stipulated in the Notification of the Capital Market Supervisory Board Re: Rules for Management of Retails Funds, Mutual Funds for Accredited Investors, Mutual Funds for Institutional Investors and Private

accordance with the requirements stipulated in the Notification of the Capital Market Supervisory Board Re: Rules for Management of Retails Funds, Mutual Funds for Accredited Investors, Mutual Funds for

decrease from 188,153 gigawatt-hours in 2016. A decrease in electricity consumption was mainly resulted from an increasing trend of Independent Power Supply and the governmental promotion of energy saving

to high domestic ethanol stock, and the increasing aggregate domestic production capacity. Natural Resources Business Group recorded soften performance though the Company still realized additional

and to be able to reduce the burden of increasing interest that occurs from the debt burden. Furthermore, the Company may use the proceeds as the working capital to increase financial liquidity in the

to the global raw material price and the increasing competition in the stainless steel pipes , aluminum and copper. For three months For nine months Consolidated financial statement ended 31st December

either increasing or decreasing from changes of inventory at the end of period. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market At the end of Q3/2019, domestic RTD fruit juice

afterward. The capital increase from Initial Public Offering would result in the marked decrease in Debt- to-Equity ratio and financial costs going forward. On November 14, 2019, the Company entered into the

global raw materials and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors

increasing or decreasing from changes of inventory at the end of period. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market At the end of Q2/2019, domestic RTD fruit juice market