Per a ruling issued on May 31, 2013, FSC allows a Mainland China employee who obtains shares in publicly-traded companies pursuant to “Regulations Governing Securities Investment and Futures Trading in Taiwan by Mainland Area Investors” (“Regulation”) to sell or otherwise dispose of the shares acquired by reason that the company issuing the shares is a participant of public tender offer or of merger/acquisition with other companies pursuant to the Regulation, provided, however, that the shares issued by a publicly-traded company which does not belong to the industries that cannot be invested by persons or companies in the Mainland China.