1.The judgment of the first instance shall be modified as follows:

The Defendant’s decision on September 21, 201 to grant subsidies to the Plaintiff.

1. Details of the disposition;

A. On June 20, 2014, the Defendant publicly announced the “B Project Promotion Plan” (hereinafter “instant project”).

The main contents of the instant project are as follows.

The name of business division: C: 36 months from the date of commencement - the first year: the creation of facilities and the commencement of test style - the second or third year: the budget required for test style and management : 2 billion won (50% of the national expenses): the major contents: the creation of a festival cultivation farm (1 billion won: the national expenses) and the test style and management (1 billion won: the national expenses) - the method of implementation subject to prior consultation among the candidate land as a result of a lot of investigation in 2013: the results of the creation and test style management: the model technology of the aquaculture and test style: the government-invested research institute, the university or the non-profit specialized research institute established under Article 32 of the Civil Act; the test style is capable of self-responsibility; the participation of at least one fishery partnership corporation or at least five fishermen.

B. On July 10, 2014, the Plaintiff filed a business application with the Defendant, and submitted a business plan with D fishery partnership corporations (hereinafter “foreign corporation”) and E fishery partnership corporations as participants (hereinafter “instant business plan”).

The main contents of the instant project plan are as follows.

Business Plan

Ⅲ. Business Plan Ⅲ-3

1. Annual project budget (unit: 1,000,000 1,755,000 142,500 102,500 102,500 for the second year of the second year, detailed details of the classification of the annual project budget (unit: 1,000 won); and

1. 1,000,000 1,000,000 - - The cost of the aquaculture

2. Expenses for the purchase, operation, and management of seeds and seedlings, for the purchase of seeds and seedlings, 500,000 50,000 50,000 80,000 80,000 80,000 80,000,000 150,000 125,500 12,500 12,500 110,000,000 50,000 50,000

2. Business budget by item (unit: 2,000,000 1,000,000 1,000,000,000 for national expenses in detail classified by item;

1. Facility expenses 1,000,000 1,000,000 for the aquaculture facility expenses; and

2. Expenses for the purchase of seeds and seedlings for the production and operation management, and personnel expenses of 500,000,000; and