Chia Hsin Cement : Renewal of the service contract for cement warehousing and storage at Taichung Port signed between the Company and its subsidiary TYCH Int’l

 Renewal of the service contract for cement
warehousing and storage at Taichung Port signed between
the Company and its subsidiary TYCH Int'l

1.Date of occurrence of the event:2021/12/14
2.Counterparty to the contract or commitment:
Tong Yang Chia Hsin International Corp.
3.Relationship with the Company:Subsidiary
4.Starting and ending dates (or rescission date) of the
contract or commitment:2022/01/01-2022/12/31
5.Major content (not applicable where rescinded):
(1)In order to meet the demand of cement supply in central Taiwan, the
Company assigns its subsidiary Tong Yang to perform the service for
operation of cement warehousing and storage center located at Taichung
Port Pier No. 27 Silos to Chia Hsin International Corp.
(2)Service fees (including notary fee, dockage, port dues, port authority
management fee, facility production management fee & etc.) will be
paid at NTD 180 per ton (before tax) on the basis of actual amount of
cement distributed by the Company.
(3)Unloading vessel clearance charges will be paid on the basis of actual
costs incurred.
(4)In case the rotary packaging machine is used, cost of operation will be
calculated and paid on the basis of the actual packaging quantity used.
6.Restrictive covenants (not applicable where rescinded):N/A
7.Commitment (not applicable where rescinded):N/A
8.Any other important agreement (not applicable where rescinded):N/A
9.Effect on company finances and business:N/A
10.Concrete purpose/objective:N/A
11.Any other matters that need to be specified:N/A