Major resolutions of Board of Directors’ meeting:
1.To draw up endorsement and guarantee for subsidiaries.
2.To apply for rising in capital limit and contract renewal with corresponding banks to meet the company’s needs.
3.To provide the Letter of Comfort to subsidiaries (Taiflex Scientific (Kunshan) Co., Ltd. and  Koatech Technology Corporation)
4.To set a base date for financing for exercising employee stock options in 2017Q1.