Clarification of the 03/03/2017 report of the Commercial Times
2017/03/03

1. Date of event occurrence: 03/03/2017

2. Name of company: Nishoku Technology Inc.

3. Relationship with the company (enter this company or subsidiary): This company

4. Ratio of mutual stakes: N/A

5. Media name: Page B5, the Commercial Times

6. Story content: Nishoku becomes a new Tesla concept stock

7. Reasons for occurrence: The projected revenue and gain covered in the story are merely the speculation of the media and entities.

This Company clarifies that no related financial forecast or information regarding operations has been announced.

This Company will disclose financial and business information according to the regulations for material information disclosure. Please be noted.

8. Countermeasures: No.

9. Other information to disclose: No.