1. Date of the board of directors resolution: 2020/03/20

2. Purpose of the share repurchase: To maintain company's credit and shareholders' rights

3. Type of shares to be repurchased: Common stock

4. Ceiling on total monetary amount of the share repurchase: NT$ 624,965,092

5. Scheduled period for the repurchase: 2020/03/23~2020/05/22

6. Number of shares to be repurchased: 5,000,000

7. Repurchase price range: NT $7.50~NT$ 20.45. When the company's stock price is below the lower limit

    of the price range, the company will continue to buyback.

8. Method for the repurchase: Repurchasing at a centralized securities exchange market.

9. Ratio of the shares to be repurchased to total issued shares of the Company: 2.68%

10. Number of the Company’s own shares held at the time of reporting: 10,000,000

11. Status of repurchases within three years prior to the time of reporting:

  (1)Actual buyback period：2019/08/13 ~ 2019/10/09,

  Planned number of buyback stock (shares): 10,000,000,

  Actual number of buyback stock (shares)：10,000,000

  Implementation (the actual number of shares bought back accounts for the planned number of

  shares bought back): 100.00

12. Status of repurchases that have been reported but not yet completed: None

13. Minutes of the board of directors' meeting that resolved for the share repurchase:

   To repurchase the Company’s stocks Content:

  I. According to Article 28-2 of the Securities and Exchange Act and ”Regulations Governing Share 

  Repurchase by Exchange-Listed and OTC-Listed Companies”, the Company will repurchase the Company’s 

  shares. The following related matters are 2 proposed for this repurchase

  1.) Purpose of the share repurchase: To maintain company's credit and shareholders' rights.

          2.) Scheduled period for the repurchase: 2020/03/23~2020/05/22

          3.) Number of shares to be repurchased: 5,000,000

        4.) Repurchase price range: NT$ 7.50 ~ NT$ 20.45. However, when the company's stock price is lower than the lower limit of the price range, the company will continue to repurchase.

          5.) Method for the repurchase: Repurchasing at a centralized securities exchange market.

       Resolution：All directors approved.

14. The rules for transfer of shares set forth in Article 10 of the Guidelines for Repurchase of Shares by Listed and OTC Companies: N/A

15. The rules for conversion or subscription of shares set forth in Article 11 of the Guidelines for Repurchase of Shares by Listed and OTC Companies: N/A

16. Declaration that the financial state of the Company has been considered by the board of directors and that its capital maintenance will not be affected:

Declaration letter from Bright LED Electronics Corp. Board of Directors:

1. The Company has been approved by at least half of the directors on the fifth Board of Directors' Meeting on 2020/03/20 with the attendance of more than two-thirds of the directors to repurchase 5,000,000 shares of the company within two months.

2. The stated amount of common shares to be purchased accounts for 2.68% of Bright LED Electronics Corp.'s total shares, and the maximum amount of funding needed for repurchase theses common shares is 4.87% of Bright LED Electronics Corp.'s total current assets. Hereby, the Board of Directors states that it has already considered Bright LED Electronics Corp.'s financial status and that the repurchase of these common shares will have no impact on maintaining Bright LED Electronics Corp.'s invested capital.

3. This declaration letter is approved at the Board of Directors' Meeting with attendance of five Directors.

17. Appraisal by a CPA or securities underwriter of the reasonableness of the share repurchase price:

The repurchase of these common shares in the stated price range will not have an impact on Bright LED Electronics Corp.'s financial structure, solvency, profitability and cash flow. Its decision-making process is legal. No major abnormalities.

18. Other particular specified by the Securities and Futures Bureau: N/A