The Company has a policy to pay out dividends at not less than 40.0% of its net profits stated on the Company financial statements after deduction of the corporate income tax and legal reserve each year. The Company considers dividend payment based on factors that deem to be the most beneficial to the shareholders such as the Company’s performance and financial status, investment plans in each period as deemed reasonable or appropriate by the Board of Directors. The dividend payment shall not have significant impact on the Company’s normal operation. The resolution of the Board of Directors on dividend payment has to be proposed to the shareholders for approval, except payment of the interim dividends where the Board of Directors has its authority to approve and then report the same to the next shareholders’ meeting.

The Company’s subsidiaries have a policy to pay out dividends at not less than 20.0% of its net profits stated on the company financial statements after deduction of the corporate income tax and legal reserve each year. Nevertheless, The Company’s subsidiaries also consider dividend payment based on factors that deem to be the most beneficial to the shareholders such as the subsidiaries performance and financial status, investment plans in each period as deemed reasonable or appropriate by its Board of Directors. The dividend payment shall not have significant impact on the Company’s normal operation. The resolution of the Board of Directors on dividend payment has to be proposed to the shareholders for approval.