Personnel changes in senior executives at Far Eastern New Century Corporation

        Name: Fan Qinzhi

        Former position: Acting President of Polyester Business and Chief Operating Officer of Polymer Business Unit

        Newly appointed: President Polyester Industry

        Education: Bachelor's degree in Textile Engineering from Feng Chia University

                Name: Li Yuanzhen

        Former position: Acting President of Textile Business and Chief Operating Officer of Far Eastern Dyeing&Finishing (Suzhou) Apparel Division

        Newly appointed: President Textile Industry

        Education: Bachelor's degree in Business from National Taiwan University

                Name: Zhang Bingqiu

        Former position: Chief Operating Officer of Polyester Business Fiber Division

        Newly appointed: Polyester Business Chief Operating Officer and CEO of Intelligent Transformation Center

        Education: Master of Industrial Engineering, Yuan Ze University

                Name: Cai Minxiong

        Former position: Corporate Management Senior Executive Vice President

        Newly appointed: Chief Executive Officer of Corporate Management

        Education: Master of Law/Master of Business Administration from National Chengchi University

                Name: Peng Qingzu

        Former position: Vice President of Polymer Business Solid Polymer Division

        Newly appointed: Polyester Business General Plant Manager (Senior Executive Vice President)

        Education: Master of Chemical Engineering, Tsinghua University

                Name: Cai Gaosheng

        Former position: Deputy President of Textile Business Industrial Fiber Business Group and President of Oriental Industries (Suzhou) (Suzhou)

        Newly appointed: Far Eastern Polytex (Vietnam) General Plant Manager (Senior Executive Vice President) and Deputy President of Textile Business Yarn Business Group

        Education: Yuan Ze University, Master of Business Management, Teaching and Distribution Class

                Name: Yi Changdi

        Former position: Corporate Management Chief Security Officer

        Newly appointed: Corporate Management Chief Security Officer and Deputy Executive Director of Intelligent Transformation Center

        Education: Master of Finance and Tax Management, State University of New York, USA

                Name: Yan Yulong

        Former position: Production Department of Spinning Business Group, Public Office, Hukou Deputy Factory Manager

        New: Production Department of Spinning Business Group, Public Office, Hukou Factory Manager

        Education: Second Vocational School of Textile Engineering, Southern Oriental Institute of Technology

                Name: Zhou Xinhua

        New: Special Assistant to Chief Financial Officer in the President's Office

        Education: Master of MBA from Case Western Reserve University, USA

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