revenue from sale increased.  Gross profit margin increased from the same period of last year from 45.6% to 46.5%. According to the Company has efficiently managed portion of sales both at branch’s sale

branch’s sale and at Company’s event which held in June and December every year. For 2019, Jubilee 90th Anniversary Thank you Sale and The Legendary of Carat & Celebrating 90 Years Timeless Excellence. Also

order to execute the relevant agreement(s) within December 2019, such as share sale and purchase agreement with respect to the Sale Shares. In addition, the Company’s board meeting has resolved to propose

information memorandum. In this regard, the Company and the Existing Shareholders shall further determine and prescribe details, conditions and/or terms in order to execute the relevant agreement(s) within