Material Information (1718 CMFC)

SEQ_NO

 2

Date of announcement

 2023/08/11

Time of announcement

 17:14:16

Subject

 The company's Board of Directors confirm the new pricing

formula for selling Ethylene Oxide to Pan Asia

Chemical Corporation.

Date of events

  2023/08/11

To which item it meets

paragraph 10

Statement

1.Date of amendment to the contract or commitment:2023/08/11

2.Counterparty of the contract or commitment:Pan Asia Chemical Corporation.

3.Relationship with the Company:Subsidiary of the Company.

4.Reason for amendment:In order to reflect production cost.

5.Content amended:Reformulating the Ethylene Oxide pricing formula.

6.Effect on the Company's finances or business:None.

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

  also meets the requirements of Article 7, subparagraph 8 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.):

The new pricing formula is confirmed by the Board of Directors of both

parties and is effective retrospectively from Aug. 1st, 2023.