Ruentex Group Chairman Samuel Yin Passes Away at 76; Founder of the Tang Prize

Samuel Yin, chairman of the Ruentex Group, passed away in Taipei early on the 26th at the age of 76. In December 2012, he donated NT$3 billion of his personal funds to establish the Tang Prize, covering four categories: sustainable development, biopharmaceuticals, Sinology, and the rule of law. The prize aims to honor outstanding individuals worldwide and address critical challenges facing humanity in the 21st century. The Tang Prize Foundation expressed deep sorrow and paid tribute to Yin's lifelong commitment to education and the promotion of Chinese culture. Yin, who took pride in being an engineer, held 753 patents across 19 countries, including the 'one-piece stirrup' technology, which significantly improved seismic resistance in construction. The foundation stated it will continue to uphold Yin's vision through professional and independent selection processes.