Wowprime Corporation

Introduction

Company:Wowprime

Stock Code：2727

I. Introduction

1.Overview

Taiwan

China WowFresh

Wowprime WPT CHEERPIN

Opening Date

(First Store) 1993.11 2015.12 2017.02 2003.7 2018.10

Capital(NTD Thousands) 769,879 200,000 300,000

715,088

(RMB150,670,000)60,000

Brands

Numbers15 1 4 10 1

Total Stores 191 7 78 138 -

Until:2019/10/31

2.Investment StructureUntil: 2019.10.31

Wowprime

Corporation

Wowprime USA

Holding Ltd.

(SAMOA)

HOPPIME LTD.

(CAYMAN)

WJ Investments

Limited (HK)

Wowprime (China)

Co., Ltd

Wowprime (Beijing)

Co., Ltd.

100%

100%100%

WOWPRIME LTD.

(SAMOA)

TAI PIN HOLDING LTD.

(SESEL)

WPT RESTAURANT

CORPORATION

100%

100%

62.66%

22.5%

22.5%

(Equity

Method)

(Equity Method)

CHEERPIN

RESTAURANT

CORPORATION

100%

上海群則億企業管理有限公司

100%

WOWFRESH

CORPORATION

100% 100%

3.Taiwan Business

(1)Number of Stores by Brands-WowprimeUntil 2019.10.31 / Total Stores: 276

Brand Wangsteak Tasty Tokyia Yakiyan Giguo

Cuisine TypeWestern-Style

Cuisine

Western-Style

Cuisine

Japanese Creative

CuisineJapanese BBQ Hokkaido Kelp Pot

Stores 12 38 33 19 22

Brand ikki Chamonix Pinnada Su/food hot 7

Cuisine TypeNew Style

Japanese Cuisine

French

Teppanyaki

Japanese

Pork Chops &

Curry

Vegetarian Food New Teppanyaki

Stores 13 12 15 2 13

Brand Mu VietCHIN

HUAJIAOXIANG DUCK Veggtable THE WANG

Cuisine TypeVietnamese

CuisineSpicy Hotpot Grilled Duck

Taiwan Traditional

CuisineWestern-Style Cuisine

Stores 5 3 2 1 1

Company WPT CHEERPIN

BrandPutien

(Franchise)12hotpot Boss Pepper Phofun 12MINI

Cuisine TypeSingapore

FoodShabu Shabu & Stone Pot

Sichuan

Cuisine-Hot

& Spicy

Vietnamese

Noodle Soup

& Cuisine

Personal Mini

Hotpot

Store Count 7 62 1 1 14

(2)Number of Stores by Brands-WPT & CHEERPIN

Until 2019.10.31/Total Stores:276

Tasty 1

Giguo 1

Pinnada 1

Total: 3

Tasty 1

Yakiyan 1

Giguo 1

12hotpot 1

Total: 4

Wang Steak 8

Tasty 18

Tokiya 18

Yakiyan 12

Giguo 11

ikki 8

Chamonix 6

Pinnada 3

12hotpot 29

Su/food 2

hot 7 8

Putien 5

Boss Pepper 1

Mu Viet 4

Chinhuajiao 2

Xiang Duck 2

Veggtable 1

Pho Fun 1

12MINI 10

Total: 149

Wang Steak 1

Tasty 8

Tokiya 8

Yakiyan 3

Giguo 2

ikki 2

Chamonix 2

Pinnada 6

12hotpot 17

hot 7 3

Putien 1

Mu Viet 1

Chinhuajiao 1

12MINI 3

The Wang 1

Total: 59

Wang Steak 3

Tasty 9

Tokiya 6

Yakiyan 3

Giguo 6

ikki 3

Chamonix 4

Pinnada 4

12hotpot 14

hot 7 2

Putien 1

12MINI 1

Total: 56

Tasty 1

Tokiya 1

Giguo 1

Pinnada 1

12hotpot 1

Total: 5

Until: 2019.10.31

Total Stores：276

(2)Store Map in Taiwan

WorthyHigh Level Consumption Group

Well WorthMedium Level Consumption Group

Super ValueGeneral Level Consumption Group

(3)Brand Position by Price

4.China Business

BrandWang

SteakTasty Hanakakure

Madam

Goose

Wu

Yu

Just

ChuanWu Ni 海狸家

THE

WANGQue Yue

Total

Cuisine

Type

Western

Style

Cuisine

Western

Style

Cuisine

Japanese

Kaiseki

Cuisine

Hong Kong

Style

Cuisine

Japanese

Grilled

Seafood

Cuisine

Sichuan

Cuisine

Fresh

Japanese

Cuisine

Japanese

Cuisine

Western Style

Cuisine

Cantonese

Cuisine

Store

Number 61 40 3 21 5 1 2 3 1 1 138

(1)Number of Stores by Brands-Wowprime,China

North Stores

Beijing 15

Jinan 4

Hefei 2

Tianjin 2

Qingdao 1

Dalian 1

Luoyang 1

Zhengzhou 1

Total 27

South Stores

Shenzhen 6Guangzhou 7Kunming 1Fuzhou 2Xiamen 2

Dongguan 1Foshan 1Zhuhai 1

Total 21

East Stores

Shanghai 38Nanjing 4Suzhou 7

Hangzhou 6Ningbo 3

Quanzhou 1Wenzhou 2

Changzhou 2

Wuxi 4

Shaoxing 2

Jinhua 1Yuyao 1

Total 71

(2)Store Map in China Until:2019.10.31(Total：138)

West Stores

Chongqing 2

Chengdu 2

Wuhan 7

Changsha 4

Xian 4

Total 19

II.Performance

(1)Store Numbers

(2)Sales Data

Q1 Q2 Q3 Q4

2016 4,205,008 3,951,443 4,171,914 3,747,565

2017 4,097,600 3,785,917 4,072,254 3,834,262

2018 4,075,998 4,018,828 4,177,900 3,910,556

2019 4,187,459 3,978,348 4,182,827 -

3,000

3,250

3,500

3,750

4,000

4,250

4,500

Wowprime (Taiwan & China)

2016 2017 2018 2019

2,000

2,200

2,400

2,600

Q1 Q2 Q3 Q4

Wowprime (Taiwan)

2016 2017 2018 2019

1,400

1,600

1,800

2,000

Q1 Q2 Q3 Q4

Wowprime (China)

2016 2017 2018 2019

(3)EPS PerformanceUnit: NTD

9.14

0.45

4.2

6.01

4.52

4.04

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

2014 2015 2016 2017 2018 2019Q1-Q3

Multi-Brand Development

Vertical Integration

• Technique

• Purchasing

• Marketing

Horizon Integration

• Pricing

• Consumer Habits

• Diversity

Price

Brand

Development Strategy

-Taiwan

Multi-Brand Development

Price

Brand

Development Strategy

-China

Horizon Integration

• Pricing

• Consumer Habits

• Diversity

Vertical Integration

• Technique

• Purchasing

• Marketing