Meilong Electric Announces Resignation of General Manager

1. Date of Board Resolution or Change: 115/05/12
2. Personnel Category (Please enter Chairman or General Manager): General Manager
3. Former Personnel Name: Wu Tang-chih
4. Brief Biography of Former Personnel: Chairman and General Manager of Meilong Industrial Co., Ltd.
5. New Personnel Name: Not applicable
6. Brief Biography of New Personnel: Not applicable
7. Reason for Change (Please enter 'Resignation', 'Dismissal', 'Term Expiration', 'Job Adjustment', 'Redundancy', 'Retirement', 'Death', or 'New Appointment'): Job Adjustment
8. Reason for Change: To strengthen corporate governance and management division, Chairman Wu Tang-chih has resigned from the position of General Manager.
9. Effective Date of New Appointment: Not applicable
10. Other matters that need to be stated (If the subject of the event or resolution is a publicly offered company or above, this major information simultaneously meets the requirements of Article 7, Paragraph 6 of the Enforcement Rules of the Securities Transaction Act regarding matters that have a significant impact on shareholder rights or stock prices): A new appointee will be announced separately after the board approves the appointment.