I. A Brief Introduction to Company

1. Date of Incorporation
  5 February 2002
2. Corporate history :
  The establishment of Jih Sun Financial Holding Co., Ltd. (“Jih Sun Holding”) was a response to the latest trend of global financial development and to our government’s efforts in financial reform. It aimed to enlarge economies of scale, maximize synergy, and enhance competitiveness. As of the end of March 2012, Jih Sun Holding employed a total of 3,494 staff (including staff employed by 4 companies - Jih Sun Holding, Jih Sun Securities, Jih Sun Bank, and Jih Sun Property Insurance). Some of its major historical events are listed below:

2001/08 Assembled a professional management team for Jih Sun Financial Holding Company; appointed KPMG and Chien Yeh Law Offices as project consultants.
2001/11/14 Submitted application for company registration of Jih Sun Financial Holding Company Ltd to The Ministry of Finance. Approval granted on 2001/12/31.
2001/11/29 Submitted application and notification for merger to Fair Trade Commission, Executive Yuan. Permission granted on 2001/12/31.
2001/12/14 Jih Sun Securities Co., Ltd. and Jih Sun International Bank,Ltd. convened extraordinary shareholders' meetings separately. (This was also the founders' meeting of Jih Sun Financial Holding Co., Ltd.)
2002/01/14 Applied for the public listing of Jih Sun Financial Holding Co., Ltd. in GreTai Securities Market.
2002/02/05 Jih Sun Financial Holding Co., Ltd. was established through share conversion by Jih Sun Securities Co., Ltd. and Jih Sun International Bank,Ltd. 2002/02/05 was set as the share conversion base date. After obtaining the certificate of company registration from The Ministry of Economic Affairs, business license from The Ministry of Finance, and the certificate of business registration from Taipei City Government, Jih Sun Financial Holding Co., Ltd. was formally listed for public trading on the GreTai Securities Market.
2002/09/10 Jih Sun International Bank,Ltd. acquired Hsin-Ying Credit Cooperative Association. Its branch size expanded from 27 to 34.
2002/10/04 Jih sun Securities Co., Ltd. acquired Tou-Fen Securities; adding 3 branches to a total of 37.
2002/10/11 Jih Sun Securities Co., Ltd. acquired Yuan-Hsin Securities through issuance of new shares; adding 5 branches to a total of 42.
2002/10/30 Jih Sun Securities Co., Ltd. acquired He-Mei Securities. Its branch size was expanded to 43.
2003/06/06 Jih Sun Financial Holding Co., Ltd. held its Annual General Meeting. In compliance with Sections 29 and 30 of The Corporate Merger and Acquisition Act, Jih Sun Financial Holding Co., Ltd. acquired the remaining ownership interest in Jih Sun Securities Co., Ltd., apart from Jih Sun Financial Holding Co., Ltd. itself, through a share exchange. As of the share exchange date, Jih Sun Securities Co., Ltd. became a 100% owned subsidiary of Jih Sun Financial Holding Company.
2004/01/01From 2004 onwards, Jih Sun Financial Holding Co., Ltd. re-organized its management structure toward a functionality-oriented structure. Four major business groups were established: Individual Financial Services Group, Corporate Financial Services Group, Investment and Proprietary Trading Group, and Wealth Management Group.
2004/08/12Established Jih Sun International Insurance Agency Ltd.
2004/12/24 Jih Sun Securities Co., Ltd. opened 10 new branches in 2004 to a total of 52.
2005/01/27Jih Sun International Bank,Ltd. acquired the Trust Department of Taiwan Development & Trust Corp, adding 34 branches to a total of 46.
2005/01/28Obtained long-term and short-term credit ratings of twBBB and twA-3, respectively, from Taiwan Ratings; prospect was rated Stable.
2005/03/28Jih Sun Financial Holding Co., Ltd. issued its first domestic unsecured convertible corporate bond with a face value of NT$6 billion and a tenor of 5 years.
2005/05/23Jih Sun International Bank,Ltd. signed a "Business Entitlement and Property Ownership Transfer Agreement" with Taiwan Land Development Corporation.
2005/06/01Adjusted the criteria of Individual Financial Services Group and Wealth Management Group based on customers' characteristics; established strategic planning teams within each of the four major business functions to enhance the integration of our planning and marketing efforts.
2005/08/06Completed the settlement of Jih Sun International Bank,Ltd.'s acquisition for the Trust Division of Taiwan Land Development Corporation.
2005/11/02Obtained long-term and short-term credit ratings of twBBB and twA-3, respectively, from Taiwan Ratings; the long-term credit prospect was rated Stable.
2006/01/12 For the purpose of future market share gains and profit maximization, The Company sold part of its controlling interests and business properties in Netbroker Securities Co., Ltd.
2006/01/15 Based on statistics produced by the Taiwan Stock Exchange, Jih Sun Securities Co., Ltd. was the most profitable securities brokerage firm in 2005 with profits totaling NT$1,444.97 million.
2006/01/19 Jih Sun International Bank,Ltd. opened its Ren-Ai Branch; total branches accumulated to 37.
2006/07/12 The Securities and Futures Development Foundation announced the Third Evaluation of Public Listed Companies based on its Information Disclosure System. Jih Sun Financial Holding Co., Ltd. was the only company listed in GreTai Securities Market to be rated "A+" (a total of 630 companies from the Taiwan Stock Exchange and 402 from the GreTai Securities Market were rated).
2006/07/21 To comply with international as well as local financial accounting standards while improving the quality of Jih Sun International Bank,Ltd.'s financial statements, the NT$9.87 billion loss on disposal of non-performing loans, which were originally amortized over five years as Financial Institution Merger Act permitted, were written off at once.
2006/07/21 Jih Sun Financial Holding Co., Ltd. completed its first private placement of cash equity in 2006. Shinsei Bank subscribed 1.08 billion shares (31.8%) of The Company's ordinary shares and 630 million perpetual non-cumulative preference shares totaling NT$11.34 billion, which were convertible into ordinary shares after 5 years.
2006/08/23 To improve its financial structure, Jih Sun International Bank,Ltd. reduced its capital by NT$17,067,013 thousand to offset accumulated losses.
2006/08/25To strengthen its financial structure and to increase its capital adequacy ratio, Jih Sun International Bank,Ltd. completed a cash injection of NT$12,000,000 thousand. .
2006/08/29The new General Manager of Jih Sun Financial Holding Co., Ltd., Dai Rui-Hong, came on board.
2006/09/29Obtained long-term and short-term credit ratings of "A-(twn)" and "F2(twn)", respectively, from Fitch Ratings; long-term credit prospect was rated "Stable".
2006/11/17Jih Sun International Bank,Ltd. established its "Trade Financing Unit". Trade service specialist teams were set up in Taipei, Taichung, and Kaohsiung branches to enhance our services to local international trading companies.
2006/12/18Taiwan Academy of Banking and Finance was appointed by the Financial Supervisory Commission to conduct an "Evaluation on Banks' Protection of Consumer Interests". Jih Sun International Bank,Ltd. was selected as one of the 13 top-performing banks.
2007/03/28
To provide sufficient working capital for Jih Sun International Bank,Ltd. while strengthening its financial structure and raising its capital adequacy ratio, Jih Sun Financial Holding Co., Ltd. increased its investment in Jih Sun International Bank,Ltd. by NT$1 billion.
2007/06/26
To offset previous losses and strengthen financial structure, Jih Sun Financial Holding Co., Ltd. reduced its capital by NT$13,711,490 thousand.
2007/07/27
Jih Sun Financial Holding Co., Ltd. was rated A+ in the Securities and Futures Development Foundation's Fourth Evaluation of Public Listed Companies based on its Information Disclosure System. This represented that The Company was completely transparent on all material disclosures and withheld no information from investors
2007/10/15The new General Manager of Jih Sun International Bank,Ltd., Liu Yu-Chun, came onboard.
2007/10/17 Received long-term and short-term credit ratings of "A-(twn)" and "F2(twn)", respectively, from Fitch Ratings; long term credit prospect was rated "Stable".
2008/02/15 Jih Sun International Bank,Ltd. opened its new Nanking Branch; total branches accumulated to 38. 2008/04/08 Jih Sun International Bank,Ltd. opened its new Chubei Branch; total branches accumulated to 39.
2008/04/18 Jih Sun International Bank,Ltd. opened its new Anping Branch; total branches accumulated to 40.
2008/06/04 Jih Sun Financial Holding Co., Ltd. was rated A in the Securities and Futures Development Foundation's Fifth Evaluation of Public Listed Companies based on its Information Disclosure System. This represented that The Company was completely transparent on all material disclosures and withheld no information from investors.
2008/11/14Fitch Ratings confirmed Jih Sun Financial Holding Co., Ltd. a domestic long-term rating of "BBB+(twn)", a domestic short-term rating of "F2(twn)", a standalone rating of "D/E", a supportive rating of "5", and a credit prospect of "Negative".
2009/03/04 New General Manager Ms. Shu-Chao Yang of Jih Sun International Bank,Ltd. was on board.
2009/03/21 Jih Sun Securities Co. Ltd. (in introducing broker team) and Jih Sun Futures Co. Ltd. (in futures brokerage merchant team) received “2008 Futures Brokerage Business Trading Volume Award” from Taiwan Futures Exchange.
2009/04/15 Jih Sun Financial Holding Co., Ltd.’s Board of Directors has elected Mr. Tang Chen as the Chairman, Mr. Yong Fei Zhao as the General Manager and Mr. Kuo He Chen as the Honorary Chairman.
2009/04/15 Fitch Ratings Ltd. awarded Jih Sun Financial Holding Co., Ltd. 「BBB+(twn) 」 for long term rating , 「F2(twn) ”」 for short term rating and upgraded outlook from 「Negative」to 「Stable」.
2009/05/21 Jih Sun International Bank,Ltd.., the subsidiary of Jih Sun Financial Holding Co., Ltd. will reduce its capital by 12.537 billion (the rate of capital-reducing is 82.58%) in order to make up losses. In addition, Jih Sun International Bank,Ltd.. will increase paid-in capital by a cash increment NT$9.401 billion. This is estimated to be done before the end of June. After Jih Sun International Bank,Ltd.’s capital-reducing and cash increment, the paid-in capital of Jih Sun International Bank,Ltd. will become 12.046 billion and the Book Value Per Share will raise to around NT$10.
2009/06/19 Jih Sun FHC held a shareholder ordinary meeting on June 19, 2009, and elected directors for the 4th board which includes 11 directors ( including 3 independent directors). To strengthen our corporate governance connecting international development, we also set up an audit committee to replace supervisor from now on.
2009/08/18Due to the flood disaster resulting from the typhoon Morakot on 2009/08/08, Jih Sun Financial Holdings Co., Ltd. donated NT$5 million in response to disaster relief for corporate social responsibilities. Moreover, the company also encouraged employees to donate one-day salary and provided many donation convenience services.
2009/09/25Jih Sun Financial Holdings Co., Ltd. held the activities of "nothing left in the mountains" in the "Superior Common Consensus Camp" of the year so as to create the new outlook of Jih Sun Financial Holdings Co., Ltd.
2009/09/30To carry out corporate governance, Jih Sun Securities Co., Ltd. approved to establish the Audit Committee in the 15th meeting of the 12th Board of Directors meeting.
2010/02/09 On the 9th of Feb 2010, Fitch Ratings awarded Jih Sun Financial Holding Company a domestic long term credit rating of "BBB+(twn)", a domestic short term credit rating of "F2(twn)" and rated its future prospect as "Stable".
2010/05/27 Mr. Wang Chih-Fang, Deputy General Manager of Jih Sun International Bank,Ltd., formally serves as General Manager of Jih Sun International Bank,Ltd. after the approval of the board of directors.
2010/06/03 The capital reduction of NT$23.812 billion was approved in the Jih Sun FHC’s shareholder ordinary meeting on 2010/05/06. The capital reduction case was approved by the competent authority on 2010/05/26. The base date of capital reduction shall be 2010/06/08 in the resolution of the board of directors meeting held on 2010/06/03. In order to cover the accumulative losses, we conduct this capital reduction. The paid-in capital after capital reduction is reduced from NT$49.628 billion to NT$25.816 billion and the capital reduction ratio is 47.98%. Shareholder equity and shareholder holding percentage after capital reduction are remained unchange. Net worth per share increased from NT$5.28 (figure on 2010/03/31) to NT$10.14. The increase of net worth per share after capital reduction will be advantageous for our business operation. Besides, credit transaction in the stock market will resume in advance and the stock liquidity will be enhanced.
2010/09/10 Jih Sun International Bank,Ltd. opened its new Xindian Branch; total branches accumulated to 41.
2010/12/15 We held presentation about new corporate identity(CI)of Jih Sun FHC and announced relocation of head office premises (10 F, No. 85, Sec. 2, Nanjing E. Road, Zhongshan District, Taipei City).
2010/12/31 The board of directors meetings of Jih Sun Financial Holding Co., Ltd. and Jih Sun International Bank,Ltd.. have appointed Mr. Yang Zhi-Guang as the Chairman of Jih Sun Financial Holding Co., Ltd. and Jih Sun International Bank,Ltd..
2011/01/17 Fitch Ratings, Taiwan has affirmed the ratings of Jih Sun Financial Holding Co., Ltd as follows:
- National Long -term rating upgraded to 'A -(twn)'
- National Short -term rating affirmed at 'F2 (twn)'
- Individual rating upgraded to 'C/D'
- Support rating affirmed at '5'
- The outlook is stable
2011/03/31 The board of directors meeting of Jih Sun International Bank,Ltd.. has appointed Mr. Huang Jin-Tang as the new Chairman of Jih Sun International Bank,Ltd..
2011/04/15  

The board of directors meeting of Jih Sun Financial Holding Co., Ltd. has appointed Mr. Huang Jin-Tang as the new Chairman of Jih Sun Financial Holding Co., Ltd.

2011/04/22 Mr. Yang Chi-Kuang came onboard as the new Chairman of Jih Sun International Property Agency Co., Ltd.
2011/05/03 Mr. Yang Chi-Kuang came on board as the new Chairman of Jih Sun Futures Co., Ltd.
2011/07/18 Jih Sun Securities Co., Ltd. opened its new Xing Fu branch office; total branch offices accumulated to 44.
2011/10/31 The board of shareholders meeting on June 24th 2011 resolved to increase capital by NT$1,932,523,200. The proposal of capital increase was approved by the competent authority on July 19th 2011. On July 29th 2011, the board of directors set September 3rd 2011 as the ex-right date. The capital increase is out of earnings. The paid-in capital after capital increase is NT$27,748,624,140. The original paid-in capital was NT$ 25,816,100,940.
2012/01/10 Fitch Ratings, Taiwan has affirmed the ratings of Jih Sun Financial Holding Co., Ltd as follows: - Domestic long-term rating was 'A -(twn)' - Domestic short-term rating was 'F2 (twn)' - The credit outlook was rated “Stable”
2012/01/18 Ms. Chiang Yen-Hsiu, Deputy General Manager of Jih Sun Securities Co. Ltd., formally serves as General Manager of Jih Sun Securities Co. Ltd. after the approval of the competent authority.
2012/02/01 Mr. Wang Chih-Fang, Deputy General Manager of Jih Sun Financial Holding Co., Ltd., formally serves as General Manager of Jih Sun Financial Holding Co., Ltd. after the approval of the competent authority.
2012/04/27 Jih Sun International Bank,Ltd. opened its new Tucheng Branch; total branches accumulated to 42.
2012/05/30 Jih Sun International Bank,Ltd. opened its new Nangang Branch; total branches accumulated to 43.
2013/01/09 On the 9th of Jan. 2013, Fitch Ratings awarded Jih Sun Financial Holding Company a domestic long term credit rating of "A-(twn)", a domestic short term credit rating of "F2(twn)" and rated its future prospect as "Stable".
2013/07/05 Jih Sun International Bank,Ltd. opened its new Luzhou Branch; total branches accumulated to 44.
2013/0719 Based on the resolution of the shareholders’ ordinary meeting of the Company on 2013/06/21, the Company planned to increase the capital of NT$1,538,884,610. This capital increment proposal has been approved by the Competent Authority on 2013/07/11. Based on the resolution of the board of directors meeting on 2013/07/19, the ex-rights base day is 2013/08/12.This capital increment is the reinvestment from earnings and the paid-in capital will increase from NT$29,452,195,620 to NT$30,991,080,230 after the capital increment.
2013/09/24 Jih Sun Securities opened its new Kinmen Branch Office; the quantity of branch offices totaled 45.
2013/12/17 The establishment of Jih Sun Investment Consulting (Shanghai) Co., Ltd. which was reinvested by Jih Sun Cresvale Securities International Ltd.
2014/05/26 Fitch Ratings, Taiwan has affirmed the ratings of Jih Sun Financial Holding Co., Ltd as follows: - Domestic long-term rating was 'A -(twn)' - Domestic short-term rating was 'F2 (twn)' - The credit outlook was rated “Stable”.
2014/06/02 JihSun Financial Holding Co., Ltd. was rated A++ in the Securities and Futures Institute's Eleventh Evaluation of Listed and OTC Listed Companies based on its Information Disclosure System. This represented that the Company was completely transparent on all material disclosures and withheld no information from investors.
2014/06/05 The establishment of JihSun Venture Capital Co., Ltd. which was reinvested by JihSun Securities Co., Ltd.
2014/07/24
Based on the resolution of the shareholders’ ordinary meeting of Jih Sun FHC on 2014/06/20, the Company planned to supplement the capital of NT$ 1,160,736,640. This capital increment proposal has been approved by the competent authority on 2014/07/11, and the base date of ex-rights was set on 2014/08/17 resolved by the board of directors meeting dated 2014/07/24. Such capital increment is supplemented by earnings, and the paid-in capital will be increased from NT$ 30,991,080,230 to NT$ 32,151,816,870 after capital increment.
2014/08/29
Hong Kong Representative Office was newly established by Jih Sun Bank.
2015/03/12

Mr. Huang Chin-Ming, Deputy General Manager of Jih Sun Securities Co. Ltd., formally serves as General Manager of Jih Sun Securities Co. Ltd. after the approval of the competent authority.

2015/04/02

Jih Sun Financial Holding Co., Ltd. was rated A++ in the Securities and Futures Institute’s Twelve Evaluation on the Information Disclosure System of TWSE- and TPEx-listed companies. This represents that the Company is completely transparent with all material disclosures and withholds no information from investors.

2015/05/22 Fitch Ratings, Taiwan has affirmed the ratings of Jih Sun Financial Holding Co., Ltd as follows: - Domestic long-term rating was 'A -(twn)' - Domestic short-term rating was 'F2 (twn)' - The credit outlook was rated “Stable”.
2015/06/12 The Company’s shareholders’ ordinary meeting adopted a resolution to increase capital by NT$1,811,211,730. The proposal of capital increment was approved by the competent authority on 2015/08/03, and the board of directors meeting on 2015/08/21 resolved to set the base date of ex-rights on 2015/09/14. Such capital increment is supplemented by earnings. After the capital increment, the paid-in capital was increased from NT$32,151,816,870 to NT$33,963,028,600.
2015/12/17 The dissolution and liquidation of JihSun Investment Consulting (Shanghai)
2016/04/08

Taiwan Stock Exchange Corp. has announced the result of the second term corporate governance evaluation and Jih Sun Financial Holding Co., Ltd. was ranked top 5 percent among the Taipei Exchange listed companies.

2016/05/18

Fitch Ratings, Taiwan has affirmed the ratings of Jih Sun Financial Holding Co., Ltd. as follows: - Domestic long-term rating was
'A -(twn)' - Domestic short-term rating was 'F2 (twn)' - The credit outlook was rated “Stable”.

2016/06/08

The Company’s shareholders’ ordinary meeting adopted a resolution to increase capital by NT$1,460,578,110. The proposal of capital increment became effective after a declaration made on 2016/08/19, and the board of directors meeting on 2016/08/26 resolved to enact the base date of ex-rights on 2016/09/12. Such capital increment is supplemented by earnings. After the capital increment, the paid-in capital was increased from NT$33,963,028,600 to NT$35,423,606,710.

2016/07/22

Fitch Ratings, Taiwan has affirmed the ratings of Jih Sun Financial Holding Co., Ltd.  as follows: - Domestic long-term rating was
'A -(twn)' - Domestic short-term rating was 'F2 (twn)' - The credit outlook was rated “Stable”.

2016/11/25 The dissolution and liquidation of Jih Sun Securities’ Jinmen branch office.
2017/04/14 Taiwan Stock Exchange Corp. has announced the result of the third term corporate governance evaluation and Jih Sun Financial was ranked top 5 percent among the Taipei Exchange listed companies.
2017/07/18 Fitch Ratings, Taiwan has affirmed the ratings of Jih Sun Financial Holding Co., Ltd. as follows: Domestic long-term rating was A -(twn), Domestic short-term rating was F2 (twn) and the credit outlook was rated “Stable”




(II)
Profilesof Major Executive
Unit
Title
Name
Date elected / appointed
Major career (academic) achievements
Current positions in The Company and other companies
Spouse or relatives of second degree or closer acting as managers
Title
Name
Relationship
Financial HoldingChairman Huang Ching Tang 2015.06.12

1.Bachelor of Law, National Taiwan University
2.Masters Degree, Sun Yat-Sen University
3.President and Vice Chairman of Ta Chong Securities Co., Ltd.
4.President and Chairman of Waterland Securities Co., Ltd.
5.President of Ta Chong Bank Ltd.

6.President of King’s Town Bank
1
Chairman of JihSun International Commercial Bank Limited
2
Director of JihSun Securities Co., Ltd.
3
Director of JihSun Venture Capital
4
Director of Yong Li International Development Co., Ltd.
None
None
None
Bank President Wang Chih-Fang 2012.03.01 Department of Finance and Economics, National Taiwan University EMBA
1
President of JihSun Bank
2
Director of JS Cresvale  Capital
3
Director of JS CRESVALE SECURITIES INTERNATIONAL LIMITED
4

Director of JihSun Investment
  Consulting

5 Director of JihSun Venture Capital
None
None
None
Securities President Huang Jin-Ming 2015.08.10 Master of Management, University of Virginia, U.S.
1
.President of JihSun Securities
2
Director of JS Cresvale Capital
3

Director of JIHSUN FINANCIAL SERVICES (CAYMAN) LIMITED

4
Director of JS CRESVALE SECURITIES INTERNATIONAL LIMITED
5

Director of JihSun International Investment Holding

6 Director of JihSun Futures
None
None
None



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