by Trigold Holdings Limited on grant date is measured using the stock price at grant date, net of dividends and dividend rate of capital increase. Relevant information is as follows:

Type of Arrangement Cash capital increase reserved for employee preemption	Grant date 2021.7.16	Stock price (in dollars) $ 29.6	Exercise price (in dollars) $ 21	Expected option life Vested immediately	Cash dividends $ 1.4	Dividend rate of capital increase 0.2639	Fair value per unit $ 5.7

E. Expenses incurred on share-based payment transactions are shown below:

Equity-settled	Nine months ended September 30, `2021` `2020` `$ 17,955` `$-`
	`2021` `$ 17,955`

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(22) Share capital

A. The Company’s authorized capital was $25,000,000, of which certain shares can be issued as preference shares. The above authorized capital include $500,000 reserved for employee stock option certificates, restricted stocks to employees, convertible preferred stock and convertible bonds. As of September 30, 2021, the paid-in capital was $18,790,568 with a par value of $10 (in dollars) per share. All proceeds from shares issued have been collected.
B. Movements in the number of the Company’s ordinary shares outstanding (in thousands of shares) for the nine months ended September 30, 2021 and 2020 are as follows:

At January 1 and September 30	`2021` `1,679,057`	`2020`
		`1,679,057`

C. On June 28, 2019, the Board of Directors resolved to increase its capital by issuing 200 million shares of Class A preferred stocks at the price of $50 (in dollars) per share with the effective date set on September 18, 2019 for repayment of borrowings to financial institutions and strengthening the Company’s working capital. The registration of issuance has been completed on October 3, 2019. The rights and obligations of the issuance are as follows:
(a) Expiration date: The Company’s Class A preferred stocks are perpetual but all or certain parts are callable at any time from the next day of five years after issuance at the actual issue price.
(b) Dividends: Dividends are calculated at 4% (five-year IRS rate: 0.605%+3.395%) per annum based on the issue price per share. The five-year IRS rate will be reset on the next business day of five years since issuance and every subsequent five years and the pricing effective date for rate reset is two Taipei financial industry business days prior to the IRS rate reset date. The rate index, five-year IRS rate, is the arithmetic mean of five-year IRS rates appearing on Reuters pages “TAIFXIRS” and “COSMOS3” at 11:00 a.m. (Taipei time) on the relevant pricing effective date of rate reset. If such rate cannot be obtained, the Company will determine the rate based on the reasonable market price with good faith.
(c) Dividend distribution: Dividends are distributed once per year in the form of cash. The current year’s earnings, if any, shall first be used to pay all taxes and offset prior years’ operating losses and then shall be set aside as legal reserve in accordance with the Articles of Incorporation and set aside as or reversed special reserve in accordance with the Articles of Incorporation or regulations of regulatory authority. The remaining amount, if any, shall be preferentially distributed as dividends of Class A preferred stocks.
- The Company has discretion in dividend distribution of Class A preferred stocks. The Company could choose not to distribute dividends of preferred stocks when resolved

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by the stockholders, which would not be able to lead to default if the Company has no or has insufficient current year’s earnings for distribution or has other necessary considerations. In addition, the amounts of undistributed dividends or insufficient distributed dividends will not become deferred payments in future years when the Company has earnings.

(d) Excess dividend distribution: Besides the aforementioned dividends, the stockholders of Class A preferred stocks could not participate in the distribution of cash and capitalized assets for common stocks derived from earnings and capital surplus.
(e) Residual property distribution: The stockholders of Class A preferred stocks have priority over stockholders of common stocks in distributing the Company’s residual property but the limit is the amount calculated by shares of outstanding preferred stocks issued and the issue price when distributing.
(f) Right to vote and be elected: The stockholders of Class A preferred stocks have no right to vote and be elected in the stockholders’ meeting of the Company but have right to vote in the stockholders’ meeting for stockholders of Class A preferred stocks only and stockholders’ meeting regarding unfavourable matters to rights and obligations of stockholders of Class A preferred stocks.
(g) Conversion to common stocks: Class A preferred stocks could not be converted to common stocks and the stockholders of Class A preferred stocks could not request the Company to retire the preferred stocks they held.
(h) The preemptive rights for stockholders of Class A preferred stocks are the same as of common stocks when the Company increases its capital by issuing new shares.
D. On September 18, 2020, the Board of Directors of the Company resolved to increase its capital by issuing series B preference shares, and the issuance price is tentatively set at NT$50 per share, and the expected total issuance amounted to $5,000,000. The capital increase was approved by the FSC on October 21, 2020. However, in consideration of preference shares’ capital market and the Company’s overall maximum benefits, the Board of Directors of WPG Holdings Limited resolved to revoke and cancel the proposed capital increase of series B preference shares. The cancellation was approved by the FSC on April 6, 2021.

(23) Capital surplus

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

~59~

insufficient.

B. Details of capital surplus - stock options are as follows:

January 1 Changes in equity of associates and joint ventures accounted for using the equity method Changes in ownership of subsidiaries September 30 January 1 Changes in equity of associates and joint ventures accounted for using the equity method September 30			`2021`	`2021`
	Common stock share premium `$19,387,285` `-` `-` `$19,387,285`	Preferred stock share premium `$ 7,994,638` `-` `-` `$ 7,994,638`
	Common stock share premium `$19,387,285` `-` `$19,387,285`	Preferred stock share premium `$ 7,994,638` `-` `$ 7,994,638`	Treasury share transaction `$ 45,177` `-` `$ 45,177`	Recognized changes in subsidiaries’ equity `$ 431` `-` `$ 431`	Changes in associates’ net equity `$ 28,767` `226,894` `$ 255,661`

(24) Retained earnings
A. Under the Company’s Articles of Incorporation, the current year’s earnings, if any, shall be used to set aside as legal reserve, and set aside as special reserve in accordance with Article 41 of Securities and Exchange Act. The remainder, if any, to be appropriated shall be proposed by the Board of Directors. If cash dividends are distributed, they shall account for at least 20% of the total dividends distributed.
- Employees of the Company’s subsidiaries are entitled to receive the distribution of earnings. The terms shall be defined by the Board of Directors.
B. Legal reserve can only be used to cover accumulated losses or issue new shares or cash to shareholders in proportion to their share ownership, provided that the balance of the reserve exceeds 25% of the Company’s paid-in capital.
C. In accordance with the regulations, the Company shall set aside special reserve from the debit balance on other equity items at the balance sheet date before distributing earnings. When debit balance on other equity items is reversed subsequently, the reversed amount could be included in the distributable earnings.
D. The appropriations of 2020 earnings had been resolved after meeting the statutory voting threshold via the electronic voting platform during the shareholders’ meeting and by the shareholders at their meeting on June 20, 2021 and August 3, 2021, respectively. Also, the appropriations of 2019 earnings had been resolved at the shareholders’ meeting on June 24,

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2020. Details are summarised below:

Legal reserve Provision for special reserve Cash dividends Cash dividends of preference stock	For the years ended December 31 `2020` `2019` Amount Dividend per share (in dollars) Amount Dividend per share (in dollars) `$ 816,223 $ -` `$ 646,344 $ -` `3,412,100` `-` `2,818,012` `-` `5,205,076` `3.10` `4,029,736` `2.40` `400,000` `2.00` `115,068` `0.58` `$ 9,833,399` `$ 7,609,160`	For the years ended December 31 `2020` `2019` Amount Dividend per share (in dollars) Amount Dividend per share (in dollars) `$ 816,223 $ -` `$ 646,344 $ -` `3,412,100` `-` `2,818,012` `-` `5,205,076` `3.10` `4,029,736` `2.40` `400,000` `2.00` `115,068` `0.58` `$ 9,833,399` `$ 7,609,160`
	`2020` Amount Dividend per share (in dollars) `$ 816,223 $ -` `3,412,100` `-` `5,205,076` `3.10` `400,000` `2.00` `$ 9,833,399`
	Amount `$ 816,223` `3,412,100` `5,205,076` `400,000` `$ 9,833,399`	Amount `$ 646,344` `2,818,012` `4,029,736` `115,068` `$ 7,609,160`

The appropriations of 2020 earnings which had been resolved after meeting the statutory voting threshold via the electronic voting platform during the shareholders’ meeting and by the shareholders at their meeting and the appropriations of 2019 earnings which had been resolved by the shareholders were in line with the appropriations resolved by the Board of Directors.

E. For the information relating to employees’ compensation and directors’ remuneration, please refer to Note 6(32).

(25) Other equity items

Other equity items
				2021
	Investments at
	fair value through
	comprehensive			Currency
		income		translation		Total
At January 1	`$`	`1,854,371`	`($ 10,687,165)`		`($`	`8,832,794)`
Revaluation-gross		`1,353,264`		`-`		`1,353,264`
Revaluation transferred to
retained earnings	`(`	`189,116)`		`-`	`(`	`189,116)`
Revaluation-associates		`102,765`		`-`		`102,765`
Revalution transferred to retained
earnings - associates	`(`	`25,400)`		`-`	`(`	`25,400)`
Cumulative translation
differences:
- Group		`-`	`(`	`1,979,518)`	`(`	`1,979,518)`
- Tax on Group		`-`		`4,068`		`4,068`
- Associates		`-`	`(`	`210,550)`	`(`	`210,550)`
At September 30	`$`	`3,095,884`	`($ 12,873,165)`		`($`	`9,777,281)`

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(26) 2020
Investments at
fair value through
comprehensive
income
Currency
translation
Total
At January 1
($ 6,000) ($ 5,414,694) ($ 5,420,694)
Revaluation-gross
1,499,386 -
1,499,386
Revaluation transferred to
retained earnings
( 31,355) - ( 31,355)
Cumulative translation
differences:
- Group
- ( 3,170,327) ( 3,170,327)
- Tax on Group
- 788
788
- Associates
-
( 283,162)
( 283,162)
At September 30
$ 1,462,031
($ 8,867,395)
($ 7,405,364)
Operating revenue
Three months ended September 30,
2021
2020
Revenue from contracts with customers
$ 201,889,626
$ 169,986,962
Nine months ended September 30,
2021
2020
Revenue from contracts with customers
$ 579,230,551
$ 450,842,215
Disaggregation of revenue from contracts with customers

The Group derives revenue from the transfer of goods and services at a point in time in the following major product lines:

The Group derives revenue from the transfer of following major product lines:	goods and services at a point in time in the
Core components Analog IC and mixed signal components Discrete IC, logic IC Memory Optical components Passive connector and magnetic components Others	Three months ended September 30, `2021` `2020` `$ 60,335,136` `$ 60,499,927` `19,054,400` `23,498,259` `26,605,400` `21,589,030` `61,881,142` `32,160,968` `19,683,047` `18,304,751` `10,463,582` `10,267,783` `3,866,919` `3,666,244` `$ 201,889,626` `$ 169,986,962`
	`2021` `$ 60,335,136` `19,054,400` `26,605,400` `61,881,142` `19,683,047` `10,463,582` `3,866,919` `$ 201,889,626`

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(27) (28)	Core components Analog IC and mixed signal components Discrete IC, logic IC Memory Optical components Passive connector and magnetic components Others Interest income Interest income from bank deposits Interest income from financial assets measured at amortized cost Interest income from bank deposits Interest income from financial assets measured at amortized cost Other income Rental revenue Dividend income Other income Rental revenue Dividend income Other income	Nine months ended September 30, `2021` `2020` `$ 171,656,979` `$ 147,964,784` `55,522,367` `74,371,241` `78,827,378` `59,832,267` `171,787,110` `93,390,729` `61,414,105` `41,632,908` `29,880,038` `23,518,059` `10,142,574` `10,132,227` `$ 579,230,551` `$ 450,842,215` Three months ended September 30, `2021` `2020` `$ 5,253` `$ 5,068` `1,840` `1,947` `$ 7,093` `$ 7,015` Nine months ended September 30, `2021` `2020` `$ 18,757` `$ 28,214` `2,857` `2,440` `$ 21,614` `$ 30,654` Three months ended September 30, `2021` `2020` `$ 17,314` `$ 12,565` `52,419` `23,761` `15,745` `14,862` `$ 85,478` `$ 51,188` Nine months ended September 30, `2021` `2020` `$ 43,474` `$ 35,390` `57,668` `43,741` `120,867` `100,953` `$ 222,009` `$ 180,084`
		`2021` `$ 43,474` `57,668` `120,867` `$ 222,009`

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(29) Other gains and losses

(30) Three months ended September 30,
2021
2020
Loss on disposal of property, plant and
equipment
($ 749) ($ 98)
Gain on disposal of non-current assets held for
sale
149,997
-
Loss on disposal of investments
( 6,049) ( 19,245)
Currency exchange gain
17,673
130,410
Gain on financial assets and liabilities at fair
value through profit or loss
29,865
41,554
(Loss) gain arising from lease modifications
( 88) 262
Depreciation on investment property
( 7,878) ( 5,456)
Impairment losses
( 247,957) -
Other losses
( 39,023)
( 692)
($ 104,209)
$ 146,735
Nine months ended September 30,
2021
2020
Loss on disposal of property, plant and
equipment
($ 1,405) ($ 320)
Gain on disposal of non-current assets held for
sale
457,864
-
Gain (loss) on disposal of investments
471 ( 26,975)
Currency exchange (loss) gain
( 22,266) 496,949
Gain on financial assets and liabilities at fair
value through profit or loss
149,317
158,989
Gain (loss) arising from lease modifications
31,710 ( 693)
Depreciation on investment property
( 23,345) ( 16,372)
Impairment losses
( 325,235) -
Other losses
( 48,136)
( 49,867)
$ 218,975
$ 561,711
Finance costs
Three months ended September 30,
2021
2020
Interest expense:
Bank borrowings
$ 428,252
$ 367,349
Less: Capitalization of qualifying assets
- ( 12,807)
Lease liabilities
15,464
17,623
Others
100,610
53,233
$ 544,326
$ 425,398

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Interest expense: Bank borrowings Less: Capitalization of qualifying assets Lease liabilities Others	Nine months ended September 30, `2021` `2020` `$ 1,179,194` `$ 1,349,350` `- ( 26,434)` `47,329` `37,225` `266,118` `147,156` `$ 1,492,641` `$ 1,507,297`

(31) Additional information of expenses by nature

Additional information of expenses by nature
Employee benefit expense Depreciation charges Property, plant and equipment Investment property Right-of-use assets Amortization charges on intangible assets Employee benefit expense Depreciation charges Property, plant and equipment Investment property Right-of-use assets Amortization charges on intangible assets	Three months ended September 30, `2021` `2020` `$ 2,961,749` `$ 2,169,179` `$ 98,014` `$ 62,697` `7,878` `5,456` `121,439` `121,965` `$ 227,331` `$ 190,118` `$ 20,208` `$ 16,290` Nine months ended September 30, `2021` `2020` `$ 8,060,079` `$ 6,136,257` `$ 282,400` `$ 187,908` `23,345` `16,372` `359,206` `348,995` `$ 664,951` `$ 553,275` `$ 55,520` `$ 47,770`
	`2021` `$ 8,060,079` `$ 282,400` `23,345` `359,206` `$ 664,951` `$ 55,520`

(32) Employee benefit expense

Employee benefit expense
Wages and salaries Directors’ remuneration Share-based payment Labor and health insurance fees Pension costs Other personnel expenses	Three months ended September 30, `2021` `2020` `$ 2,656,350` `$ 1,921,256` `19,000` `10,816` `17,955` `-` `104,888` `90,856` `91,031` `75,103` `72,525` `71,148` `$ 2,961,749` `$ 2,169,179`
	`2021` `$ 2,656,350` `19,000` `17,955` `104,888` `91,031` `72,525` `$ 2,961,749`

~65~

Wages and salaries Directors’ remuneration Share-based payment Labor and health insurance fees Pension costs Other personnel expenses	Nine months ended September 30, `2021` `2020` `$ 7,199,063` `$ 5,449,392` `44,573` `30,608` `17,955` `-` `295,032` `247,976` `277,124` `204,959` `226,332` `203,322` `$ 8,060,079` `$ 6,136,257`
	`2021` `$ 7,199,063` `44,573` `17,955` `295,032` `277,124` `226,332` `$ 8,060,079`

A. According to the Articles of Incorporation of the Company, a ratio of profit of the current year distributable, after covering accumulated losses, shall be distributed as employees’ compensation and directors’ remuneration. The ratio shall be between 0.01% ~5% for employees’ compensation and shall not be higher than 3% for directors’ remuneration.
B. The Company has established the audit committee, therefore, there was no remuneration paid to supervisors for the three months and nine months ended September 30, 2021 and 2020.
C. For the three months ended September 30, 2021 and 2020, and nine months ended September 30, 2021 and 2020, employees’ compensation was accrued at $10,863, $8,013, $40,838 and $22,388, respectively; while directors’ remuneration was accrued at $19,131, $8,750, $39,750 and $26,250, respectively. The aforementioned amounts were recognized in salary expenses.
The employees’ compensation and directors’ remuneration were estimated and accrued based on the profit of current year distributable for the three months ended September 30, 2021 and nine months ended September 30, 2021, and the percentage as prescribed by the Company’s Articles of Incorporation.
For 2020, the employees’ compensation and directors’ remuneration resolved by the Board of Directors during its meeting on April 27, 2021 amounted to $42,600 and $47,694, respectively, and the employees’ compensation and directors’ remuneration recognized in the 2020 financial statements amounted to $39,850 and $47,825, respectively. The difference of $2,750 and $131 between the amounts resolved by the Board of Directors and the amounts recognized in the 2020 financial statements, mainly resulting from the increase in employees’ compensation and decrease in directors’ remuneration, had been adjusted in profit or loss in the second quarter of 2021. The employees’ compensation was distributed in the form of cash.
D. Information about employees’ compensation and directors’ remuneration of the Company as resolved by the Board of Directors and shareholders will be posted in the “Market Observation Post System” at the website of the Taiwan Stock Exchange.

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(33) Income tax

A. Income tax expense

(a) Components of income tax expense:

tax me tax expense Components of income tax expense:
	Three months ended September 30,
		`2021`	`2020`
Current tax
Current tax on profits for the period	`$`	`661,192`	`$ 502,678`
Prior year income tax (over) under
estimation	`(`	`3,046)`	`12,972`
Total current tax		`658,146`	`515,650`
Deferred tax
Origination and reversal of temporary
differences	`(`	`10,404)`	`6,207`
Total deferred tax	`(`	`10,404)`	`6,207`
Income tax expense	`$`	`647,742`	`$ 521,857`
		Nine months ended September 30,
		`2021`	`2020`
Current tax
Current tax on profits for the period	`$`	`1,927,095`	`$ 1,345,665`
Prior year income tax over estimation	`(`	`22,842)`	`( 28,740)`
Tax on undistributed surplus earnings		`3,512`	`900`
Total current tax		`1,907,765`	`1,317,825`
Deferred tax
Origination and reversal of temporary
differences		`8,678`	`( 20,232)`
Total deferred tax		`8,678`	`( 20,232)`
Income tax expense	`$`	`1,916,443`	`$ 1,297,593`

(b) The income tax (charge)/credit relating to components of other comprehensive loss (income) is as follows:

The income tax (charge)/credit relating (income) is as follows:	to components of other comprehensive loss
Currency translation differences `(` Currency translation differences `(`	Three months ended September 30, `2021` `2020` `$ 983)` `($ 475)` Nine months ended September 30, `2021` `2020` `$ 4,068)` `($ 788)`
	`2021` `$ 4,068)`

B. As of November 9, 2021, the Company’s income tax returns through 2016 have been assessed and approved by the Tax Authority.

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(34) Earnings per share

Earnings per share
Basic earnings per share Profit attributable to ordinary shareholders of the parent Less: Dividends of preference stock Profit used to calculate basic earnings per share/weighted-average number of shares Diluted earnings per share Profit attributable to ordinary shareholders of the parent Less: Dividends of preference stock Profit used to calculate basic earnings per share/weighted-average number of shares Assumed conversion of all dilutive potential ordinary shares Employees’ compensation Profit used to calculate diluted earnings per share/weighted-average number of shares Basic earnings per share Profit attributable to ordinary shareholders of the parent Less: Dividends of preference stock Profit used to calculate basic earnings per share/weighted-average number of shares Diluted earnings per share Profit attributable to ordinary shareholders of the parent Less: Dividends of preference stock Profit used to calculate basic earnings per share/weighted-average number of shares Assumed conversion of all dilutive potential ordinary shares Employees’ compensation Profit used to calculate diluted earnings per share/weighted-average number of shares	Three months ended September 30, 2021
	Amount after tax Weighted average number of ordinary shares outstanding (shares in thousands) Earnings per share (in dollars) `$ 3,185,295` `-` `$ 3,185,295` `1,679,057` `$ 1.90` `$ 3,185,295` `-` `3,185,295 1,679,057` `-` `842` `$ 3,185,295` `1,679,899` `$ 1.90` Three months ended September 30, 2020		Earnings per share (in dollars)
			`$ 1.90`
			`$ 1.90`
	Amount after tax `$ 2,257,062` `-` `$ 2,257,062` `$ 2,257,062` `-` `2,257,062` `-` `$ 2,257,062`	Weighted average number of ordinary shares outstanding (shares in thousands) `1,679,057` `1,679,057` `576` `1,679,633`	Earnings per share (in dollars)
			`$ 1.34`
			`$ 1.34`

~68~

Nine months ended September 30, 2021	Nine months ended September 30, 2021	Nine months ended September 30, 2021
Amount after tax Weighted average number of ordinary shares outstanding (shares in thousands) Earnings per share (in dollars) `$ 8,792,164` `400,000)` `$ 8,392,164` `1,679,057` `$ 5.00` `$ 8,792,164` `400,000)` `8,392,164 1,679,057` `-` `1,208` `$ 8,392,164` `1,680,265` `$ 4.99` Nine months ended September 30, 2020		Earnings per share (in dollars)
		`$ 5.00`
		`$ 4.99`
Amount after tax `$ 6,036,162` `115,068)` `$ 5,921,094` `$ 6,036,162` `115,068)` `5,921,094` `-` `$ 5,921,094`	Weighted average number of ordinary shares outstanding (shares in thousands) `1,679,057` `1,679,057` `908` `1,679,965`	Earnings per share (in dollars)
		`$ 3.53`
		`$ 3.52`

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(35) Transactions with non-controlling interest

A. Acquisition of additional equity interest in a subsidiary

The Group acquired 1,241,000 shares of supplemental issuance shares of the subsidiary, Trigold Holdings Limited (Trigold), by cash amounting to $32,305 on September 14, 2021. The carrying amount of non-controlling interest in Trigold Holdings Limited was $623,998 at the acquisition date. This transaction decreased non-controlling interest and equity attributable to owners of the parent by $24,650 and $7,655, respectively. The effect of changes in interests in Trigold Holdings Limited on the equity attributable to owners of the parent for the nine months ended September 30, 2021 is shown below:

Carrying amount of non-controlling interest acquired Consideration paid to non-controlling interest Difference between consideration and carrying amount of subsidiaries acquired or disposed (shown as deductions on retained earnings) `(`	Nine months ended September 30, `2021` `2020` `$ 24,650` `$ -` `32,305` `-` `$ 7,655)` `$-`
	`2021` `$ 24,650` `32,305` `$ 7,655)`

B. The Group did not participate in the capital increase raised by a subsidiary proportionally to its interest to the subsidiary
The Group’s subsidiary, Trigold Holdings Limited, increased its capital by issuing new shares on September 14, 2021. Accordingly, the Group’s equity interest decreased by 1.64% because the Group did not participate in the capital increase proportionally to its interest, resulting in an increase on the equity attributable to owners of the parent by $2,563 (shown as capital surplus).
C. During the nine months ended September 30, 2020, the Group had no transaction made with non-controlling interest.

(36) Supplemental cash flow information

Partial payment of cash from investing activities

Supplemental cash flow information Partial payment of cash from investing activities
Acquisition of property, plant and equipment, investment property and intangible assets Add: Accounts payable at the beginning of the period Prepayments for business facilities at the end of the period Less: Prepayments for business facilities at the beginning of the period `(` Cash paid during the period	Nine months ended September 30, `2021` `2020` `$ 1,413,146` `$ 5,567,377` `102,232` `1,031` `536,953` `127` `416,570)` `( 1,687)` `$ 1,635,761` `$ 5,566,848`
	`2021` `$ 1,413,146` `102,232` `536,953` `416,570)` `$ 1,635,761`

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(37) Changes in liabilities from financing activities

Short-term
Short-term
notes and
borrowings
bills payable
At January 1, 2021
$59,040,547
$4,941,505
Changes in cash flow
from financing
activities
25,788,099
2,353,604
Others
-
-
At September 30,
2021
$84,828,646
$7,295,109
Short-term
Short-term
notes and
borrowings
bills payable
At January 1, 2020
$68,891,614
$5,555,424
Changes in cash flow
from financing
activities
( 12,726,841) ( 659,347)
Others
-
-
At September 30,
2020
$56,164,773
$4,896,077 Long-term
borrowings
Lease
Liabilities
from financing
(Note)
liabilities
activities-gross
$25,063,495
$1,695,108
$ 90,740,655
8,416,676 ( 334,551) 36,223,828
-
216,455
216,455
$33,480,171
$1,577,012
$127,180,938
Long-term
borrowings
Lease
Liabilities
from financing
(Note)
liabilities
activities-gross
$12,833,373
$1,157,543
$ 88,437,954
12,085,718 ( 316,331) ( 1,616,801)
-
815,008
815,008
$24,919,091
$1,656,220
$ 87,636,161

Note: Including long-term borrowings-current portion less unamortized discounts.

7. RELATED PARTY TRANSACTIONS

(1) Parent and ultimate controlling party

The Group’s shares are widely held so the Company has no ultimate parent and ultimate controlling party.

(2) Names of related parties and relationship

Names of related parties Relationship with the Group Chain Power Technology Corp. Investee accounted for using the equity method Supply Consultants Limited 〞 VITEC WPG Limited 〞 Gain Tune Logistics (Shanghai) Co., Ltd. 〞 Suzhou Xinning Logistics Co., Ltd. 〞 Suzhou Xinning Bonded Warehouse Co., Ltd. 〞 Eesource Corp. 〞 WT Microelectronics Co., Ltd. 〞 Haomao (Shanghai) Enterprise Development Co., Other related party Ltd. Autosys (TW) Co., Ltd. Subsidiary of investee accounted for using the equity method

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Names of related parties Relationship with the Group

Subsidiary of investee accounted for using the HongTech Electronics Co., Ltd. equity method Maxtek Technology Co., Ltd. 〞 Morrihan International Corp. 〞 WT Microelectronics (Hong Kong) Limited 〞 WT Microelectronics Singapore Pte. Ltd. 〞 NuVision Technology, Inc. 〞 WPG P.T. Electrindo Jaya Stockholder of a Group’s subsidiary accounted for using the equity method WPG Holdings Education Foundation One third of paid-in-capital was granted by the Group

(3) Significant transactions and balances with related parties A. Operating revenues

Operating revenues
Sales of goods Others Associates Sales of goods Others Associates	Three months ended September 30, `2021` `2020` `$ 263,091` `$ 117,149` `217,306` `180,490` `$ 480,397` `$ 297,639` Nine months ended September 30, `2021` `2020` `$ 575,283` `$ 348,375` `432,942` `412,115` `$ 1,008,225` `$ 760,490`
	`2021` `$ 575,283` `432,942` `$ 1,008,225`

The terms and sales prices with other related parties were negotiated in consideration of different factors including product, cost, market, competition and other conditions. The collection period was 90 days. Terms and sales prices with associates are in accordance with normal selling prices and terms of collection.

B. Purchases

Purchases
Purchases of goods Associates Purchases of goods Associates	Three months ended September 30,
	`2021` `2020` `$ 619,883` `$ 96,882` Nine months ended September 30,
	`2021` `$ 807,641`	`2020` `$ 238,852`

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The purchase prices and terms of payment for associates including products, market competition and other conditions are the same as those for general suppliers.

C. Receivables from related parties

Accounts receivable Others Associates	September 30, 2021 `$ 124,684` `57,787` `$ 182,471`	December 31, 2020 `$ 133,462` `44,431` `$ 177,893`	September 30, 2020 `$ 59,818` `68,459` `$ 128,277`

The receivables from related parties arise mainly from sales of goods. The receivables are due 30 to 90 days after the date of sale. The receivables are unsecured in nature and bear no interest. There is no allowance for doubtful accounts held against receivables from related parties.

D. Other receivables

September 30, 2021 December 31, 2020 September 30, 2020 Other receivables Associates $ 7,191 $ 1,615 $ 3,510

Other receivables from associates refer to dividends receivable, payments on behalf of others and purchases paid on behalf of others, etc.

E. Payables to related parties

September 30, 2021 December 31, 2020 September 30, 2020 Accounts payable Associates $ 335,927 $ 77,023 $ 63,970

The payables to related parties arise mainly from purchases of goods. The payables are due 30 to 90 days after the date of purchase. The payables are unsecured in nature and bear no interest.

F. Endorsements and guarantees provided to related parties

September 30, 2021 December 31, 2020 September 30, 2020 Associates VITEC WPG Limited $ 62,662 $ 64,080 $ 65,475

G. Others

The Group’s donations to WPG Holding Education Foundation were $1,500, $1,800, $5,000 and $5,600 for the three months ended September 30, 2021 and 2020, and nine months ended September 30, 2021 and 2020, respectively.

(4) Key management compensation

Key management compensation
Salaries and other short-term employee benefits Post-employment benefits	Three months ended September 30, `2021` `2020` `$ 89,694` `$ 73,190` `904` `1,177` `$ 90,598` `$ 74,367`
	`2021` `$ 89,694` `904` `$ 90,598`

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Salaries and other short-term employee benefits Post-employment benefits	Nine months ended September 30, `2021` `2020` `$ 241,531` `$ 179,948` `2,713` `2,286` `$ 244,244` `$ 182,234`
	`2021` `$ 241,531` `2,713` `$ 244,244`

8.	PLEDGED ASSETS Pledged assets (Note 1) Financial assets at amortized cost -Time deposits Financial assets at fair value though profit or loss - non-current (Note 2) Property, plant and equipment (including investment property) -Land -Buildings and structures -Construction in progress and equipment to be tested	September 30, 2021 `$ 45,092` `7,503` `5,178,781` `2,499,411` `-` `$ 7,730,787`	December 31, 2020 `$ 43,048` `7,503` `5,178,570` `2,807,578` `-` `$ 8,036,699`	September 30, 2020 `$ 43,572` `7,503` `1,109,443` `493,739` `6,744,985` `$ 8,399,242`	Purpose of Collateral
					Security for purchases and time deposit for performance bond Security for purchases Long-term and short-term borrowings guarantee and security for purchases `〞` Long-term borrowings guarantee

Note 1: The Company held 100% of shares of WPG Investment Co., Ltd., in which 8,999 thousand shares have been pledged for purchases as of September 30, 2021, December 31, 2020 and September 30, 2020.
Note 2: As of September 30, 2021, December 31, 2020 and September 30, 2020, the subsidiary - Silicon Application Corporation held 566 thousand shares of Kingmax Semiconductor Inc., which have been pledged for purchases.
SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNIZED CONTRACT COMMITMENTS
In addition to Note 6(6), other commitments were as follows:
(1) Contingencies

None.

(2) Commitments
A. Capital expenditures contracted for at the balance sheet date but not yet incurred are as follows:

follows:
Property, plant and equipment and intangible assets	September 30, 2021 `$-`	December 31, 2020 `$-`	September 30, 2020
			`$ 66,784`

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B. The Group’s letters of credit issued but not negotiated are as follows:

September 30, 2021 `$ 1,437,948` `USD 160,856,000`	December 31, 2020 `$ 1,269,531` `USD 126,213,000`	September 30, 2020
		`$ 1,353,319` `USD 119,518,000`

C. As of September 30, 2021, the remaining payments for the contract of non-fixed car park the Group entered into amounted to $22,350.
D. As of September 30, 2021, the unpaid payment arising from the service contracts signed for computer facilities, internet and information security maintenances amounted to $69,300.

10. SIGNIFICANT DISASTER LOSS

None.

11. SIGNIFICANT EVENTS AFTER THE BALANCE SHEET DATE

None.

12. OTHERS

(1) Capital risk management

There was no significant change in the reporting period. Please refer to Note 12 in the consolidated financial statements for the year ended December 31, 2020.

(2) Financial instruments

A. Financial instruments by category

Financial assets Financial assets measured at fair value through profit or loss Financial assets mandatorily measured at fair value through profit or loss Financial assets at fair value through other comprehensive income Designation of equity instrument Financial assets at amortized cost Cash and cash equivalents Financial assets at amortized cost Notes receivable Accounts receivable (including related parties) Other receivables (including related parties) Guarantee deposits paid Other financial assets	September 30, 2021 `$ 1,562,786` `$ 3,340,338` `$ 10,647,106` `1,667,615` `2,629,716` `139,022,299` `9,751,333` `189,073` `726,282` `$ 164,633,424`	December 31, 2020 `$ 1,433,930` `$ 1,831,394` `$ 11,020,020` `472,363` `3,210,976` `108,398,920` `12,935,325` `183,918` `2,304,294` `$ 138,525,816`	September 30, 2020 `$ 1,439,796` `$ 529,378` `$ 12,953,214` `498,704` `2,432,617` `111,080,278` `12,914,455` `186,342` `1,149,455` `$ 141,215,065`

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Financial liabilities Financial liabilities measured at fair value through profit or loss Financial liabilities held for trading Financial liabilities at amortized cost Short-term borrowings Short-term notes and bills payable Notes payable Accounts payable (including related parties) Other payables Long-term borrowings (including current portion) Guarantee deposits received Lease liabilities	September 30, 2021 `$ 3,506` `$ 84,828,646` `7,295,109` `40,981` `86,547,797` `9,710,972` `33,480,171` `448,917` `$ 222,352,593` `$ 1,577,012`	December 31, 2020 `$ 2,737` `$ 59,040,547` `4,941,505` `50,651` `62,912,592` `8,033,574` `25,063,495` `174,142` `$ 160,216,506` `$ 1,695,108`	September 30, 2020 `$ 4,458` `$ 56,164,773` `4,896,077` `131,140` `69,129,549` `6,447,488` `24,919,091` `262,557` `$ 161,950,675` `$ 1,656,220`

B. Risk management policies
(a) The Group’s activities expose it to a variety of financial risks: market risk (including foreign exchange risk, interest rate risk and price risk), credit risk and liquidity risk. To minimize any adverse effects on the financial performance of the Group, derivative financial instruments, such as foreign exchange forward contracts, are used to hedge certain exchange rate risk. Derivatives are used exclusively for hedging purposes and not as trading or speculative instruments.
(b) Risk management is carried out by a central treasury department (Group treasury) under policies approved by the Board of Directors. Group treasury identifies, evaluates and hedges financial risks in close cooperation with the Group’s operating units. The Board provides written principles for overall risk management, as well as written policies covering specific areas and matters, such as foreign exchange risk, interest rate risk, credit risk, use of derivative financial instruments and non-derivative financial instruments, and investment of excess liquidity.
(c) Information about derivative financial instruments that are used to hedge certain exchange rate risk are provided in Note 6(2).
C. Significant financial risks and degrees of financial risks
(a) Market risk

Foreign exchange risk

i. The Group operates internationally and is exposed to foreign exchange risk arising from the transactions of the Company and its subsidiaries used in various currency, primarily with respect to the USD and RMB. Exchange rate risk arises from future

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commercial transactions and recognized assets and liabilities.

ii. Management has set up a policy to require group companies to manage their foreign exchange risk against their functional currency. The companies are required to hedge their entire foreign exchange risk exposure with the Group treasury. Exchange rate risk is measured through a forecast of highly probable USD and RMB expenditures. Forward foreign exchange contracts are adopted to minimize the volatility of the exchange rate affecting cost of forecast inventory purchase.
iii. The Group hedges foreign exchange rate by using forward exchange contracts. However, the Group does not adopt hedging accounting. Details of financial assets or liabilities at fair value through profit or loss are provided in Note 6(2).
iv. The Group’s businesses involve some non-functional currency operations (the Company’s and certain subsidiaries’ functional currency: NTD; other certain foreign subsidiaries’ functional currency: local currency). The information on assets and liabilities denominated in foreign currencies whose values would be materially affected by the exchange rate fluctuations is as follows:

September 30, 2021

(Foreign currency: functional currency) Financial assets Monetary items USD`：`TWD USD`：`RMB USD`：`KRW HKD`：`USD RMB`：`USD Non-monetary items RMB`：`USD Financial liabilities Monetary items USD`：`TWD USD`：`RMB USD`：`KRW USD`：`INR HKD`：`USD RMB`：`USD	Foreign currency amount (in thousands) `$ 951,952` `15,573` `91,192` `67,344` `828,777` `32,044` `914,943` `95,830` `86,491` `8,425` `39,233` `779,580`	Exchange rate `27.85` `6.47` `1,184.90` `0.13` `0.15` `0.15` `27.85` `6.47` `1,184.90` `74.33` `0.13` `0.15`	Book value (NTD) `$ 26,511,868` `433,716` `2,539,709` `240,823` `3,567,884` `138,493` `25,481,169` `2,668,865` `2,408,787` `234,631` `140,295` `3,356,093`

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December 31, 2020

(Foreign currency: functional currency) Financial assets Monetary items USD`：`TWD USD`：`RMB USD`：`KRW HKD`：`USD RMB`：`USD Non-monetary items RMB`：`USD Financial liabilities Monetary items USD`：`TWD USD`：`RMB USD`：`KRW USD`：`INR HKD`：`USD RMB`：`USD	Foreign currency amount (in thousands) `$ 634,783` `18,643` `33,008` `60,423` `796,418` `31,478` `529,621` `84,500` `18,782` `7,047` `59,235` `869,272`	Exchange rate `28.48` `6.51` `1,088.00` `0.13` `0.15` `0.15` `28.48` `6.51` `1,088.00` `73.15` `0.13` `0.15`	Book value (NTD) `$ 18,078,612` `530,946` `940,079` `221,932` `3,485,922` `137,778` `15,083,609` `2,406,558` `534,903` `200,686` `217,571` `3,804,801`

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September 30, 2020

(Foreign currency: functional currency) Financial assets Monetary items USD`：`TWD USD`：`RMB USD`：`KRW USD`：`JPY HKD`：`USD RMB`：`USD Non-monetary items RMB`：`USD Financial liabilities Monetary items USD`：`TWD USD`：`RMB USD`：`KRW USD`：`INR HKD`：`USD RMB`：`USD EUR`：`USD	Foreign currency amount (in thousands) `$ 645,048` `20,498` `33,008` `3,597` `56,275` `733,301` `30,952` `560,797` `77,170` `18,782` `7,489` `33,213` `673,500` `3,049`	Exchange rate `29.10` `6.82` `1,173.50` `105.59` `0.13` `0.15` `0.15` `29.10` `6.82` `1,173.50` `73.82` `0.13` `0.15` `1.17`	Book value (NTD) `$ 18,770,898` `596,484` `960,544` `104,686` `211,257` `3,130,462` `132,132` `16,319,195` `2,245,657` `546,548` `217,921` `124,683` `2,875,172` `105,630`

v. The total exchange gain (loss), including realized and unrealized arising from significant foreign exchange variation on the monetary items held by the Group for the three months ended September 30, 2021 and 2020, and nine months ended September 30, 2021 and 2020 amounted to $17,673, $130,410 $(22,266) and $496,949, respectively.

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vi. Analysis of foreign currency market risk arising from significant foreign exchange variation:

variation:
(Foreign currency: functional currency) Financial assets Monetary items USD`：`TWD USD`：`RMB USD`：`KRW HKD`：`USD RMB`：`USD Financial liabilities Monetary items USD`：`TWD USD`：`RMB USD`：`KRW USD`：`INR HKD`：`USD RMB`：`USD	Nine months ended September 30, 2021 Sensitivity Analysis Degree of Variation Effect on Profit or Loss Effect on Other Comprehensive Income `1%` `$ 265,119 $ -` `1%` `4,337` `-` `1%` `25,397` `-` `1%` `2,408` `-` `1%` `35,679` `-` `1%` `254,812` `-` `1%` `26,689` `-` `1%` `24,088` `-` `1%` `2,346` `-` `1%` `1,403` `-` `1%` `33,561` `-`

	Degree of Variation `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%`	Effect on Profit or Loss `$ 265,119` `4,337` `25,397` `2,408` `35,679` `254,812` `26,689` `24,088` `2,346` `1,403` `33,561`

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Nine months ended September 30, 2020	Nine months ended September 30, 2020	Nine months ended September 30, 2020
	Sensitivity Analysis
Degree of Variation `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%` `1%`	Effect on Profit or Loss `$ 187,709` `5,965` `9,605` `1,047` `2,113` `31,305` `163,192` `22,457` `5,465` `2,179` `1,247` `28,752` `1,056`	Effect on Other Comprehensive Income
		`$ -` `-` `-` `-` `-` `-` `-` `-` `-` `-` `-`

Price risk

i. The Group’s equity securities, which are exposed to price risk, are the held financial assets at fair value through profit or loss and financial assets at fair value through other comprehensive income. To manage its price risk arising from investments in equity securities, the Group diversifies its portfolio. Diversification of the portfolio is done in accordance with the limits set by the Group.
ii. Shares and open-end funds which the Group invested are issued by the domestic and foreign companies. The prices of equity securities would change due to the change of the future value of investee companies. If the prices of these equity securities had increased/decreased by 1% with all other variables held constant, post-tax profit for the nine months ended September 30, 2021 and 2020 would have increased/ decreased by $15,588 and $14,301, respectively, as a result of gains/losses on equity securities classified as at fair value through profit or loss. Other components of equity would have increased/decreased by $33,403 and $5,294, respectively, as a result of other comprehensive income classified as equity investment at fair value through other comprehensive income.

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Cash flow and fair value interest rate risk

i. The Group’s main interest rate risk arises from short-term borrowings with variable rates, which expose the Group to cash flow interest rate risk. For the nine months ended September 30, 2021 and 2020, the Group’s borrowings at variable rate were mainly denominated in New Taiwan dollars, US dollars and KRW dollars.
ii. If the borrowing interest rate had increased by 1% with all other variables held constant, profit, net of tax for the nine months ended September 30, 2021 and 2020 would have decreased by $175,332 and $144,294, respectively. The main factor is that changes in interest expense result from floating rate borrowings.
(b) Credit risk
i. Credit risk refers to the risk of financial loss to the Group arising from default by the clients or counterparties of financial instruments on the contract obligations. The main factor is that counterparties could not repay in full the accounts receivable based on the agreed terms, and the contract cash flows of notes receivable.
ii. The Group manages its credit risk taking into consideration the entire group’s concern. For banks and financial institutions, only independently rated parties with good rating are accepted. According to the Group’s credit policy, each local entity in the Group is responsible for managing and analysing the credit risk for each of their new clients before standard payment and delivery terms and conditions are offered. Internal risk control assesses the credit quality of the customers, taking into account their financial position, past experience and other factors. Individual risk limits are set based on internal or external ratings. The utilisation of credit limits is regularly monitored.
iii. Under IFRS 9, if the contract payments are past due over one month based on the terms, there has been a significant increase in credit risk on that instrument since initial recognition.
iv. The default occurs when the contract payments are past due more than five months.
v. The Group classifies customer’s accounts receivable in accordance with credit rating of customer and customer types. The Group applies the simplified approach using the provision matrix based on the loss rate methodology to estimate expected credit loss.
vi. The Group wrote-off the financial assets, which cannot be reasonably expected to be recovered, after initiating recourse procedures. However, the Group will continue executing the recourse procedures to secure their rights.
vii. The Group used the forecastability to adjust historical and timely information to assess the default possibility of accounts receivable. On September 30, 2021, December 31, 2020 and September 30, 2020, the provision matrix and loss rate

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methodology are as follows:

(i) Accounts receivable from general customers:

Not past due	One month past due	Two months past due `0.343%~` `91.667%` `$ 159,947`	Four months past due	Over four months past due `100%` `$ 429,251`	Total
	`0.029%~` `75.000%` `$ 3,276,147`		`40.90%~` `100%` `$ 10,603`		`$ 81,540,515`
`$ 101,917`	`$ 76,590`	`$ 26,354`	`$ 4,180`	`$ 429,251`	`$ 650,870`
Not past due	One month past due	Two months past due `1.182%~` `91.667%` `$ 148,295`	Four months past due	Over four months past due `100%` `$ 515,035`	Total
	`0.003%~` `58.333%` `$ 1,762,414`		`27.568%~` `100%` `$ 25,795`		`$ 55,351,610`
`$ 108,696`	`$ 42,336`	`$ 18,007`	`$ 9,342`	`$ 515,035`	`$ 701,855`
Not past due	One month past due `0.001%~` `48.54%` `$ 1,619,940`	Two months past due `1.182%~` `91.667%` `$ 203,386`	Four months past due `25.239%~` `100%` `$ 138,950`	Over four months past due `100%` `$ 719,314`	Total
					`$ 59,850,385`
`$ 129,658`	`$ 40,175`	`$ 28,020`	`$ 77,961`	`$ 719,314`	`$ 1,051,038`

(ii) Individually impaired and provisioned allowance for loss

	September 30, 2021	December 31, 2020	September 30, 2020
Total book value	`$ 46,009`	`$ 28,829`	`$ 147,492`

Loss allowance	`$ 33,558`	`$ 16,417`	`$ 10,903`
For customers whose current ratio, debt ratio, earnings, etc.			are within a certain
range:
	September 30, 2021	December 31, 2020	September 30, 2020
Expected loss rate	`0%`	`0%`	`0%`
Total book value	`$ 57,937,732`	`$ 53,558,860`	`$ 52,016,065`

Loss allowance	`$-`	`$-`	`$-`

(iii) For customers whose current ratio, debt ratio, earnings, etc. are within a certain range:

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viii. Movements in relation to the Group applying the simplified approach to provide loss allowance for notes and accounts receivable are as follows:

					`2021`
		Notes
		receivable		Accounts receivable
		Individual		Individual	Group
		provision		provision	provision		Subtotal	Total
At January 1	`$`		`2`	`$ 16,417`	`$ 701,855`	`$`	`718,272`	`$ 718,274`
Provision (reversal of)
for impairment	`(`		`1)`	`20,447`	`16,548`		`36,995`	`36,994`
Write-offs during the
period			`-`	`( 2,217)`	`( 641)`	`(`	`2,858)`	`( 2,858)`
Effect of foreign exchange			`-`	`( 1,089)`	`( 15,166)`	`(`	`16,255)`	`( 16,255)`
Transfers into overdue
receivables			`-`	`-`	`( 51,726)`	`(`	`51,726)`	`( 51,726)`
At September 30	`$`		`1`	`$ 33,558`	`$ 650,870`	`$`	`684,428`	`$ 684,429`
					`2020`
		Notes
		receivable		Accounts receivable
		Individual		Individual	Group
		provision		provision	provision		Subtotal	Total
At January 1	`$`		`2`	`$ 173,990`	`$ 748,519`	`$`	`922,509`	`$ 922,511`
(Reversal of) provision
for impairment	`(`		`1)`	`( 133,657)`	`351,283`		`217,626`	`217,625`
Write-offs during the
period			`-`	`( 847)`	`( 22,008)`	`(`	`22,855)`	`( 22,855)`
Effect of foreign exchange	`(`		`1)`	`( 19,341)`	`( 15,805)`	`(`	`35,146)`	`( 35,147)`
Transfers into overdue
receivables			`-`	`( 9,242)`	`( 10,951)`	`(`	`20,193)`	`( 20,193)`
At September 30	`$`		`-`	`$ 10,903`	`$1,051,038`	`$1,061,941`		`$1,061,941`

(c) Liquidity risk

i. Cash flow forecasting is performed in the operating entities of the Group. Each treasury department monitors rolling forecasts of the liquidity requirements to ensure it has sufficient cash to meet operational needs while maintaining sufficient headroom on its undrawn committed borrowing facilities at all times so that the Group does not breach borrowing limits or covenants (where applicable) on any of its borrowing facilities. Such forecasting takes into consideration the Group’s debt financing plans and covenant compliance.
ii. The table below analyses the Group’s non-derivative financial liabilities and net-settled or gross-settled derivative financial liabilities into relevant maturity groupings based on the remaining period at the balance sheet date to the contractual maturity date for non-derivative financial liabilities and to the expected maturity date for derivative financial liabilities. The amounts disclosed in the table are the contractual undiscounted cash flows.

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Non-derivative financial liabilities:

September 30, 2021 Less than 1 year Short-term borrowings `$ 85,057,593` Short-term notes and bills payable `7,300,000` Financial liabilities measured at fair value through profit or loss `3,506` Notes payable `40,981` Accounts payable `86,211,870` Accounts payable - related parties `335,927` Other payables `9,710,972` Lease liabilities `384,221` Long-term borrowings (including current portion) `8,404,568` Non-derivative financial liabilities: December 31, 2020 Less than 1 year Short-term borrowings `$ 59,156,950` Short-term notes and bills payable `4,945,000` Financial liabilities measured at fair value through profit or loss `2,737` Notes payable `50,651` Accounts payable `62,835,569` Accounts payable - related parties `77,023` Other payables `8,033,574` Lease liabilities `495,133` Long-term borrowings (including current portion) `6,629,954`	Between 1 and 2 years `$ -` `-` `-` `-` `-` `-` `-` `213,833` `19,313,379` Between 1 and 2 years `$ -` `-` `-` `-` `-` `-` `-` `289,266` `345,716`	Between 2 and 5 years `$ -` `-` `-` `-` `-` `-` `-` `342,129` `1,428,877` Between 2 and 5 years `$ -` `-` `-` `-` `-` `-` `-` `357,138` `14,082,247`	Over 5 years `$ -` `-` `-` `-` `-` `-` `-` `1,121,378` `5,565,937` Over 5 years `$ -` `-` `-` `-` `-` `-` `-` `1,139,302` `5,183,286`

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Non-derivative financial liabilities:

September 30, 2020 Less than 1 year Short-term borrowings `$ 56,341,974` Short-term notes and bills payable `4,900,000` Financial liabilities measured at fair value through profit or loss `4,458` Notes payable `131,140` Accounts payable `69,065,579` Accounts payable - related parties `63,970` Other payables `6,447,488` Lease liabilities `469,773` Long-term borrowings (including current portion) `501,499`	Between 1 and 2 years `$ -` `-` `-` `-` `-` `-` `-` `299,987` `7,531,674`	Between 2 and 5 years `$ -` `-` `-` `-` `-` `-` `-` `340,792` `12,813,483`	Over 5 years `$ -` `-` `-` `-` `-` `-` `-` `1,056,607` `5,274,176`

(3) Fair value information

A. The different levels that the inputs to valuation techniques are used to measure fair value of financial and non-financial instruments have been defined as follows:
Level 1: Inputs that are quoted prices (unadjusted) in active markets for identical assets or liabilities. A market is regarded as active if it meets all the following conditions: the items traded in the market are homogeneous; willing buyers and sellers can normally be found at any time; and prices are available to the public. The fair value of the Group’s investment in listed stocks is included in Level 1.
Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices). The fair value of the Group’s investment in emerging stocks, publicly traded equity investment, forward exchange, beneficiary certificates and swap contracts is included in Level 2.
Level 3: Inputs for the asset or liability that are not based on observable market data. The fair value of the Group’s investment in equity investment without active market is included in Level 3.
B. Fair value information of investment property at cost is provided in Note 6(12).
C. The carrying amounts of financial instruments not measured at fair value including cash and cash equivalents, notes receivable, accounts receivable (including related parties), other receivables (including related parties), other financial assets, guarantee deposits paid, financial assets at amortized cost, short-term borrowings, short-term notes and bills payable, notes payable, accounts payable (including related parties), other payables, lease liabilities

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(including current and non-current), long-term borrowings-current portion, long-term borrowings and guarantee deposits received are approximate to their fair values.

D. The related information on financial and non-financial instruments measured at fair value by level on the basis of the nature, characteristics and risks of the assets and liabilities is as follows:

follows:
(a) The related information on the	nature of the assets and liabilities is as follows:
September 30, 2021	Level 1	Level 2	Level 3		Total
Assets
Recurring fair value measurements
Financial assets at fair value
through profit or loss
Forward exchange contracts	`$ -`	`$ 4,004`	`$ -`	`$`	`4,004`
Equity securities	`295,607`	`78,982`	`1,184,193`	`1,558,782`
Financial assets at fair value
through other comprehensive
income
Equity securities	`3,305,382`	`-`	`34,956`	`3,340,338`
	`$3,600,989`	`$ 82,986`	`$1,219,149`	`$4,903,124`
Liabilities
Recurring fair value measurements
Financial liabilities held for trading
Forward exchange contracts and
options	`$-`	`$ 3,506`	`$-`	`$`	`3,506`
December 31, 2020	Level 1	Level 2	Level 3		Total
Assets
Recurring fair value measurements
Financial assets at fair value
through profit or loss
Forward exchange contracts	`$ -`	`$ 3,827`	`$ -`	`$`	`3,827`
Equity securities	`246,491`	`33,317`	`1,150,295`	`1,430,103`
Financial assets at fair value
through other comprehensive
income
Equity securities	`1,796,437`	`-`	`34,957`	`1,831,394`
	`$2,042,928`	`$ 37,144`	`$1,185,252`	`$3,265,324`
Liabilities
Recurring fair value measurements
Financial liabilities held for trading
Forward exchange contracts and
options	`$-`	`$ 2,737`	`$-`	`$`	`2,737`

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September 30, 2020 Assets Recurring fair value measurements Financial assets at fair value through profit or loss Forward exchange contracts Equity securities Financial assets at fair value through other comprehensive income Equity securities Liabilities Recurring fair value measurements Financial liabilities held for trading Forward exchange contracts and options	Level 1 `$ -` `245,225` `494,422` `$ 739,647` `$-`	Level 2 `$ 9,705` `34,935` `-` `$ 44,640` `$ 4,458`	Level 3 `$ -` `1,149,931` `34,956` `$1,184,887` `$-`	Total `$ 9,705` `1,430,091` `529,378` `$1,969,174` `$ 4,458`

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

Market quoted price

Listed shares Closing price

ii. Except for financial instruments with active markets, the fair value of other financial instruments is measured by using valuation techniques widely accepted in financial management.
iii. When assessing non-standard and low-complexity financial instruments, for example, foreign exchange swap contracts, the Group adopts valuation technique that is widely used by market participants. The inputs used in the valuation method to measure these financial instruments are normally observable in the market.
iv. Forward exchange contracts are usually valued based on the current forward exchange rate.
v. The output of valuation model is an estimated value and the valuation technique may not be able to capture all relevant factors of the Group’s financial and non-financial instruments. Therefore, the estimated value derived using valuation model is adjusted accordingly with additional inputs. In accordance with the Group’s management policies and relevant control procedures relating to the valuation models used for fair value measurement, management believes adjustment to valuation is necessary in order to reasonably represent the fair value of financial and non-financial instruments at the consolidated balance sheet. The

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inputs and pricing information used during valuation are carefully assessed and adjusted based on current market conditions.

vi. The Group takes into account adjustments for credit risks to measure the fair value of financial and non-financial instruments to reflect credit risk of the counterparty and the Group’s credit quality.
E. The following chart is the movement of Level 3 for the nine months ended September 30, 2021 and 2020:

2021 and 2020:
	`2021`	`2020`
At January 1	`$ 1,185,252`	`$ 1,184,898`
Additions	`161,461`	`36,910`
Capital reduction	`( 47,016)`	`( 28,912)`
Disposal	`( 630)`	`-`
Transfers out from level 3	`( 63,992)`	`-`
Gains on valuation	`( 7,371)`	`( 3,069)`
Effect of foreign exchange	`( 8,555)`	`( 4,940)`
At September 30	`$ 1,219,149`	`$ 1,184,887`

F. For the nine months ended September 30, 2021, as the investee company became a public company, the Group transferred the fair value from Level 3 into Leve1 1 at the end of the month when the event occurred. For the nine months ended September 30, 2020, there was no transfer into or out from level 3.
G. Finance and accounting department is in charge of valuation procedures for fair value measurements being categorized within Level 3, which is to verify independent fair value of financial instruments. Such assessment is to ensure the valuation results are reasonable by applying independent information to make results close to current market conditions and frequently reviewed.
Finance and accounting department sets up valuation policies, valuation processes and rules for measuring fair value of financial instruments and ensure compliance with the related requirements in IFRS. The related valuation results are reported to management monthly. Management is responsible for managing and reviewing valuation processes.
H. The following is the qualitative information on significant unobservable inputs and sensitivity analysis of changes in significant unobservable inputs to valuation model used in Level 3 fair value measurement:

	Fair value at		Significant	Range	Relationship
	September 30,	Valuation	unobservable	(weighted	of inputs to
	2021	technique	input	average)	fair value
Non-derivative
equity:
Equity	`$ 1,219,149`	Net asset	Net asset value	-	The higher the
investment		value method			net asset value,
without					the higher the fair
active					value
market

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	Fair value at		Significant	Range	Relationship
	December 31,	Valuation	unobservable	(weighted	of inputs to
	2020	technique	input	average)	fair value
Non-derivative
equity:
Equity	`$ 1,185,252`	Net asset	Net asset value	-	The higher the
investment		value method			net asset value,
without					the higher the fair
active					value
market
	Fair value at		Significant	Range	Relationship
	September 30,	Valuation	unobservable	(weighted	of inputs to
	2020	technique	input	average)	fair value
Non-derivative
equity:
Equity	`$ 1,184,887`	Net asset	Net asset value	-	The higher the
investment		value method			net asset value,
without					the higher the fair
active					value
market

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

September 30, 2021

			September 30, 2021	September 30, 2021
Input Financial assets Equity instrument Net asset value Input Financial assets Equity instrument Net asset value	Input	Change	Recognized in profit or loss Recognized in other comprehensive income Favourable change Unfavourable change Favourable change Unfavourable change `$ 11,842` `($ 11,842)` `$ 350` `($ 350)` December 31, 2020 Recognized in profit or loss Recognized in other comprehensive income Favourable change Unfavourable change Favourable change Unfavourable change `$ 11,503` `($ 11,503)` `$ 350` `($ 350)`
			Favourable change `$ 11,842` `(`
		± 1% Change
			Recognized in profit or loss Favourable change Unfavourable change `$ 11,503` `($ 11,503)`
			Favourable change `$ 11,503` `(`	Favourable change `$ 350` `(`
		± 1%

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September 30, 2020

Input Financial assets Equity instrument Net asset value	Input	Change	Recognized in profit or loss Favourable change Unfavourable change `$ 11,499` `($ 11,499)`	Recognized in other comprehensive income Favourable change Unfavourable change `$ 350` `($ 350)`
			Favourable change `$ 11,499` `(`	Favourable change `$ 350` `(`
		± 1%

(4) Others

In response to the Covid-19 outbreak, the Group implemented several preventive measures imposed by the government. All offices and operating locations have adopted high-standard pandemic prevention measures and different methods in response to government regulations. Currently, the pandemic had no significant impact on the Group’s operations and business conditions.

13. SUPPLEMENTARY DISCLOSURES

(The transactions with subsidiaries disclosed below had been eliminated when preparing consolidated financial statements. The following disclosures are for reference only.)

(1) Significant transactions information

A. Loans to others: Please refer to table 1.
B. Provision of endorsements and guarantees to others: Please refer to table 2.
C. Holding of marketable securities at the end of the period (not including subsidiaries, associates and joint ventures): Please refer to table 3.
D. Aggregate purchases or sales of the same securities reaching $300 million or 20% of paid-in capital or more: None.
E. Acquisition of real estate reaching $300 million or 20% of paid-in capital or more: Please refer to table 4.
F. Disposal of real estate reaching $300 million or 20% of paid-in capital or more: Please refer to table 5.
G. Purchases or sales of goods from or to related parties reaching $100 million or 20% of paid-in capital or more: Please refer to table 6.
H. Receivables from related parties reaching $100 million or 20% of paid-in capital or more: Please refer to table 7.
I. Derivative financial instruments undertaken during the reporting periods: Please see Notes 6(2)B. and 12(3).
J. Significant inter-company transactions during the reporting periods: Please refer to table 8.

(2) Information on investee companies

Names, locations and other information of investee companies (excluding investees in Mainland

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China): Please refer to table 9.

(3) Information on investments in Mainland China
A. Basic information: Please refer to table 10.
B. Significant transactions, either directly or indirectly through a third area, with investee companies in the Mainland Area.
- Any of the following significant transactions with investee companies in the Mainland Area, either directly or indirectly through a third area, and their prices, payment terms, and unrealized gains or losses: Information on significant transactions of the Company and subsidiary and investee company in Mainland China as of and for the nine months ended September 30, 2021 is provided in Note (1)J.

(4) Major shareholders information

Major shareholders information: Please refer to table 11.

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14. OPERATING SEGMENT INFORMATION

(1) General information

The Group is mainly engaged in the import and export of electronic components. The products include CPU, analog IC, discrete IC, logic IC, DRAM, Flash, optical component, etc. The chief operating decision-maker evaluates performance based on the separate net income of sub-groups.

(2) Measurement of segment information

The Group’s chief operating decision-maker uses the net income as basis for assessing the performance of the Group’s operating segments.

(3) Reconciliation for segment income (loss)

A. The net income reported to the chief operating decision-maker is measured in a manner consistent with revenues, costs and expenses in the statement of comprehensive income. As the amounts in the statement provided to the chief operating decision-maker for managing segment are in agreement with the amounts in the statements of segment income, reconciliation is not needed.
B. The segment information of the reportable segments provided to the chief operating decision-maker for the three months and nine months ended September 30, 2021 and 2020 is as follows:

Three months ended September 30, 2021:

Revenue from external customers Revenue from internal customers Total revenue Segment profit Net income	World Peace Industrial Co., Ltd. and its subsidiaries `$ 96,666,496` `4,417,113` `$ 101,083,609` `$ 1,854,256` `$ 982,177`	Silicon Application Corp. and its subsidiaries `$ 23,262,556` `1,877,277` `$ 25,139,833` `$ 614,748` `$ 490,125`	Asian Information Technology Inc. and its subsidiaries `$ 25,040,382` `348,617` `$ 25,388,999` `$ 707,204` `$ 397,606`	Yosun Industrial Corp. and its subsidiaries `$ 31,872,999` `2,286,825` `$ 34,159,824` `$ 680,592` `$ 438,146`	Trigold Holdings Limited `$ 4,222,405` `445,517` `$ 4,667,922` `$ 208,808` `$ 94,282`	Others `$ 20,824,788` `3,073,133` `(` `$ 23,897,921` `(` `$ 260,936` `$ 614,985`	Eliminations `$ -` `12,448,482)` `$ 12,448,482)` `$ 633,120` `$ 206,664`	Total `$ 201,889,626` `-` `$ 201,889,626` `$ 4,959,664` `$ 3,223,985`

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Three months ended September 30, 2020:

Revenue from external customers Revenue from internal customers Total revenue Segment profit Net income	World Peace Industrial Co., Ltd. and its subsidiaries `$ 84,333,475` `2,711,365` `$ 87,044,840` `$ 1,453,989` `$ 877,687`	Silicon Application Corp. and its subsidiaries `$ 19,644,884` `1,725,491` `$ 21,370,375` `$ 592,764` `$ 382,862`	Asian Information Technology Inc. and its subsidiaries `$ 20,262,487` `365,864` `$ 20,628,351` `$ 548,551` `$ 298,357`	Yosun Industrial Corp. and its subsidiaries `$ 23,010,739` `2,004,947` `$ 25,015,686` `$ 396,558` `$ 175,526`	Trigold Holdings Limited `$ 5,636,512` `158,165` `$ 5,794,677` `$ 173,289` `$ 73,108`	Others `$ 17,098,865` `5,561,869` `(` `$ 22,660,734` `(` `$ 107,745` `$ 221,468` `(`	Eliminations `$ -` `12,527,701)` `$ 12,527,701)` `$ 481,537` `$ 1,082,228)`	Total `$ 169,986,962` `-` `$ 169,986,962` `$ 3,754,433` `$ 2,285,186`

Nine months ended September 30, 2021:

Revenue from external customers Revenue from internal customers Total revenue Segment profit Net income	World Peace Industrial Co., Ltd. and its subsidiaries `$ 291,882,513` `13,631,477` `$ 305,513,990` `$ 5,911,517` `$ 3,067,821`	Silicon Application Corp. and its subsidiaries `$ 65,143,412` `5,856,074` `$ 70,999,486` `$ 1,715,234` `$ 1,248,292`	Asian Information Technology Inc. and its subsidiaries `$ 68,284,661` `1,093,585` `$ 69,378,246` `$ 1,961,388` `$ 1,086,844`	Yosun Industrial Corp. and its subsidiaries `$ 80,752,331` `5,777,777` `$ 86,530,108` `$ 1,738,521` `$ 1,038,905`	Trigold Holdings Limited `$ 13,036,535` `643,192` `$ 13,679,727` `$ 621,825` `$ 324,045`	Others `$ 60,131,099` `12,036,168` `(` `$ 72,167,267` `(` `$ 883,870` `$ 1,127,865`	Eliminations `$ -` `39,038,273)` `$ 39,038,273)` `$ 1,499,943` `$ 1,026,010`	Total `$ 579,230,551` `-` `$ 579,230,551` `$ 14,332,298` `$ 8,919,782`

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Nine months ended September 30, 2020:

Revenue from external customers Revenue from internal customers Total revenue Segment profit Net income	World Peace Industrial Co., Ltd. and its subsidiaries `$ 229,775,699` `8,632,300` `$ 238,407,999` `$ 4,463,202` `$ 2,493,465`	Silicon Application Corp. and its subsidiaries `$ 48,617,132` `4,558,016` `$ 53,175,148` `$ 1,542,315` `$ 788,059`	Asian Information Technology Inc. and its subsidiaries `$ 54,241,943` `1,018,004` `$ 55,259,947` `$ 1,406,612` `$ 858,972`	Yosun Industrial Corp. and its subsidiaries `$ 61,953,470` `5,027,593` `$ 66,981,063` `$ 1,226,761` `$ 716,906`	Trigold Holdings Limited `$ 13,365,103` `526,576` `$ 13,891,679` `$ 406,077` `$ 146,939`	Others `$ 42,888,868` `12,056,664` `(` `$ 54,945,532` `(` `$ 279,236` `$ 346,286` `(`	Eliminations `$ -` `31,819,153)` `$ 31,819,153)` `$ 1,305,867` `$ 597,382)`	Total `$ 450,842,215` `-` `$ 450,842,215` `$ 10,630,070` `$ 6,091,651`

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WPG Holdings Limited and Subsidiaries Loans to others

Nine months ended September 30, 2021

Table 1

Expressed in thousands of NTD (Except as otherwise indicated)

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the nine months ended September 30, 2021	Balance at September 30, 2021	Actual amount drawn down	Interest rate	Nature of loan (Note 8)	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Coll	ateral	Limit on loans granted to a single party	Ceiling on total loansgranted	Footnote
													Item	Value
1 2 3 3 4 5 5 5 6 7 8	Apache Korea Corp. Genuine C&C (IndoChina) Pte Ltd. GENUINE C&C HOLDING INC. (Seychelles) GENUINE C&C HOLDING INC. (Seychelles) Richpower Electronic Devices Pte., Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International Pte Ltd. WPG C&C Limited WPG India Electronics Pvt Ltd.	WPG Korea Co., Ltd. World Peace International (South Asia) Pte Ltd. Peng Yu International Limited Peng Yu Trigold Limited Yosun Singapore Pte Ltd. WPG Americas Inc. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited World Peace International (India) Pvt., Ltd.	Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties	Y Y Y Y Y Y Y Y Y Y Y	51,028 $ 57,070 113,560 57,070 214,013 417,750 1,703,400 559,200 114,140 228,280 22,724	47,008 $ 55,700 55,700 55,700 208,875 417,750 1,114,000 557,000 111,400 222,800 22,482	47,008 $ 55,700 55,700 55,700 207,483 278,500 1,114,000 557,000 111,400 222,800 22,482	3.50 1.33 2.00 2.00 1.33 2.07 1.38 1.38 1.33 1.50 6.25	2 2 2 2 2 2 2 2 2 2 2	- - - - - - - - - - -	Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations	- - - - - - - - - - -	None None None None None None None None None None None	- - - - - - - - - - -	70,775 $ 77,213 128,135 128,135 424,076 6,715,180 6,715,180 6,715,180 2,129,876 254,891 165,154	70,775 $ 77,213 128,135 128,135 424,076 6,715,180 6,715,180 6,715,180 2,129,876 254,891 165,154	Note 1 Note 3 Note 5 Note 5 Note 4 Note 3 Note 3 Note 3 Note 3 Note 5 Note 3

Table 1, Page 1

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the nine months ended September 30, 2021	Balance at September 30, 2021	Actual amount drawn down	Interest rate	Nature of loan (Note 8)	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Coll	ateral	Limit on loans granted to a single party	Ceiling on total loansgranted	Footnote
													Item	Value
9 9 9 9 10 10 10 11 12 13 14 14 14	WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Singapore Pte Ltd. AECO Technology Co., Ltd. AECO Electronics Co., Ltd. WPG SCM Limited WPG SCM Limited WPG SCM Limited	WPG Korea Co., Ltd. World Peace International (South Asia) Pte Ltd. Yosun Singapore Pte Ltd. WPG Americas Inc. WPG Electronics (Hong Kong) Limited WPG China Inc. Richpower Electronic Devices Co., Limited World Peace International (South Asia) Pte Ltd World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited WPG Americas Inc. WPG Electronics (Hong Kong) Limited Yosun Singapore Pte Ltd.	Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties	Y Y Y Y Y Y Y Y Y Y Y Y Y	570,700 $ 141,950 85,605 285,350 567,800 5,170,800 856,050 285,350 85,850 684,840 - 285,350 141,950	278,500 $ - - 278,500 - 3,336,375 - 278,500 40,400 668,400 - 278,500 -	194,950 $ - - 278,500 - 3,336,375 - - 40,400 668,400 - 278,500 -	1.84 - - 2.07 - 4.73~5.48 - - 1.30 1.30~1.50 - 1.33 -	2 2 2 2 2 2 2 2 2 2 2 2 2	- - - - - - - - - - - - -	Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations	- - - - - - - - - - - - -	None None None None None None None None None None None None None	- - - - - - - - - - - - -	1,345,929 $ 1,345,929 1,345,929 1,345,929 9,467,792 9,467,792 9,467,792 855,971 377,099 748,330 1,110,447 1,110,447 1,110,447	1,345,929 $ 1,345,929 1,345,929 1,345,929 9,467,792 9,467,792 9,467,792 855,971 377,099 748,330 1,110,447 1,110,447 1,110,447	Note 8 Note 8 Note 8 Note 8 Note 4 Note 4 Note 4 Note 4 Note 2 Note 5 Note 8 Note 8 Note 8

Table 1, Page 2

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the nine months ended September 30, 2021	Balance at September 30, 2021	Actual amount drawn down	Interest rate	Nature of loan (Note 8)	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Coll	ateral	Limit on loans granted to a single party	Ceiling on total loansgranted	Footnote
													Item	Value
14 14 14 15 16 17 17 18 18 19 19 20	WPG SCM Limited WPG SCM Limited WPG SCM Limited WPG China (SZ) Inc. WPG China Inc. Yosun Industrial Corp. Yosun Industrial Corp. Yosun South China Corp. Ltd. Yosun South China Corp. Ltd. Yosun Shanghai Corp. Ltd. Yosun Shanghai Corp. Ltd. WPG C&C Shanghai Co., Ltd.	WPG South Asia Pte. Ltd. WPG Korea Co., Ltd. WPI International (Hong Kong) Limited LaaS (Dongguan) Supply Chain Management Limited LaaS (Dongguan) Supply Chain Management Limited Richpower Electronic Devices Co., Limited Yosun Hong Kong Corp. Ltd. WPG China (SZ) Inc. WPG China Inc. WPG China (SZ) Inc. WPG China Inc. Trigolduo (Shanghai) Industrial Development Ltd.	Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties	Y Y Y Y Y Y Y Y Y Y Y Y	283,950 $ 285,350 428,025 103,320 108,225 1,712,100 2,645,750 109,600 65,760 320,032 13,152 41,712	- $ 278,500 417,750 103,320 107,625 - 2,645,750 107,625 64,575 253,995 12,915 37,023	- $ 194,950 417,750 103,320 107,625 - 2,228,000 107,625 64,575 253,995 12,915 37,023	- 1.84 1.33 4.18 4.18 - 1.23~1.30 2.80 2.80 2.80 2.80 3.95~4.10	2 2 2 2 2 2 2 2 2 2 2 2	- - - - - - - - - - - -	Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations	- - - - - - - - - - - -	None None None None None None None None None None None None	- - - - - - - - - - - -	1,110,447 $ 1,110,447 1,110,447 1,087,620 3,012,852 3,246,610 3,246,610 210,690 210,690 369,522 369,522 190,563	1,110,447 $ 1,110,447 1,110,447 1,087,620 3,012,852 3,246,610 3,246,610 210,690 210,690 369,522 369,522 476,408	Note 8 Note 8 Note 8 Note 5 Note 5 Note 2 Note 2 Note 5 Note 5 Note 5 Note 5 Note 5

Table 1, Page 3

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the nine months ended September 30, 2021	Balance at September 30, 2021	Actual amount drawn down	Interest rate	Nature of loan (Note 8)	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Coll	ateral	Limit on loans granted to a single party	Ceiling on total loansgranted	Footnote
													Item	Value
20 21 21 22 22 22 23 23 24 25 25 26 26	WPG C&C Shanghai Co., Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. Everwiner Enterprise Co., Ltd. Everwiner Enterprise Co., Ltd. Silicon Application corp. Silicon Application (BVI) Corporation Silicon Application (BVI) Corporation Silicon Application Company Limited Silicon Application Company Limited	Trigold Tongle (Shanghai) Industrial Development Ltd. WPG Korea Co., Ltd. WPG Electronics (Hong Kong) Limited Long-Think International Co., Ltd. WPI International (Hong Kong) Limited Longview Technology Inc. Pernas Electronics Co., Ltd. Silicon Application corp. WPG Electronics (Hong Kong) Limited Silicon Application corp. Peng Yu International Limited Silicon Application corp. WPG Electronics (Hong Kong) Limited	Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties	Y Y Y Y Y Y Y Y Y Y Y Y Y	13,152 $ 285,350 1,949,500 8,561 5,871,600 177,960 200,000 200,000 1,987,300 1,141,400 171,210 656,305 1,027,260	10,763 $ - 1,949,500 8,355 5,848,500 117,850 - - - - - 612,700 835,500	10,763 - 1,949,500 - 5,848,500 87,985 - - - - - 612,700 835,500	3.95~4.10 - 1.30~1.35 - 1.55 1.55 - - - - - 1.25~1.50 1.75	2 2 2 2 2 2 2 2 2 2 2 2 2	- - - - - - - - - - - - -	Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations	- - - - - - - - - - - - -	None None None None None None None None None None None None None	- - - - - - - - - - - - -	190,563 $ 22,101,772 22,101,772 7,533,185 7,533,185 7,533,185 264,932 264,932 2,984,129 644,847 1,612,117 640,848 1,602,120	476,408 $ 22,101,772 22,101,772 10,044,247 10,044,247 10,044,247 264,932 264,932 2,984,129 1,612,117 1,612,117 1,602,120 1,602,120	Note 5 Note 5 Note 5 Note 6 Note 6 Note 6 Note 2 Note 2 Note 2 Note 5 Note 5 Note 5 Note 5

Table 1, Page 4

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the nine months ended September 30, 2021	Balance at September 30, 2021	Actual amount drawn down	Interest rate	Nature of loan (Note 8)	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Coll	ateral	Limit on loans granted to a single party	Ceiling on total loansgranted	Footnote
													Item	Value
26 27 28 28 29 30 31 31 32 33 34 34 35	Silicon Application Company Limited Sertek Limited Sertek Incorporated Sertek Incorporated Genuine C&C Inc. Pernas Electronics Co., Ltd. Richpower Electronic Devices Co., Limited Richpower Electronic Devices Co., Limited Long-Think International (Hong Kong) Limited Long-Think International Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. Peng Yu (Shanghai) Digital Technology Co., Ltd.	Yosun Hong Kong Corp. Ltd. Richpower Electronic Devices Co., Limited Richpower Electronic Devices Co., Ltd Yosun Hong Kong Corp. Ltd. Hoban Inc. Silicon Application corp. Yosun Hong Kong Corp. Ltd. Silicon Application corp. WPI International (Hong Kong) Limited World Peace Industrial Co., Ltd. Frontek Technology Corporation Apache Communication Inc. WPG C&C Shanghai Co., Ltd.	Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties Other receivables - related parties	Y Y Y Y Y Y Y Y Y Y Y Y Y	- $ 71,338 513,630 279,600 50,000 400,000 570,700 - 419,400 17,500 500,000 559,200 151,248	- $ 69,625 278,500 278,500 10,000 400,000 557,000 - 417,750 17,500 230,000 557,000 122,693	- $ 69,625 278,500 - 10,000 400,000 557,000 - 417,750 17,500 230,000 557,000 122,693	- 1.25 1.26 - 1.05 1.10~1.20 1.33 - 1.30~1.50 1.30 1.19 1.05 3.95~4.10	2 2 2 2 2 2 2 2 2 2 2 2 2	- - - - - - - - - - - - -	Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations Operations	- - - - - - - - - - - - -	None None None None None None None None None None None None None	- - - - - - - - - - - - -	1,602,120 $ 74,774 582,097 582,097 470,389 535,023 2,402,384 960,954 515,449 17,948 1,420,997 1,420,997 388,087	1,602,120 $ 74,774 582,097 582,097 470,389 535,023 2,402,384 2,402,384 515,449 17,948 2,273,596 2,273,596 388,087	Note 5 Note 5 Note 2 Note 2 Note 9 Note 2 Note 5 Note 5 Note 5 Note 2 Note 7 Note 7 Note 5

Table 1, Page 5

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the nine months ended September 30, 2021	Balance at September 30, 2021	Actual amount drawn down	Interest rate	Nature of loan (Note 8)	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Coll	ateral	Limit on loans granted to a single party	Ceiling on total loansgranted	Footnote
													Item	Value
36	Peng Yu International Limited	Peng Yu Trigold Limited	Other receivables - related parties	Y	57,070 $	55,700 $	- $	-	2	-	Operations	-	None	-	235,209 $	235,209 $	Note 5

Note 1: Ceiling on total loans to others should not exceed the creditor's net assets. For short-term financing, ceiling on loans to a single party should not exceed the creditor's net assets.

Note 2: Accumulated financing activities to any company or person should not be in excess of 40% of creditor’s net assets. Limit on loans to a single company is as follows:
(1) For business transaction to the creditor, the individual limit should not exceed the amount of business transactions; the amount of business transactions means the higher between sales and purchases.
(2) For short-term financing, financing activities to a single company should not be in excess of 40% of creditor’s net assts.
Note 3: (1) For those borrowers which are not 100% held investee company, the individual limit amount and the accumulated financing activities to those borrowers should not be in excess of 40% of the creditor’s net assets.
(2) For those borrowers which are 100% held investee company, the individual limit amount and the accumulated financing activities to those borrowers should not be in excess of 200% of the creditor’s net assets. (3) The total limit of (1) and (2) should not exceed 200% of the creditor’s net assets.
Note 4: Accumulated financing activities to any company or person should not be in excess of 200% of creditor’s net assets. Limit on loans to a single company is as follows:
(1) For business transaction to the creditor, the individual limit should not exceed the amount of business transactions; the amount of business transactions means the higher between sales and purchases.
(2) For short-term financing, the financing activities to an overseas company which is 100% directly or indirectly held by ultimate parent company should not be in excess of 200% of creditor’s net assets. For borrower not fulfilling said criteria, the limit should not exceed 40% of the creditor’s net assets.
Note 5: Accumulated financing activities to any company or person should not be in excess of 100% of creditor’s net assets. Limit on loans to a single company is as follows:
(1) For business transaction to the creditor, the individual limit should not exceed the amount of business transactions; the amount of business transactions means the higher between sales and purchases.
(2) For short-term financing, the financing activities to an overseas company or ultimate parent company which is 100% directly or indirectly held by ultimate parent company should not be in excess of 100% of creditor’s net assets. For borrower not fulfilling said criteria, the limit should not exceed 40% of the creditor’s net assets.
Note 6: Accumulated financing activities to any company or person should not be in excess of 40% of creditor’s net assets. Limit on loans to a single company is as follows:
(1) For business transaction to the creditor, the individual limit should not exceed the amount of business transactions; the amount of business transactions means the higher between sales and purchases.
(2) For short-term financing, the financing activities to a single company should not be in excess of 30% of creditor’s assets.
Note 7: Accumulated financing activities to any company or person should not be in excess of 40% of creditor’s net assets. Limit on loans to a single company is as follows:
(1) For business transaction to the creditor, the individual limit should not exceed the amount of business transactions; the amount of business transactions means the higher between sales and purchases.
(2) For short-term financing, the financing activities to a single company should not be in excess of 25% of creditor’s net assts.
Note 8: (1) The financing activities to an overseas company which is 100% directly or indirectly held by ultimate parent company should not be in excess of 200% of creditor's net assets. Ceilings on accumulated short-term financing should not exceed 200% of the creditor's net assets.
(2) The individual limit amount should not exceed 40% of the creditor's net assets and the accumulated financing activities to those borrowers should not be in excess of 40% of the creditor's net assets.
Note 9: Accumulated financing activities to any company or person should not be in excess of 40% of creditor’s net assets. Limit on loans to a single company is as follows:
(1) For business transaction to the creditor, ceiling on the individual loans from others should not exceed 40% of the creditor's net assets, and the individual limit should not exceed the amount of business transactions within one year; the amount of business transactions means the higher between sales and purchases.
(2) For short-term financing, financing activities to a single company should not be in excess of 40% of creditor’s net assts.
(3) Ceiling on total loans granted between foreign companies whose voting shares are 100% held by the Company directly or indirectly, or on loans granted to the Company by such foreign companies was excluded in the aforementioned limits. Note 10: The column of ‘Nature of loan’ shall fill in 1. ‘Business transaction or 2. ‘Short-term financing’.

Table 1, Page 6

WPG Holdings Limited and Subsidiaries Provision of endorsements and guarantees to others Nine months ended September 30, 2021

Table 2

Expressed in thousands of NTD (Except as otherwise indicated)

Number	Endorser/ guarantor	Partybeingendorsed/guaranteed	Partybeingendorsed/guaranteed	Limit on endorsements/ guarantees provided for a singleparty	Maximum outstanding endorsement/ guarantee amount as of September 30, 2021	Outstanding endorsement/ guarantee amount at September 30, 2021	Actual amount drawn down	Amount of endorsements/ guarantees secured with collateral	Ratio of accumulated endorsement/ guarantee amount to net asset value of the endorser/ guarantor company	Ceiling on total amount of endorsements/ guarantees provided	Provision of endorsements/ guarantees by parent company to subsidiary	Provision of endorsements/ guarantees by subsidiary to parent company	Provision of endorsements/ guarantees to the party in Mainland China	Footnote
		Companyname	Relationship with the endorser/ guarantor
0 1 2 2 3 4 4 4 4 4 4 5 5	WPG Holdings Limited World Peace International (South Asia) Pte Ltd World Peace International Pte Ltd World Peace International Pte Ltd WPG China Inc. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd.	World Peace Industrial Co., Ltd. WPG C&C Computers And Peripheral (India) Private Limited WPG Americas Inc. World Peace International (South Asia) Pte Ltd LaaS (Dongguan) Supply Chain Management Limited Yosun Singapore Pte Ltd. Yosun Hong Kong Corp. Ltd. Sertek Incorporated Richpower Electronic Devices Co., Limited Richpower Electronic Devices Co., Ltd Yosun Shanghai Corp. Ltd. WPI International (Hong Kong) Limited Vitec WPG Limited	Note 1 Note 1 Note 3 Note 1 Note 3 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 3	33,996,628 $ 6,891,219 7,509,463 7,509,463 4,519,277 8,116,524 8,116,524 8,116,524 8,116,524 8,116,524 8,116,524 12,555,309 12,555,309	180,750 $ 69,625 167,100 278,500 52,521 1,141,850 445,600 4,456,000 1,400,000 751,950 696,250 2,187,603 62,662	93,039 $ 69,625 153,175 278,500 52,521 1,141,850 278,500 2,228,000 800,000 751,950 696,250 1,927,205 62,662	93,039 $ 47,914 153,175 278,500 26,261 274,972 113,890 1,100,649 687,055 253,319 - 1,535,221 -	93,039 $ - - - 26,261 - - - - - - - -	0.14 2.02 4.08 7.42 1.74 14.07 3.43 27.45 9.86 9.26 8.58 7.67 0.25	33,996,628 $ 6,891,219 7,509,463 7,509,463 6,025,703 16,233,048 16,233,048 16,233,048 16,233,048 16,233,048 16,233,048 20,088,494 20,088,494	Y N N N N N N N N N N N N	N N N N N N N N N N N N N	N N N N Y N N N N N Y N N	Notes 4 and 5 Note 7 Note 7 Note 7 Note 13 Note 9 Note 9 Note 9 Note 9 Note 9 Note 9 Note 6 Note 6

Table 2, Page 1

Number	Endorser/ guarantor	Partybeingendorsed/guaranteed	Partybeingendorsed/guaranteed	Limit on endorsements/ guarantees provided for a singleparty	Maximum outstanding endorsement/ guarantee amount as of September 30, 2021	Outstanding endorsement/ guarantee amount at September 30, 2021	Actual amount drawn down	Amount of endorsements/ guarantees secured with collateral	Ratio of accumulated endorsement/ guarantee amount to net asset value of the endorser/ guarantor company	Ceiling on total amount of endorsements/ guarantees provided	Provision of endorsements/ guarantees by parent company to subsidiary	Provision of endorsements/ guarantees by subsidiary to parent company	Provision of endorsements/ guarantees to the party in Mainland China	Footnote
		Companyname	Relationship with the endorser/ guarantor
5 5 5 6 7 8 9 9 9 10 10 10	World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. Apache Communication Inc. Frontek Technology Corporation Pernas Electronics Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. Asian Information Technology Inc. Trigold Holdings Limited Trigold Holdings Limited Trigold Holdings Limited	World Peace International (South Asia) Pte Ltd WPG Electronics (Hong Kong) Limited WPG Korea Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. Silicon Application corp. Apache Communication Inc. Frontek Technology Corporation AIT Japan Inc. Peng Yu International Limited WPG C&C Shanghai Co., Ltd. Peng Yu Trigold Limited	Note 1 Note 1 Note 1 Note 2 Note 2 Note 2 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1	12,555,309 $ 12,555,309 12,555,309 915,136 794,304 668,778 2,273,596 2,273,596 2,273,596 967,806 967,806 967,806	986,625 $ 696,250 120,000 478,500 798,500 200,000 222,800 801,305 13,925 55,700 129,150 362,050	806,625 $ 417,750 60,000 478,500 678,500 200,000 222,800 801,305 13,925 55,700 - 362,050	793,183 $ 44,441 58,047 201,482 511,225 142,057 95,124 176,114 353 55,700 - 362,050	- - - - - - - - - - - -	3.21 1.66 0.24 20.91 34.17 14.95 3.92 14.10 0.24 2.88 - 18.70	20,088,494 $ 20,088,494 20,088,494 1,143,920 992,880 668,778 2,841,995 2,841,995 2,841,995 967,806 967,806 967,806	N N N N N N N N N N N N	N N N N N N N N N N N N	N N N N N N N N N N Y N	Note 6 Note 6 Note 6 Note 11 Note 11 Note 12 Note 8 Note 8 Note 8 Note 10 Note 10 Note 10

Note 1: The company and its subsidiary hold more than 50% of the investee company.

Note 2: The parent company directly owns more than 50% of the company.

Note 3: An affiliate.

Note 4: The guarantee amount should not exceed 50% of guarantor’s net assets; the limit to a single company should not exceed 50% of the Company’s stockholder’s equity. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. The limit on the Company and its subsidiaries’ total loan to other companies is less than 60% of the Company’s net assets; limited to a single company should not exceed 50% of the Company’s

net assets. The guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the Company should not exceed 10% of the Company’s net assets, which is based on the latest audited or reviewed financial statements.

Note 5: There are 8,999 thousand shares of WPG Investment Co., Ltd. which have been pledged for purchases for World Peace Industrial Co., Ltd. The book value of those pledged investments is $93,039. Note 6: The cumulative guarantee amount to others should not be in excess of 80% of guarantor’s net assets. The guarantee amount to a single company should not be in excess of 50% of guarantor’s net assets. For business transaction with the guarantor, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. The net asset value is based on the latest audited or reviewed financial statements.

Table 2, Page 2

Note 7: The cumulative guarantee amount to others should not be in excess of 200% of the Company’s net assets. The guarantee amount to a single company should not be in excess of 200% of Company’s net assets. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. The guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the Company should not exceed 10% of the Company’s net assets Note 8: The guarantee amount should not exceed 50% of guarantor’s net assets; the limit to a single company should not exceed 40% of the Company’s net assets. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. Net assets is based on the latest audited or reviewed financial statements. Ceiling on total endorsements/guarantees granted by the Company and subsidiaries shall be less than 50% of the Company’s net assets. Ceiling on total endorsements/guarantees granted by the Company and subsidiaries to a single party is 50% of the Company’s net assets. The guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the Company should not exceed 10% of the Company’s net assets. The net assets referred to above are based on the latest audited or reviewed financial statements.
Note 9: The cumulative guarantee amount to others should not be in excess of 200% of guarantor and its subsidiaries’ total net assets. The guarantee amount to a single company should not be in excess of 100% of guarantor and its subsidiaries’ total net assets. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. The Company’s guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the ultimate parent company should not exceed 10% of the ultimate parent company’s net assets. The net asset value is based on the latest audited or reviewed financial statements.
Note 10: The cumulative guarantee amount to others should not be in excess of 50% of the Company’s net assets. The guarantee amount to a single company should not be in excess of 50% of Company’s net assets. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. The Company’s and its subsidiaries’ cumulative guarantee amount to others should not be in excess 50% (not including 50%) of the Company’s net assets. The guarantee amount to a single company should not be in excess of 50% (not including 50%) of the Company’s net assets. The guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the Company should not exceed 10% of the Company’s net assets. The guarantee amount to a subsidiary which is 100%directly or indirectly held by the Company should not exceed 50% (not including 50%) of the Company’s net assets. The net assets value is based on the latest audit or reviewed financial statements.
Note 11: The guarantee amount should not exceed 50% of guarantor’s net assets; the limit to a single company should not exceed 40% of the Company’s net assets. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. Net assets is based on the latest audited or reviewed financial statements. The guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the Company should not exceed 10%
of the Company’s net assets. The net assets referred to above are based on the latest audited or reviewed financial statements.
Note 12: The cumulative guarantee amount to others should not be in excess of 50% of the Company’s net assets; the limit to a single company should not exceed 50% of the Company’s net assets. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases.Ceiling on total endorsements/guarantees granted by the Company and subsidiaries shall be less than 50% of the Company’s net assets. Ceiling on total endorsements/guaran granted by the Company and subsidiaries to a single party is 50% of the Company’s net assets. The guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the Company should not exceed 10% of the Company’s net assets. The net assets referred to above are based on the latest audited or reviewed financial statements.
Note 13: The cumulative guarantee amount to others should not be in excess of 200% (excluding) of the Company’s net assets. The guarantee amount to a single company should not be in excess of 150% of Company’s net assets. For business transaction with the Company, the guarantee amount should not exceed the amount of business transaction, which is the higher between sales and purchases. The guarantee amount to a subsidiary which is 90%~100% directly or indirectly held by the Company’s ultimate parent company should not exceed 10% of the net assets of the Company’s ultimate parent company. The net assets referred to above are based on the latest audited or reviewed financial statements.

Table 2, Page 3

WPG Holdings Limited and Subsidiaries

Holding of marketable securities at the end of the period (not including subsidiaries, associates and joint ventures)

Nine months ended September 30, 2021

Securities held by Table 3	Marketable securities	Relationship with the securities issuer	General ledger account		As of September 30,2021	As of September 30,2021	(Except as oth Expressed in th	Footnote erwise indicated) ousands of NTD
				Number of shares (in thousands)	Book value	Ownership (%)	Fair value(Note 1)
WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited Silicon Application corp. World Peace Industrial Co., Ltd. AECO Technology Co., Ltd. Yosun Industrial Corp. Genuine C&C Inc. Richpower Electronic Devices Co., Ltd. WPG Investment Co., Ltd. WPG Investment Co., Ltd. Silicon Application (BVI) Corporation	Restar Holdings Corporation Tyche Partners L.P. - Funds CDIB CME Fund Ltd., etc. - Equity securities T3EX Global Holdings Corp. - Equity securities WT Microelectronics Co., Ltd.-Preference shares Kingmax Technology Inc., etc. - Equity securities Silicon Line GmbH, Munich…etc. - Equity securities Hua-Jie (Taiwan) Corp. - Equity securities Fortend Taiwan Scientific Corp., etc. - Equity securities Systemweb Technology - Equity securities Promaster Technology Co., Ltd., etc. - Equity securities Dimerco Express Corporation etc. - Equity securities Nichidenbo Corporation etc. - Equity securities ACTIONTEC ELECTRONICS, INC.…etc. - Equity securities	None None None None The Group's investment accounted for using the equity method None None None None None None None None None	Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through other comprehensive income - non- current Financial assets at fair value through other comprehensive income - non- current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - current, etc. Financial assets at fair value through other comprehensive income - non- current Financial assets at fair value through profit or loss - non-current	230 - - 11,589 24,284 - - 668 - 700 - - - -	106,637 $ 389,144 114,787 1,668,802 1,166,840 12,204 24,068 6,684 15,149 17,889 79,695 36,020 504,696 6,075	0.76 - - 8.45 17.99 - - 3.32 - 7.00 - - - -	106,637 $ 389,144 114,787 1,668,802 1,166,840 12,204 24,068 6,684 15,149 17,889 79,695 36,020 504,696 6,075	Note 2 Note 3 Note 4

Table 3, Page 1

Securities held by	Marketable securities	Relationship with the securities issuer	General ledger account		As of September 30,2021	As of September 30,2021		Footnote
				Number of shares (in thousands)	Book value	Ownership (%)	Fair value(Note 1)
Asian Information Technology Inc. Win-Win Systems Ltd. WPG South Asia Pte. Ltd. WPG China Inc. WPG China Inc.	Arcadyan Technology Corporation etc.- Equity securities Silicon Electronics Company(s) Pte. Ltd. - Equity securities ViMOS Technologies GmBH - Equity securities CECI Technology Co. Ltd. etc. - Equity securities Yiwu Weihao Chuangxin Phase I Equity Investment Partnership (Limited Partnership)	None None None None None	Financial assets at fair value through profit or loss - current, etc. Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current Financial assets at fair value through profit or loss - non-current	- 180 20 - -	9,595 $ - 602 654,133 86,100	- - 9.00 - -	9,595 $ - 602 654,133 -

Note 1: Fill in the amount after adjusted at fair value and deducted by accumulated impairment for the marketable securities measured at fair value; fill in the acquisition cost or amortized cost deducted by accumulated impairment for the marketable securities not measured at fair value.

Note 2: The original investee company, Vitec Holdings Co., Ltd., was delisted on March 27, 2019. Vitec Holdings Co., Ltd merged with UKC Holdings whereby a new company, Restar Holdings Corporation, was established. The effective date for this merger was April 1, 2019, and the name of the held marketable securities was changed.

Note 3: On September 18, 2020, the Board of Directors of the Group resolved to subscribe WT’s series A preference shares in the amount of 24,283,867 shares with a par value of NT$50 per share, with total consideration of $1,214,193, based on the shareholding ratio at the effective date of the capital increase in accordance with the application for shares. As of October 15, 2020 (effective date of the capital increase), the Group’s shareholding ratio in WT is 17.99% of total outstanding preference shares after subscribing WT’s series A preference shares.

Note 4: There are 566 thousand shares of Kingmax Technology Inc. which have been pledged for purchases as of September 30, 2021.

Table 3, Page 2

WPG Holdings Limited and Subsidiaries

Table 4

Acquisition of real estate reaching NT$300 million or 20% of paid-in capital or more

Nine months ended September 30, 2021

Expressed in thousands of NTD

(Except as otherwise indicated)

If the counterparty is a related party, information as to the last transaction of the real estate

is disclosed below:

Real estate acquired by	Realestate	Transaction date or date ofthe event	Transactionamount	Status ofpayment	Counterparty	Relationship with the counterparty	Original owner who sold the real estate to the counterparty	Relationship between the original owner and the acquirer	Date of the original transaction	Amount	Basis or reference used in setting the price	Reason for acquisition of real estate and status oftherealestate	Other commitments
The Company	Industrial plants located in No. 349, 350, 360, 386, 387, 390, 392, 392-1, Dinghu section, Guishan	2021.06 (Note 1)	$ 837,600	$ 837,600	CMC Magnetics Corporation	Non-related party	-	-	-	$ -	Zhan-Mao Real Estate Appraisers Firm	Operating needs	None

Note 1: The date of contract.

Table 4, Page 1

Table 5

WPG Holdings Limited and Subsidiaries Disposal of real estate reaching NT$300 million or 20% of paid-in capital or more

Nine months ended September 30, 2021

Expressed in thousands of NTD

(Except as otherwise indicated)

Real estate disposed by	Real estate	Transaction date or date of the event (Note 2)	Date of acquisition	Bookvalue	Disposal amount	Status of collection of proceeds	Gains (losses) on disposal	Counterparty	Relationship with the seller	Reason for disposal	Basis or reference used in setting the price	Other commitments
Silicon Application corp.	18F of office building in Zhonghe District	2021/5/7	1999/1/6~ 2019/10/31	130,189 $	316,382 $	Collected based on the agreement	186,193 $	Amazing Microelectronic Corp.	None	Taking into consideration assets utilization and revitalizing assets	Appraisal amount of $314,480 appraised by Euro-Asia Real Estate Appraisers Firm and appraisal amount of $319,221 appraised by Cheng-Da Real Estate Appraisers Joint Firm	None

Note 1: The appraisal result should be presented in the ‘Basis or reference used in setting the price’ column if the disposal real estate should be appraised pursuant to the regulations. Note 2: The date of the event was the signing date.

Table 5, Page 1

Table 6

WPG Holdings Limited and Subsidiaries

Purchases or sales of goods from or to related parties reaching $100 million or 20% of paid-in capital or more Nine months ended September 30, 2021

Expressed in thousands of NTD (Except as otherwise indicated)

Purchaser/seller	Counterparty	Relationship with the counterparty		Tran	saction		Differences in t compared t transa	ransaction terms o third party ctions	Notes/accounts r	eceivable(payable)	Footnote
			Purchases (sales)	Amount	Percentage of total purchases (sales)	Credit term	Unitprice	Credit term	Balance	Percentage of total notes/accounts receivable(payable)
WPG Holdings Limited 〞〞〞 World Peace Industrial Co., Ltd. 〞〞〞〞 Genuine C&C (IndoChina) Pte Ltd. World Peace International (South Asia) Pte Ltd. 〞〞〞〞〞 WPI International (Hong Kong) Limited 〞	World Peace Industrial Co., Ltd. Silicon Application Corp. Asian Information Technology Inc. Yosun Industrial Corp. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. Genuine C&C Inc. WPG PT Electrindo Jaya World Peace Industrial Co., Ltd. WPG SCM Limited WPG PT Electrindo Jaya WPG C&C Comuters and Peripheral (India) Private Limited WPG C&C (Malaysia) Sdn. Bhd WPG C&C (Thailand) Co., Ltd. World Peace Industrial Co., Ltd. WPG Electronics (Hong Kong) Limited	Parent company 〞〞〞 Same ultimate parent company 〞〞〞〞 An investee which accounted associates using the equity method Same ultimate parent company 〞 An investee which accounted associates using the equity method Same ultimate parent company 〞〞〞〞	Sales 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	560,572) ($ 153,938) ( 145,257) ( 187,028) ( 9,619,390) ( 915,147) ( 301,596) ( 250,403) ( 120,337) ( 190,246) ( 208,336) ( 2,597,992) ( 385,036) ( 838,459) ( 164,084) ( 202,695) ( 9,351,198) ( 184,661) (	52.40) ( 14.39) ( 13.58) ( 17.48) ( 9.57) ( 0.91) ( 0.30) ( 0.25) ( 0.12) ( 92.19) ( 1.05) ( 13.04) ( 1.93) ( 4.21) ( 0.82) ( 1.02) ( 4.58) ( 0.09) (	Note 5 〞〞〞 Note 3 〞〞〞〞〞〞〞〞〞〞〞〞〞	Note 5 〞〞〞 Note 3 〞〞〞〞〞〞〞〞〞〞〞〞〞	Note 5 〞〞〞 Note 3 〞〞〞〞〞〞〞〞〞〞〞〞〞	94,149 $ 37,880 37,957 37,634 1,467,091 365,481 77,946 84,939 33,516 53,166 18,854 1,522,203 71,519 116,466 8,090 43,679 979,412 167,372	44.69 17.98 18.02 17.87 6.58 1.64 0.35 0.38 0.15 100.00 0.37 30.18 1.42 2.31 0.16 0.87 2.05 0.35

Table 6, Page 1

Purchaser/seller	Counterparty	Relationship with the counterparty		Tran	saction		Differences in t compared t transa	ransaction terms o third party ctions	Notes/accounts r	eceivable(payable)	Footnote
			Purchases (sales)	Amount	Percentage of total purchases (sales)	Credit term	Unitprice	Credit term	Balance	Percentage of total notes/accounts receivable(payable)
WPI International (Hong Kong) Limited 〞〞〞〞〞 Silicon Application corp. 〞〞〞 Pernas Electronics Co., Ltd. 〞 Everwiner Enterprise Co., Ltd 〞 Asian Information Technology Inc. 〞〞 Henshen Electric Trading Co., Ltd. 〞 Frontek Technology Corporation	WPG China (SZ) Inc. WPG China Inc. WPG SCM Limited WPG Korea Co., Ltd. Vitec WPG Limited World Peace International (South Asia) Pte Ltd. Pernas Electronics Co., Ltd. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. Silicon Application Corp. Everwiner Enterprise Co., Ltd. Silicon Application Corp. Pernas Electronics Co., Ltd. Frontek Technology Corporation Apache Communication Inc. WPG China (SZ) Inc. Asian Information Technology Inc. Frontek Technology Corporation Asian Information Technology Inc.	Same ultimate parent company 〞〞〞 An investee of the Group which was accounted for using equity method Same ultimate parent company 〞〞〞〞〞〞〞〞〞〞〞〞〞〞	Sales 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	1,574,874) ($ 1,776,011) ( 688,028) ( 4,995,925) ( 144,401) ( 819,348) ( 472,527) ( 4,006,583) ( 1,383,514) ( 242,569) ( 1,010,999) ( 341,750) ( 399,115) ( 1,760,641) ( 5,554,383) ( 1,078,712) ( 132,533) ( 161,173) ( 161,488) ( 3,675,716) (	0.77) ( 0.87) ( 0.34) ( 2.45) ( 0.07) ( 0.40) ( 0.72) ( 6.13) ( 2.12) ( 0.37) ( 19.59) ( 6.62) ( 8.95) ( 39.49) ( 18.32) ( 3.56) ( 0.44) ( 20.17) ( 20.21) ( 14.91) (	Note 3 〞〞〞〞〞 30 days after monthly billings 90 days after monthly billings 〞〞 30 days after monthly billings Note 2 30 days after monthly billings Note 2 〞〞〞〞〞〞	Note 3 〞〞〞〞〞 Note 4 〞〞〞〞〞〞〞 Note 2 〞〞〞〞〞	Note 3 〞〞〞〞〞 Note 4 〞〞〞〞〞〞〞 Note 2 〞〞〞〞〞	443,828 $ 590,537 69,332 1,661,889 22,982 92,756 42,731 1,687,631 326,457 71,472 160,989 41,765 41,912 329,482 2,717,190 225,702 26,425 2,582 183 1,210,983	0.93 1.24 0.15 3.48 0.05 0.19 0.24 9.55 1.85 0.40 9.51 2.47 3.26 25.62 29.61 2.46 0.29 1.16 0.08 16.10

Table 6, Page 2

Purchaser/seller	Counterparty	Relationship with the counterparty		Tran	saction		Differences in t compared t transa	ransaction terms o third party ctions	Notes/accounts r	eceivable(payable)	Footnote
			Purchases (sales)	Amount	Percentage of total purchases (sales)	Credit term	Unitprice	Credit term	Balance	Percentage of total notes/accounts receivable(payable)
Frontek Technology Corporation 〞〞 Apache Communication Inc. WPG Electronics (Hong Kong) Limited 〞〞〞〞〞〞 WPG China (SZ) Inc. WPG China Inc. WPG Americas Inc. 〞 WPG South Asia Pte. Ltd. Yosun Industrial Corp. 〞〞〞〞 Yosun Hong Kong Corp. Ltd. 〞〞〞	Gather Technology Incorporation Limited WPG Electronics (Hong Kong) Limited WPG China Inc. Asian Information Technology Inc. World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Richpower Electronic Devices Co., Limited Peng Yu International Limited Peng Yu Trigold Limited WPG China Inc. WPG China (SZ) Inc. World Peace Industrial Co., Ltd. Yosun Industrial Corp. World Peace International (South Asia) Pte Ltd. WPG China (SZ) Inc. WPG China Inc. Yosun Hong Kong Corp. Ltd. Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Limited WPG China (SZ) Inc. WPG China Inc. Yosun Industrial Corp. Richpower Electronic Devices Co., Limited	Same ultimate parent company 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	Sales 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	253,398) ($ 461,601) ( 132,160) ( 1,918,506) ( 2,069,332) ( 5,463,326) ( 100,250) ( 195,496) ( 106,392) ( 1,135,150) ( 928,409) ( 848,669) ( 456,556) ( 947,450) ( 201,576) ( 380,540) ( 610,970) ( 456,684) ( 3,798,733) ( 168,981) ( 151,865) ( 650,088) ( 1,219,520) ( 1,670,775) ( 1,159,687) (	1.03) ( 1.87) ( 0.54) ( 7.41) ( 11.41) ( 30.11) ( 0.55) ( 1.08) ( 0.59) ( 6.26) ( 5.12) ( 9.06) ( 2.40) ( 7.64) ( 1.63) ( 26.75) ( 2.39) ( 1.78) ( 14.84) ( 0.66) ( 0.59) ( 1.97) ( 3.70) ( 5.07) ( 3.52) (	Note 2 〞〞〞 Notes 3 and 5 〞〞〞〞〞〞 Note 6 Note 3 〞〞 Notes 3 and 5 Note 6 〞 Note 3 〞〞 Note 6 〞 Note 3 〞	Note 2 〞〞〞 Notes 3 and 5 〞〞〞〞〞〞 Note 6 Note 4 Note 3 〞 Notes 3 and 5 Note 6 〞 Note 3 〞〞 Note 6 〞 Note 3 〞	Note 2 〞〞〞 Notes 3 and 5 〞〞〞〞〞〞 Note 6 Note 4 Note 3 〞 Notes 3 and 5 Note 6 〞 Note 3 〞〞 Note 6 〞 Note 3 〞	79,634 $ 258,108 44,408 814,745 111,084 1,143,876 - - 99,579 180,541 546,685 150,862 99,271 58,838 200,092 - 154,880 139,377 1,298,882 16,388 3,922 124,461 349,767 680,359 216,988	1.06 3.43 0.59 11.75 2.27 23.42 - - 2.04 3.70 11.19 3.93 1.46 1.98 6.73 - 2.49 2.24 20.85 0.26 0.06 2.04 5.74 11.16 3.56

Table 6, Page 3

Purchaser/seller	Counterparty	Relationship with the counterparty		Tran	saction		Differences in t compared t transa	ransaction terms o third party ctions	Notes/accounts r	eceivable(payable)	Footnote
			Purchases (sales)	Amount	Percentage of total purchases (sales)	Credit term	Unitprice	Credit term	Balance	Percentage of total notes/accounts receivable(payable)
Yosun Singapore Pte Ltd. 〞 Sertek Incorporated 〞 Richpower Electronic Devices Co., Ltd 〞〞 Richpower Electronic Devices Co., Limited 〞〞〞〞〞 Peng Yu International Limited Peng Yu Trigold Limited 〞〞〞	WPG SCM Limited Yosun Hong Kong Corp. Ltd. Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Silicon Application corp. WPG Electronics (Hong Kong) Limited Yosun Industrial Corp. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Richpower Electronic Devices Co., Ltd WPG C&C Shanghai Co., Ltd. World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited Peng Yu International Limited WPG C&C Shanghai Co., Ltd.	Same ultimate parent company 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	Sales 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	335,484) ($ 259,043) ( 592,332) ( 479,844) ( 729,277) ( 1,095,844) ( 391,359) ( 184,166) ( 122,471) ( 127,312) ( 283,960) ( 2,225,130) ( 300,114) ( 616,497) ( 520,345) ( 106,601) ( 110,005) ( 641,935) (	6.55) ( 5.06) ( 5.72) ( 4.63) ( 6.98) ( 10.48) ( 3.74) ( 1.34) ( 0.89) ( 0.93) ( 2.07) ( 16.23) ( 2.19) ( 28.21) ( 28.98) ( 5.94) ( 6.13) ( 35.75) (	Note 3 〞〞〞〞 Note 6 Note 3 Note 6 〞〞 Note 3 〞〞〞〞〞〞〞	Note 3 〞〞〞〞 Note 6 Note 3 Note 6 〞〞 Note 3 〞〞〞〞〞〞〞	Note 3 〞〞〞〞 Note 6 Note 3 Note 6 〞〞 Note 3 〞〞〞〞〞〞〞	38,144 $ 22,958 210,939 47,301 223,309 553,201 151,202 15,348 14,297 51,402 20,998 289,344 33,083 101,850 152,840 105,816 10,628 76,501	4.02 2.42 25.34 5.68 6.16 15.27 4.17 0.48 0.44 1.59 0.65 8.97 1.03 65.38 33.23 23.01 2.31 16.63

Note 1: As the related party transactions of consolidated subsidiaries exceeding $100 million are voluminous, the related information disclosed here is from the sales aspect. Note 2: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition. The collection period is 30~120 days from the end of the month of sales. Note 3: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition. The collection period is 30~90 days from the end of the month of sales. Note 4: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition. Note 5: The income arose from the provision of administrative resources and management services, and the sales price and terms were determined by the parties. Note 6: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition. The collection period is 60~120 days from the end of the month of sales.

Table 6, Page 4

Table 7

Expressed in thousands of NTD (Except as otherwise indicated)

WPG Holdings Limited and Subsidiaries

Receivables from related parties reaching $100 million or 20% of paid-in capital or more

Nine months ended September 30, 2021

Overdue receivables

Creditor	Counterparty	Relationship withthe counterparty	Balance as at September 30, 2021 (Note1)	Turnover rate (Note2)	Amount	Actiontaken	Amount collected subsequent to the balance sheet date (Note 3)	Allowance for doubtfulaccounts
World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited Silicon Application Corp. Silicon Application Corp. Pernas Electronics Co., Ltd. Everwiner Enterprise Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. Frontek Technology Corporation Frontek Technology Corporation Apache Communication Inc. WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc.	WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG SCM Limited WPG C&C Computers And Peripheral (India) Private Limited World Peace Industrial Co., Ltd. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. WPG Korea Co., Ltd. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. Silicon Application Corp. Pernas Electronics Co., Ltd. Frontek Technology Corporation Apache Communication Inc. Asian Information Technology Inc. WPG Electronics (Hong Kong) Limited Asian Information Technology Inc. World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited Peng Yu International Limited Peng Yu Trigold Limited WPG China Inc.	Same ultimate parent company 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	1,467,091 $ 365,481 1,522,203 116,466 979,412 167,372 443,828 590,537 1,661,889 1,687,631 326,457 160,989 329,482 2,717,190 225,702 1,210,983 258,108 814,745 111,084 1,143,876 180,541 546,685 150,862	11.21 3.82 2.94 10.95 10.01 2.71 5.35 4.45 3.94 3.54 5.72 10.26 7.15 3.61 6.10 6.77 2.48 6.24 14.10 5.84 16.26 4.53 3.58	- $ 8,508 - - - - - - - 26,813 4,032 - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - -	1,467,091 $ 114,523 849,411 116,466 979,412 4,965 238,872 97,718 172,476 321,346 170,962 160,989 214,237 - - 27,076 62,293 301,544 65,032 844,448 97,052 386,141 44,801	- $ - - - - - - - - - - - - - - - - - - - - - -

Table 7, Page 1

Overdue receivables

Creditor	Counterparty	Relationship withthe counterparty	Balance as at September 30, 2021 (Note1)	Turnover rate (Note2)	Amount	Actiontaken	Amount collected subsequent to the balance sheet date (Note 3)	Allowance for doubtfulaccounts
WPG Americas Inc. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Sertek Incorporated Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Limited Peng Yu International Limited Peng Yu Trigold Limited Peng Yu Trigold Limited World Peace Industrial Co., Ltd. World Peace International Pte Ltd World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPG C&C Limited Long-Think International (Hong Kong) Limited	Yosun Industrial Corp. WPG China (SZ) Inc. WPG China Inc. Yosun Hong Kong Corp. Ltd. WPG China (SZ) Inc. WPG China Inc. Yosun Industrial Corp. Richpower Electronic Devices Co., Limited Yosun Industrial Corp. Silicon Application Corp. WPG Electronics (Hong Kong) Limited Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. WPG C&C Shanghai Co., Ltd. World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG SCM Limited WPG Americas Inc. WPG South Asia Pte. Ltd. WPG Electronics (Hong Kong) Limited World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited	Same ultimate parent company 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	200,092 $ 154,880 139,377 1,298,882 124,461 349,767 680,359 216,988 210,939 223,309 553,201 151,202 289,344 101,850 152,840 105,816 5,929,394 111,524 1,115,353 557,640 224,625 278,644 184,708 1,955,442 514,199 225,996 421,553	2.69 5.97 4.08 4.62 4.55 3.39 6.00 10.42 5.52 8.71 2.97 3.57 8.95 7.05 9.08 2.69 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	- $ - - 376,633 - - - - 45,424 - 4,250 51,159 - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - -	200,092 $ 61,419 36,109 816,217 96,504 99,459 680,359 216,988 15,835 82,393 148,719 151,202 289,344 43,152 152,840 105,816 36,629 124 351,555 639 125,344 12,232 58,301 5,925 7,555 225,996 -	- - - - - - - - - - - - - - - - - - - - - - - - - - -

Table 7, Page 2

Overdue receivables

Creditor	Counterparty	Relationship withthe counterparty	Balance as at September 30, 2021 (Note1)	Turnover rate (Note2)	Amount	Actiontaken	Amount collected subsequent to the balance sheet date (Note 3)	Allowance for doubtfulaccounts
AECO Electronics Co., Ltd. Silicon Application Company Limited Silicon Application Company Limited Pernas Electronics Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. WPG China (SZ) Inc. WPG China Inc. WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. WPG SCM Limited WPG SCM Limited WPG SCM Limited Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Yosun Shanghai Corp. Ltd. Yosun South China Corp. Ltd. Sertek Incorporated Richpower Electronic Devices Co., Limited Richpower Electronic Devices Pte Ltd. Peng Yu (Shanghai) Digital Technology Co., Ltd.	WPI International (Hong Kong) Limited Silicon Application corp. WPG Electronics (Hong Kong) Limited Silicon Application corp. Frontek Technology Corporation Apache Communication Inc. LaaS (Dongguan) Supply Chain Management Limited LaaS (Dongguan) Supply Chain Management Limited WPG Korea Co., Ltd. WPG Americas Inc. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Korea Co., Ltd. Yosun Hong Kong Corp. Ltd. WPG China Inc. WPG China (SZ) Inc. WPG China (SZ) Inc. Richpower Electronic Devices Co., Ltd Yosun Hong Kong Corp. Ltd. Yosun Singapore Pte Ltd. WPG C&C Shanghai Co., Ltd.	Same ultimate parent company 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	671,222 $ 621,914 844,909 402,986 241,266 566,383 104,773 110,394 195,249 278,988 418,485 278,737 195,312 2,251,592 3,413,565 257,344 110,471 278,666 562,371 207,713 125,831	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	- $ - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - - -	- $ 6,767 - - 9,204 7,336 - - 28,128 336 735 237 192 17,796 430,500 110,069 107,625 - - 230 -	- - - - - - - - - - - - - - - - - - - - -

Note 1: Balance as at September 30, 2021 includes other receivables that exceed $100,000.

Note 2: Turnover rate of 0.00 was caused by the receivables amount recorded as other receivables, and thus the turnover rate is not applicable. Note 3: The subsequent collections are those receivables collected as of October 29, 2021.

Table 7, Page 3

WPG Holdings Limited and Subsidiaries

Table 8

Significant inter-company transactions during the reporting period Nine months ended September 30, 2021

Expressed in thousands of NTD (Except as otherwise indicated)

Transaction

Number (Note1)	Companyname	Counterparty	Relationship (Note2)	General ledgeraccount	Amount	Transactionterms	Percentage of consolidated total operating revenues or total assets (Note 3)
0 0 0 0 1 1 1 1 1 2 2 2 2 2 3 3 3 3 3 3	WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited	World Peace Industrial Co., Ltd. Silicon Application Corp. Asian Information Technology Inc. Yosun Industrial Corp. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. Genuine C&C Inc. World Peace Industrial Co., Ltd. WPG SCM Limited WPG C&C Computers And Peripheral (India) Private Limited WPG C&C (Malaysia) Sdn. Bhd WPG C&C (Thailand) Co., Ltd. World Peace Industrial Co., Ltd. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. WPG SCM Limited WPG Korea Co., Ltd.	1 1 1 1 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Sales 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	560,572 $ 153,938 145,257 187,028 9,619,390 915,147 301,596 250,403 120,337 208,336 2,597,992 838,459 164,084 202,695 9,351,198 184,661 1,574,874 1,776,011 688,028 4,995,925	Note 11 Note 11 Note 11 Note 11 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5	0.10 0.03 0.03 0.03 1.66 0.16 0.05 0.04 0.02 0.04 0.45 0.14 0.03 0.03 1.61 0.03 0.27 0.31 0.12 0.86

Table 8, Page 1

Transaction

Number (Note1)	Companyname	Counterparty	Relationship (Note2)	General ledgeraccount	Amount	Transactionterms	Percentage of consolidated total operating revenues or total assets (Note 3)
3 4 4 4 4 5 5 6 6 7 7 7 8 8 9 9 9 9 10 11 11 11 11 11 11 11	WPI International (Hong Kong) Limited Silicon Application Corp. Silicon Application Corp. Silicon Application Corp. Silicon Application Corp. Pernas Electronics Co., Ltd. Pernas Electronics Co., Ltd. Everwiner Enterprise Co., Ltd. Everwiner Enterprise Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. Asian Information Technology Inc. Henshen Electric Trading Co., Ltd. Henshen Electric Trading Co., Ltd. Frontek Technology Corporation Frontek Technology Corporation Frontek Technology Corporation Frontek Technology Corporation Apache Communication Inc. WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited	World Peace International (South Asia) Pte Ltd. Pernas Electronics Co., Ltd. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. Silicon Application corp. Everwiner Enterprise Co., Ltd. Silicon Application corp. Pernas Electronics Co., Ltd. Frontek Technology Corporation Apache Communication Inc. WPG China (SZ) Inc. Asian Information Technology Inc. Frontek Technology Corporation Asian Information Technology Inc. Gather Technology Incorporation Limited WPG Electronics (Hong Kong) Limited WPG China Inc. Asian Information Technology Inc. World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Richpower Electronic Devices Co., Limited Peng Yu International Limited Peng Yu Trigold Limited	3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Sales 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	819,348 $ 472,527 4,006,583 1,383,514 242,569 1,010,999 341,750 399,115 1,760,641 5,554,383 1,078,712 132,533 161,173 161,488 3,675,716 253,398 461,601 132,160 1,918,506 2,069,332 5,463,326 100,250 195,496 106,392 1,135,150 928,409	Note 5 Notes 9 and 11 Notes 9 and 12 Notes 9 and 12 Notes 9 and 12 Notes 9 and 11 Note 4 Notes 9 and 11 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5	0.14 0.08 0.69 0.24 0.04 0.17 0.06 0.07 0.30 0.96 0.19 0.02 0.03 0.03 0.63 0.04 0.08 0.02 0.33 0.36 0.94 0.02 0.03 0.02 0.20 0.16

Table 8, Page 2

Transaction

Number (Note1)	Companyname	Counterparty	Relationship (Note2)	General ledgeraccount	Amount	Transactionterms	Percentage of consolidated total operating revenues or total assets (Note 3)
12 13 14 14 15 16 16 16 16 16 17 17 17 17 18 18 19 19 20 20 20 21 21 21 21 21	WPG China (SZ) Inc. WPG China Inc. WPG Americas Inc. WPG Americas Inc. WPG South Asia Pte. Ltd. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Singapore Pte Ltd. Yosun Singapore Pte Ltd. Sertek Incorporated Sertek Incorporated Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Limited Richpower Electronic Devices Co., Limited Richpower Electronic Devices Co., Limited Richpower Electronic Devices Co., Limited Richpower Electronic Devices Co., Limited	WPG China Inc. WPG China (SZ) Inc. World Peace Industrial Co., Ltd. Yosun Industrial Corp. World Peace International (South Asia) Pte Ltd. WPG China (SZ) Inc. WPG China Inc. Yosun Hong Kong Corp. Ltd. Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Limited WPG China (SZ) Inc. WPG China Inc. Yosun Industrial Corp. Richpower Electronic Devices Co., Limited WPG SCM Limited Yosun Hong Kong Corp. Ltd. Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Silicon Application Corp. WPG Electronics (Hong Kong) Limited Yosun Industrial Corp. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd.	3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Sales 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	848,669 $ 456,556 947,450 201,576 380,540 610,970 456,684 3,798,733 168,981 151,865 650,088 1,219,520 1,670,775 1,159,687 335,484 259,043 592,332 479,844 729,277 1,095,844 391,359 184,166 122,471 127,312 283,960 2,225,130	Note 8 Note 5 Note 5 Note 5 Note 11 Note 8 Note 8 Note 5 Note 5 Note 5 Note 8 Note 8 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 8 Note 5 Note 8 Note 8 Note 8 Note 5 Note 5	0.15 0.08 0.16 0.03 0.07 0.11 0.08 0.66 0.03 0.03 0.11 0.21 0.29 0.20 0.06 0.04 0.10 0.08 0.13 0.19 0.07 0.03 0.02 0.02 0.05 0.38

Table 8, Page 3

Transaction

Number (Note1)	Companyname	Counterparty	Relationship (Note2)	General ledgeraccount	Amount	Transactionterms	Percentage of consolidated total operating revenues or total assets (Note 3)
21 22 23 23 23 23 1 1 2 2 3 3 3 3 3 4 4 5 6 7 7 9 9 10 11	Richpower Electronic Devices Co., Limited Peng Yu International Limited Peng Yu Trigold Limited Peng Yu Trigold Limited Peng Yu Trigold Limited Peng Yu Trigold Limited World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited Silicon Application Corp. Silicon Application Corp. Pernas Electronics Co., Ltd. Everwiner Enterprise Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. Frontek Technology Corporation Frontek Technology Corporation Apache Communication Inc. WPG Electronics (Hong Kong) Limited	Richpower Electronic Devices Co., Ltd. WPG C&C Shanghai Co., Ltd. World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited Peng Yu International Limited WPG C&C Shanghai Co., Ltd. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG SCM Limited WPG C&C Computers And Peripheral (India) Private Limited World Peace Industrial Co., Ltd. WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG China Inc. WPG Korea Co., Ltd. WPG Electronics (HK) Limited WPG China (SZ) Inc. Silicon Application corp. Pernas Electronics Co., Ltd. Frontek Technology Corporation Apache Communication Inc. Asian Information Technology Inc. WPG Electronics (Hong Kong) Limited Asian Information Technology Inc. World Peace Industrial Co., Ltd.	3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Sales 〞〞〞〞〞 Accounts receivable 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	300,114 $ 616,497 520,345 106,601 110,005 641,935 1,467,091 365,481 1,522,203 116,466 979,412 167,372 443,828 590,537 1,661,889 1,687,631 326,457 160,989 329,482 2,717,190 225,702 1,210,983 258,108 814,745 111,084	Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Note 5 Notes 9 and 12 Notes 9 and 12 Notes 9 and 11 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 10	0.05 0.11 0.09 0.02 0.02 0.11 0.49 0.12 0.51 0.04 0.33 0.06 0.15 0.20 0.56 0.56 0.11 0.05 0.11 0.91 0.08 0.40 0.09 0.27 0.04

Table 8, Page 4

Transaction

Number (Note1)	Companyname	Counterparty	Relationship (Note2)	General ledgeraccount	Amount	Transactionterms	Percentage of consolidated total operating revenues or total assets (Note 3)
11 11 11 12 14 16 16 16 17 17 17 17 19 20 20 20 21 22 23 23 1 24 2 2	WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG China (SZ) Inc. WPG Americas Inc. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Yosun Hong Kong Corp. Ltd. Sertek Incorporated Richpower Electronic Devices Co., Ltd. Richpower Electronic Devices Co., Ltd. Richpower Electronic Devices Co., Ltd. Richpower Electronic Devices Co., Limited Peng Yu International Limited Peng Yu Trigold Limited Peng Yu Trigold Limited World Peace Industrial Co., Ltd. World Peace International Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd.	WPI International (Hong Kong) Limited Peng Yu International Limited Peng Yu Trigold Limited WPG China Inc. Yosun Industrial Corp. WPG China (SZ) Inc. WPG China Inc. Yosun Hong Kong Corp. Ltd. WPG China (SZ) Inc. WPG China Inc. Yosun Industrial Corp. Richpower Electronic Devices Co., Limited Yosun Industrial Corp. Silicon Application Corp. WPG Electronics (Hong Kong) Limited Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. WPG C&C Shanghai Co., Ltd. World Peace Industrial Co., Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited	3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Accounts receivable 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞 Other receivables 〞〞〞	1,143,876 $ 180,541 546,685 150,862 200,092 154,880 139,377 1,298,882 124,461 349,767 680,359 216,988 210,939 223,309 553,201 151,202 289,344 101,850 152,840 105,816 5,929,394 111,524 1,115,353 557,640	Note 10 Note 10 Note 10 Note 8 Note 5 Note 8 Note 8 Note 5 Note 8 Note 8 Note 5 Note 5 Note 5 Note 5 Note 8 Note 5 Note 5 Note 5 Note 5 Note 5 Note 7 Note 7 Note 7 Note 7	0.38 0.06 0.18 0.05 0.07 0.05 0.05 0.43 0.04 0.12 0.23 0.07 0.07 0.07 0.18 0.05 0.10 0.03 0.05 0.04 1.98 0.04 0.37 0.19

Table 8, Page 5

Transaction

Number (Note1)	Companyname	Counterparty	Relationship (Note2)	General ledgeraccount	Amount	Transactionterms	Percentage of consolidated total operating revenues or total assets (Note 3)
2 2 2 3 3 25 26 27 28 28 5 7 7 12 13 15 15 29 29 29 16 17 30	World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPG C&C Limited Long-Think International (Hong Kong) Limited AECO Electronics Co., Ltd. Silicon Application Company Limited Silicon Application Company Limited Pernas Electronics Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. WPG China (SZ) Inc. WPG China Inc. WPG South Asia Pte. Ltd. WPG South Asia Pte. Ltd. WPG SCM Limited WPG SCM Limited WPG SCM Limited Yosun Industrial Corp. Yosun Hong Kong Corp. Ltd. Yosun Shanghai Corp. Ltd.	WPG SCM Limited WPG Americas Inc. WPG South Asia Pte. Ltd. WPG Electronics (Hong Kong) Limited World Peace International (South Asia) Pte Ltd. WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited WPI International (Hong Kong) Limited Silicon Application corp. WPG Electronics (Hong Kong) Limited Silicon Application Corp. Frontek Technology Corporation Apache Communication Inc. LaaS (Dongguan) Supply Chain Management Limited LaaS (Dongguan) Supply Chain Management Limited WPG Korea Co., Ltd. WPG Americas Inc. WPI International (Hong Kong) Limited WPG Electronics (Hong Kong) Limited WPG Korea Co., Ltd. Yosun Hong Kong Corp. Ltd. WPG China Inc. WPG China (SZ) Inc.	3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3	Other receivables 〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞〞	224,625 $ 278,644 184,708 1,955,442 514,199 225,996 421,553 671,222 621,914 844,909 402,986 241,266 566,383 104,773 110,394 195,249 278,988 418,485 278,737 195,312 2,251,592 3,413,565 257,344	Note 6 Note 7 Note 6 Note 7 Note 13 Note 7 Note 7 Note 7 Note 7 Note 7 Note 7 Note 7 Note 7 Note 7 Note 13 Note 7 Note 7 Note 7 Note 7 Note 7 Note 7 Note 7 Note 7	0.08 0.09 0.06 0.65 0.17 0.08 0.14 0.22 0.21 0.28 0.13 0.08 0.19 0.04 0.04 0.07 0.09 0.14 0.09 0.07 0.75 1.14 0.09

Table 8, Page 6

Transaction

Number (Note1)	Companyname	Counterparty	Relationship (Note2)	General ledgeraccount	Amount	Transactionterms	Percentage of consolidated total operating revenues or total assets (Note 3)
31 19 21 32 33	Yosun South China Corp. Ltd. Sertek Incorporated Richpower Electronic Devices Co., Limited Richpower Electronic Devices Pte Ltd. Peng Yu (Shanghai) Digital Technology Co., Ltd.	WPG China (SZ) Inc. Richpower Electronic Devices Co., Ltd. Yosun Hong Kong Corp. Ltd. Yosun Singapore Pte Ltd. WPG C&C Shanghai Co., Ltd.	3 3 3 3 3	Other receivables 〞〞〞〞	110,471 $ 278,666 562,371 207,713 125,831	Note 7 Note 7 Note 7 Note 7 Note 7	0.04 0.09 0.19 0.07 0.04

Note 1: The numbers filled in for the transaction company in respect of inter-company transactions are as follows:

(1) Parent company is ‘0’.
(2) The subsidiaries are numbered in order starting from ‘1’.

Note 2: Relationship between transaction company and counterparty is classified into the following three categories:

(1) Parent company to subsidiary.
(2) Subsidiary to parent company.
(3) Subsidiary to subsidiary.

Note 3: Regarding percentage of transaction amount to consolidated total operating revenues or total assets, it is computed based on period-end balance of transaction to consolidated total assets for balance sheet accounts and based on accumulated transaction amount for the period to consolidated total operating revenues for income statement accounts.

Note 4: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition. The collection period is 30~120 days from the end of the month of sales. Note 5: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition. The collection period is 30~90 days from the end of the month of sales. Note 6: The amount receivable pertains to receipts under custody.

Note 7: Mainly accrued financing charges.

Note 8: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition. The collection period is 60~120 days from the end of the month of sales. Note 9: The terms and sales prices were negotiated in consideration of different factors including product, cost, market and competition.

Note 10: The collection period is 60 days from the end of the month of sales.

Note 11: The collection period is 30 days from the end of the month of sales.

Note 12: The collection period is 90 days from the end of the month of sales.

Note 13: The receivable was due from a payment to supplier on behalf of associates.

Table 8, Page 7

WPG Holdings Limited and Subsidiaries

Information on investees (excluding information on investments in Mainland china)

Nine months ended September 30, 2021

Table 9

Expressed in thousands of NTD (Except as otherwise indicated)

Investor	Investee	Location	Main business activities	Initial investment amount	Initial investment amount	Sharesheld	as at September30,2021	as at September30,2021	Net profit (loss) of the investee for the nine months ended September30,2021	Investment income (loss) recognized by the Company for the nine months ended September 30, 2021 (Note1)	Footnote
				Balance as at September 30, 2021	Balance as at December 31, 2020	Numberofshares	Ownership (%)	Bookvalue
WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited WPG Holdings Limited World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd.	World Peace Industrial Co., Ltd. Asian Information Technology Inc. Silicon Application Corp. WPG Electronics Limited WPG Korea Co., Ltd. WPG International (CI) Limited Yosun Industrial Corp. WPG Investment Co., Ltd. Trigold Holdings Limited WPG EMEA B.V. WT Microelectronics Co., Ltd. World Peace International (BVI) Ltd. WPI Investment Holding (BVI) Company Ltd. Longview Technology Inc.	Taiwan Taiwan Taiwan Taiwan South Korea Cayman Islands Taiwan Taiwan Taiwan Netherlands Taiwan British Virgin Islands British Virgin Islands Taiwan	Agent and sales of electronic/ eletrical components Sales of electronic/ electrical components Sales of computer software and electronic components Agent and sales of electronic/ eletrical components Agent and sales of electronic/ eletrical components Holding company Sales of electronic/ electrical components Investment company Investment company Sales of electronic/ electrical components Trading company Holding company Holding company Agent and sales of electronic/ eletrical components	18,471,669 $ 4,863,464 5,717,962 14,735 169,071 4,583,583 12,144,406 2,102,997 940,141 140,500 8,111,638 1,132,162 2,774,146 364,290	18,471,669 $ 4,863,464 5,717,962 14,735 169,071 4,583,583 12,144,406 2,102,997 707,968 - 8,111,638 1,132,162 2,774,146 364,290	1,592,500,000 560,700,000 579,000,000 3,920,000 1,087,794 150,282,520 362,074,400 210,000,000 59,195,189 5,000,000 177,110,000 34,196,393 83,179,435 33,900,000	100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 58.86 100.00 22.20 100.00 100.00 100.00	25,098,198 $ 5,658,990 7,460,322 56,371 601,603 6,683,248 11,868,122 2,171,143 1,184,536 128,635 12,030,580 3,873,721 22,152,178 485,337	3,066,753 $ 1,086,844 1,248,292 9,944 7,542 957,449 1,038,905 (128,819) 327,629 (10,694) 5,815,472 184,776 2,856,236 (3,820)	3,066,753 $ 1,086,844 1,248,292 9,757 7,542 957,449 1,036,268 (130,452) 199,383 (10,694) 1,277,791 - - -	Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 4 Note 6 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5

Table 9, Page 1

Investor	Investee	Location	Main business activities	Initial investment amount	Initial investment amount	Sharesheld	as at September30,2021	as at September30,2021	Net profit (loss) of the investee for the nine months ended September30,2021	Investment income (loss) recognized by the Company for the nine months ended September 30, 2021 (Note1)	Footnote
				Balance as at September 30, 2021	Balance as at December 31, 2020	Numberofshares	Ownership (%)	Bookvalue
World Peace Industrial Co., Ltd. World Peace Industrial Co., Ltd. Longview Technology Inc. Longview Technology Inc. AECO Technology Co., Ltd. Silicon Application Corp. Silicon Application Corp. Silicon Application Corp. Silicon Application Corp. Pernas Electronics Co., Ltd. Asian Information Technology Inc. Asian Information Technology Inc. Asian Information Technology Inc. Asian Information Technology Inc. Asian Information Technology Inc. Frontek Technology Corporation Yosun Industrial Corp.	Chainpower Technology Corp. AECO Technology Co., Ltd. Longview Technology GC Limited Long-Think International Co., Ltd. Teco Enterprise Holding (BVI) Co., Ltd. Silicon Application (BVI) Corporation Win-Win Systems Ltd. SAC Components (South Asia) Pte. Ltd. Pernas Electronics Co., Ltd. Everwiner Enterprise Co., Ltd. Frontek Technology Corporation Apache Communication Inc. Henshen Electric Trading Co., Ltd. Adivic Technology Co., Ltd. Fame Hall International Co., Ltd. Frontek International Limited Suntop Investments Limited	Taiwan Taiwan British Virgin Islands Taiwan British Virgin Islands British Virgin Islands British Virgin Islands Singapore Taiwan Taiwan Taiwan Taiwan Taiwan Taiwan British Virgin Islands British Virgin Islands Cayman Islands	Agent and sales of electronic/ eletrical components Agent and sales of electronic/ eletrical components Holding company Agent and sales of electronic/ eletrical components Investment company Holding company Holding company Sales of computer software and electronic components Agent and sales of electronic/ eletrical components Agent and sales of electronic/ eletrical components Sales of electronic/ electrical components Sales of electronic/ electrical components Sales of electronic/ electrical components Import and export business for electronic components Investment company International investment Investment company	66,261 $ 1,468,555 335,328 37,302 436,280 706,402 24,015 104,510 959,504 343,959 1,515,256 980,313 124,521 206,200 155,558 101,862 1,812,188	66,261 $ 1,468,555 335,328 37,302 436,280 706,402 24,015 104,510 959,504 343,959 1,515,256 480,313 124,521 206,200 155,558 101,862 1,812,188	9,781,452 94,600,000 11,300,000 4,000,000 12,610,000 22,000,000 765,000 3,500,000 73,500,000 28,000,000 214,563,352 219,300,000 10,000,000 4,410,000 4,703,107 2,970,000 50,700,000	39.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 25.94 100.00 100.00 100.00	165,048 1,446,768 515,503 45,643 748,445 1,612,117 24,039 105,663 1,337,557 854,593 1,985,761 2,287,841 114,046 27,110 260,543 121,040 5,239,171	105,401 $ 4,090 3,185 (652) 5,852 22,215 (26) (678) 313,277 141,829 380,607 258,128 (346) 1,881 6,930 2,784 369,031	- $ - - - - - - - - - - - - - - - -	Notes 2 and 3 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 3 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5

Table 9, Page 2

Investor	Investee	Location	Main business activities	Initial investment amount	Initial investment amount	Sharesheld	as at September30,2021	as at September30,2021	Net profit (loss) of the investee for the nine months ended September30,2021	Investment income (loss) recognized by the Company for the nine months ended September 30, 2021 (Note1)	Footnote
				Balance as at September 30, 2021	Balance as at December 31, 2020	Numberofshares	Ownership (%)	Bookvalue
Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Yosun Industrial Corp. Sertek Incorporated Richpower Electronic Devices Co., Ltd Richpower Electronic Devices Co., Ltd WPG Investment Co., Ltd. WPG Investment Co., Ltd. WPG Investment Co., Ltd. WPG Investment Co., Ltd. WPG Investment Co., Ltd. WPG Investment Co., Ltd. WPG Investment Co., Ltd. Trigold Holdings Limited Trigold Holdings Limited	Sertek Incorporated Pan-World Control Technologies, Inc. Eesource Corp. Richpower Electronic Devices Co., Ltd Sertek Limited Richpower Electronic Devices Co., Limited Richpower Electronic Devices Pte Ltd. Eesource Corp. Pan-World Control Technologies, Inc. Sunrise Technology Co., Ltd. Trigold Holdings Limited AutoSys Co., Ltd. Beauteek Global Wellness Corporation Limited LaaS Holdings (Samoa) Limited Genuine C&C Inc. Trigold (Hong Kong) Company Limited	Taiwan Taiwan Taiwan Taiwan Hong Kong Hong Kong Singapore Taiwan Taiwan Taiwan Taiwan Cayman Islands Hong Kong Samoa Taiwan Hong Kong	Sales of electronic/ electrical components Wholesale of machinery Sales of electronic/electrical components, office machinery and equipment Sales of electronic/ electrical components Sales of electronic/ electrical components Sales of electronic components Sales of electronic components Sales of electronic/electrical components, office machinery and equipment Wholesale of machinery Manufacturing of computer and its peripheral equipment Investment company Holding company Community e-commerce trading plat form and related services Holding company Sales of electronicproducts and itsperipheral equipment Holding company	1,616,722 $ 19,920 11,520 2,092,631 83,494 284,898 1,988 11,520 17,800 50,000 32,576 73,000 13,663 1,142,712 1,093,697 510,981	1,616,722 $ 19,920 11,520 2,092,631 83,494 284,898 1,988 11,520 17,800 50,000 230 73,000 13,663 1,142,712 1,093,697 510,981	94,828,100 1,660,000 1,080,000 85,000,000 19,500,000 63,000,000 10,000 1,080,000 1,565,218 3,279,800 1,252,979 5,000,000 354,400 40,060,000 79,569,450 130,200,000	100.00 24.24 20.00 100.00 100.00 100.00 100.00 20.00 22.86 10.67 1.25 16.25 19.34 100.00 100.00 100.00	1,750,662 - 35,932 2,119,103 74,774 2,402,384 212,038 37,573 - 44,508 24,951 69,869 5,199 927,843 1,175,971 911,761	142,317 $ - 37,325 318,455 662 136,860 1,424 37,325 - 5,673 327,629 (11,646) (19,012) (189,213) 126,007 229,182	- $ - - - - - - - - - - - - - - -	Notes 2 and 5 Notes 2 and 3 Notes 2 and 3 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5 Notes 2 and 3 Notes 2 and 3 Notes 2 and 3 Notes 2 and 3 Notes 2 and 3 Notes 2 and 3 Notes 2 and 5 Notes 2 and 5 Notes 2 and 5

Table 9, Page 3

Investor	Investee	Location	Main business activities	Initial investment amount	Initial investment amount	Sharesheld	as at September30,2021	as at September30,2021	Net profit (loss) of the investee for the nine months ended September30,2021	Investment income (loss) recognized by the Company for the nine months ended September 30, 2021 (Note1)	Footnote
				Balance as at September 30, 2021	Balance as at December 31, 2020	Numberofshares	Ownership (%)	Bookvalue
Genuine C&C Inc. Genuine C&C Inc. Genuine C&C Inc.	Hoban Inc. Genuine C&C Holding Inc. (Seychelles) Sunrise Technology Co., Ltd.	Taiwan Seychelles Taiwan	An E-commerce company which operates B2C and O2O businesses Holding company Manufacturing of computer and its peripheral equipment	79,999 $ 193,870 12,636	79,999 $ 193,870 12,636	8,000,000 6,500,000 1,682,151	100.00 100.00 5.47	(5,974) 128,135 3,780	9,138) ($ 1,832 5,673	- $ - -	Notes 2 and 5 Notes 2 and 5 Notes 2 and 3

Note 1: Investment income (loss) recognized by the company including realized (unrealized) gain or loss from upstream intercompany transactions and amortization of investment discount (premium). Note 2: Investment income (loss) recognized by each subsidiary.

Note 3: An investee company accounted for using the equity method by subsidiary.

Note 4: A subsidiary.

Note 5: An indirect subsidiary.

Note 6: An investee company accounted for using the equity method by the Company.

Table 9, Page 4

Expressed in thousands of NTD (Except as otherwise indicated)

WPG Holdings Limited and Subsidiaries

Information on investments in Mainland China

Nine months ended September 30, 2021

Table 10

Investee in MainlandChina	Main business activities	Paid-in capital	Investment method (Note 1)	Accumulated amount of remittance from Taiwan to Mainland China as of January 1, 2021	Amount remitt to Mainland C remitted back t nine months en 30,	ed from Taiwan hina / Amount o Taiwan for the ded September 2021	Accumulated amount of remittance from Taiwan to Mainland China as of September 30, 2021	Net income of investee for the nine months ended September 30,2021	Ownership held by the Company (direct or indirect)	Investment income (loss) recognized by the Company for the nine months ended September 30, 2021 (Note3)	Book value of investments in Mainland China as of September 30, 2021(Note6)	Accumulated amount of investment income remitted back to Taiwan as of September 30, 2021	Footnote
					Remitted to Mainland China	Remitted back to Taiwan
WPG China (SZ) Inc. WPG China Inc. Gain Tune Logistics (Shanghai) Co., Ltd. Suzhou Xinning Logistics Co., Ltd. Suzhou Xinning Bonded Warehouse Co., Ltd. Yosun Shanghai Corp. Ltd. Yosun South China Corp. Ltd. Qegoo Technology Co., Ltd. Beauteek (Shanghai) Global Wellness Corporation Limited LaaS (Dongguan) Supply Chain Management Limited	Sales of semiconductor integrated circuit and electronic components Agent for selling electronic/electrical components Warehousing services / extra work Warehousing services Warehousing services Sales of electronic components and warehousing services Sales of electronic /electrical components Business e-commerce platform Community e-commerce trading platform and related services Supply chain management, design and related	144,580 $ 1,629,214 35,281 58,932 27,850 270,422 138,056 51,523 47,345 1,114,000	1 1 1 1 1 1 1 1 1 1	96,945 $ 1,624,711 13,801 17,121 26,132 214,445 - 4,465 7,283 1,114,000	- $ - - - - - - - - -	- $ - - - - - - - - -	96,945 $ 1,624,711 13,801 17,121 26,132 214,445 - 4,465 7,283 1,114,000	227,115 $ 459,957 5,182 6,517 286) ( 5,076 3,480 - - 189,099) (	100.00 100.00 40.00 29.40 49.00 100.00 100.00 15.00 15.38 100.00	227,115 $ 459,957 2,073 1,916 140) ( 5,076 3,480 - - 189,099) (	1,087,619 $ 3,013,879 25,835 45,511 67,147 369,522 210,690 - - 926,290	- $ - - - - - - - - -	Note 3 Note 8

Table 10, Page 1

Investee in MainlandChina	Main business activities	Paid-in capital	Investment method (Note 1)	Accumulated amount of remittance from Taiwan to Mainland China as of January 1, 2021	Amount remitt to Mainland C remitted back t nine months en 30,	ed from Taiwan hina / Amount o Taiwan for the ded September 2021	Accumulated amount of remittance from Taiwan to Mainland China as of September 30, 2021	Net income of investee for the nine months ended September 30,2021	Ownership held by the Company (direct or indirect)	Investment income (loss) recognized by the Company for the nine months ended September 30, 2021 (Note3)	Book value of investments in Mainland China as of September 30, 2021(Note6)	Accumulated amount of investment income remitted back to Taiwan as of September 30, 2021	Footnote
					Remitted to Mainland China	Remitted back to Taiwan
Peng Yu (Shanghai) Digital Technology Co., Ltd WPG C&C Shanghai Co., Ltd. Trigolduo (Shanghai) Industrial Development Ltd. Trigold Tongle (Shanghai) Industrial Development Ltd.	Sales of electronic/electrical products Sales of electronic/electrical products Children’s indoor amusement park Children’s indoor amusement park	96,863 $ 228,754 43,050 6,458	1 1 1 1	181,402 $ 238,595 30,135 -	- $ - - -	- $ - - -	181,402 $ 238,595 30,135 -	65,809 $ 116,940 11,945) ( 2,846) (	100.00 100.00 70.00 70.00	39,821 $ 70,760 5,060) ( 1,205) (	234,831 $ 288,274 6,594) ( 2,206) (	- $ - - -	Note 6 Note 7

Note 1: Through investing in an existing company in the third area, which then invested in the investee in Mainland China, is ‘1’.
Note 2: Except for WPG China Inc., WPG China (SZ) Inc. and WPG C&C Shanghai Co., Ltd., the investment income/loss for the nine months ended September 30, 2021 that was recognised by the Company was based on the financial
statements reviewed by international accounting firm which has cooperative relationship with accounting firm in R.O.C. The remaining investment income/loss was measured based on unreviewed financial statements of investee during the same
Note 3: WPG International (Hong Kong) Limited invested in WPG (SZ) Inc. in the amount of HKD 10 million, which is part of the distribution of earnings from WPG China Inc. The investment had been permitted by Investment Commission, and was excluded from the ceiling of investment amount in Mainland China.
Note 4: For paid-in capital, amount remitted from Taiwan to Mainland China/ amount remitted back to Taiwan for the nine months ended September 30, 2021, accumulated amount of remittance from Taiwan to Mainland China as of September 30,
2021, book value of investments in Mainland China as of September 30, 2021, accumulated amount of investment income remitted back to Taiwan as of September 30, 2021, etc., the exchange rates used were USD 1: NTD 27.85, HKD 1: NTD 3.576 and RMB 1: NTD 4.305.
Note 5: The ending balance of investment was calculated based on combined ownership percentage held by the Company.
Note 6: The retirement of World Peace Industrial Co., Ltd.’s indirect investment in Mainland China, WPG C&C Shanghai Co., Ltd., has been approved by Investment Commission, Ministry of Economic Affairs on May 22, 2019
amounting to USD 11,650 thousand. World Peace Industrial Co., Ltd. will submit an application to Investment Commission, Ministry of Economic Affairs for deducting the accumulated amount of remittance from Taiwan to Mainland China when the consideration arising from transfer of equity interests is remitted back from the investment in the third area, WPI International (HK) Limited.
Note 7: Trigold Tongle (Shanghai) Industrial Development Ltd. is a wholly-owned subsidiary of Trigolduo (Shanghai) Industrial Development Ltd.
Note 8: WPG Investment Co., Ltd. acquired a 100% equity interest in Mainland China investee, LaaS (Dongguan) Supply Chain Management Limited , through a reinvestment, LaaS Holdings (HK) Limited , of WPG Investment Co., Ltd.'s investment in the third area, Samoa, on August 2, 2020. WPG Investment Co., Ltd. had received a post-approval from the MOEA.

Table 10, Page 2

Companyname	Accumulated amount of remittance from Taiwan to Mainland China as of September30,2021	Investment amount approved by the Investment Commission of the Ministry of Economic Affairs (MOEA)	Ceiling on investments in Mainland China imposed bythe InvestmentCommission of MOEA
WPG Holdings Limited World Peace Industrial Co., Ltd. and its subsidiaries Silicon Application Corp. and its subsidiaries Yosun Industrial Corp. and its subsidiares WPG Investment Co., Ltd. Trigold Holdings Limited	1,778,711 $ 359,884 11,997 233,522 1,125,748 537,080	1,943,939 $ 434,140 17,433 494,730 1,134,885 567,215	41,274,692 $ 15,089,534 4,476,193 4,869,914 1,302,686 1,161,367

(1) Exchange rates as of September 30, 2021 were USD 1: NTD27.85, HKD 1 : NTD 3.576 and RMB 1 : NTD 4.305.

(2) The ceiling of investment amount of the company is calculated based on the investor's net assets.

Table 10, Page 3

Table 11

WPG Holdings Limited and Subsidiaries

Major shareholders information

September 30, 2021

Name of major shareholders	Shares	Shares
	Number of shares held	Ownership (%)
Fubon Life Assurance Co., Ltd.	126,362,000	6.72%

Description: If the company applies Taiwan Depository & Clearing Corporation for the information of the table, the following can be explained in the notes of the table.

(a) The major shareholders information was derived from the data that the Company issued common shares (including treasury shares) and preference shares in dematerialised form which were registered and held by the shareholders above 5% on the last operating date of each quarter and was calculated by the Taiwan Depository & Clearing Corporation. The share capital which was recorded in the financial statements may be different from the actual number of shares in dematerialised form due to the difference in the calculation basis.
(b) If the aforementioned data contains shares which were held in trust by the shareholders, the data is disclosed as a separate account of client which was set by the trustee. As for the shareholder who reports share equity as an insider
whose shareholding ratio is greater than 10%, in accordance with the Securities and Exchange Act, the shareholding ratio includes the self-owned shares and shares held in trust, and at the same time, the shareholder has the power t
decide how to allocate the trust assets. For the information on reported share equity of insider, please refer to Market Observation Post System.

Table 11, Page 1

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WPG — Interim / Quarterly Report 2021

52368_rns_2021-12-23_6af24a2d-1ca1-4406-9776-2ee654cc89ee.pdf

WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS’ REVIEW REPORT

Introduction

Scope of review

Basis for qualified conclusion

Qualified conclusion

WPG HOLDINGS LIMITED AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

SEPTEMBER 30, 2021, DECEMBER 31, 2020 AND SEPTEMBER 30, 2020

WPG HOLDINGS LIMITED AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

SEPTEMBER 30, 2021, DECEMBER 31, 2020 AND SEPTEMBER 30, 2020

WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

WPG HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020 (EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS) (REVIEWED, NOT AUDITED)

WPG HOLDINGS LIMITED AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS NINE MONTHS ENDED SEPTEMBER 30, 2021 AND 2020

(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS, EXCEPT AS OTHERWISE INDICATED) (REVIEWED, NOT AUDITED)

1. HISTORY AND ORGANIZATION

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

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

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

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(1) Compliance statement

(2) Basis of preparation

(3) Basis of consolidation

B. Subsidiaries included in the consolidated financial statements:

(c) Statements of cash flows

(4) Employee benefits

A. Short-term employee benefits

B. Pensions

(a) Defined contribution plans

(b) Defined benefit plans

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

(1) Critical judgements in applying the Group’s accounting policies

6. DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

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

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

(7) Other receivables

(8) Inventories

(9) Investments accounted for using equity method

(10) Property, plant and equipment

(11) Leasing arrangements-lessee

(12) Investment property

(13) Intangible assets

(14) Prepayments for investments

(15) Overdue receivables (shown as ‘other non-current assets’)

(16) Short-term borrowings

(17) Short-term notes and bills payable

- (18) Long term borrowings

(19) Other current liabilities

(20) Pensions

(22) Share capital

(23) Capital surplus

2020. Details are summarised below:

(29) Other gains and losses

(33) Income tax

A. Income tax expense

(a) Components of income tax expense:

(34) Earnings per share

(35) Transactions with non-controlling interest

(36) Supplemental cash flow information

(37) Changes in liabilities from financing activities

7. RELATED PARTY TRANSACTIONS

(1) Parent and ultimate controlling party

(2) Names of related parties and relationship

C. Receivables from related parties

D. Other receivables

E. Payables to related parties

F. Endorsements and guarantees provided to related parties

G. Others

(4) Key management compensation

WPG Interim / Quarterly Report 2021