Cayman Tung Ling: Announcement of re-election of Company Directors at 2022 Annual General Meeting

Statement

1.Date of occurrence of the change:2022/06/20
2.Elected or changed position (Please enter institutional
director, institutional supervisor, independent director,
natural-person director or natural-person supervisor):
institutional director,independent director,
natural-person director
3.Title and name of the previous position holder:
(1)Director:Lo, Wen-Chang
(2)Independent director:Teng, Syh-Tang
(3)Independent director:Chen, Shih-Chun
(4)Independent director:HSIAO, CHI-HSUAN
4.Resume of the previous position holder:
(1)Director:Lo, Wen-Chang
 Chairman of Li Tai Color Printing Enterprise Co., Ltd.
(1)Independent director:Teng, Syh-Tang
 CPA of Teng, Syh-Tang Accounting firm
(2)Independent director:Chen, Shih-Chun
 Chairman's Special Assistant of CK STANLEY Co., Ltd.
(3)Independent director:HSIAO, CHI-HSUAN
 Manager of SHINY-RAY INTERNATIONAL CO., LTD.
5.Title and name of the new position holder:
Director:
(1)Angel Space Ltd. Investment Account in custodial of
Taishin International Bank.
Representative:Huang, Ai-Ling
(2)River North Ltd. Investment Account in custodial of
Taishin International Bank.
Representative:Chang, Chih-Pan
(3)Beauty Trend Holdings Ltd.Investment Account in
custodial of Taishin International Bank.
Representative:Chang, Yu-Wei
(4)Angel Space Ltd. Investment Account in custodial of
Taishin International Bank.
Representative:Chiang, Kuang-Tse
Independent directors:
(1)Liu, Xian-Jue
(2)Su, Tsung-Ming
(3)Sun, Mei-Chin
6.Resume of the new position holder:
Director:
(1)Angel Space Ltd. Investment Account in custodial of
Taishin International Bank.
Representative:Huang, Ai-Ling
Chairman of The Foundation for Social Welfare.
(2)River North Ltd. Investment Account in custodial of
Taishin International Bank.
Representative:Chang, Chih-Pan
Chairman of River North Ltd.
(3)Beauty Trend Holdings Ltd.Investment Account in
custodial of Taishin International Bank.
Representative:Chang, Yu-Wei
Chairman of BEAUTY TREND HOLDINGS Ltd.
(4)Angel Space Ltd. Investment Account in custodial of
Taishin International Bank.
Representative:Chiang, Kuang-Tse
Partners of DLK Adivisory Ltd.
General Manager of Kai Yuen Management Consultants Ltd.
Director of Kai Yuen Management Consultants Ltd.
Independent directors:
(1)Liu, Xian-Jue/Chairman of PHEW INC.
(2)Su, Tsung-Ming/General Manager of President
International Development Corp.
(3)Sun, Mei-Chin
Senior Manager of Administration Department,Shihlin
Development Company Ltd.
Legal Consultant of Shihlin Development Company Ltd.
7.Circumstances of change (Please enter "resignation", "dismissal",
"term expired", "death" or "new appointment"):new appointment
8.Reason for the change:new appointment
9.Number of shares held by the new position holder when elected:
Director:
(1)Angel Space Ltd. Investment Account in custodial of
Taishin International Bank. 6,896,000shares.
(2)River North Ltd. Investment Account in custodial of
Taishin International Bank.  8,045,000shares.
(3)Beauty Trend Holdings Ltd.Investment Account in
custodial of Taishin International Bank. 6,896,000shares.
(4)Angel Space Ltd. Investment Account in custodial of
Taishin International Bank. 6,896,000shares.
Independent directors:
(1)Liu, Xian-Jue  0 share.
(2)Su, Tsung-Ming 0 share.
(3)Sun, Mei-Chin  0 share.
10.Original term (from __________ to __________):
2020/06/23 to 2023/06/22
11.Effective date of the new appointment:
2022/6/20
12.Turnover rate of directors of the same term:NA
13.Turnover rate of independent directors of the same term:NA
14.Turnover rate of supervisors of the same term:NA
15.Change in one-third or more of directors (Please enter "Yes" or
"No"):Yes
16.Any other matters that need to be specified:None.

Margie D. Carlisle