[Chung-Fu] Announcement Regarding the Election of Directors and Supervisors of Fu-Hsing Investment

1. Event Date: 115/06/02 2. Company Name: Fu-Hsing Investment Co., Ltd. 3. Relationship to the Company: N/A 4. Mutual Shareholding Ratio: 49% held by the Company

5. Reason for Occurrence: I. To resolve issues regarding unsubmitted financial reports, Fu-Hsing's board previously appointed Chen Chien as Chairman, resolving to appoint accountants and call for an extraordinary shareholders' meeting. II. Since taking office, Chairman Chen Chien has sent notices to financial and securities institutions to prevent Huang Li-chung from unauthorized asset transfers and has initiated the convening of a shareholders' meeting. III. However, representatives of Chung-Fu Integration Marketing, Wu Mei-hsiu and others, announced shortly before the May 22 meeting that they had reached an agreement with Huang Li-chung to replace two director seats and re-elect him as Chairman. IV. Wu Mei-hsiu subsequently convened an extraordinary shareholders' meeting on June 2, pursuant to Article 173-1 of the Company Act, electing Huang Li-chung (natural person), Li Shih-hua, and Lin Chih-chen as directors, and Wang Pai-yu as supervisor. Huang Li-chung was then elected as the new Chairman in the subsequent board meeting. V. Huang Li-chung is now responsible for the financial reports. Our company will continue to urge Fu-Hsing to submit the 114th-year and 115th-Q1 financial statements audited by CPAs.

6. Countermeasures: None 7. Other: We have filed civil lawsuits at the Commercial Court regarding the acquisition of a majority stake in Fu-Hsing by Chung-Fu Integration Marketing, alleging irregular transactions and breach of trust.