Yusin Holding Corp. Announces Important Board Resolution

1. Factual Date: 115/07/20

2. Company Name: Yusin Holding Corp.

3. Relationship with Company (please specify '本公司' or 'subsidiary'):本公司 (Parent Company)

4. Cross-shareholding Ratio: Not applicable

5. Reason for Occurrence: Summary of important resolutions from the 9th Board Meeting of the 5th Term (115th year) are as follows:

(1) The case of the Deputy General Manager of Xiamen Yusin receiving salary from Yusin Braking.

(2) Management personnel appointments for YCS (Malaysia) and Yuyu (Malaysia).

(3) The capital increase by the Company to Yuyu Machinery (Malaysia) Co.

6. Countermeasures: None

7. Other Matters to be Disclosed:

None. However, this material information simultaneously qualifies as an event under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act, applicable to publicly issued companies, and may have a significant impact on shareholders' rights or securities prices.