Lesson 1

Determining independent credit ratings by a third party to provide reliable information and risk assessments to shareholders, partners, customers, and investors is extremely necessary. Therefore, recently, TTC and its member companies have proactively rated their own businesses' credit ratings to increase transparency and objectivity in quality and operational efficiency. The high credit rating results by the independent evaluation unit partly reflect the strong financial health and high reputation of the units in the Group's ecosystem. This helps TTC make well-founded strategic decisions and present a transparent picture to shareholders, partners, customers, and investors.