YALI Announces Revision of 'Domestic Second Unsecured Convertible Corporate Bond Issuance and Conversion Rules' Approved by Financial Supervisory Commission

1. Date of Event: June 18, 115

2. Company Name: YALI Motor Co., Ltd.

3. Relationship with Company (please enter '本公司' or 'Subsidiary'):本公司 (the Company itself)

4. Cross-shareholding Ratio: Not applicable

5. Reason for Occurrence: In accordance with the provisions of the Financial Supervisory Commission's letter No. 1140382105 dated May 5, 114, the Company revised its 'Domestic Second Unsecured Convertible Corporate Bond Issuance and Conversion Rules,' which has now been declared effective by the Financial Supervisory Commission's letter No. 1150140794 dated June 17, 115.

6. Response Measures: None

7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly issued company or above, this major information simultaneously qualifies as a matter under Article 7, Paragraph 9, Clause 9 of the Enforcement Rules of the Securities Trading Act that significantly affects shareholder rights or securities prices):

For the comparative content of the revised articles of the Company's 'Domestic Second Unsecured Convertible Corporate Bond Issuance and Conversion Rules,' please refer to the major information announcement issued by the Company on March 12, 115. The complete approved version of the 'Domestic Second Unsecured Convertible Corporate Bond Issuance and Conversion Rules' can be accessed via the 'Bond Issuance Data Inquiry' section on the Public Information Observation Station website.