台火開發股份有限公司 TIDEHOLD DEVELOPMENT CO., LTD

Stock Code：9902

2020 INVESTOR CONFERENCE

November 24th,2020

1

Disclaimer

The information in this document was acquired from sources available to the

company and is subject to change. The information from TSE MOPS shall take precedence in case of discrepancies.

2

Contents

3

• Company Name： TIDEHOLD DEVELOPMENT CO., LTD

• Established Year：1950

• Date of Listing： July 14th,1964

• Paid-in Capital：NT$ 980,496,000

• Employees：15

• Chairman： Lee, Tai-Chi

4

Organization Chart

5

Parent-subsidiary Chart

TIDEHOLD DEVELOPMENT CO.,

LTD(parent company)

TAI YOU INTERNATIONAL CO.,LTD.

(Domestic subsidiary)

(Shareholding ratio99.99%)

TIDEHOLD INVESTMENT CO.,LTD.

(Domestic subsidiary)

(Shareholding ratio97.50%)

6

• Trading: Importing, exporting , purchasing and reselling various commodities both foreign and domestic (The main products are construction material, sedan, and special vehicles (environmental, and engineering vehicles))

• Real Estate Development: Investment in constructions of residential or commercial buildings for sell or rental

• Rental and leasing of Equipment and sedan • Investment in businesses with growth and profit

potentials

7

•Construction Department Current situation and trend of real estate industry： Up, Steady

•Sales Department Current situation and trend of special environmental vehicle, and state-owned engineering vehicle： Up, Steady

8

•Construction Department

Construction company

Landlord

Our

Company

consumer

9

•Sales Department：

Bidding government special environmental vehicles and state-owned engineering vehicles

Truck chassis manufacturer

Vehicle accessories manufacturer

Car body builder

Our

Company

Government environmental protection unit

State-owned business

10

•Sales Department： Imported cars for sale

Sedan rentals

Foreign supplier

Our company

Domestic car dealer

Domestic and foreign car suppliers

Our

company consumer

11

•Sales Department：

Sale of construction materials

Building material supplier

Our

company

Construction company

12

•Construction Department： Commercial real estate market has been trending upwards

•Sales Department： Bidding of government special environmental vehicles and state-owned engineering vehicles： growth is steady Imported cars for sale：growth is steady Sedan rental： competition has grown Sales of construction material：traditional building materials are conservative in the short term trend, new types of materials are activey being developed.

13

The primary activities are store and office space rental/or sale, and land development . Currently, our company's co-construction project located rightby Shilin Presidential Residence has been divided into 9 units with total of 4,374.93 sq. meter. This co-construction project has been completed on August 1,2017. Six units have been rented out in April 2018, and 1 unit signed in August 2020 to be rented, and we are still actively looking for suitors for the other 2 units.

14

The primary activities are, trading of imported vehicles, and special vehicles (green vehicles and engineering vehicles etc.), we work together with car body manufacturers to enter bidding projects of government environmental protection agencies for green vehicles such as garbage trucks, ditch cleaning and street sweeping vehicles etc.. As a result of years of work in the green vehicle area , we are expected to see a gradual increase in the market share. We are also expected to be developing new types of construction materials and other businesses. Furthermore, we also seek opportunities with up and downstream companies of all the above businesses for a more steady revenue and profit.

15

Unit:NT$ 1,000

Item September 30,

2020 %

September 30, 2019

%

Current Assets 532,517 40.96% 524,320 37.52%

Non-current Assets 767,551 59.04% 873,270 62.48%

Total Assets 1,300,068 100.00% 1,397,590 100.00%

Current Liabilities 37,622 2.88% 122,576 8.77%

Non-current Liabilities 36,381 2.80% 35,593 2.55%

Total Liabilities 74,003 5.69% 158,169 11.32%

Capital Stock 980,496 75.42% 980,496 70.16%

Total Equity 1,226,065 94.31% 1,239,421 88.68%

16

Unit:NT$ 1,000

項目 2020Q3 2019Q3

Operating revenue 255,586 98,328

Operating costs 242,852 91,594

Gross profit (loss) from operations 12,734 6,734

Operating expenses 20,204 18,499

Net other income (expenses) 4 0

Net operating income (loss) (7,466) (11,765)

Non-operating income and expenses 32,259 42,095

Income before Tax 24,793 30,330

Tax expense (income) (488) 0

Profit (loss) 24,305 30,330

Other comprehensive income 0 0

Total comprehensive income 24,305 30,330

EPS(NTD) 0.25 0.31 17

• Our current operating directions will be to further improve upon the aforementioned businesses.

• We will efficiently plan the Shihlin project, maintain liquidity of our capital, and wisely use the resources that comes with our joint ventures, such as expanding more international tradings and develop new business opportunities.

• Additionally, as agricultural and leisure businesses are on the rise, we are working with experts to pursuit this fields.

• We will continue to strengthen our company’s composition, increase our competitiveness, keep a close eye on political and economical changes, and we will remain ready in a continuing effort to create profit for our shareholders.

18

19