Test Rite announced the resolution of Removal of new directors' and their representatives' non-compete restrictions.

2018-06-19

1.Date of occurrence of the change:2018/06/19
2.Appointment of or changed personnel (juristic-person director,
  juristic-person supervisor, independent director, natural-person
  director or natural-person supervisor):juristic-person director,
independent director, natural-person director.
3.Title, name and resume of the replaced personnel:
Judy Lee，Chairman of Test Rite Int’l Co., Ltd.
Tony Ho，Director of Test Rite Int’l Co., Ltd.
Robin Ho，Director of Test Rite Int’l Co., Ltd.
Property Int’l Co., Ltd.(Representative Ai Chen Lee)，Director of Test Rite
Int’l Co., Ltd.
Property Int’l Co., Ltd.(Representative Wen-Tzong Chen)，Independent
director of Grand Pacific Petrochemical Corporation.
Independent Director Hung Hsun Ting，Independent director of ShunSin
Technology Holdings.
Independent Director Ting Yang Liu，Dean of Graduate Institute of Human
Resource and Knowledge Management at National Kaohsiung Normal University.
Supervisor Chung Hsing Huang，Associate Dean of Business Administration
College of National Taiwan University
Supervisor sai-Chi Co., Ltd.(Representative Hsueh Hsing Liao)，Director of
Zhao Ming law firm.
4.Title, name and resume of the new personnel:
Judy Lee，President of Test Rite Int’l Co., Ltd.
Tony Ho，Chairman of Test Rite Int’l Co., Ltd.
Robin Ho，Chairman of Test Rite Int’l Co., Ltd.
Property Int’l Co., Ltd.(Representative Wen-Tzong Chen)，ndependent
director of Grand Pacific Petrochemical Corporation.
Independent Director Yung-Chi Lai，Senior partner and concurrently the
director of Baker Tilly Clock & Co.
Independent Director Ting-Yang Liu，Dean of Graduate Institute of Human
Resource and Knowledge Management at National Kaohsiung Normal University.
Independent Director Jo Yeh，Yongteng Group Directors, President.
5.Type of the change (please enter: “resignation”, “discharge”, “tenure
  expired”, “death” or “new appointment” ):“tenure expired”
6.Reason for the change:Tenure expired An overall reelection.
7.Number of shares held by the new personnel at the time of
  appointment:
Director:
Judy Lee Director:25,711,294 shares.
Tony Ho Director:38,995,550 shares.
Robin Ho Director:1,949,579 shares.
Property Int’l Co., Ltd.(Representative Wen-Tzong Chen Director) :656,083
shares.
Independent Director:
Independent Director Ting-Yang Liu:0 shares.
Independent Director Yung Chi Lai:0 shares.
Independent Director Jo Yeh:0 shares.
8.Original term (from __________ to __________):20150615 to 20180614.
9.Effective date of the new appointment:20180619 to 20210618.
10.Rate of turnover of directors of the same term:NO.
11.Rate of turnover of supervisor of the same term:NO.
12.Rate of turnover of independent director of the same term:NO.
13.Change in one-third or more of directors (“Yes” or “No”):NO.
14.Any other matters that need to be specified:NA.