3550 Lianying Announces Director Change at Key Subsidiary

Release Date: 1150709 Statement Date: 1150708 Statement Time: 165732 Company Code: 3550 Company Name: Lianying Subject: Announcement of Director Change at Our Key Subsidiary, Lianying Electric Wire & Cable (Kunshan) Co., Ltd. Compliance Clause: Item 6 Event Date: 1150708 Details: 1. Date of Change: 115/07/08 2. Type of Appointed/Changed Personnel (corporate director, corporate supervisor, independent director, natural person director, or natural person supervisor): Natural person director 3. Former Title and Name: Director - Wang Shizong, Chen Hongyao 4. Former Resume: Wang Shizong, Chen Hongyao: Directors of Lianying Electric Wire & Cable (Kunshan) Co., Ltd. 5. New Title and Name: Not applicable 6. New Resume: Not applicable 7. Nature of Change (please enter 'resignation', 'removal', 'term expiration', 'deceased', or 'new appointment'): Removal 8. Reason for Change: Corporate shareholder decided to disband the board of directors and appoint a single director. 9. Shareholding of New Appointee at Time of Appointment: Not applicable 10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not applicable 11. Effective Date of New Appointment: 115/07/08 12. Proportion of Concurrent-Term Director Changes: 2/3 13. Proportion of Concurrent-Term Independent Director Changes: Not applicable 14. Proportion of Concurrent-Term Supervisor Changes: Not applicable 15. Is the change involving one-third or more of the directors? (yes or no): Yes 16. Other Matters to be Clarified (if the entity issuing this announcement is a publicly listed company, this material information also meets the criteria under Article 7, Clause 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholder rights or stock prices): None