King Yuan Electronics Co., Ltd. announced that it has appointed new members of the third term of Audit Committee. Name and resume of the replaced member: Independent Director: Hsien-Tsun Yang (Member of Audit Committee and Compensation Committee), Independent Director: Hui-Chun Hsu (Member of Audit Committee and Compensation Committee) and Independent Director: Dar-Yeh Hwang (Member of Audit Committee and Compensation Committee). Name and resume of the new member: Independent Director: Hui-Chun Hsu (Member of Audit Committee and Compensation Committee), Independent Director: Dar-Yeh Hwang (Member of Audit Committee and Compensation Committee) and Independent Director:Semi Wang (Chairman, Mingxiang Culture Co., Ltd). Effective date of the new members is June 10, 2020.