Chung-Hsin Electric and Machinery Manufacturing Corp. announced election of the Chairperson and the Vice Chairperson. Name of the previous position holder: Chairperson: Yi-Fu Chiang Vice Chairperson: None.

Name of the new position holder: Chairperson: Fu-Nein Chiang, the board Director and the Chief Operating Officer of the Company. Vice Chairperson: Hui-Chuan Kuo, the President of the Company. Effective date of the new appointment is July 20, 2023.

On July 19, 2023, the company received verbal resignation from Chairman Chiang, Yi-Fu for both board director and chairman positions. Therefore it is expected that a board meeting will be held on July 24, 2023 to discuss the election of a new chairman.