Ruentex Group Chairman Samuel Yin Passes Away; Nan Shan Life Expresses Deep Condolences

Central News Agency, Taipei, May 26. Nan Shan Life Insurance announced today that Samuel Yin, Chairman of Ruentex Group, founder of the Tang Prize, and a director at Nan Shan Life, passed away peacefully at Taipei Veterans General Hospital early this morning at the age of 76. His family was by his side. Nan Shan Life expressed deep condolences, and the entire company is mourning his loss. In a press release, Nan Shan Life noted that Yin lived by the belief of 'taking from society and giving back to society,' dedicating his life to industrial innovation, education, culture, medical charity, and talent development, leaving a profound impact on Taiwan's business and social development. Nan Shan Life described Yin as not only an entrepreneur but also a leader who valued talent, encouraged innovation, and cared for society. His founding of the Tang Prize, which honors those who have made significant contributions to world civilization and human sustainability, demonstrated a vision beyond commercial interests. Nan Shan Life thanked Yin for his long-term support and trust in the company's development, emphasizing that operations remain normal. Regarding funeral arrangements, following the Ruentex Group's earlier announcement, the services will be kept simple, with no funeral hall, no public memorial service, and a request to decline wreaths and monetary gifts.