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Provided by: KIAN SHEN CORPORATION
SEQ_NO 3 Date of announcement 2022/06/21 Time of announcement 18:39:17
Subject 
 Approval to release the prohibition on new directors
from participation in competitive business under Company
Act 209
Date of events 2022/06/21 To which item it meets paragraph 21
Statement 
1.Date of the shareholders meeting resolution:2022/06/21
2.Name and title of the director with permission to engage in competitive
  conduct:
Director Chao-Wen Chen,Director Chiung-Chih Tseng,Director Wen-Ch Chien,
Director Kuew-Suang Lan,Director Naoki Kobayashi,Director Hsin-Cheng Tseng,
Director Hung-Ching Yang,Independent director Der-Chang Yeh,
Independent director Wei-Ching Lue,Independent director Chi-Ching,Chen.
3.Items of competitive conduct in which the director is permitted to engage:
Similar to the company's business
4.Period of permission to engage in the competitive conduct:
As the directors of the company
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act):
The resolution is approved
6.If the permitted competitive conduct belongs to the operator of a mainland
China area enterprise, the name and title of the directors
(if it is not the operator of a Mainland-area enterprise, please enter
"N/A" below):Director Chiung-Chih Tseng,Director Wen-Ch Chien,
Director Kuew-Suang Lan,Director Hsin-Cheng Tseng,
Director Hung-Ching Yang.
7.Company name of the mainland China area enterprise and the director's
position in the enterprise:
Director Chiung-Chih Tseng, Director of Fuzhou Fushiang
Motor Industrial Co.,Ltd.
Director Chiung-Chih Tseng, Director of Guangzhou NTN-Yulon
Drivetrain Co., Ltd.
Director Chiung-Chih Tseng, Director of Xiamen Kinglong
Kianshen Structure Products Co., Ltd.
Director Chiung-Chih Tseng, Director of Kinglong Kianshen
(Hangzhou) Auto Parts Co., Ltd.
Director Chiung-Chih Tseng, Director of Xiangyang NTN-Yulon
Drivetrain Co., Ltd.
Director Wen-Ch Chien,Director of Fuzhou Fushiang
Motor Industrial Co.,Ltd.
Director Kuew-Suang Lan, Director of Xiamen Kinglong
Kianshen Structure Products Co., Ltd.
Director Kuew-Suang Lan, Director of Kinglong Kianshen
(Hangzhou) Auto Parts Co., Ltd.
Director Hsin-Cheng Tseng,Director of Fuzhou Aprec Mechanical and
Electrical Co., Ltd.
Director Hsin-Cheng Tseng,Director of Fuzhou Alance Machines Co., Ltd.
Director Hung-Ching Yang, Director of Fuzhou Fushiang
Motor Industrial Co.,Ltd.
8.Address of the mainland China area enterprise:
Fuzhou Fushiang Motor Industrial Co.,Ltd.:
Southeast Auto City, Qingkou Investment Zone, Minhou
District, Fuzhou, Fujian
Guangzhou NTN-Yulon Drivetrain Co., Ltd.:
No.11 JunDa Road, East District of Guangzhou Economic
and Technological Development Zone, Guangzhou
Xiamen Kinglong Kianshen Structure Products Co., Ltd.:
No. 699 Jin Long Road, Jimei District, Xiamen, Fujian
Kinglong Kianshen (Hangzhou) Auto Parts Co., Ltd.:
No.100, Linbin Road, Linjiang Industrial Zone,
Xiaoshan District, Hangzhou, Zhejiang
Xiangyang NTN-Yulon Drivetrain Co., Ltd.:
No.36 Shenzhen Ave. Shenzhen Industrial Park, Hi-tech
Development Zone, Xiangyang, Hubei
Fuzhou Aprec Mechanical and Electrical Co., Ltd.:
Huwen Rd., Wenwusha Town, Changle, Fujian, China.
Fuzhou Alance Machines Co., Ltd.:
Huwen Rd., Wenwusha Town, Changle, Fuzhou, Fujian, China
9.Operations of the mainland China area enterprise:
Sales & Manufacturing of Frame, Universal Joint,
Automotive Body,Other Parts, and Production Jig
10.Impact on the company's finance and business:
Fuzhou Fushiang Motor Industrial Co.,Ltd.:
KSC owns 35 percent of the total number of shares and
accounts by using the equity method.
Guangzhou NTN-Yulon Drivetrain Co., Ltd.:
KSC owns 40 percent of the total number of shares and
accounts using the equity method.
Xiamen Kinglong Kianshen Structure Products Co., Ltd.:
KSC owns 50 percent of the total number of shares and
accounts using the equity method.
Xiangyang NTN-Yulon Drivetrain Co., Ltd.:
KSC owns 40 percent of the total number of shares and
accounts using the equity method.
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:None
12.Any other matters that need to be specified:None

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Kian Shen Corporation published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 10:54:02 UTC.