Wah Lee Industrial announced November unaudited consolidated sales of NT$3,562M, a YoY increase of 16%

Dec. 9, 2015 Wah Lee Industrial Corp. (3010.TT) announced its November 2015 unaudited
consolidated sales of NT$3,562M, an increase of 16.4% compared to the same period last year.
Cumulative Jan.-Nov. consolidated sales reached NT$36.37B, a minor YoY decline of 0.2%.

YTD 2015 November consolidated sales were almost flat compared to same period last year
mainly because of the sales trends of different industries: Computer/Communication industry
sales remained flat as last year because of the lack of significant technological advancement in
2015. Semiconductor industry was adversely affected by the economic slowdown in China,
resulting in the soft demand of smart phones, and the lukewarm demand in the global PC market.
For the Flat Panel Display industry, the increasing supply from the Chinese panel makers had
depressed the overall pricing levels for the industry. Therefore, Wah Lee’s FPD sales declined
as compared to last year. Green Energy industry benefitted from the strong demand of solar
industry in China. The installed solar modules for the first three quarters in China had more
than doubled that of last year. Wah Lee’s YTD Green Energy sales showed double-digit
growth.