(A.)Scope of business 

1.)Principal Activities of the Businesses Operated
(1) C801020 Manufacture of petrochemical raw materials.
(2) C802090 Manufacture of cleaning products.
(3) D101050 Auto-Electric Co-generation Industry.
(4) F212011 Gasoline station industry.
(5) F212061 Gas filling station industry.
(6) H701010 Residential and building development, rental and sale.
(7) In addition to permitted operations, ZZ99999 may operate businesses that are not prohibited or restricted by law.

2.) Share of Current Businesses
Non-ionic surfactants accounted for 85% of the business, while esterified products accounted for approximately 15%.

Polyethylene glycol alkyl ether, polyethylene glycol alkyl ether, castor oil EO additive, polyethylene glycol alkyl amine ether, polyethylene glycol fatty acid ester, polyethylene glycol, polypropylene glycol polyethylene glycol ether, trimethanol propane EO additive, EO and PO additive of other polyols, spinning oil, lubricant ester, plastic lubricant, cosmetic ester, detergent ester, bath softener.

(B.)Industry Overview 

1.)Upstream, midstream and downstream industry linkages:
Non-ionic surfactants are the bridge between the upstream petrochemical raw materials industry and the downstream consumer and industrial goods industry, and are irreplaceable and critical to the development of the industry.

2.)Various development trends and competition of products:
(1) Non-ionic surfactants are essential for economic development and are expected to grow even more as the economy continues to rise.
(2) This industry requires the support of EO plants and the Company has competitive market conditions.
(3) As a result of the zero tariff among ASEAN-10 Plus One members since FY 2009, the Company has faced a challenge in terms of price competitiveness.

(C.)Effect of regulatory environment and general operating environment 

After the announcement of the restriction on the use of NP NPEOD in Taiwan, there was a direct impact on the Company's NPEOD domestic sales. With the liberalization of ECFA, the tariff on non- ionic surfactants exported from Taiwan was reduced to 0% (except for PEG solid products). However, since January 2011, China has classified NP and NPE as toxic chemicals and restricted the sales volume of foreign imports (Mainland China manufacturers are not subject to this restriction), which has greatly affected our sales volume to Mainland China. We also provide substitute products or increase the sales of other products and develop new regions and promote Bio-EOD products to compensate for the decrease in sales of NPE.

(D.)Technology and R&D Overview 

Development of a successful technology or product:
Plasticizer DOTP, metal cleaner, solar silicon wafer cutting fluid, spinning oil, lubricant ester, plastic lubricant, cosmetic ester, detergent ester, softener in bath.

(E.)Short- and long-term business development plans: 

1.)short term:
Increase the production capacity of EOD equipment to cope with China's major infrastructure projects and supply cement water reducer and other products. Completed the test run of the esterification plant and started production to increase new products and turnover.

2.)long term:
Upgrading product technology to supply high-tech electronics industry. Vertical industry development to open up new markets.

Important applications of the main products are as follows
(A.)Market Analysis 

1.) Major product sales regions
(1) Domestic sales: 50%, divided into half for distribution and half for self sales
(2) Export: 50%, with Mainland China and Singapore accounting for the largest share, followed by Southeast Asia and Australia.

2.) Market Share: Domestic market share estimated at 50% market Share

3.) Future supply, demand and growth of the market
(1) ECFA tariff agreement to reduce China's import tariff to 0%. This will greatly benefit the sales of some of our products in Mainland China.

4.) Competition niche
(1) Stable supply of EO, NP, DEG and natural alcohols.
(2) Stable quality, competitive price and smooth marketing channels.

5.) Pros and cons of the development prospect and strategies to address them
(1) Enabling factors
A、Diversified products and wide range of industry demands are not easily affected by the impact of economic fluctuations.
B、The technology level is higher than that of neighboring China and Southeast Asia, and the production and supply situation is stable.
C、Sales channels and relationships are consolidated, and products are sold to all industries at home and abroad.
D、Safety of raw materials supply, the main raw materials NP and EO are supplied by the long-term cooperation with CMFC's pipeline.
A、Environmental consciousness is still high, and the rising cost of crudeoil has led to an increase in the cost of petrochemical raw materials,which may lead to an increase in the Company's operating costs.
B、 Continued outward migration of domestic industry and decrease in demand.
C、 The environmental protection policy of restricting the use ofnonylphenol series products in Taiwan and the use of nonylphenol auxiliaries for textile products sold to Europe.
D、The import of nonylphenol series products in Mainland China has been controlled since January 4, 2011, and importers must have environmental protection certificates to apply for import, which directly impacted the purchase volume in the downstream market.
(C.)Responding Strategies
A、In line with the trend of environmental protection, we develop natural alcohols with EO series products to reduce the impact of rising costs of petrochemical raw materials.
B、To meet the upgrading of the industry and the demand of customers, we develop high value-added products and OEM products to increase the competitiveness of the industry.
C、Improve the production efficiency and increase the sales competitiveness in domestic and export markets in China and Southeast Asia.
D、Provide the antagonists of the nonylphenol series products to customers for trial use, and the transactions have been completed.

(B) The important applications of the main products are as follows 
MAIN PRODUCTS Polyethylene glycol alkyl ether, polyethylene glycol alkyl ether, castor oil EO additive, polyethylene glycol alkyl amine, polyethylene glycol fatty acid esters, polyethylene glycol, polypropylene glycol polyethylene glycol, trimethylpropane EO additive, spinning oil, lubricant esters, plastic lubricants, cosmetic esters, detergent esters, bath softeners.
MAIN USE Household CleanersPersonal hygiene products
Metal Industry
Paper Pulp Industry
Plastic Industry
Rubber Industry
Pigment Industry
Cosmetics Industry
Electronic Industry
Polymer Industry
Lubricant Industry
Detergent; Soaking agent; Emulsifier; Wetting agent; Softening agent
Detergent; Soaking agent; Emulsifier; Wetting agent; Softening agent
Detergent; Penetrating agent; Dyeing aid; Emulsifier; Softener; Bath softener Cleaning agent, Emulsifier, Additive for plating solution
Degreasing agent; Deinking agent; Wetting agent
Emulsified polymeric emulsifier, plastic inner and outer slip agent Additives, Release Agents 
Dispersant; Emulsifier
Detergent, Emulsion, Base material, Wetting agent
Cleaning agent
Texturizer; Emulsifier; Antistatic agent
Base oil (API Group V oil), additives
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