UNIVACCO TECHNOLOGY INC.

btlee@univacco.com.tw TonyTeng@univacco.com.tw 17 3 www.sinopac.com www.ey.com/tw

() 1,466,953 1,387,905 5.70% 159,347 235,875 32.44% 2.46 3,016,500 2,566,959 449,541 17.51% 20% () 97 () 96 97 44.38 49.12 % 248.15 207.78 238.87 93.70 201.39 80.44 % 30.04 5.82 (%) 11.56 6.44 (%) 19.53 10.75 24.91 13.93 % (%) 46.47 19.95 (%) 17.00 10.86 () 3.87 2.46 () -1-

1. 2. 3. 4. 1. 2. 3.NB 4.Low E Film () 1. 2. 3. 4. () () 1. (1) (2) (3) (4) ALH 2. (1) (2) (3) -2-

() () -3-

79 08 80 02 GRAVURE COATER 81 03 GRAVURE COATER 81 06 82 04 GRAVURE COATER 83 10 GRAVURE COATER 84 01 1-13 83 10 84 06 85 02 GRAVURE COATER 86 03 COATER 86 06 ( 1-13 ) 87 05 GRAVURE COATER GVE 1650 m/m 88 04 GRAVURE COATER 89 04 ISO-9001 90 02 GRAVURE COATER 91 06 91 10 91 10 91 10 91 11 SGS ISO-9001(2000 ) 92 01 2-96 92 03 GVE 2000 m/m 92 07 92 07 93 04-4-

93 05 94 01 4,000 95 01 96 01 96 05 96 07 ( ) 96 11 97 02 UNIVACCO FOILSHOLLAND B.V. 97 07 APOLLO (Hologram) 97 10 98 03 1 TAI LENG INDUSTRY INC. UNIVACCO TECHNOLOGY (CAYMAN) INC. APOLLO INVESTMENT LTD. (1)APOLLO INVESTMENT LTD. AUBO INC. AUBO ( ) ( ) ( ) (2) (3) Win-Win (4) A. B. C. 3-5-

-6-

-7- ()

-8- ()

98 04 21 % (1) 96.05.07 3 82.02.03 2,404,122 4.88% 2,233,997 3.34% 93,312 0.14% 96.05.07 3 90.03.23 405,795 0.82% 553,220 0.83% 1,064 96.05.07 3 90.03.23 324,038 0.66% 958,320 1.43% 170,841 0.25% 96.05.07 3 96.05.07 518,795 1.05 527,646 0.79 12,000 0.02% 96.05.07 3 93.04.30 96.05.07 3 93.04.30 96.05.07 3 94.06.01 460,705 0.94% 508,746 0.76% 55,997 0.08% -9-

(1) 96.05.07 3 90.03.23 173,429 0.35% 191,513 0.29% 382,800 0.57% 96.05.07 3 94.06.01-10-

1 2. 2 1 2 3 4 5 6 7 8 9 10 3 1 2 ( ) 3 4 5 6 7 8 9 30 10 27 3. 4. -11-

() 98 04 21 % ( ) 95.08 958,320 1.43 170,841 0.25% UNIVACCO TECHNOLO GY (M) SDN.BHD. 91.07 113,455 0.17 46 95.01 93,516 0.14 92.08 260,731 0.39 18,193 0.03 92.11 6,000 0.01 () AUBO INC. ( ) UNIVACCO FOILS (HOLLAND) B.V. UNIVACCO TECHNOLOGY (M) SDN.BHD. APOLLO INVESTMENT LTD. -12-

() (1) ( ) -13- ABCD ABCD EF G (A) (G) (B) (C) (D) (F) (E) (H) () 720 720 3,604 3,604 155 155 2.81% 2.81% 7,372 7,799 73 73 2,727 2,727 157,500 157,500 9.19% 9.46% (A+B+C+D) (A+B+C+D+E+F+G) I J 2,000,000 2,000,000 5,000,000 5,000,000 10,000,000 10,000,000 15,000,000 15,000,000 30,000,000 30,000,000 50,000,000 50,000,000 100,000,000 100,000,000 7 7 7 7

(2) ABC D (A) (B) (C) (D) 360 360 684 684 65 65 0.70 0.70 (A+B+C+ D) E 2,000,000 2,000,000 5,000,000 5,000,000 10,000,000 10,000,000 15,000,000 15,000,000 30,000,000 30,000,000 50,000,000 50,000,000 100,000,000 100,000,000 3 3-14-

(3) ABC D (A) (B) (D) (C) 2,641 2,641 53 53 30 30 678 678 2.132.1362,500 62,500 E 2,000,000 2,000,000 5,000,000 5,000,000 10,000,000 10,000,000 15,000,000 15,000,000 30,000,000 30,000,000 50,000,000 50,000,000 100,000,000 100,000,000 1 1 (4) 3,261 3,261 2.05% % -15-

(1) 96 26,140 26,140 11.08% 11.08% 97 20,811 21,238 13.06% 13.33% (2) A. B. 14A (%) / 14 0 100.00 () 4 0 28.57 (97.07.17 ) 1 13 7.14 13 1 92.86 14 0 100.00 13 0 92.86 13 0 92.86 8 57.14 9 64.29 9 64.29 14 3-16-

(1) (2) (%) / 8 57.14 9 64.29 9 64.29 () () () () () () () () () () -17-

-18- () () ( ) () () 敍

1. -19-

-20-2.

-21-

-22-

-23-

-24-

82.02 95.08 92.08 92.11 凃 1. ( ) () () -25-

( ) 2. 3. 97 98 4 21 / / / / (758,559) 95,000 (823,000) () ( ) 329,981 62,500 109,136 1,935 9,413 25,006 78,711 37,500 136,901 22,500 () 97 7 17 1. 2. -26-

-27-

98 04 21 () 3,862,000 5.77% () 2,900,000 4.33% 1. 1. 2,233,997 3.34% 93,312 0.14% 2. 2. 1,500,000 2.24% 1,400,000 2.09% 1,075,000 1.61% 958,320 1.43% 170,841 0.25% () 953,327 1.42% 902,647 1.35% 890,160 1.33% 175,074 0.26% -28-

-29-

() 86 10 1,000 80 80,000 80 80,000 25,000 86 2604195 89 8 10 13,500 135,000 9,380 93,800 13,800 (89) 89489008 90 4 14 13,500 135,000 12,500 125,000 31,200 (090) 9001163610 90 7 10 14,500 145,000 13,750 137,500 12,500 (090) 9001314280 91 2 18 14,750 147,500 14,750 147,500 10,000 09101083780 91 5 10 15,900 159,000 15,900 159,000 11,500 09101190230 91 6 18 23,500 235,000 17,900 179,000 20,000 09101283550 91 8 28 23,500 235,000 19,900 199,000 20,000 09101362990 91 9 10 24,180 241,800 24,180 241,800 39,800 09101399200 3,000 92 5 10 40,000 400,000 29,016 290,160 48,360 09201155030 92 5 30 40,000 400,000 35,016 350,160 60,000 09201155030 93 2 30.5 46,000 460,000 37,616 376,160 26,000 93 7 10 70,000 700,000 43,720 437,204 94 8 10 70,000 700,000 46,343 463,436 95 7 10 70,000 700,000 48,197 481,974 96 4 16.7 70,000 700,000 49,267 492,674 96 5 38 70,000 700,000 55,511 555,114 62,440 96 5 16.7 70,000 700,000 56,186 561,864 96 7 10 70,000 700,000 59,596 595,957 97 4 14.4 100,000 1,000,000 60,397 603,972 09331797440 0920161556 49,759 09332342880 0930121366 11,285 17,488 09432758550 0940124658 8,744 09432758550 18,537 0950123904 09632029780 10,700 09601159230 0960019441 09601173980 6,750 28,093 09601182780 6,000 0960028778 09701093680 8,015 97 4 50.9 100,000 1,000,000 61,348 613,481 9,509 09701093680 97 7 14.4 100,000 1,000,000 61,390 613,896 09701177820 415-30-

() 97 8 10 100,000 1,000,000 66,210 662,097 31,217 0970031759 09701210020 16,983 98 04 21 / 66,940,908 33,059,092 100,000,000 98 04 21 / 2 22 7,020 7 7,051 3,495,000 9,015,668 52,859,224 1,571,016 66,940,908 5.22 13.47 78.96 2.35% 100.00% 9804 21 / 1 999 2,379 374,458 0.55% 1,000 5,000 3,258 6,389,932 9.54% 5,001 10,000 617 4,207,608 6.28% 10,001 15,000 275 3,230,196 4.83% 15,001 20,000 101 1,789,553 2.67% 20,001 30,000 134 3,178,218 4.75% 30,001 50,000 111 4,303,204 6.43% 50,001 100,000 93 6,131,748 9.16% 100,001 200,000 35 4,682,889 7.00% 200,001 400,000 24 7,401,516 11.06% 400,001 600,000 9 4,757,316 7.11% 600,001 800,000 3 2,175,767 3.25% 800,001 1,000,000 6 5,347,506 7.99% 1,000,001 6 12,970,997 19.38% 7,051 66,940,908 100.00% -31-

98 04 21 / 3,862,000 5.77% 2,900,000 4.33% 2,233,997 3.34% 1,500,000 2.24% 1,400,000 2.09% 1,075,000 1.61% 958,320 1.43% 953,327 1.42% 902,647 1.35% 890,160 1.33% 96 97 115.00 57.60 26.1 44.75 11.50 13.05 75.62 33.65 20.38 3 31 23.96 23.18 23.80 20.56 22.58(2) ( ) 56,637 64,705 62,498 4.16 2.46 0.29 3.87 (2) 1.55(1) 0.64(2) 0.52(1) 0.64(2) 297 18.18 13.68 48.79 52.58(2) 2.05% 1.90%(2) 1 97/06/13-32-

-33-

(1) (2) (3) 2.46 (4) 97 3 20 97 6 13 1,698,300 1,698,300 16,983,000 16,983,000 0 0 6,368,622 6,368,622-34-

98 04 21 97/02/19~ 97/08/01~ 97/11/03~ 97/04/18 97/09/24 97/12/30 30.87~71.89 20.58~49.65 9.84~24.06 1,001,000 2,342,000 1,539,000 47,454,565 49,777,878 25,034,256 0 ( ) 1,020,000 0 ( ) 1,001,000 2,323,000 3,862,000 1.49% 3.47% 5.77% % -35-

-36-

-37-

98 04 21 0930136261 4,000 5.98 % 2 50% 3 75% 4 100% 3,319,250 50,275 175 12.3 % 0.26-38-

98 04 21 16.7 490 0.73490 14.4 7,362 0.73% 12.3 () -39-

-40-

-41-

-42-

-43-

-44-

-45-

() 1. (1) A. B.SMD C. (2) 97 1,002,306 68.33% 345,014 23.52% 119,633 8.15% 1,466,953 100.00% -46- (3) ( A. ( PVCPP ) B. C. (A)PET PVC (B)OPP DM( ) D. (A)PVC PVC (B)PET PET E. PET PET (/ ) F. PET

G. H. A. SMDSurface Mounting Devise PI LED B. LCD Hard-coatAnti-glareAnti-smudge C. BEF & Diffuser & Reflector D. LED (4) ( ( ) 1.T-shirt 2. 3. 4. 5. 6. 7. 1. 2. 3. 4.Hard coat film for 5.MLCC 6. 7. 2. (1) LCD SMD SMD A. Vacuum Coating Vacuum Metalizing 1930 1932 1950 1968 49% -47-

1 13 800 40 10% B. LCD -48-

2009 2008 2009~2010 LCD 2008 1.79 1.9 2.0 6.9%5.9% DisplaySearch 2008 1 900 2012 2 7560 10 2012 40 30 direct-view LCD LCD 2012 7 500 LCD -49-

2002 2008 LCD 98% 13 42 226% (730 920 mm glass) 14 TFT LCD 2008 TFT LCD NB TFT LCD 2009 1 TFT LCD 2009 Q4 2009 1 2009 1 TFT LCD 10 % 8% TFT LCD 81.0% 5 TFT LCD 103.8% 100% 2009 1 TFT LCD 118.6%101.8% 2009 TFT LCD 7.0 49.7% (A)LCD LCD TFT-LCD LCD 56% LCD TV 40% TFT-LCD TFT-LCD (B)SMD 3C SMDSurface Mounting Device SMD Type -50-

-51-

(2) A. -52-

B. (A) LCD LCD (B)SMD -53-

SMD Cover Tape Tape & Reel SMD (3) A. 40 産 PDA/Mobile handset B. (A)LCD TV TFT-LCD 40 TFT-LCD 6 2005 2,450 2004 2006 TFT LCD 2009-54-

(B) LCD 2006 2,096 2008 30% 2,728 2009 3,200 2010 60% (C)SMD Tape & Reel 10-55-

(4) A. 5 3 1 ITW Kurz API Crown 75% 3 4 5 4 4 2 2 1 2 3 15% 4 3 4 4 5 2 0 1 3 0 10% 4 2 5 5 0 0 0 0 1 0 10 % 100% 3.25 3.65 4.85 4.1 3.75 1.8 1.5 0.9 2.5 2.25 33% 5 4 3 4 4 0 0 0 0 0 33% 4 4 2 4 4 3 3 0 3 0 33% 2 2 1 2 1 5 4 4 4 4 20 % 100% 3.67 3.33 2.00 3.33 3.00 2.67 2.33 1.33 2.33 1.33 25% 4 5 5 4 2 3 2 1 1 0 25% 2 5 5 5 5 1 1 0 1 2 25% 4 4 5 4 3 1 0 0 1 0 20 25% 2 3 5 4 2 1 1 1 1 0 % 100% 3 4.25 5 4.25 3 1.5 1 0.5 1 0.5 10 % 25% 4 5 5 4 3 4 3 1 3 0 25% 2 5 5 5 5 1 0 0 0 1 25% 3 5 5 5 3 1 0 0 1 0 25% 1 4 5 4 2 1 0 0 2 0 100% 2.5 4.75 5 4.5 3.25 1.75 0.75 0.25 1.5 0.25 50% 4 5 5 4 4 1 1 1 1 1 20 50% 3 3 4 4 2 2 2 2 2 2 % 100% 3.5 4 4.5 4 3 1.5 1.5 1.5 1.5 1.5 33% 4 5 5 4 4 4 2 2 3 3 33% 3 4 5 4 4 2 2 1 2 3 33% 4 3 3 3 3 5 5 4 4 3 20 % 100% 3.67 4.00 4.33 3.67 3.67 3.67 3.00 2.33 3.00 3.00 3.34 3.96 4.15 3.91 3.23 2.22 1.79 1.25 1.92 1.52 5 B. (A) Flat Panel Display 3C (monitornote bookdigital Camracell phone ) FPD -56-

FF GG HH II (B)SMD SMD PP QQ JJ KK LL FF MM 3. (1) -57-

(2) A. (A) (B) B. (A) (B) (C) 2002 C. / D. (3) 27 9804 30 1 3 20 3 27-58-

(4) A. 93 94 95 96 97 38,041 40,088 32,498 53,353 57,924 921,694 965,921 1,034,051 1,387,905 1,466,953 4.13 4.15 3.15 3.84 3.95 B. 1.PL-01---- 2.PH06.2 ---- 3.TF-01---- DIY 4.VM-22----DVD 5.710(H06) ---- 6.SW-01.4---- 93 7. ---- 8. 9. 10. 11. 12. 1.PH05.4 for plastic of hologram---- 2.PH08.1 for data card---- ID or Data 3.KF04.1 ---- 4.PH02.6 ---- 94 5.RSL-10 ---- 6. 7. 8. 1. 2. 3. 4. 5. 95 6. 7. 8. 9. 10. 11. 1.725D ---, DOP 2.WAX ---, T 3.OF-01 96 4.729-1 ( ) 5.IC 6. -59-

1. 2. 3. 4. 97 5. 6. 7.NB 8.Low E Film -60-

-61-

2-62-

1. (1) 96 97 89,269 6.43% 68,683 4.68% 295,369 21.28% 404,113 27.55% 386,557 27.85% 448,604 30.58% 11,914 0.86% 9,060 0.62% 11,572 0.84% 11,208 0.76% 593,224 42.74% 525,285 35.81% 1,387,905 100% 1,466,953 100% (2) 2005 2.76% Kurz API ITW Nakai ITW ( SKC) 32 97 ( ) 9.35 29.22% 10.9 97 2.89 26.51% 50% -63-

50% 15% 10% 5% 5% 15% A. 3M LCD 2004 3C B. SMD 15% FF MMPPQQRR 20% (3) KURZCROWN 2008 A. 3 B. SMD SMD 10% SMD -64-

(4) A. (A) KURZ API ITW OIKE CROWN KOLON 91 97 9.4 (1) ( ) (a) (b) (..) (2) 1 95 SOP -65-

95% 2 95 96 97 115,526 106,930 229,271 744,849 952,589 911,427 ( ) 15.51% 11.23% 25.16% 3 PSP 95 96 97 KF3.0 PH06.1 727 KF04.1 PET H06 PH2.2 728 P-341 PH2.2 905 RSL-10-66-

95 96 97 MV-16WBA MV-16WP A-367costdown CF3.0 R-260 costdown 11u 12u CF4.1 PH06.1/PH06.2 costdown H0 733 280 729M HP-120 A-8 PH2.2 costdown 4 80% UNIVACCO (B) 91 93 94 95 SMD Cover Tape (1) 1 15% Monitor 殻 NoteBook 2LCD -67-

96 LCD 3SMD PPQQ PP QQ SMD End-user 4 A. KeiwaKimotoTsujiden SKCSBKShinwha AABB Keiwa Kimoto Tsujiden SKC SBK Shinwha AA BB 1 19 ( ) 3000Nit 2900-3000Nit 2800-2900Nit 2 3-68-

98 1 85% B. (2) 1SMD Cover Tape SMD Cover Tape 2 IMF(In Mold Film)In Mold Folm IMF (3) 95 (1) 1LCD LCD IEK 2004 2009 LCD 35% LCD, 2 3 (2) 1-69-

(UNIVACCO) (a) (b) 2 (a) UNIVACCO (b) (c) 3 2. (1) D LED SMD LCD LCD -70-

(2) : A. / / / :, B. LCD (A)SMD (B) -71-

C. D. 3. / PET PET 96 97 260,221 18.75% 293,292 19.99% 292,557 21.08% 192,553 13.13% A. B. UNIVACCO TECHNOLOGY INC. 96 UNIVACCO TECHNOLOGY INC. 96 97 232,767 28.72% 157,970 20.69% 118,385 14.61% 109,739 14.37% -72-

M 2 96 97 ( ) 157,079 550,871 148,250 552,994 59,982 234,043 49,966 226,558 14,800 28,958 11,345 25,336 3,972 122,078 4,601 121,552 2,589 220,022 4,368 329,930 6,002 102,172 4,593 141,253 244,424 1,258,144 223,123 1,397,623 96 220,022 97 329,930 7. M 2 96 97 ( ) 41,582 204,652 78,757 397,489 28,516 148,106 84,225 417,555 33,965 190,413 18,508 111,403 20,671 131,129 20,388 173,998 14,776 48,632 0 0 11,249 40,492 0 0 241 366 14 66 0 0 0 0 0 6 879 107,202 0 9 689 90,879 0 0 0 0 18 72 0 66 477 30,296 2,873 142,446 183 15,027 2,746 136,670 549 82,990 236 21,017 1,131 146,993 346 46,324 393 35,869 747 15,058 367 43,457 1,519 76,176 91,983 593,224 102,014 794,681 62,135 525,285 109,913 941,668 96-73-

96 97 98 3 31 28 30 28 278 293 279 40 59 59 26 25 24 372 407 390 32 34 34 3.4 4.3 4.3 98 3 31 0.54% 0.49% 0.51% 4.30% 4.91% 5.64% 47.31% 49.14% 49.23% 45.16% 45.21% 44.36% 2.69% 0.25% 2.56% -74-

(1) A. B. (: ) C. D. E. F. (2) A. B. (3) A. B. (4) : 2009.01.01~ 2009.12.31 2009.01.01~ 2009.12.31-75-

- 76 -

- 77 -

凃 - 78 -

- 79 -

- 80 -

- 81 -

- 82 -

- 83 -

- 84 -

- 85 -

- 86 -

- 87 -

- 88 -

- 89 -

- 90 -

- 91 -

- 92 -

- 93 -

- 94 -

- 95 -

- 96 -

- 97 -

- 98 -

- 99 -

- 100 -

- 101 -

- 102 -

- 103 -

- 104 -

- 105 -

- 106 -

- 107 -

- 108 -

- 109 -

- 110 -

- 111 -

- 112 -

- 113 -

- 114 -

- 115 -

- 116 -

- 117 -

- 118 -

- 119 -

- 120 -

- 121-1 2

- 122 -

- 123 -

- 124 -

- 125 -

- 126 -

- 127 -

- 128 -

- 129 -

- 130 -

- 131 -

- 132 -

- 133 -

- 134 -

- 135 -

- 136 -

- 137 -

- 138 -

- 139 -

- 140 -

- 141 -

- 142 -

- 143 -

- 144 -

- 145 -

- 146 -

- 147 -

- 148 -

- 149 -

- 150 -

- 151 -

- 152 -

- 153 -

- 154 -

- 155 -

- 156 -

- 157 -

- 158 -

- 159 -

- 160 -

- 161 -

- 162 -

- 163 -

- 164 -

- 165 -

- 166 -

- 167 -

- 168 -

- 169 -

- 170 -

- 171 -

- 172 -

- 173 -

- 174 -

- 175 -

- 176 -

- 177 -

- 178 -

- 179 -

7-180 -

7-181 -

- 182 -

- 183 -

- 184 -

1 2 3-185 -

- 186 -

- 187 -

- 188 -

- 189 -

- 190 -

- 191 -

- 192 -

- 193 -

- 194 -

- 195 -

- 196 -

- 197 -

- 198 -

- 199 -

- 200 -

( ) ( ) 1. 1 APOLLO 2 3 4 2. 3. 4. - 201 -

() (%) ( ) 1. 2. 1 2 3. 4. 5. - 202 -

1. 97 12 31 96 12 31 () 35.79 37.79 19.98 89.14% 10.03 2. ( ) 1. - 2. TAI LENG INDUSTRY INC. (BVI) 590,814 38,404-203 -

1. (1) A. (A) 9,537 0.69 7,885 0.76 0.07 27,370 1.87% 9,537 0.69 1.18 13,045 0.89 9,707 0.70 0.19 (B) 97 B. (A) (B) (2) / 95 96 97 2,237 322 12,534 1,034,051 1,387,905 1,466,953 557,716 794,681 941,668 53.94 57.26 64.19 0.22 0.02 0.85 A. 53.94 57.26 64.19 B. (A) - 204 -

(B) (C) (D) (E) (F) (3) A. B. 2. (1) A. B. (A) (B) - 205 -

(C)... 34 108 ; 0 42 (2) 3. 4. (1) (2) 5. - 206 -

(1) (2) (3) 6. (1) (2) 7. (1) TAI LENG INDUSTRY INC. UNIVACCO TECHNOLOGY (CAYMAN) INC. APOLLO INVESTMENT LTD. 1APOLLO INVESTMENT LTD. AUBO INC. AUBO ( ) ( ) ( ) 2 3 Win-Win 4 A. B. C. (2) (3) 8. 9. - 207 -

旣 - 208 -

µ 10. - 209 -

11. 12. (1) (2) 13. - 210 -

- 211 -

- 212 -

- 213 -

- 214 -

USD 30-215 -

- 216 -

- 217 -

- 218 -

USD 22,624-219 -

- 220 -

- 221 -

- 222 -

- 223 -

- 224 -

- 225 -