Announcement of Completion of Remediation Regarding Subsidiary's Excessive Endorsement Guarantees

Disclosure Date: 1150815 Statement Date: 1150814 Statement Time: 195347 Company Code: 4414 Company Name: Ruisin Subject: Announcement on Remediation of Subsidiary's Excessive Endorsement Guarantees (Completed) Applicable Clause: Clause 51 Factual Date: 1150814

Details: 1. Factual Date: 115/08/14 2. Company Name: Changzhou Dongao Apparel Co., Ltd. 3. Relationship with Company (Please enter 'Our Company' or 'Subsidiary'): Subsidiary 4. Cross-shareholding Ratio: Our company indirectly holds 100% of this subsidiary 5. Cause of Incident: (1) In accordance with the directive issued by the Financial Supervisory Commission on October 8, 110 (No. 1100359590). (2) Changzhou Dongao Apparel Co., Ltd., a subsidiary of our company, provided endorsement guarantees to its subsidiaries Nanjing Xingao Trading Co., Ltd. and Changzhou Suiman International Trading Co., Ltd., exceeding the limits set by its internal endorsement guarantee procedures. 6. Remedial Measures: The amount of endorsement guarantees provided by Dongao is now within the prescribed limit; thus, the issue has been resolved.

7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly issued company or above, this significant information also meets the criteria under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that significantly affect shareholders' rights or securities prices): The issue has been resolved; therefore, no further reporting to the board of directors or shareholders' meeting will be required.