Zhi Shen Technology Announces Board Election of Chairman for Subsidiary Hsu Shen International Technology Corp.

1. Date of board resolution or change: 115/07/01 2. Position (Chairman or General Manager): Chairman 3. Former incumbent's name: Lin Cheng-Sheng 4. Former incumbent's resume: Chairman of Hsu Shen International Technology Corp. 5. New appointee's name: Lin Cheng-Sheng 6. New appointee's resume: Chairman of Hsu Shen International Technology Corp. 7. Nature of change (resignation, removal, end of term, job adjustment, severance, retirement, death, or new appointment): End of term 8. Reason for change: Re-election by board upon term expiration 9. Effective date of new appointment: 115/07/01 10. Other matters to be disclosed: None Keyword: Material Information