Ruiyi Announces Change in Corporate Governance Officer

1. Position Subject to Change (please specify: spokesperson, acting spokesperson, key operational executives such as CEO, COO, CMO, CSO, financial officer, accounting officer, corporate governance officer, CISO, R&D head, internal audit head, litigation or non-litigation agent): Corporate Governance Officer

2. Date of Change: 115/07/20

3. Name, Title, and Resume of Former Officer: Wu Qingrong, Senior Manager, Finance & Accounting Management Division

4. Name, Title, and Resume of New Officer: To be appointed

5. Nature of Change (please select 'resignation', 'job reassignment', 'redundancy', 'retirement', 'death', 'new appointment', or 'dismissal'): Retirement

6. Reason for Change: Retirement

7. Effective Date: 115/07/20

8. Other Matters to be Disclosed:

The duties of the Corporate Governance Officer will be temporarily assumed by Huang Ruyu, the former Corporate Governance Officer of the Company, until the new appointee is approved at an upcoming board meeting, after which an official announcement will be made.