SEQ_NO

1

Date of

announcement

2025/12/23

Time of

announcement

17:19:07

Subject

The Company's Board of Directors resolved to

recognize asset impairment in accordance with IAS 36

Date of events

2025/12/23

To which item it meets

paragraph 51

Statement

1.Date of occurrence of the event:2025/12/23

2.Company name:HONG TAI ELECTRIC INDUSTRIAL CO.,LTD

3.Relationship to the Company (please enter ”head office” or

”subsidiaries”):Head office

4.Reciprocal shareholding ratios:N/A

5.Cause of occurrence:Based on the assessment of impairment indicators for the

investee, South Ocean Holdings Ltd., in accordance with IAS 36, the Company's

Board of Directors resolved to recognize an impairment loss of NT$44,462

thousand, and its subsidiary, Moneywin, recognized an impairment loss of

NT$7,453 thousand.

6.Countermeasures:None

7.Any other matters that need to be specified (the information disclosure

also meets the requirements of Article 7, subparagraph 9 of the Securities

and Exchange Act Enforcement Rules, which brings forth a significant impact

on shareholders rights or the price of the securities on public companies.):

(1)The amount of asset impairment has not yet been reviewed by accountant.

(2)This asset impairment is not an actual cash outflow and has no impact on

the Company's working capital and cash flow.