Board of Directors announced Consolidated Financial Statements for the Quarter Ended June 30, 2016

Board of Directors announced Consolidated Financial Statements for the Quarter Ended June 30, 2016

1.Date of occurrence of the event:2016/08/13

2.Company name:Sincere Navigation Corporation

3.Relationship to the Company (please enter ”head office” or ”subsidiaries”): Head office

4.Reciprocal shareholding ratios:NA

5.Cause of occurrence:Board of Directors announced Consolidated Financial Statements for the Quarter Ended June 30, 2016

6.Countermeasures:Consolidated Financial Statements will be uploaded to MOP website before the official deadline.

7.Any other matters that need to be specified:

Board of Directors announced Consolidated Financial Statements for Jan.~Jun. 2016 Brief 2016 Q2 consolidated financial statements as below:

(Expressed in thousand NTD except earnings per share)

Operating revenue                                                                                     $2,247,585

Net income                                                                                                  $598,926

Net income attributable to owner of the parent                                  $403,191

Comprehensive income                                                                            $224,440

Comprehensive income attributable to owner of the parent            $70,144

Earnings per share                                                                                     $0.71