Sanyang Industries Announces Shareholder Approval to Lift Non-Compete Restrictions for Directors

Release Date: June 27, 2026 Statement Date: June 26, 2026 Statement Time: 16:59:58 Company Code: 2206 Company Name: Sanyang Industries Subject: Announcement of Resolution from the 2026 Annual General Meeting to Lift Non-Compete Restrictions for Directors Applicable Clause: Item 21 Factual Date: June 26, 2026 Details: 1. Shareholder Meeting Resolution Date: 06/26/115 (2026) 2. Directors Permitted to Engage in Competitive Activities: (1) Director: Wu Qingyuan (2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. (3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. (4) Director: Huang Yuchang, Representative of Zhaoyao Investment Co., Ltd. (5) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd. (6) Independent Director: Shi Zhongchuan (7) Independent Director: Chen Fuwei (8) Independent Director: Wei Xinghai 3. Approved Competitive Activities: (1) Director: Wu Qingyuan Taiwan Nonglin Co., Ltd. – Chairman Xiamen Sanyang Motor Co., Ltd. – Chairman Nanyang Enterprise Co., Ltd. – Chairman Yafu Co., Ltd. – Director Yafu Energy Storage Co., Ltd. – Director Qingda Investment Co., Ltd. – Chairman Qingzhao Investment Co., Ltd. – Director Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director Qingyang Technology Co., Ltd. – Director Jiuxing Biotech Co., Ltd. – Chairman Jiuding Development & Construction Co., Ltd. – Director (2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. Nanyang Enterprise Co., Ltd. – Vice Chairman Nanyang Insurance Agency Co., Ltd. – Chairman Xiamen Sanyang Motor Co., Ltd. – Director Vietnam Rongzhang Technology Co., Ltd. – Director Vietnam Manufacturing & Processing Export (Holdings) Co., Ltd. – Non-Executive Director Nanyang Holding Co., Ltd. – Director Shimeng Construction Co., Ltd. – Chairman Sanxin Development Consulting Co., Ltd. – Director (3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. Nanyang Enterprise Co., Ltd. – Director Xiamen Qungeng Industry Co., Ltd. – Chairman Xiamen Sanyang Trading Co., Ltd. – Director Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director (4) Director: Huang Yuchang, Representative of Zhaoyao Investment Co., Ltd. Taiwan Nonglin Co., Ltd. – Director Quanmei Construction Co., Ltd. – Director (5) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd. Changzhou Nanyang Auto Sales & Service Co., Ltd. – Chairman Sanshen Machinery Industry Co., Ltd. – Chairman Xiamen Sanshen Machinery Industry Co., Ltd. – Chairman Vietnam Sanshen Industry Co., Ltd. – Chairman Jingshan Environmental Protection Technology Co., Ltd. – Chairman Wuding Biotechnology Co., Ltd. – Director Nanyang Enterprise Co., Ltd. – Director Rongzhang Industry Co., Ltd. – Director Yafu Co., Ltd. – Director Yafu Energy Storage Co., Ltd. – Director Qiaosong Health Co., Ltd. – Director (6) Independent Director: Shi Zhongchuan Ingel Technology Co., Ltd. – Independent Director (7) Independent Director: Chen Fuwei Siwei Co., Ltd. – Independent Director Standard Chartered Bank Taiwan Limited – Independent Director (8) Independent Director: Wei Xinghai Taiwan Port Construction Co., Ltd. – Independent Director Advantech Co., Ltd. – Independent Director Zyxel Group Corporation – Independent Director 4. Duration of Approved Competitive Activities: During tenure as director of the company. 5. Voting Outcome (per Article 209 of the Company Act): The resolution was approved by a majority of shareholders present, with over two-thirds of issued shares represented, passing as proposed. 6. Directors Engaging in Competitive Businesses in Mainland China (Enter 'N/A' if not applicable): (1) Director: Wu Qingyuan (2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. (3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. (4) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd. 7. Positions Held in Mainland China-Based Companies: (1) Director: Wu Qingyuan Xiamen Sanyang Motor Co., Ltd. – Chairman Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director (2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. Xiamen Sanyang Motor Co., Ltd. – Director (3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. Xiamen Qungeng Industry Co., Ltd. – Chairman Xiamen Sanyang Trading Co., Ltd. – Director Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director (4) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd. Changzhou Nanyang Auto Sales & Service Co., Ltd. – Chairman Xiamen Sanshen Machinery Industry Co., Ltd. – Chairman 8. Addresses of Mainland China-Based Companies: (1) Xiamen Sanyang Motor Co., Ltd. No. 99, Xibin Road, Xinglin, Jimei District, Xiamen (2) Haohan Industrial Product Design (Shanghai) Co., Ltd. No. 46, Yuanda Road, Shanghai International Automotive City Parts Industrial Park, Anting Town, Jiading District, Shanghai (3) Xiamen Qungeng Industry Co., Ltd. No. 99-10, Xibin Road, Jimei District, Xiamen (4) Xiamen Sanyang Trading Co., Ltd. No. 99-1, Xibin Road, Jimei District, Xiamen (5) Changzhou Nanyang Auto Sales & Service Co., Ltd. No. 23, Zonglu Road, Zhonglou District, Changzhou (6) Xiamen Sanshen Machinery Industry Co., Ltd. No. 62-70, Tianyang Road, Jimei District, Xiamen 9. Business Activities of Mainland China-Based Companies: (1) Xiamen Sanyang Motor Co., Ltd.: Manufacturing and sales of motorcycles and parts (2) Haohan Industrial Product Design (Shanghai) Co., Ltd. Industrial product design (3) Xiamen Qungeng Industry Co., Ltd. Manufacturing and sales of motorcycle parts (4) Xiamen Sanyang Trading Co., Ltd. Retail and wholesale of motorcycles and parts (5) Changzhou Nanyang Auto Sales & Service Co., Ltd. Retail of automobiles and parts (6) Xiamen Sanshen Machinery Industry Co., Ltd. Manufacturing, processing, and trading of motorcycle parts 10. Impact on Company's Financial and Business Operations: None 11. Investment Amount and Shareholding Ratio in Mainland China-Based Companies (if any): None 12. Other Matters to be Disclosed: None