Hengda Announces Board of Directors Election (Including Independent Directors) at 115th Annual General Meeting

1. Date of Change: 115/06/26

2. Category of Appointed or Changed Personnel (Please specify: corporate director, corporate supervisor, independent director, individual director, or individual supervisor): Corporate Director, Independent Director

3. Previous Position and Name: Director - Representative of Hengda Investment Co., Ltd.: Huang Mei-Hui Director - Representative of Hengda Investment Co., Ltd.: Lin Hua Director - Representative of Hengda Investment Co., Ltd.: Gao Qing-Hai Independent Director - Zhang Jin-Lian Independent Director - Wu Zheng-Ming Independent Director - Zang Ming-Lun Independent Director - Lu Hui-Huang

4. Previous Personnel Resumes: Director - Huang Mei-Hui: Chairman and General Manager of Hengda Co., Ltd. Director - Lin Hua: Supervisor of Hengda Investment Co., Ltd. Director - Gao Qing-Hai: Deputy General Manager of Hengda Co., Ltd. Independent Director - Zhang Jin-Lian: Member of Compensation Committee and Audit Committee of Hengda Co., Ltd. Independent Director - Wu Zheng-Ming: Member of Compensation Committee and Audit Committee of Hengda Co., Ltd. Independent Director - Zang Ming-Lun: Member of Compensation Committee and Audit Committee of Hengda Co., Ltd. Independent Director - Lu Hui-Huang: Owner of Huihuang Apparel Department Store; Member of Audit Committee of Hengda Co., Ltd.

5. New Appointees' Positions and Names: Director - Representative of Hengda Investment Co., Ltd.: Huang Mei-Hui Director - Representative of Hengda Investment Co., Ltd.: Lin Hua Director - Representative of Hengda Investment Co., Ltd.: Gao Qing-Hai Independent Director - Zhang Jin-Lian Independent Director - Wu Zheng-Ming Independent Director - Zang Ming-Lun Independent Director - Lu Hui-Huang

6. New Appointees' Resumes: Director - Huang Mei-Hui: Chairman and General Manager of Hengda Co., Ltd. Director - Lin Hua: Supervisor of Hengda Investment Co., Ltd. Director - Gao Qing-Hai: Deputy General Manager of Hengda Co., Ltd. Independent Director - Zhang Jin-Lian: Member of Compensation Committee and Audit Committee of Hengda Co., Ltd. Independent Director - Wu Zheng-Ming: Member of Compensation Committee and Audit Committee of Hengda Co., Ltd. Independent Director - Zang Ming-Lun: Member of Compensation Committee and Audit Committee of Hengda Co., Ltd. Independent Director - Lu Hui-Huang: Owner of Huihuang Apparel Department Store; Member of Audit Committee of Hengda Co., Ltd.

7. Nature of Change (Please enter 'resignation', 'dismissal', 'term expiration', 'deceased', or 'new appointment'): Term expiration

8. Reason for Change: Full re-election due to term expiration

9. Number of Shares Held by New Appointees at Time of Election: Hengda Investment Co., Ltd.: 24,679,800 shares Zhang Jin-Lian: 0 shares Wu Zheng-Ming: 4 shares Zang Ming-Lun: 0 shares Lu Hui-Huang: 0 shares

10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): 112/06/27 ~ 115/06/26

11. Effective Date of New Appointment: 115/06/26

12. Director Turnover Rate During Same Term: Not applicable

13. Independent Director Turnover Rate During Same Term: Not applicable

14. Supervisor Turnover Rate During Same Term: Not applicable

15. Is the change involving one-third or more of the directors? (Please enter yes or no): No

16. Other Matters to be Clarified (If the subject of the event or resolution is a publicly issued company or above, this significant information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices): None.