4557 Yung Hsin-KY: Subsidiary Approves Endorsement Guarantee of RMB 20 Million to Fuzhou Xin Xin Braking Systems

Release Date: July 21, 115 Statement Date: July 20, 115 Statement Time: 16:21:32 Company Code: 4557 Company Name: Yung Hsin-KY Subject: Announcement on Important Resolution by the Board of Directors of Key Subsidiary Yung Yu Machinery Industrial Co., Ltd. Applicable Clause: Clause 51 Event Date: July 20, 115

Details: 1. Event Date: 07/20/115 2. Company Name: Yung Yu Machinery Industrial Co., Ltd. 3. Relationship with Company (enter '本公司' or 'Subsidiary'): Subsidiary 4. Cross-shareholding Ratio: Not applicable 5. Reason for Occurrence: At the 2nd Board Meeting of Yung Yu Machinery Industrial Co., Ltd. in Year 115, the following important resolution was passed: (1) Approval of the Company's endorsement guarantee of RMB 20 million to Fuzhou Xin Xin Braking Systems Co., Ltd. 6. Countermeasures: None 7. Other Matters to be Disclosed: If the subject of the event or resolution is a publicly issued company or above, this major information simultaneously meets the criteria under Article 7, Paragraph 9, Item 9 of the Enforcement Rules of the Securities Trading Act, regarding matters having significant impact on shareholders' rights or securities prices. No such matters are applicable at this time.