Xiangyao Announces Full Election of Directors and Supervisors for Important Subsidiary Sungda Optoelectronics Technology Co., Ltd.

1. Date of Change: 115/04/30 2. Personnel Category (Please select from Corporate Director, Corporate Supervisor, Independent Director, Individual Director, or Individual Supervisor): Corporate Director, Individual Director, Individual Supervisor 3. Former Personnel Titles and Names: Directors: Representative of Jingyun Technology Co., Ltd.: Lin Yishan Representative of Jingyun Technology Co., Ltd.: Zheng Wenyang Representative of Jingyun Technology Co., Ltd.: Wang Cao Zhengxiong Representative of Zhongying International Capital Co., Ltd.: Zhang Jingjun Chen Youwei Supervisors: Zhang Jinlong 4. Brief Biographies of Former Personnel: Directors: Lin Yishan: Chairman of Xiangyao Industrial Co., Ltd. Zheng Wenyang: Former Principal of Overseas Chinese School Wang Cao Zhengxiong: Presiding Lawyer at Heyi Yingxu International United Law Firm Zhang Jingjun: Director at Zhongying International Capital Co., Ltd. Chen Youwei: Chairman of Lihong Technology Co., Ltd. Supervisors: Zhang Jinlong: Assistant President of Zhejiang Jiafeng Electromechanical Co., Ltd. 5. Newly Appointed Personnel Titles and Names: Directors: Representative of Jingyun Technology Co., Ltd.: Lin Yishan Representative of Jingyun Technology Co., Ltd.: Wang Cao Zhengxiong Representative of Da Cashi Investment Co., Ltd.: Chen Xiaoguang Supervisors: Zhang Jinlong 6. Brief Biographies of Newly Appointed Personnel: Directors: Lin Yishan: Chairman of Xiangyao Industrial Co., Ltd. Wang Cao Zhengxiong: Presiding Lawyer at Heyi Yingxu International United Law Firm Chen Xiaoguang: Chairman of Da Cashi Investment Co., Ltd. Supervisors: Zhang Jinlong: Assistant President of Zhejiang Jiafeng Electromechanical Co., Ltd. 7. Change Details (Please select from 'Resignation', 'Dismissal', 'Term Expiration', 'Death', or 'New Appointment'): Term Expiration 8. Reason for Change: Full election prior to term expiration. 9. Shareholding of Newly Appointed Personnel at the Time of Election: Directors: Representative of Jingyun Technology Co., Ltd.: Lin Yishan (Shareholding: 14,618,815 shares) Representative of Jingyun Technology Co., Ltd.: Wang Cao Zhengxiong (Shareholding: 14,618,815 shares) Representative of Da Cashi Investment Co., Ltd.: Chen Xiaoguang (Shareholding: 440,000 shares) Supervisors: Zhang Jinlong (Shareholding: 0 shares) 10. Original Term (e.g., XX/XX/XX ~ XX/XX/XX): 112/12/30~115/12/29 11. New Effective Date: 115/04/30 12. Change Rate for Directors within the Same Term: Full election upon term expiration, not applicable. 13. Change Rate for Independent Directors within the Same Term: Not applicable. 14. Change Rate for Supervisors within the Same Term: Full election upon term expiration, not applicable. 15. Did one-third or more of the directors change? (Please answer 'Yes' or 'No'): No 16. Other Matters to be Notified (If the subject of the event or resolution is a publicly issued company or above, this material information also meets the requirements of Article 7, Paragraph 6 of the Securities Transaction Act Enforcement Rules for matters that have a material impact on shareholder equity or securities prices): This is a full election of directors and supervisors by the subsidiary's shareholders meeting, not due to individual director or supervisor resignations or dismissals, and does not involve a change in management control. Keywords: Material Information