assets relating to the Manufacturing Business of accessories and faucet products, with the reasons and justifications as follows: Enclosure Page 3 of 9 In the past, the Company’s operating results have

of the opinion that the acquisition of shares is reasonable and benefitting the Company and its shareholders in accordance with the reasons stipulated in Clause 9. Moreover, such Transaction will also

. Hinoki wood has many special properties: it has oil inside the wood which prevents it from becoming a fungus, has no moisture and has a unique fragrance. From the above reasons, the Resolution of the

of the opinion that the acquisition of shares is reasonable and benefitting the Company and its shareholders in accordance with the reasons stipulated in Clause 9 . Moreover, such Transaction will also

fungus, has no moisture and has a unique fragrance. From the above reasons, the Resolution of the Extraordinary General Meeting of the Shareholders of D Innovation No. 1/2008 dated September 3, 2018

evaluates that there is a remain uncertainty about the future utilization of the related benefit, because they relate to a large amount of historical data and documents. Therefore, for reasons of

which prevents it from becoming a fungus, has no moisture and has a unique fragrance. From the above reasons, the Resolution of the Extraordinary General Meeting of the Shareholders of D Innovation No. 1

. 8.1.The board has the following resolution on the capital increase 1. Reasons and the need for capital increase The company has a need to increase its capital to be used for the water production project

future utilization of the related benefit, because they relate to a large amount of historical data and documents. Therefore, for reasons of conservations, the Company did not recognize this amount as an

performance. Actual results may differ materially from information contained in these forward-looking statements as a result of a number of factors. We do not undertake to update our forward-looking statements