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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Summary of Subsidiaries
  2)
Subsidiaries included in consolidated financial statements were as follows: 
 
 
  
 
  
 
  
Establishment
and Operating
  
Percentage of

Ownership (%)
 
  
December 31
 
Name of Investor
  
Name of Investee
  
Main Businesses
  
Location
  
2020
 
  
2021
 
 
  
 
  
 
  
 
  
 
 
  
 
 
The Company
   ASE    Engaged in the packaging and testing of semiconductors    R.O.C.      100.0        100.0  
     USI Inc. (“USIINC”)    Holding company    R.O.C.      100.0        100.0  
     SPIL    Engaged in the assembly, testing and turnkey services of integrated circuit    R.O.C.      100.0        100.0  
ASE
   A.S.E. Holding Limited    Holding company    Bermuda      100.0        100.0  
     J & R Holding Limited (“J&R Holding”)    Holding company    Bermuda      100.0        100.0  
     Innosource Limited    Holding company    British Virgin Islands      100.0        100.0  
     Omniquest Industrial Limited    Holding company    British Virgin Islands      71.0        71.0  
     ASE Marketing & Service Japan Co., Ltd.    Engaged in marketing and sales services    Japan      100.0        100.0  
     ASE Test, Inc.    Engaged in the testing of semiconductors    R.O.C.      100.0        100.0  
     Luchu Development Corporation    Engaged in the development of real estate properties    R.O.C.      67.1        67.1  
     Advanced Microelectronic Products Inc. (“AMPI”)    Engaged in the manufacturing of integrated circuit    R.O.C.      7.6        7.6  
ASE Test, Inc.
   Alto Enterprises Limited    Holding company    British Virgin Islands      100.0        100.0  
     Super Zone Holdings Limited    Holding company    Hong Kong      100.0        100.0  
     Luchu Development Corporation    Engaged in the development of real estate properties    R.O.C.      19.0        19.0  
     TLJ Intertech Inc.    Engaged in information software services    R.O.C.      60.0        60.0  
     MingFeng Information Service Corp., Ltd.    In the process of liquidation (Liquidation completed in February 2022)    R.O.C.      100.0        100.0  
     AMPI    Engaged in the manufacturing of integrated circuit    R.O.C.      43.4        43.4  
A.S.E. Holding Limited
   ASE Investment (Labuan) Inc.    Holding company    Malaysia      70.1        70.1  
     ASE Test Limited (“ASE Test”)    Holding company    Singapore      10.2        10.2  
     ASE Technology Partners, Limited    Holding company and was established in August 2021    British Cayman Islands      —          100.0  
    
Integrated Solutions Enterprise Europe
 (“ITGEU”)
   Trading company, and was acquired in October 2021 (Note 29)    Belgium      —          100.0  
J&R Holding
   ASE Test    Holding company    Singapore      89.8        89.8  
     Omniquest Industrial Limited    Holding company    British Virgin Islands      8.4        8.4  
     J&R Industrial Inc.    Engaged in leasing equipment and investing activity    R.O.C.      100.0        100.0  
     ASE Japan Co., Ltd.    Engaged in the packaging and testing of semiconductors    Japan      100.0        100.0  
     ASE (U.S.) Inc.    After-sales service and sales support    U.S.A.      100.0        100.0  
     Global Advanced Packaging Technology Limited    Holding company    British Cayman Islands      100.0        100.0  
     Anstock Limited    Liquidated in June 2021    British Cayman Islands      100.0        —    
     Anstock II Limited    Liquidated in June 2021    British Cayman Islands      100.0        —    
     Suzhou ASEN Semiconductors Co., Ltd. (“ASEN”)   
Engaged in the packaging and testing of semiconductors (organizational adjustment through exchanged shares to Global Advanced Packaging Test (Hong Kong) Limited in September 2021)
   Suzhou, China      100.0        —    
Innosource Limited
   Omniquest Industrial Limited    Holding company    British Virgin Islands      20.6        20.6  
     ASE (Shanghai) Inc.    Engaged in the production of substrates    Shanghai, China      8.5        8.5  
Omniquest Industrial Limited
   ASE Corporation    Holding company    British Cayman Islands      100.0        100.0  
Alto Enterprises Limited
   ASE (Kunshan) Inc.    Engaged in the packaging and testing of semiconductors    Kun Shan, China      22.9        (Note 2
     ASE Investment (Kun Shan) Limited    Holding company    Kun Shan, China      85.9        85.9  
Super Zone Holdings Limited
   Advanced Semiconductor Engineering (China) Ltd.    Engaged in the packaging and testing of semiconductors, after-sale services, advisory and lease of factory    Shanghai, China      100.0        100.0  
ASE Investment (Labuan) Inc.
   ASE (Korea) Inc. (“ASE Korea”)    Engaged in the packaging and testing of semiconductors    Korea      100.0        100.0  
ASE Technology Partners, Limited
   ASE Technology Acquisition Corporation    Holding company and was established in August 2021    British Cayman Islands      —          100.0  
ASE Korea
   ASE (Weihai) Inc.    Engaged in the packaging and testing of semiconductors (disposed to J&R Holding and organizational adjustment through exchanged shares from J&R Holding to GAPT (Hong Kong) Limited in October 2021)    Shandong, China      100.0        —    
ASE Test
   ASE Test Holdings, Ltd.    Holding company    British Cayman Islands      100.0        100.0  
     ASE Holdings (Singapore) Pte Ltd    Holding company    Singapore      100.0        100.0  
     ASE Investment (Labuan) Inc.    Holding company    Malaysia      29.9        29.9  
     ASE Singapore Pte. Ltd.    Engaged in the packaging and testing of semiconductors    Singapore      100.0        100.0  
ASE Test Holdings, Ltd.
   ISE Labs, Inc.    Engaged in the testing of semiconductors    U.S.A.      100.0        100.0  
 
 
  
 
  
 
  
Establishment
and Operating
  
Percentage of

Ownership (%)
 
  
December 31
 
Name of Investor
  
Name of Investee
  
Main Businesses
  
Location
  
2020
 
  
2021
 
 
  
 
  
 
  
 
  
 
 
  
 
 
ISE Labs, Inc.
  
ISE Services, Inc.
  
Engaged in wafer procurement and customer product management services
   U.S.A.      100.0        100.0  
ASE Holdings (Singapore) Pte Ltd
  
ASE Electronics (M) Sdn. Bhd.
  
Engaged in the packaging and testing of semiconductors
   Malaysia      100.0        100.0  
Global Advanced Packaging Technology Limited
  
ASE Assembly & Test (Shanghai) Limited
  
Engaged in the packaging and testing of semiconductors and leasing of properties
   Shanghai, China      100.0        100.0  
    
ASE Advanced Semiconductor (Shanghai) Limited
  
Engaged in the packaging and testing of semiconductors (disposed to ASEN in November 2021)
   Shanghai, China      100.0         
    
GAPT Holding Limited
  
Holding company and was established in August 2021
   British Virgin Islands      —          (Note 2
GAPT Holding Limited
  
Global Advanced Packaging Test (Hongkong) Limited
  
Engaged in the trading of substrates and was established in August 2021
   Hong Kong      —          (Note 2
Global Advanced Packaging Test (Hongkong) Limited
  
Suzhou ASEN Semiconductors Co., Ltd. (“ASEN”)
  
Engaged in the packaging and testing of semiconductors (acquired from J&R Holding in September 2021
through share exchange under restructure
)
   Suzhou, China      —          (Note 2
 
 
ASE (Weihai) Inc.

 
Engaged in the packaging and testing of semiconductors (acquired from J&R Holding in October 2021 through share exchange under restructure
)
 
Shandong, China
 
 
 
 
 
(Note 2

)
 
ASEN
  
ASE Advanced Semiconductor (Shanghai) Limited
  
Engaged in the packaging and testing of semiconductors (acquired from Global Advanced Packaging Technology Limited in November 2021)
   Shanghai, China      —          (Note 2
ASE Assembly & Test (Shanghai) Limited
  
ASE Investment (Kun Shan) Limited
  
Holding company
   Kun Shan, China      14.1        14.1  
    
Wuxi Tongzhi Microelectronics Co., Ltd.
  
Engaged in the packaging and testing of semiconductors
   Wuxi, China      100.0        100.0  
    
ISE Labs, China, Ltd.
  
Engaged in the testing of semiconductor
   Shanghai, China      100.0        100.0  
    
Shanghai Ding Hui Real Estate Development Co., Ltd. (“DH”)
  
Engaged in the development, construction and sale of real estate properties
   Shanghai, China      60.0        60.0  
DH
  
Shanghai Ding Qi Property Management Co., Ltd.
  
Engaged in the management of real estate properties
   Shanghai, China      100.0        100.0  
    
Shanghai Ding Wei Real Estate Development Co., Ltd. (“DW”)
  
Engaged in the development, construction and leasing of real estate properties
   Shanghai, China      100.0        100.0  
    
Shanghai Ding Yu Real Estate Development Co., Ltd.
  
Engaged in the development, construction and leasing of real estate properties
   Shanghai, China      100.0        100.0  
    
Kun Shan Ding Hong Real Estate Development Co., Ltd
  
Engaged in the development, construction and leasing of real estate properties
   Kun Shan, China      100.0        100.0  
    
Shanghai Ding Xu Property Management Co., Ltd.
  
Engaged in the management of real estate properties
   Shanghai, China      100.0        100.0  
    
Shanghai Dingyao Estate Development Co., Ltd.
  
Engaged in the management of real estate properties
   Shanghai, China      100.0        100.0  
    
Shanghai Ding Fan Business Management Co., Ltd.
  
Engaged in the management of real estate properties (acquired from DW in November 2020)
   Shanghai, China      100.0        100.0  
ASE Investment (Kun Shan) Limited
  
ASE (Kun
s
han) Inc.
  
Engaged in the packaging and testing of semiconductors
   Kun Shan, China      49.3        (Note 2
ASE Corporation
  
ASE Mauritius Inc.
  
Holding company
   Mauritius      100.0        100.0  
    
ASE Labuan Inc.
  
Holding company
   Malaysia      100.0        100.0  
ASE Mauritius Inc.
  
ASE (Kunshan) Inc.
  
Engaged in the packaging and testing of semiconductors
   Kun Shan, China      27.8        (Note 2
    
ASE (Shanghai) Inc.
  
Engaged in the production of substrates
   Shanghai, China      91.5        91.5  
ASE Labuan Inc.
  
ASE Electronics Inc.
  
Engaged in the production of substrates
   R.O.C.      100.0        100.0  
ASE (Shanghai) Inc.
  
Advanced Semiconductor Engineering (HK) Limited
  
Engaged in the trading of substrates
   Hong Kong      100.0        100.0  
    
Shanghai Ding Hui Real Estate Development Co., Ltd.
  
Engaged in the development, construction and sale of real estate properties
   Shanghai, China      40.0        40.0  
    
Universal Scientific Industrial (Shanghai) Co., Ltd. (“USISH”)
  
Engaged in the designing, manufacturing and sales of electronic components
   Shanghai, China      0.8        0.8  
USIINC
  
Huntington Holdings International Co., Ltd.
  
Holding company
   British Virgin Islands      100.0        100.0  
Huntington Holdings International Co., Ltd.
  
Unitech Holdings International Co., Ltd.
  
Holding company
   British Virgin Islands      100.0        100.0  
    
Real Tech Holdings Limited
  
Holding company
   British Virgin Islands      100.0        100.0  
    
Universal ABIT Holding Co., Ltd.
  
In the process of liquidation
   British Cayman Islands      100.0        100.0  
Real Tech Holdings Limited
  
USI Enterprise Limited (“USIE”)
  
Engaged in the service of investment advisory and warehousing management
   Hong Kong      95.9        100.0  
USIE
  
USISH
  
Engaged in the designing, manufacturing and sales of electronic components
   Shanghai, China      76.6        77.1  
USISH
  
Universal Global Technology Co., Limited
  
Holding company
   Hong Kong      100.0        100.0  
 
 
  
 
  
 
  
Establishment
and Operating
  
Percentage of

Ownership (%)
 
  
December 31
 
Name of Investor
  
Name of Investee
  
Main Businesses
  
Location
  
2020
 
 
2021
 
 
  
 
  
 
  
 
  
 
 
 
 
 
    
Universal Global Technology (Kunshan) Co., Ltd. (“UGKS”)
  
Engaged in the designing and manufacturing of electronic components
   Kun Shan, China      100.0       100.0  
    
Universal Global Technology (Shanghai) Co., Ltd.
  
Engaged in the processing and sales of computer and communication peripherals as well as business in import and export of goods and technology
   Shanghai, China      100.0       100.0  
    
Universal Global Electronics (Shanghai) Co., Ltd.
  
Engaged in the sales of electronic components and telecommunications equipment
   Shanghai, China      100.0       100.0  
    
USI Electronics (Shenzhen) Co., Ltd.
  
Engaged in the design, manufacturing and sales of motherboards and computer peripherals
   Shenzhen, China      50.0       50.0  
    
Universal Global Technology (Huizhou) Co., Ltd.
  
Engaged in the research and manufacturing of new electronic applications, communications, computers and other electronics products and also provided auxiliary technical services as well as import and export services
   Huizhou, China      100.0       100.0  
    
FINANCIERE AFG (“FAFG”)
  
Holding company
   France      10.4       10.4  
Universal Global Technology Co., Limited
  
Universal Global Industrial Co., Limited
  
Engaged in manufacturing, trading and investing activity
   Hong Kong      100.0       100.0  
    
Universal Global Scientific Industrial Co., Ltd. (“UGTW”)
   Engaged in the manufacturing of components of telecommunication and cars and provision of related R&D services    R.O.C.      100.0       100.0  
    
USI America Inc.
  
Engaged in the manufacturing and processing of motherboards and wireless network communication and provision of related technical service
   U.S.A.      100.0       100.0  
    
Universal Scientific Industrial De Mexico S.A. De C.V.
  
Engaged in the assembling of motherboards and computer components
   Mexico      100.0       100.0  
    
USI Japan Co., Ltd.
  
Engaged in the manufacturing and sales of computer peripherals, integrated chip and other related accessories
   Japan      100.0       100.0  
    
USI Electronics (Shenzhen) Co., Ltd.
  
Engaged in the design, manufacturing and sales of motherboards and computer peripherals
   Shenzhen, China      50.0       50.0  
    
Universal Global Electronics Co., Ltd.
  
Engaged in accepting and outsourcing orders as well as sales of electronic components and service of technical advisory
   Hong Kong      100.0       100.0  
    
Universal Scientific Industrial (France) (“USIFR”)
  
Engaged in investing activities
   France      100.0       100.0  
    
UNIVERSAL
 
SCIENTIFIC
 INDUSTRIA
L

(VIE
TNAM
)
 CO
.,
 
LTD.

  
Engaged in IC assembly for wearable devices and was established in July 2020.
   Vietnam      100.0       100.0  
Universal Global Industrial Co., Limited
  
Universal Scientific Industrial De Mexico S.A. De C.V.
  
Engaged in the assembling of motherboards and computer components
   Mexico      (Note 1     (Note 1
UGTW
  
Universal Scientific Industrial Co., Ltd. (“USI”)
  
Engaged in the manufacturing, processing and sales of computers, computer peripherals and related accessories
   R.O.C.      100.0       100.0  
Universal Global Electronics Co., Ltd.
  
Universal Scientific Industrial Poland Sp. z o.o. (“USIPL”)
  
Engaged in the design and manufacturing of electronic components and new electronic applications.
   Poland      100.0       100.0  
Universal Global Electronics (Shanghai) Co., Ltd.
  
USI Science and Technology (Shenzhen) Co., Ltd.
  
Engaged in the design of electronic components, service of technical advisory; wholesale of electronic components and communication peripherals as well as business in import and export of goods and management of properties. Established in November 2020.
   Shenzhen, China      100.0       100.0  
USIFR

  
FAFG
  
Holding company
   France      89.6       89.6  
    
ASTEELFLASH GROUP
  
Holding company (disposed to FAFG in October 2021)
   France      (Note 1     —    
 
  
 
  
 
  
Establishment
and Operating
  
Percentage of

Ownership (%)
 
  
December 31
 
Name of Investor
  
Name of Investee
  
Main Businesses
  
Location
  
2020
 
 
2021
 
 
  
 
  
 
  
 
  
 
 
 
 
 
FAFG
  
ASTEELFLASH GROUP
  
Holding company (acquired 1 share from Universal Scientific Industrial (France) in October 2021)
   France      100.0       100.0  
    
MANUFACTURING POWER TUNISIA
  
Engaged in the design and manufacturing of electronic components
   Tunisia      0.1       0.1  
    
ASTEELFLASH MEXICO S.A. de C.V.
  
Engaged in the design and manufacturing of electronic components
   Mexico      0.1       0.1  
ASTEELFLASH GROUP
  
ASTEELFLASH (BEDFORD) LIMITED
  
Engaged in the design and manufacturing of electronic components
   United Kingdom      100.0       100.0  
    
ASTEELFLASH FRANCE
  
Engaged in the design and manufacturing of electronic components
   France      99.9       99.9  
    
ASTEELFLASH TUNISIE S.A.
  
Engaged in the design and manufacturing of electronic components
   Tunisia      100.0       100.0  
    
ASTEELFLASH HONG KONG LIMITED
  
Holding company
   Hong Kong      100.0       100.0  
    
ASTEELFLASH MEXICO S.A. de C.V.
  
Engaged in the design and manufacturing of electronic components
   Mexico      99.9       99.9  
    
ASTEELFLASH GERMANY GmbH
  
Engaged in the design and manufacturing of electronic components
   Germany      100.0       100.0  
    
MANUFACTURING POWER TUNISIA
  
Engaged in the design and manufacturing of electronic components
   Tunisia      99.9       99.9  
    
ASTEELFLASH US HOLDING CORP.
  
Holding company
   U.S.A.      100.0       100.0  
    
ASTEEL ELECTRONIQUE FOUCHANA
  
Engaged in the design and manufacturing of electronic components (disposed to
ASTEELFLASH TUNISIE S.A. in June 2021)
   Tunisia      (Note 1      
    
AFERH TUNISIE
  
Engaged in the management, training and consulting of human resources
   Tunisia      0.5       0.5  
    
ASTEEL ELECTRONICS MANUFACTURING SERVICES
  
Engaged in the design and manufacturing of electronic components
   Tunisia      0.1       0.1  
    
ASTEELFLASH PLZEN S.R.O.
  
Engaged in the design and manufacturing of electronic components (acquired from ASTEELFLASH GERMANY GmbH in April 2021)
   Czech Republic      —         100.0  
ASTEELFLASH (BEDFORD) LIMITED
  
ASTEELFLASH TUNISIE S.A.
  
Engaged in the design and manufacturing of electronic components
   Tunisia      (Note 1     (Note 1
ASTEELFLASH TECHNOLOGIE
  
ASTEELFLASH FRANCE
  
Engaged in the design and manufacturing of electronic components
   France      (Note 1     (Note 1
ASTEELFLASH FRANCE
  
SCI CHASSET
  
Engaged in the management and operation of real estate properties and holding the ownership of real estate properties (Liquidated in July 2021)
   France      100.0       —    
    
AFERH
  
Engaged in the management, training and consulting of human resources (Liquidated in July 2021)
   France      100.0       —    
    
ASTEEL ELECTRONICS MANUFACTURING SERVICES
  
Engaged in the design and manufacturing of electronic components
   Tunisia      99.9       99.9  
    
ASTEEL ELECTRONIQUE FOUCHANA
  
Engaged in the design and manufacturing of electronic components (disposed to
ASTEELFLASH TUNISIE S.A. in June 2021)
   Tunisia      94.2       —    
    
ASTEELFLASH TECHNOLOGIE
  
Engaged in projection of plastic and the design and manufacturing of industrial components
   France      100.0       100.0  
    
ASTEELFLASH BRETAGNE
  
Engaged in the design and manufacturing of electronic components
   France      100.0       100.0  
    
ASTEELFLASH TUNISIE S.A.
  
Engaged in the design and manufacturing of electronic components
   Tunisia      (Note 1     (Note 1
ASTEELFLASH TUNISIE S.A.
  
ASTEEL ELECTRONIQUE TUNISIE
  
Engaged in the design and manufacturing of electronic components (merged by ASTEELFLASH TUNISIE S.A.in December 2021)
   Tunisia      100.0       —    
    
ASTEEL ELECTRONIQUE FOUCHANA
  
Engaged in the design and manufacturing of electronic components (acquired from
ASTEELFLASH GROUP, ASTEELFLASH FRANCE, Asteelflash Suzhou Co., Ltd. and ASTEELFLASH USA CORP.in June 2021 and merged by ASTEELFLASH TUNISIE S.A. in December 2021)
   Tunisia      (Note 1     —    
AFERH
  
AFERH TUNISIE
  
Engaged in the management, training and consulting of organization and human resources
   Tunisia      99.5       99.5  
ASTEELFLASH HONG KONG LIMITED
  
Asteelflash
 
S
uzh
ou
 
Co., Ltd
.

  
Engaged in the design and manufacturing of electronic components
   Suzhou, China      100.0       100.0  
Asteelflash Suzhou Co., Ltd.
  
A
STE
EL ELECT
R
ONIQUE
 FO
UCHANA

  
Engaged in the design and manufacturing of electronic components (disposed to
ASTEELFLASH TUNISIE S.A. in June 2021)
   Tunisia      (Note 1     —    
    
ASTEELFLASH TUNISIE S.A.
  
Engaged in the design and manufacturing of electronic components
   Tunisia      (Note 1     (Note 1
ASTEELFLASH GERMANY GmbH
  
ASTEELFLASH HERSFELD GmbH
  
Engaged in the design and manufacturing of electronic components
   Germany      100.0       100.0  
    
ASTEELFLASH EBERBACH GmbH
  
Engaged in the design and manufacturing of electronic components
   Germany      100.0       100.0  
 
 
  
 
  
 
  
Establishment
and Operating
  
Percentage of

Ownership (%)
 
  
December 31
 
Name of Investor
  
Name of Investee
  
Main Businesses
  
Location
  
2020
 
 
2021
 
 
  
 
  
 
  
 
  
 
 
 
 
 
    
ASTEELFLASH BONN GmbH
  
Engaged in the design and manufacturing of electronic components
   Germany      100.0       100.0  
    
ASTEELFLASH SCHWANDORF GmbH
  
Engaged in the design and manufacturing of electronic components
   Germany      100.0       100.0  
    
ASTEELFLASH PLZEN S.R.O.
  
Engaged in the design and manufacturing of electronic components (disposed to ASTEELFLASH GROUP in April 2021)
  
Czech Republic
     100.0       —    
    
ASTEELFLASH DESIGN SOLUTIONS HAMBOURG GmbH
  
Engaged in the design and manufacturing of electronic components
   Germany      100.0       100.0  
    
EN ELECTRONICNETWORK SRL
  
Engaged in the design and manufacturing of electronic components
   Romania      100.0       100.0  
    
ASTEELFLASH TUNISIE S.A.
  
Engaged in the design and manufacturing of electronic components
  
Tunisia
     (Note 1)       (Note 1
ASTEELFLASH MEXICO S.A. de C.V.
  
ASTEELFLASH TUNISIE S.A.
  
Engaged in the design and manufacturing of electronic components
  
Tunisia
     (Note 1)       (Note 1
ASTEELFLASH US HOLDING CORP.
  
ASTEELFLASH USA CORP.
  
Engaged in the design and manufacturing of electronic components
  
U.S.A.
     100.0       100.0  
ASTEELFLASH USA CORP.
  
ASTEEL ELECTRONIQUE FOUCHANA
  
Engaged in the design and manufacturing of electronic components (disposed to ASTEELFLASH TUNISIE S.A. in June 2021)
  
Tunisia
     (Note 1)       —    
    
ASTEELFLASH TUNISIE S.A.
  
Engaged in the design and manufacturing of electronic components
  
Tunisia
     (Note 1)       (Note 1
SPIL
  
SPIL (B.V.I.) Holding Limited
  
Engaged in investing activities
  
British Virgin Islands
     100.0       100.0  
    
Siliconware Investment Co., Ltd.
   Engaged in investing activities   
R.O.C.
     100.0       100.0  
SPIL (B.V.I.) Holding Limited
  
Siliconware USA, Inc.
  
Engaged in marketing activities
  
U.S.A.
     100.0       100.0  
    
SPIL (Cayman) Holding Limited
  
Engaged in investing activities
  
British Cayman Islands
     100.0       100.0  
SPIL (Cayman) Holding Limited
  
Siliconware Technology (Suzhou) Limited (“SZ”)
   Engaged in the packaging and testing of semiconductors    Suzhou, China      100.0       100.0  
  Note
1: The number of shares held was 1 share or 3 shares and the percentage of ownership was less than 0.1%.
 
 
Note
2: In December 2021, the Company’s board of directors resolved to dispose its 100% shareholdings in those subsidiaries, which were settled in December 2021 and resulted in losing its control over those subsidiaries. Refer to Note 30 DISPOSAL OF SUBSIDIARIES for related disclosure.