Century Iron and Steel Industrial Co.,Ltd. announced the change of the President of the Company. Name of the previous position holder: Ming-Cheng Lin. Resume of the previous position holder: President of the Company.

Name of the new position holder: Yu-Ching Li. Resume of the new position holder: Vice President and spokesperson of the Company. Effective date of the new appointment is January 01, 2023.

President Ming-Cheng Lin is transferred to subsidiary Century Wind Power Co. Ltd. to assume the position of a manager.