Audit Committee

Members of the Audit Committee

Title	Name
Independent Director	YANG, DER- YUAN
Independent Director	CHANG, WEN I
Independent Director	Wu, Ming-Tong

The duties of the auditing committee

Audit Committee assists the board of directors in its monitoring on accounting, auditing, financial report proceeding as well as the reliability and quality of financial control. The duties of Audit Committee include reviewing financial reports, the system of internal control, material assets or derivatives transactions, endorsement and borrowing of massive loans, issuing securities, legal affairs, matters concerning the interests of the directors, the appointment, decommission and pay of certified accountants, and appointment and decommission of financial, accounting and internal auditing officers. Audit Committee consists of all independent directors with at least one expert on accounting and finance. Audit Committee shall meet at least once every three months. Please refer to Market Observation Post System (MOPS) for the attendance.

Information of the Implementation in the current year (including those items, specified in Article 14-5 of the Securities and Exchange Act):

Date of Meeting held by the Audit Committee	Contents of Motion and Follow-up Response	Items of resolution which are disapproved by the Audit Committee but approved by two-thirds or more of all directors
January 11, 2023 First Meeting in 2023(the 13th of 2nd Anniversary)	The proposed item is the revision of the "Accounting System" of our company, which is up for discussion.	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (January 11, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.
March 9, 2023 Second Meeting in 2023 (the 14th of 2^nd Anniversary)	The proposed 2022 Business Report, Individual Financial Statements. Submit the proposal for Recognition of 2022 loss appropriation. Submit the proposal to discuss the evaluation of the company's CPA's remuneration and its independence of the company in 2023. Assessment of effectiveness of the company's 2022 intern control system and the discussion case of "Declaration of Internal Control System". The proposed item is the formulation of the "Risk Management Policy and Procedures" and compile various risk management and control mechanisms and measures of the company, which is up for discussion. Approved revisions of partial content of the "Corporate Governance Best Practice Principles".	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (March 09, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.
April 19, 2023 Third Meeting in 2023 (the 15th of 2^nd Anniversary)	Case of discussion on the revision of the company's "Internal Control System". Case of discussion on the revision of the company's "Internal Control System of the Shareholders Service Unit".	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (April 19, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.
May 04, 2023 Fourth Meeting in 2023 (the 16th of 2^nd Anniversary)	Submit the proposal to discuss the first quarter financial report for 2023. Case of discussion the Lifting of the Non-Compete clause for Director.	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (May 4, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.
June 28, 2023 Fifth Meeting in 2023 (the first of 3^nd Anniversary)	The proposed change of the acting spokesperson, financial supervisor, corporate governance officer of our company is up for discussion. The proposed change of the accounting supervisor of the company is up for discussion. Submit the proposal to change of CPA to discuss in the second quarter of 2023.	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (June 28, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.
August 08, 2023 Sixth Meeting in 2023 (the second of 3^nd Anniversary)	Submit the proposal to discuss the second quarter financial report for 2023.	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (August 08, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.
September 26, 2023 Seventh Meeting in 2023 (the third of 3^nd Anniversary)	Submit the proposal to discuss the company, and Hsin Chuan Construction have signed a contract for the expansion project of the BC Building of Pingnan Wire Rod Factory.	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (September 26, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.
November 06, 2023 Eighth Meeting in 2023 (the 4th of 3^nd Anniversary)	Submit the proposal to discuss the third quarter financial report for 2023. Submit the proposal to discuss the company's "Audit Plan in 2024".	Nil
	Objections, reservations or major proposal item content of independent directors: Nil
	Results of the Audit Committee's Resolution (November 06, 2023): All members of the Audit Committee agree to pass.
	Company's response to the Audit Committee's opinions: All the attending directors agree to pass.