1.Date of the board of directors resolution:2014/05/12

2.Record date of the capital reduction:2014/05/14

3.Operations plan for replacement of share certificates for the capital

  reduction:NA

4.Record date of the replacement of share certificates:2014/05/14

5.Rights and obligations of the new shares after the capital reduction:

Same with the old shares.

6.Anticipated listing date for the new shares:NA

7.Estimate listed shares, the ratio of listed shares to outstanding

 shares, after the capital reduction:NA

8.Countermeasures of the aforesaid estimate change in shareholding 

after the capital reduction:NA

9.Any other matters that need to be specified:

Our important subsidiary HUGA Opto corporation’Board resolutions up losses

through capital reduction on March 18,2014.

As well as HUGA Opto’s board of directors approved capital reduction as

May 14,2014.  HUGA Opto compensate cumulative losses before 2013 (inclusive)

for capital reduction, there is no negative impact on shareholders' equity of

the Company. HUGA Opto has been a turnaround in 2014 Q1.