Chun Yuan Steel Industry Co., Ltd. Approves Election of Liu, Huang Chi as Independent Director

CHUN YUAN STEEL INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of steel plates and related products. The Company’s products include steel plates, special steel materials, silicon steel sheets, storage equipment and section steels. The Company operates through six segments. Construction segment is engaged in the construction engineering of buildings, factories and bridges. The First segment manufactures, processes and sells hot rolled and cold rolled steel plates. The Second segment manufactures and sells special steel materials and storage equipment. Qingdao Chun Yuan segment manufactures and sells mechanical and electrical components and other metal products. Shanghai Hua Teng segment manufactures, processes and sells silicon steel sheets. Shenzhen Chun Yuan segment manufactures and sells transformer components, rotors and stators, among others.