Songchuan Precision Announces Shareholders' Meeting Approval to Lift Directors' Non-Competition Restrictions

1. Shareholders' Meeting Resolution Date: June 17, 115

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Director: You Yonggui (2) Independent Director: Lu Jiaqi

3. Approved Competitive Activities: (1) Director You Yonggui: - Independent Director, Etron Technology Inc. - Director, Taiwan Ming-Ding San Co., Ltd. - Director, Yisheng Investment Co., Ltd.

(2) Independent Director Lu Jiaqi: - Independent Director, China Steel Corporation

4. Duration of Permission for Competitive Activities: Throughout the period of serving as a director (including independent director) of the Company.

5. Resolution Outcome (Voting Results under Article 209 of the Company Act): The proposal was approved as originally submitted, with shareholders representing over two-thirds of issued shares in attendance and more than half of the voting rights of attending shareholders in favor.

6. Director Names and Titles if the Permitted Competitive Activity Involves Businesses in Mainland China (Enter 'Not Applicable' if not applicable): Not Applicable

7. Company Name and Position Held in Such Mainland China Business: Not Applicable

8. Address of Such Mainland China Business: Not Applicable

9. Business Scope of Such Mainland China Business: Not Applicable

10. Impact on the Company's Financial and Business Operations: Not Applicable

11. If Directors Have Invested in Such Mainland China Business, Investment Amount and Shareholding Ratio: Not Applicable

12. Other Matters to be Disclosed: None