Stock Code: 3376

SHINZU SHINGO
Since 1965

新日興股份有限公司
SHIN ZU SHING CO., LTD.

2026 Annual Shareholders' Meeting Meeting Agenda

(Translation)

June 9, 2026

A. Call the Meeting to Order... 1
B. Meeting Agenda... 2
I. Company reports... 3
II. Matters for ratification... 4
III. Matters for discussion... 5
IV. Questions and Motions... 5
C. Attachments
Attachment 1. 2025 Business Report... 6
Attachment 2. 2025 Audit Committee's Review Report... 9
Attachment 3. CPA's Audit Report and 2025 Consolidated Financial Statements... 10
Attachment 4. CPA's Audit Report and 2025 Individual Financial Statements... 20
Attachment 5. 2025 Earnings Distribution Statement... 30
Attachment 6. The company issued the third domestic unsecured convertible corporate bond Report... 31
D. Appendices
Appendix 1. Articles of Incorporation... 32
Appendix 2. Rules of Procedure for the Shareholder Meetings... 39
Appendix 3. Shareholding of Directors... 46

SHIN ZU SHING CO., LTD.

2026 Annual Shareholders' Meeting Procedure

I. Call the meeting to order
II. Chairperson remarks
III. Company reports
IV. Matters for ratification
V. Matters for discussion
VI. Questions and Motions
VII. Adjournment

SHIN ZU SHING CO., LTD.
2026 Annual Shareholders' Meeting Agenda

Time: June 9, 2026 (Tuesday) at 9 a.m.

Place: No. 1, Sanjun Street, Shulin District, New Taipei City (Shuang Yan Wedding Restaurant)

Type of Meeting: Physical Meeting

Agenda:

I. Meeting called to order (announce respective number of shares held by shareholders present)

II. Chairperson remarks

III. Company reports

(I) 2025 Business report.

(II) 2025 Audit Committee's Review Report.

(III) 2025 distribution of remuneration to employees and directors.

(IV) 2025 Report of Related Party Transactions

(V) The company issued the third domestic unsecured convertible corporate bond Report

IV. Matters for ratification

(I) Adoption of the 2025 Business Report and Financial Statements

(II) Adoption of the Proposal for Distribution of 2025 Profits

V. Matters for discussion

Distribution of cash dividends from capital surplus

VI. Questions and motions

VII. Adjournment

Company reports

2025 Business Report.
Explanatory Notes: Please refer to Attachment I.
2025 Audit Committee's Review Report.
Explanatory Notes: Please refer to Attachment II.
2025 distribution of remuneration to employees and directors.
Explanatory Notes:
(1) The Company's 2025 profit is NT$359,046,568 (before deduction of employee remuneration and directors' remuneration). It is proposed to set employee remuneration of NT$31,790,000 and directors' remuneration of NT$9,000,000, both to be distributed in cash.
(2) There is no difference between the amount of directors' remuneration and the amount of employee's remuneration set aside this time and the annual estimated amounts of recognized expenses.
2025 Report of Related Party Transactions
(1) The actual purchase transaction amount between the Company and its subsidiaries and its related party "Suzhou Xinglianyi" in 2025 was NT$756,412,000, accounting for 7.05% of the Company's consolidated net revenue. The payment terms were 120 days from the following month.
(2) The transaction price and payment terms of the purchases were not materially different from those of non-related parties. The transaction prices in fiscal 2025 were in accordance with general business practices and did not exceed the annual transaction amount cap (NT$ 800 million) approved by the Board of Directors.
The company issued the third domestic unsecured convertible corporate bond Report
Explanatory Notes: Please refer to Attachment VI.

Matters for ratification

To accept 2025 Business Report and Financial Statements (Proposed by the Board of Directors)

Explanatory Notes :

(1) The Company has completed formulation of the 2025 consolidated financial statements and individual financial statements. Audit has been completed by CPAs Hsieh, Ming-Chung and Hsu, Chi-Ming of Deloitte Taiwan and sent to the Audit Committee for review along with the business report. and a review report has been issued.

(2) For the business report, independent auditor's report and the above-mentioned financial statements, please refer to Attachment 1, Attachment 3 and Attachment 4 of this Manual.

To ratify the 2025 earnings distribution proposal. (Proposed by the Board of Directors)

Explanatory Notes :

(1) The Company's 2025 net profit after tax is NT$318,256,568 For the proposed surplus distribution table, please refer to Attachment 5.

(2) Shareholders' cash dividends are calculated up to the NT dollar, rounded down to the nearest whole NT dollar, and the total amount of fractional amounts less than one dollar shall be adjusted in order of sequence from the largest to the smallest decimal number and from the first to last account number until consistent with the total amount of cash dividend distributed.

(3) For subsequent changes in the number of outstanding shares due to the buyback of the Company's shares, the transfer of treasury stocks, the execution of employee stock options, and the issuance of new shares for cash capital increase, etc., resulting in changes to the shareholder's dividend ratio, the chairman of the board is authorized to handle such matters.

(4) Upon the approval of the Annual Shareholders' Meeting, it is proposed that the chairman of the board be authorized to resolve the ex-dividend date and other relevant issues.

Matters for discussion

Distribution of cash dividends from capital surplus. (Proposed by the Board of Directors)

Explanatory Notes:

(1) The Company intends to set aside NT$391,527,644 from the capital surplus arising from paid-in capital in excess of par value on issuance of ordinary shares. Each share is distributed cash dividends of NT$2.0 with all amounts rounded up to the yuan, and the total amount of fractional amounts less than one yuan shall be adjusted in order of sequence from the largest to the smallest decimal number and from the first to last account number until consistent with the total amount of cash distributed.

(2) For subsequent changes in the dividend amount distributed per share due to the buyback of the Company's shares, the transfer of treasury stocks, the execution of employee stock options, and the issuance of new shares for cash capital increase, etc., resulting in changes to the shareholder's cash distribution ratio, the chairman of the board is authorized to handle such matters.

(3) Upon the approval of the Annual Shareholders' Meeting, it is proposed that the chairman of the board be authorized to resolve the payment date and other relevant issues.

Questions and Motions

Adjournment

Attachment 1

SHIN ZU SHING CO., LTD.

2025 Business Report

Operating Results of the 2025 Business Plan

The year 2025 is regarded as a pivotal first year for the widespread adoption of artificial intelligence (AI) end-user devices. With the maturation of edge computing technologies, replacement demand for AI PCs and AI smartphones has officially commenced. The global consumer electronics industry has emerged from a prolonged period of inventory adjustment and is experiencing a notable market recovery. In the hinge industry, demand for precision hinges increased significantly, driven by the advancement of foldable devices and the stringent requirements for thermal management, lightweight design, and structural integrity in high-end AI laptops. In addition, the global wearable device market continued to gain momentum in 2025, with smartwatches, smart glasses, and earphones maintaining their positions as key mainstream products. However, amid the impact of U.S. tariff policies and China's overcapacity issues, global consumer demand softened. Coupled with the longer development cycle for the Company's new products, which resulted in a gap between legacy and next-generation product transitions, the Company's revenue and operating performance for 2025 fell short of expectations. In response to this challenging environment, the Company has continued to adjust its operational strategies to capture emerging opportunities. Looking ahead, the Company will remain focused on the development of the hinge industry, advancing new technologies, enhancing manufacturing automation, and improving yield rates. Leveraging its extensive experience in precision machining, the Company also aims to expand into diversified industry applications to drive new sources of growth. The year 2025 marks the 60th anniversary of SZS, representing a significant milestone in the Company's development. The Company remains committed to embedding "sustainable development" into its corporate DNA, actively promoting corporate social responsibility and voluntarily disclosing its efforts and achievements across environmental, social, and governance (ESG) dimensions. Through the continued dedication of all employees, the Company was honored in 2025 with the "TCSA Taiwan Corporate Sustainability Awards – Silver Award for Sustainability Report" and successfully passed the target validation of the Science Based Targets initiative (SBTi), demonstrating the Company's concrete commitment to ESG practices.

(I) Operating income and expenditure, and budgets
Unit: NTD thousands

Item	Budgeted Amount for 2025	Actual Amount for 2025	Achievement rate %
Net operating income	14,250,583	10,723,102	75.25%
Operating cost	10,937,527	9,226,730	84.36%
Gross operating profit	3,313,056	1,496,372	45.17%
Operating expenses	1,351,591	1,328,636	98.30%
Operating net profit	1,961,465	167,736	8.55%
Net profit before tax	2,271,954	537,411	23.65%
Net profit for the period	1,791,297	318,257	17.77%

(II) Profitability Analysis

Item		2025 (%)	2024 (%)
Financial structure	Debt-to-assets ratio (%)	22.66	22.78
	Ratio of long-term capital to property, plant and equipment (%)	271.65	337.94
Solvency	Current ratio (%)	286.96	336.78
	Quick ratio (%)	223.62	283.67
	Times interest earned (times)	2,839.24	6,556.05
Profitability	Return on assets (%)	1.47	6.17
	Return on equity (%)	1.81	8.11
	Ratio of income before tax to paid-in capital (%)	27.45	95.81
	Net profit margin (%)	2.97	10.20
	Earnings per share (NTD)	1.63	7.15

Benefiting from the growth of the hinge industry, the Company’s shipment volume of notebook computer hinges in 2025 reached approximately 49,523 thousand units, representing an increase of approximately 1% compared to the previous year. Shipment volume of LCD hinges totaled approximately 6,565 thousand units, an increase of approximately 8% year-over-year. However, shipment volume of wearable and accessory hinges was approximately 37,578 thousand units, representing a decrease of approximately 18% compared to the previous year. In terms of the major revenue mix for 2025, NB hinges accounted for approximately 26%, LCD hinges approximately 14%, and wearable and accessory hinges approximately 47%. The Company’s consolidated revenue for 2025 amounted to NT$10,723 million, representing a decrease of approximately 20% from NT$13,327 million in the previous year. The consolidated gross profit margin was 14%, and the operating profit margin was 2%, both declining compared to the previous year. Net profit after tax totaled NT$318 million, representing a decrease of approximately 77% from NT$1,359 million in the previous year. Basic earnings per share after tax were NT$1.63, down from NT$7.15 in the previous year, also representing a decrease of approximately 77%.

Overview of the 2026 Business Plan

Looking ahead, the global economy continues to face uncertainties arising from geopolitical developments, trade policies, and changes in the financial environment. Nevertheless, the advancement of artificial intelligence (AI) continues to drive industrial transformation and productivity enhancement, supporting stable economic growth. In response to this evolving landscape, the management team of the Company remains committed to leveraging Taiwan as a core base for innovation and development while expanding its scale of operations. The Company will continue to strengthen its R&D capabilities and product innovation, and accelerate the ramp-up of its new production facilities in Bac Giang, Vietnam and Suzhou, China, in order to provide customers with more timely services and high-quality manufacturing. Meanwhile, through ongoing investment in technology development, the Company expects to achieve more tangible progress in foldable product applications across various segments in 2026. At the same time, the Company will undertake organizational restructuring and optimize the utilization of operating capital to respond swiftly to market changes. By means of technology integration and strategic partnerships, the Company aims to expand into new industries, including bicycles, AI-related applications, and humanoid robot components, thereby capturing emerging market opportunities and driving the next phase of industry development.

In the rapidly evolving AI era, talent and data have become the core assets of enterprises. The Company will initiate a digital transformation program, introducing AI-assisted design and intelligent production scheduling. At the same time, it will expand recruitment of outstanding professionals in fields such as mechatronics integration and AI algorithms, attracting individuals with vision, innovation, and strong execution capabilities. Through cross-disciplinary technology integration, the Company aims to enable its employees to fully leverage their expertise, grow together with the Company through professional capabilities and sound management practices, and advance toward the next significant milestone.

While pursuing operational growth, the Company remains committed to its environmental and social responsibilities. In response to the environmental impacts of climate change, the Company, guided by its commitment to sustainable development, will focus on green manufacturing in product development. It will drive innovation in low-carbon products, adopt environmentally friendly materials, and implement low-carbon production processes through smart manufacturing modules. In addition, the Company will enhance energy efficiency and reduce operating costs, promoting Group-wide green transformation under the strategic direction of “greenization, decarbonization, and digitalization.” Furthermore, the Company has completed the installation and grid connection of self-built solar photovoltaic systems in both Taiwan and Vietnam, adopting a self-generation and self-consumption model to effectively integrate renewable energy into daily operations. The Company also seeks to maximize the value of waste recycling and reuse. Guided by the vision of being people-oriented, fostering environmental sustainability, and achieving shared social prosperity, the Company integrates the ultimate objectives of its ESG initiatives into its operations. At the same time, it collaborates closely with its suppliers to strengthen supply chain management capabilities. The Company firmly believes that adherence to integrity and sustainable development is essential to creating long-term value for shareholders, employees, and society.

Finally, the Company would like to express its sincere gratitude to all shareholders, customers, and business partners for their continued support and trust. Looking ahead to 2026, although challenges remain, opportunities are even greater than before. The Company will continue to make every effort to enhance corporate governance, uphold integrity in its operations, and, with a steady approach and innovative mindset, work together to achieve new operational milestones.

Good wishes to you all
Good health and all the best

Shin Zu Shing Co., Ltd.
Chairman : Sheng-Nan Lu
CEO : Chao-Tsong Yuan
Head of accounting : Ya-Fen Fan

Attachment 2

SHIN ZU SHING CO., LTD.

Audit Committee's Review Report

The board of directors has prepared the company's 2025 financial statements as well as the business report and the surplus distribution proposal. Among them, the financial statements were verified by CPAs Hsieh, Ming-Chung and Hsu, Chi-Ming of Deloitte Taiwan, and an independent auditor's report has been issued. The above documents have been reviewed by the Audit Committee as correctly portraying the Company's business activities. In accordance with Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act, this report is compiled and presented for shareholder's examination.

SHIN ZU SHING CO., LTD. 2026 Annual Shareholders' Meeting

Audit Committee convener: Darren Shih

April 29, 2026

Attachment 3

Independent Auditor's Report

The Board of Directors and Shareholders
Shin Zu Shing Co., Ltd.

Opinion

We have audited the accompanying consolidated financial statements of Shin Zu Shing Co., Ltd. and its subsidiaries (collectively referred to as the "Group"), which comprise the consolidated balance sheets as of December 31, 2025 and 2024, and the consolidated statements of comprehensive income, changes in equity and cash flows for the years then ended, and the notes to the consolidated financial statements, including a summary of significant accounting policies (collectively referred to as the "consolidated financial statements").

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Group as of December 31, 2025 and 2024, and its consolidated financial performance and its consolidated cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, and International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and the Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Group in accordance with The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements for the year ended December 31, 2025. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Assessment of Revenue Recognition

Shin Zu Shing Co., Ltd. and its subsidiaries mainly engaged in the research and development, production and sales of notebook computers, liquid crystal display hubs and MIM (Metal injection molding). Considering that the auditing standards presume revenue recognition to involve significant risks, and that despite a substantial decrease in overall revenue, revenue from wearable products remained the significant portion of sales revenue for the current period. Therefore, whether the sales transactions of wearable products of Shin Zu Shing Co., Ltd. actually occurred was identified as a key audit matter.

The audit procedures performed by the accountant in response to the above key audit matter are summarized as follows:

Understand the internal control of sales revenue of wearable products and its implementation effectiveness.
For customers of wearable product sales, obtain the details of revenue recognized by accounting personnel and check whether the revenue recognition was approved by relevant personnel after evaluating the transaction conditions.
Conduct a detailed sales revenue test for wearable products to confirm that the related sales revenue transactions had actually occurred.

Other Matter

We have audited the separate financial statements of Shin Zu Shing Co., Ltd. as of and for the years ended December 31, 2025 and 2024 on which we have issued an unmodified opinion.

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, and IFRS, IAS, IFRIC, and SIC endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the consolidated financial statements, management is responsible for assessing the Group's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

Those charged with governance, including the audit committee, are responsible for overseeing the Group's financial reporting process.

Auditors' Responsibilities for the Audit of the Consolidated Financial Statements

Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.

As part of an audit in accordance with the Standards on Auditing of the Republic of China, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors' report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors' report. However, future events or conditions may cause the Group to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient and appropriate audit evidence regarding the financial information of entities or business activities within the Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision, and performance of the group audit. We remain solely responsible for our audit opinion.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the consolidated financial statements for the year ended December 31, 2025 and are therefore the key audit matters. We describe these matters in our auditors' report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

The engagement partners on the audit resulting in this independent auditors' report are Ming-Chung Hsieh and Chi-Ming Hsu.

Deloitte & Touche
Taipei, Taiwan
Republic of China

March 10, 2026

Notice to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to audit such consolidated financial statements are those generally applied in the Republic of China.

For the convenience of readers, the independent auditors' report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors' report and consolidated financial statements shall prevail.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

ASSETS	2025		2024
	Amount	%	Amount	%
CURRENT ASSETS
Cash and cash equivalents (Note 6)	$ 1,500,320	7	$ 2,107,388	9
Financial assets at fair value through profit or loss - current (Notes 7 and 31)	185,506	1	182,133	1
Financial assets at amortized cost - current (Note 9)	2,718,534	12	3,869,500	17
Notes receivable (Note 10)	86,671	-	97,434	-
Accounts receivable (Notes 10 and 24)	3,946,382	18	5,271,462	23
Accounts receivable from related parties (Notes 10 and 32)	-	-	6,615	-
Other receivables (Note 10)	92,183	-	69,172	-
Inventories (Note 11)	1,969,848	9	1,946,468	8
Other current assets (Note 32)	494,861	2	234,122	1
Total current assets	10,994,305	49	13,784,294	59
NON-CURRENT ASSETS
Financial assets at fair value through other comprehensive income - non-current (Note 8)	1,430,866	6	753,316	3
Investments accounted for using the equity method (Note 13)	156,783	1	165,229	1
Property, plant and equipment (Notes 14 and 32)	6,771,787	31	5,674,161	25
Right-of-use assets (Note 15)	177,144	1	178,137	1
Investment properties, net (Note 16)	2,384,258	11	2,403,465	10
Deferred tax assets (Note 26)	19,001	-	30,715	-
Refundable deposits	9,726	-	21,801	-
Other non-current assets (Notes 17 and 22)	282,956	1	257,167	1
Total non-current assets	11,232,521	51	9,483,991	41
TOTAL	$ 22,226,826	100	$ 23,268,285	100
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Short-term loans (Note 18)	$ 334,880	2	$ -	-
Notes payable, net	1	-	17	-
Accounts payable, net (Note 20)	2,290,864	10	2,555,315	11
Accounts payable to related parties, net (Note 32)	230,839	1	341,908	1
Other payables (Note 21)	874,240	4	823,784	4
Other payables to related parties (Note 32)	869	-	924	-
Current tax liabilities (Note 26)	3,568	-	218,497	1
Lease liabilities - current (Note 15)	13,002	-	38,071	-
Other current liabilities (Note 24)	83,053	-	114,510	1
Total current liabilities	3,831,316	17	4,093,026	18
NON-CURRENT LIABILITIES
Financial liabilities at fair value through profit or loss - non-current (Notes 7 and 31)	1,355	-	4,640	-
Bonds payable (Note 19)	742,798	4	731,448	3
Deferred tax liabilities (Note 26)	428,160	2	429,239	2
Lease liabilities - non-current (Note 15)	11,676	-	21,034	-
Guarantee deposits received (Notes 16 and 32)	21,531	-	20,357	-
Total non-current liabilities	1,205,520	6	1,206,718	5
Total liabilities	5,036,836	23	5,299,744	23
EQUITY ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT (Note 23)
Share capital
Ordinary shares	1,957,638	9	1,957,483	9
Capital surplus	2,493,641	11	3,078,250	13
Retained earnings
Legal reserve	2,241,629	10	2,104,524	9
Special reserve	183,526	1	346,330	1
Unappropriated earnings	10,431,015	47	10,665,480	46
Total retained earnings	12,856,170	58	13,116,334	56
Other equity	(117,459)	(1)	(183,526)	(1)
Total equity	17,189,990	77	17,968,541	77
TOTAL	$ 22,226,826	100	$ 23,268,285	100

The accompanying notes are an integral part of the consolidated financial statements.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
NET REVENUE (Notes 24 and 32)	$10,723,102	100	$13,327,345	100
OPERATING COGS (Notes 11 and 32)	9,226,730	86	10,865,271	82
GROSS PROFIT	1,496,372	14	2,462,074	18
OPERATING EXPENSES (Note 32)
Selling expenses	145,021	1	155,408	1
Administrative expenses	565,943	5	537,612	4
Research and development expenses	618,658	6	516,960	4
Reversal of expected credit loss on account receivables	(986)	-	(1,257)	-
Total operating expenses	1,328,636	12	1,208,723	9
INCOME FROM OPERATIONS	167,736	2	1,253,351	9
NON-OPERATING INCOME AND EXPENSES
Interest income (Note 25)	109,633	1	129,802	1
Other income (Notes 25 and 32)	240,877	2	258,746	2
Other gains and losses, net (Note 25)	75,438	1	276,344	2
Finance costs (Note 25)	(19,619)	-	(29,050)	-
Share of profits of associates (Note 13)	(36,654)	(1)	(13,710)	-
Total non-operating income and expenses	369,675	3	622,132	5
INCOME BEFORE INCOME TAX	537,411	5	1,875,483	14
INCOME TAX EXPENSE (Note 26)	219,154	2	516,151	4
NET INCOME	318,257	3	1,359,332	10
OTHER COMPREHENSIVE (LOSS) INCOME
Item that will not be reclassified subsequently to profit or loss:
Remeasurement of defined benefit plans	2,139	-	4,493	-
Unrealized gain on investments in equity instruments at fair value through other comprehensive income	176,882	2	2,563	-
				(Continued)

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
Item that may be reclassified subsequently to profit or loss:
Exchange differences on translating the financial statements of foreign operations	$ (104,083)	(1)	$ 168,078	2
Other comprehensive income for the year	74,938	1	175,134	2
TOTAL COMPREHENSIVE INCOME	$ 393,195	4	$ 1,534,466	12
NET INCOME ATTRIBUTABLE TO:
Shareholders of the parent	$ 318,257	3	$ 1,359,332	10
Non-controlling interests	-	-	-	-
	$ 318,257	3	$ 1,359,332	10
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO:
Shareholders of the parent	$ 393,195	4	$ 1,534,466	12
Non-controlling interests	-	-	-	-
	$ 393,195	4	$ 1,534,466	12
EARNINGS PER SHARE (Note 27)
Basic	$ 1.63		$ 7.15
Diluted	$ 1.62		$ 7.11

The accompanying notes are an integral part of the consolidated financial statements. (Concluded)

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	Equity Attributable to Owners of the Company
	Ordinary Shares	Capital Surplus	Retained Earnings			Others		Equity Attributable to Owners of the Company	Total Equity
			Legal Reserve	Special Reserve	Unappropriated Earnings	Exchange Differences on Translating the Financial Statements of Foreign Exchange	Unrealized Gain (Loss) on Financial Assets at Fair Value Through Other Comprehensive Income
BALANCE ON JANUARY 1, 2024	$ 1,877,483	$ 1,807,450	$ 2,021,998	$ 320,399	$ 9,872,258	$ (292,952)	$ (53,378)	$ 15,553,258	$ 15,553,258
Appropriation of 2023 earnings
Legal reserve	-	-	82,526	-	(82,526)	-	-	-	-
Special reserve	-	-	-	25,931	(25,931)	-	-	-	-
Cash dividends to shareholders	-	(281,623)	-	-	(469,371)	-	-	(750,994)	(750,994)
Equity component of convertible bonds issued by the Company	-	233,543	-	-	-	-	-	233,543	233,543
Net income for the year ended December 31, 2024	-	-	-	-	1,359,332	-	-	1,359,332	1,359,332
Other comprehensive income for the year ended December 31, 2024, net of income tax	-	-	-	-	4,493	168,078	2,563	175,134	175,134
Total comprehensive income for the year ended December 31, 2024	-	-	-	-	1,363,825	168,078	2,563	1,534,466	1,534,466
Issuance of ordinary shares for cash	80,000	1,280,000	-	-	-	-	-	1,360,000	1,360,000
Disposal of subsidiary (Note 12)	-	-	-	-	-	(612)	-	(612)	(612)
Share-based payment	-	38,880	-	-	-	-	-	38,880	38,880
Disposal of the investment in equity instruments designed as at fair value through other comprehensive income	-	-	-	-	7,225	-	(7,225)	-	-
BALANCE ON DECEMBER 31, 2024	1,957,483	3,078,250	2,104,524	346,330	10,665,480	(125,486)	(58,040)	17,968,541	17,968,541
Appropriation of 2024 earnings
Legal reserve	-	-	137,105	-	(137,105)	-	-	-	-
Cash dividends to shareholders	-	(587,291)	-	-	(587,292)	-	-	(1,174,583)	(1,174,583)
Reversal for special reserve	-	-	-	(162,804)	162,804	-	-	-	-
Net income for the year ended December 31, 2025	-	-	-	-	318,257	-	-	318,257	318,257
Other comprehensive income (loss) for the year ended December 31, 2025, net of income tax	-	-	-	-	2,139	(104,083)	176,882	74,938	74,938
Total comprehensive income (loss) for the year ended December 31, 2025	-	-	-	-	320,396	(104,083)	176,882	393,195	393,195
Convertible bonds converted to ordinary shares	155	2,682	-	-	-	-	-	2,837	2,837
Disposal of the investment in equity instruments designed as at fair value through other comprehensive income	-	-	-	-	6,732	-	(6,732)	-	-
BALANCE ON DECEMBER 31, 2025	$ 1,957,638	$ 2,493,641	$ 2,241,629	$ 183,526	$ 10,431,015	$ (229,569)	$ 112,110	$ 17,189,990	$ 17,189,990

The accompanying notes are an integral part of the consolidated financial statements.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(In Thousands of New Taiwan Dollars)

	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Income before income tax	$ 537,411	$ 1,875,483
Adjustments for:
Depreciation expense	531,134	541,920
Expected credit recognized reversal	(986)	(1,257)
Net (gain) loss on fair value change of financial assets and liabilities at fair value through profit or loss	(25,187)	40,098
Finance costs	19,619	29,050
Interest income	(109,633)	(129,802)
Dividend income	(22,061)	(15,280)
Compensation cost of employee share options	-	38,880
Share of loss of associates	36,654	13,710
Gain on disposal of property, plant and equipment, net	(116,458)	(138,889)
Gain on disposal of subsidiaries	(689)	(612)
Gain on disposal of financial assets, net	(6,630)	(1,596)
Write-down of inventories	10,551	1,269
Gain on modification of lease	(1,348)	(74)
Changes in operating assets and liabilities
Notes receivable	10,763	(55,543)
Accounts receivable	1,326,130	(1,203,366)
Accounts receivable from related parties	6,615	(5,221)
Other receivables	(28,378)	9,387
Inventories	(34,008)	(326,327)
Other current assets	(260,739)	(26,247)
Notes payable	(16)	553
Accounts payable	(264,451)	321,197
Accounts payable to related parties	(111,069)	(18,045)
Other payables	24,909	81,082
Other payables to related parties	(55)	(1,356)
Other current liabilities	(31,457)	(255,362)
Cash generated from operations	1,490,621	773,652
Interest received	114,914	132,979
Dividends received	22,061	15,280
Interest paid	(4,034)	(31,514)
Income tax paid	(422,317)	(248,767)
Net cash generated from operating activities	1,201,245	641,630
NET CASH FLOWS FROM INVESTING ACTIVITIES
Acquisitions of financial assets at fair value through other comprehensive income	(513,442)	(3,000)
Proceeds from disposal of financial assets at fair value through other comprehensive income	10,247	9,190
Decrease (increase) in financial assets at amortized cost	1,150,966	(105,382)
		(Continued)

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	2025	2024
Acquisitions of financial assets at fair value through profit or loss	$ (40,276)	$ (26,788)
Proceeds from disposal of financial assets at fair value through profit or loss	65,428	1,596
Payments for disposal of investments accounted for using the equity method	(44,123)	-
Acquisitions for property, plant and equipment	(1,295,194)	(666,198)
Proceeds from disposal of property, plant and equipment	238,373	182,875
Decrease (increase) in refundable deposits	12,025	(5,949)
Proceeds from expropriation of land	(43,520)	(116,343)
Increase in other non-current assets	(407,422)	(375,895)
Net cash used in investing activities	(866,938)	(1,105,894)
NET CASH FLOWS FROM FINANCING ACTIVITIES
Increase (decrease) in short-term loans	334,880	(1,819,740)
Proceeds from issuance of bonds	-	963,841
Increase (decrease) in guarantee deposits received	1,113	(2,698)
Repayment of the principal portion of lease liabilities	(33,487)	(43,982)
Cash dividends	(1,174,583)	(750,994)
Issuance of ordinary shares for cash	-	1,360,000
Net cash used in financing activities	(872,077)	(293,573)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(69,298)	245,871
NET DECREASE IN CASH AND CASH EQUIVALENTS	(607,068)	(511,966)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR	2,107,388	2,619,354
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	$ 1,500,320	$ 2,107,388

The accompanying notes are an integral part of the consolidated financial statements. (Concluded)

Attachment 4

Independent Auditor's Report

The Board of Directors and Shareholders
Shin Zu Shing Co., Ltd.

Opinion

We have audited the accompanying financial statements of Shin Zu Shing Co., Ltd. (the "Company"), which comprise the balance sheets as of December 31, 2025 and 2024, and the statements of comprehensive income, changes in equity and cash flows for the years then ended, and the notes to the financial statements, including a summary of significant accounting policies (collectively referred to as the "financial statements").

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and its financial performance and its cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and the Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements for the year ended December 31, 2025. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Assessment of Revenue Recognition

Shin Zu Shing Co., Ltd. and its subsidiaries mainly engaged in the research and development, production and sales of notebook computers, liquid crystal display hubs and MIM (Metal injection molding). Considering that the auditing standards presume revenue recognition to involve significant risks, and that despite a substantial decrease in overall operating income, revenue from wearable products remained the main source of operating income for the current period. Therefore, whether the sales transactions of wearable products of Shin Zu Shing Co., Ltd. actually occurred was identified as a key audit matter.

The audit procedures performed by the accountant in response to the above key audit matter are summarized as follows:

Understand the internal control of sales revenue of wearable products and its implementation effectiveness.
For customers of wearable product sales, obtain the details of revenue recognized by accounting personnel and check whether the revenue recognition was approved by relevant personnel after evaluating the transaction conditions.
Conduct a detailed sales revenue test for wearable products to confirm that the related sales revenue transactions had actually occurred.

Responsibilities of Management and Those Charged with Governance for the Parent Company Only Financial Statements

Management is responsible for the preparation and fair presentation of the financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

Those charged with governance, including the audit committee, are responsible for overseeing the Company's financial reporting process.

Auditors' Responsibilities for the Audit of the Parent Company Only Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with the Standards on Auditing of the Republic of China, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors' report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors' report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient and appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the audit. We remain solely responsible for our audit opinion.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements for the year ended December 31, 2025 and are therefore the key audit matters. We describe these matters in our auditors' report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

The engagement partners on the audits resulting in this independent auditors’ report are Ming-Chung Hsieh and Chi-Ming Hsu.

Deloitte & Touche
Taipei, Taiwan
Republic of China

March 10, 2026

Notice to Readers

The accompanying parent company only financial statements are intended only to present the financial position, financial performance and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to audit such parent company only financial statements are those generally applied in the Republic of China.

For the convenience of readers, the independent auditors’ report and the accompanying parent company only financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors’ report and parent company only financial statements shall prevail.

(English Translation of Parent Company Only Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD.

PARENT COMPANY ONLY BALANCE SHEETS
DECEMBER 31, 2025 AND 2024
(In Thousands of New Taiwan Dollars)

ASSETS	2025		2024
	Amount	%	Amount	%
CURRENT ASSETS
Cash and cash equivalents (Notes 6 and 29)	$ 505,591	2	$ 378,261	2
Financial assets at amortized cost - current (Notes 8 and 29)	1,576,894	8	2,775,645	13
Notes receivable, net (Notes 9 and 29)	8,753	-	4,453	-
Accounts receivable, net (Notes 9 and 29)	3,280,111	16	4,324,115	19
Accounts receivable from related parties, net (Notes 9, 29 and 30)	96,606	-	58,990	-
Other receivables (Note 29)	56,599	-	31,075	-
Other receivables from related parties (Notes 9, 29 and 30)	14,505	-	-	-
Inventories (Note 10)	1,208,521	6	1,366,302	6
Other current assets	176,685	1	129,725	1
Total current assets	6,924,265	33	9,068,566	41
NON-CURRENT ASSETS
Investments accounted for using equity method (Note 11)	5,648,621	27	5,496,058	25
Property, plant and equipment (Notes 12 and 30)	5,840,583	28	5,028,991	22
Right-of-use assets (Note 13)	7,899	-	17,546	-
Investment properties, net (Note 14)	2,384,258	11	2,403,465	11
Deferred tax assets (Note 24)	19,001	-	30,715	-
Refundable deposits	6,014	-	7,399	-
Other non-current assets (Notes 15 and 20)	283,123	1	257,158	1
Total non-current assets	14,189,499	67	13,241,332	59
TOTAL	$ 21,113,764	100	$ 22,309,898	100
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Short-term loans (Notes 16 and 29)	$ 200,000	1	$ -	-
Notes payable (Note 29)	1	-	17	-
Accounts payable (Notes 18 and 29)	632,659	3	775,197	3
Accounts payable to related parties (Notes 29 and 30)	1,194,180	6	1,454,168	6
Other payables (Notes 19 and 29)	615,627	3	608,481	3
Other payables to related parties (Note 30)	5,975	-	885	-
Current tax liabilities (Note 24)	-	-	186,524	1
Lease liabilities - current (Notes 13 and 29)	5,291	-	11,634	-
Other current liabilities (Note 22)	82,384	-	120,746	1
Total current liabilities	2,736,117	13	3,157,652	14
NON-CURRENT LIABILITIES
Financial liabilities at fair value through profit or loss - non-current (Notes 7 and 29)	1,355	-	4,640	-
Bonds payable (Note 17)	742,798	4	731,448	3
Deferred tax liabilities (Note 24)	428,161	2	429,239	2
Lease liabilities - non-current (Notes 13 and 29)	2,714	-	6,127	-
Guarantee deposits received (Notes 14 and 30)	12,629	-	12,251	-
Total non-current liabilities	1,187,657	6	1,183,705	5
Total liabilities	3,923,774	19	4,341,357	19
EQUITY ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT (Note 21)
Share capital
Ordinary shares	1,957,638	9	1,957,483	9
Capital surplus	2,493,641	12	3,078,250	14
Retained earnings
Legal reserve	2,241,629	11	2,104,524	9
Special reserve	183,526	1	346,330	2
Unappropriated earnings	10,431,015	49	10,665,480	48
Total retained earnings	12,856,170	61	13,116,334	59
Other equity	(117,459)	(1)	(183,526)	(1)
Total equity	17,189,990	81	17,968,541	81
TOTAL	$ 21,113,764	100	$ 22,309,898	100

The accompanying notes are an integral part of the parent company only financial statements.

(English Translation of Parent Company Only Financial Statements Originally Issued in Chinese) SHIN ZU SHING CO., LTD.

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
NET REVENUE (Notes 22 and 30)	$ 8,888,853	100	$ 11,120,796	100
OPERATING COSTS (Notes 10 and 30)	7,787,721	87	9,140,932	82
GROSS PROFIT	1,101,132	13	1,979,864	18
UNREALIZED GAIN ON THE TRANSACTIONS WITH SUBSIDIARIES	5,720	-	1,629	-
REALIZED GAIN ON THE TRANSACTIONS WITH SUBSIDIARIES	1,629	-	2,849	-
NET GROSS PROFIT	1,097,041	13	1,981,084	18
OPERATING EXPENSES (Note 30)
Selling expenses	75,478	1	82,984	1
Administrative expenses	414,987	5	417,637	4
Research and development expenses	472,570	5	395,797	3
Total operating expenses	963,035	11	896,418	8
INCOME FROM OPERATIONS	134,006	2	1,084,666	10
NON-OPERATING INCOME AND EXPENSES
Interest income (Note 23)	57,164	1	58,691	-
Other income (Notes 23 and 30)	162,742	2	171,298	2
Other gains and losses, net (Note 23)	56,313	-	253,430	2
Finance costs (Note 23)	(18,322)	-	(26,847)	-
Share of profit of subsidiaries	124,064	1	249,178	2
Total non-operating income and expenses	381,961	4	705,750	6
INCOME BEFORE INCOME TAX	515,967	6	1,790,416	16
INCOME TAX EXPENSE (Note 24)	197,710	3	431,084	4
NET INCOME	318,257	3	1,359,332	12

(Continued)

(English Translation of Parent Company Only Financial Statements Originally Issued in Chinese) SHIN ZU SHING CO., LTD.

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
OTHER COMPREHENSIVE INCOME (LOSS)
Items that will not be reclassified subsequently to profit or loss:
Remeasurement of defined benefit plans (Note 20)	$ 2,139	-	$ 4,493	-
Unrealized loss on investments in equity instruments at fair value through other comprehensive income	176,882	2	2,563	-
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translating the financial statements of foreign operations	(104,083)	(1)	168,078	2
Other comprehensive income for the year	74,938	1	175,134	2
TOTAL COMPREHENSIVE INCOME	$ 393,195	4	$ 1,534,466	14
EARNINGS PER SHARE (Note 25)
Basic	$ 1.63		$ 7.15
Diluted	$ 1.62		$ 7.11

The accompanying notes are an integral part of the parent company only financial statements.

(Concluded)

(English Translation of Parent Company Only Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD.

PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	Ordinary Shares	Capital Surplus	Retained Earnings			Others		Total Equity
			Legal Reserve	Special Reserve	Unappropriated Earnings	Exchange Differences on Translating the Financial Statements of Foreign Operations	Unrealized Gain (Loss) on Financial Assets at Fair Value Through Other Comprehensive Income
BALANCE ON JANUARY 1, 2024	$ 1,877,483	$ 1,807,450	$ 2,021,998	$ 320,399	$ 9,872,258	$ (292,952)	$ (53,378)	$ 15,553,258
Appropriation of 2023 earnings
Legal reserve	-	-	82,526	-	(82,526)	-	-	-
Special reserve	-	-	-	25,931	(25,931)	-	-	-
Cash dividends to shareholders	-	-	-	-	(469,371)	-	-	(469,371)
Equity component of convertible bonds issued by the Company	-	233,543	-	-	-	-	-	233,543
Issuance of shares dividends from capital surplus	-	(281,623)	-	-	-	-	-	(281,623)
Net income for the year ended December 31, 2024	-	-	-	-	1,359,332	-	-	1,359,332
Other comprehensive income for the year ended December 31, 2024, net of income tax	-	-	-	-	4,493	168,078	2,563	175,134
Total comprehensive income for the year ended December 31, 2024	-	-	-	-	1,363,825	168,078	2,563	1,534,466
Issuance of ordinary shares for cash	80,000	1,280,000	-	-	-	-	-	1,360,000
Disposal of subsidiary	-	-	-	-	-	(612)	-	(612)
Share-based payment	-	38,880	-	-	-	-	-	38,880
Disposal of the investment in equity instruments designed as at fair value through other comprehensive income	-	-	-	-	7,225	-	(7,225)	-
BALANCE ON DECEMBER 31, 2024	1,957,483	3,078,250	2,104,524	346,330	10,665,480	(125,486)	(58,040)	17,968,541
Appropriation of 2024 earnings
Legal reserve	-	-	137,105	-	(137,105)	-	-	-
Cash dividends to shareholders	-	(587,291)	-	-	(587,292)	-	-	(1,174,583)
Reversal of special reserve	-	-	-	(162,804)	162,804	-	-	-
Net income for the year ended December 31, 2025	-	-	-	-	318,257	-	-	318,257
Other comprehensive income (loss) for the year ended December 31, 2025, net of income tax	-	-	-	-	2,139	(104,083)	176,882	74,938
Total comprehensive income (loss) for the year ended December 31, 2025	-	-	-	-	320,396	(104,083)	176,882	393,195
Convertible bonds converted to ordinary shares	155	2,682	-	-	-	-	-	2,837
Disposal of the investment in equity instruments designed as at fair value through other comprehensive income	-	-	-	-	6,732	-	(6,732)	-
BALANCE ON DECEMBER 31, 2025	$ 1,957,638	$ 2,493,641	$ 2,241,629	$ 183,526	$ 10,431,015	$ (229,569)	$ 112,110	$ 17,189,990

The accompanying notes are an integral part of the parent company only financial statements.

(English Translation of Parent Company Only Financial Statements Originally Issued in Chinese)

SHIN ZU SHING CO., LTD.

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Income before income tax	$ 515,967	$ 1,790,416
Adjustments for:
Depreciation expense	402,376	415,796
Net gain on fair value change of financial assets and liabilities at fair value through profit or loss	(3,292)	(252)
Finance costs	18,322	26,847
Interest income	(57,164)	(58,691)
Compensation cost of employee share options	-	38,880
Share of profit of subsidiaries	(124,064)	(249,178)
Gain on disposal of property, plant and equipment, net	(121,029)	(140,157)
Gain on disposal of subsidiaries	-	(518)
Write-down of inventories	6,000	-
Unrealized gain on transactions with associates	5,720	1,629
Realized gain on transactions with associates	(1,629)	(2,849)
Gain on modification of lease	-	(74)
Changes in operating assets and liabilities:
Notes receivable	(4,300)	(1,374)
Accounts receivable	1,044,004	(1,246,203)
Accounts receivable from related parties	(37,616)	(29,071)
Other receivables	(27,266)	11,535
Other receivables from related parties	(14,505)	-
Inventories	151,781	(240,876)
Other current assets	(46,960)	(117,387)
Notes payable	(16)	(14)
Accounts payable	(137,107)	30,684
Accounts payable to related parties	(259,988)	305,502
Other payables	(37,662)	54,084
Other payables to related parties	(341)	(935)
Other current liabilities	(38,362)	(239,481)
Cash generated from operations	1,232,869	348,313
Interest received	69,236	57,358
Interest paid	-	(19,885)
Income tax paid	(359,690)	(159,523)
Net cash generated from operating activities	942,415	226,263
CASH FLOWS FROM INVESTING ACTIVITIES
Decrease (increase) in financial assets at amortized cost	1,198,751	(83,175)
Acquisitions of investments accounted for using the equity method	(98,880)	-
Net cash proceeds from disposal of subsidiary	-	344
Acquisitions for property, plant and equipment	(831,444)	(180,989)
Proceeds from disposal of property, plant and equipment	173,797	160,681
Decrease in refundable deposit	1,385	2,471

(Continued)

(English Translation of Parent Company Only Financial Statements Originally Issued in Chinese) SHIN ZU SHING CO., LTD.

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	2025	2024
Dividends received from subsidiaries	$ 125,180	$ 204,229
Increase in other non-current assets	(397,529)	(375,905)
Net cash generated from (used in) investing activities	171,260	(272,344)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase (decrease) in short-term loans	200,000	(1,819,740)
Proceeds from issuance of bonds	-	963,841
Increase in guarantee deposits received	379	249
Repayment of the principal portion of lease liabilities	(12,141)	(15,824)
Cash dividends	(1,174,583)	(750,994)
Issuance of ordinary shares for cash	-	1,360,000
Net cash used in financing activities	(986,345)	(262,468)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	127,330	(308,549)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR	378,261	686,810
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	$ 505,591	$ 378,261

The accompanying notes are an integral part of the parent company only financial statements.

(Concluded)

Attachment 5
SHIN ZU SHING CO., LTD.
2025 Earnings Distribution Statement
Unit: NT$

Item	Subtotal	Total
Undistributed earnings at the beginning of the period
Net Income of 2025	318,256,568	10,103,887,116
Treasury stock retired
Defined benefit plan remeasurement amount recognized as retained earnings	2,139,051
The total amount of after-tax net income for the period and other items adjusted to the current year’s undistributed earnings other than after-tax net income for the period	6,732,100
The amount of net profit after tax for the period plus items other than net profit for the period included in the 2024's undistributed earnings		327,127,719
Legal Reserve (10%)
special reserve		(32,712,772)
66,066,931
Items for distribution:
Dividends to shareholders -- cash -- [email protected]	(391,527,644)	10,464,368,994
(391,527,644)
Undistributed earnings at the end of the period		10,072,841,350

Note 1: In the current earnings distribution, priority is given to the current year's earnings.
2: The distributed amount of cash dividend per share is calculated on the basis of the 195,763,822 issued shares for which change registration has been completed on March 31, 2026

Chairman: Lu, Sheng-Nan
CEO: Juan, Chao-Tsung
Head of accounting: Fan, Ya-Fen

Attachment 6

The company issued the third domestic unsecured convertible corporate bond Report

On March 1, 2024 the Board of Directors resolved to issue the third domestic unsecured convertible corporate bonds, which were approved by the Financial Supervisory Commission of the Executive Yuan on May 15, 2024, with the letter of Financial Supervisory Certificate No. 11303416551. The Taiwan Securities Exchange Corporation approved the listing of the bonds on August 23, 2024, with the letter of Securities and OTC Bond No. 11300084972.

Types of corporate bonds	The company issued the third domestic unsecured convertible corporate bond
Release date	August 23, 2024
Par Value	NT$100,000
price of issue	120.85% of the Par Value (issued at a premium, auctioned)
Total amount	NT$ 800 million
interest rate	0%
deadline	August 23,2029(Five-year term)
Reasons for fundraising	Repay bank loans and Supplement working capital
Cumulative converted amount	NT$3,100,000
Cumulative converted number of shares	Common stock 15,476 shares
Cumulative repurchase amount	NT$0
Unconverted balance	NT$796,900,000

Appendix 1

SHIN ZU SHING CO., LTD.

Articles of Incorporation

Chapter 1. General Principles

Article 1. The Company is incorporated according to the Company Act and is named "SHIN ZU SHING CO., LTD." The English name is SHIN ZU SHING CO., LTD.

Article 2. The business scope of the Company is as follows:

Manufacturing and sales of various wire and plate springs.
Manufacturing and sales of various precision steel molds, hardware machinery, electronic parts, computer parts, and auto parts.
Assembly, manufacturing and sales of various precision components.
Manufacturing, processing and trading of various screws (metal).
Manufacturing, processing and trading of various loose-proof, leak-proof sealant, and fixing glues (metal screws).
Hard-welding processing, R&D, manufacturing and trading of aerospace and motorcycle parts.
Hard welding processing, manufacturing and trading of air conditioners, refrigerating air conditioners and their components.
Manufacturing and trading of plate heat exchangers.
Manufacturing and trading of catalytic converters.
Vacuum brazing processing, manufacturing and trading of insulation series products (insulation cups, thermos bottles, insulation plates, insulation pots, incubators, etc.).
Operation of heat treatment business.
The import and export trade business of the previous products.
ZZ99999 All business items that are not prohibited or restricted by law, except those that are subject to special approval.

Article 3. The Company is headquartered in New Taipei City, Taiwan, and may establish domestic or foreign branches subject to the board of directors' approval.

Article 4. The public announcements made by the Company shall be published in accordance with the provisions of the Company Act.

Article 4-1. The Company may engage in external reinvestment due to business needs, and may be a limited liability shareholder of another company through the resolution of the board of directors, and its total investment may be exempt from the relevant reinvestment quota stipulated in Article 13 of the Company

Act.

Article 4-2. The Company may provide external guarantees.

Chapter 2. Shares

Article 5. The Company's authorized capital is set at NT$3.8 billion divided into thirty-eight million shares, all of which are ordinary shares, at ten New Taiwan dollars per share; the board of directors is authorized to issue unissued shares in installments.

NT$100 million is retained from the total capital in the first paragraph and divided into 10 million shares each with a denomination of NT$10, for the issuance of employee stock options, and the board of directors is authorized to issue such options in installments in accordance with the Company Act and relevant laws and regulations.

Article 5-1. The Company may only issue employee stock options at an exercise price lower than the market price of ordinary shares on the day of issuance after gaining the approval of two thirds of the votes represented by the attending shareholders during a shareholders' meeting where the attending shareholders represent over half of the total number of issued shares.

Before transferring shares to employees at a price lower than the average with which the shares were repurchased, the Company shall gain the approval of two thirds of the votes represented by the attending shareholders during the most recent shareholders meeting where the attending shareholders represent over half of the total number of issued shares.

Article 6. Deleted.

Article 7. The printed share certificates of the Company shall be affixed with the signature or seal of the director representing the Company, and shall be legally authenticated by a bank competent to serve as attester for the issuance of share certificates before issuance. When the Company issues new stocks, it is exempt from printing stocks, but it should contact the securities centralized custody institution for registration.

Article 8. The Company's matters related to stock affairs are handled in accordance with the Company Act and the Regulations Governing the Administration of Shareholder Services of Public Companies promulgated by the competent authority.

Article 8-1. If the Company needs to cancel publicly offered shares, the Company shall seek a special resolution during a shareholders' meeting. This Article may not be revised while the Company's stock is traded on the Emerging Stock Market and TWSE/TPEx.

Chapter 3. Shareholders' Meetings

Article 9. The Company holds general and extraordinary shareholders' meetings. General meetings are to be held once every year and shall be convened within six months after the close of each fiscal year by the board of directors in accordance with the law. Extraordinary meetings will be held according to the law whenever necessary.

Article 9-1. Shareholders' meetings shall be convened by written notice stating the date, place, and purpose dispatched to each shareholder and announced at least 30 days, in the case of ordinary meetings, and 15 days, in the case of extraordinary meetings, prior to the date set for such meeting.

With the consent of the addressee, the meeting notice may be given in electronic form. For shareholders holding less than 1,000 registered shares, the meeting notice in the preceding paragraph may be made by way of public announcement.

Article 10. If a shareholder is unable to attend the shareholders' meeting in person, a proxy may be appointed by presenting a properly sealed proxy form printed in the Company's prescribed format, while specifying the scope of delegated authority. The method for proxy attendance, except as otherwise provided by the Company Act, is understood to be handled in accordance with the "Regulations Governing the Use of Proxies for Attendance at Shareholder Meetings of Public Companies" promulgated by the competent authority.

Article 11. Each share is entitled to one vote, except when the shares are restricted to the shares under Paragraph 2, Article 179 of the Company Act.

Article 12. Unless otherwise required by relevant laws and regulations, shareholders' resolutions shall be adopted by at least a majority of the votes of shareholders present personally or by proxy at a shareholders' meeting who hold a majority of all issued and outstanding shares of the Company.

Article 12-1. Deleted.

Article 12-2. Deleted.

Article 12-3. The resolutions of the shareholders' meeting shall be recorded and handled in accordance with Article 183 of the Company Act.

Chapter 4. Directors and Audit Committee

Article 13. The Company has nine to Twelve directors (Independent directors shall not account for less than one-third of the board seats), with a term of three years, who can be re-elected. The election of directors adopts the nomination system of candidates, and the shareholders' meeting elects director from the list of candidates.

The total number of shares of the Company's registered shares held by all

directors shall be handled in accordance with the "Rules and Review Procedures for Director and Supervisor Share Ownership Ratios at Public Companies" issued by the competent authority.

The professional qualifications, shareholding, restrictions on concurrent positions, nomination and election methods and other compliance matters of independent directors shall be handled in accordance with relevant laws and regulations.

Article 13-1. The Company may establish an audit committee in accordance with Article 14-4 of the Securities and Exchange Act. The Audit Committee shall comprise of all independent directors and shall be responsible for exercising the powers of supervisors under the Company Act, the Securities and Exchange Act, and other applicable laws.

Article 14. The board of directors is formed by directors, and a chairperson shall be elected by over half of directors during a board meeting with two thirds or more of all directors in attendance from among themselves. The chairperson represents the Company externally.

Board meetings shall be convened on a quarterly basis, and directors shall be notified of a board meeting convened with proper statement of the causes seven days in advance. However, in case of any emergency, a board meeting may be convened at any time.

Notifications of board meetings as in the preceding paragraph may be in writing or via email or fax.

When a director appoints other directors to attend board meetings on his/her behalf, he/she shall issue a power of attorney and list the authorization scope with regard to the reason for convening each time.

Board meetings may be convened via video conferencing. Directors that attend board meetings via video conferencing will be deemed to have attended the meeting in person.

Article 14-1. Unless otherwise provided by the Company Act, the adoption of a resolution shall require the approval of over half of attending directors of a Board meeting attended by the over half of directors.

Article 15. If the Chairman is on leave or for any reason cannot discharge his duties, his/her acting proxy shall be elected in accordance with relevant regulations of the Company Act.

Article 16. The board of directors is authorized to execute the company's business. All matters shall be resolved by the board of directors, except for matters stipulated by the Company Act or the Company's Articles of Incorporation that shall be resolved by the shareholders' meeting.

Article 16-1. The remuneration of all directors of the Company, regardless of operating profit or loss, shall be paid based on generally accepted standards and as

authorized by the board of directors in accordance with the extent of their participation in the Company's operations and the value of their contribution.

With regard to the remuneration of independent directors, the board of directors is also authorized to determine a reasonable remuneration different from that of general directors.

Article 16-2. The Company may purchase liability insurance for the directors who are liable for compensation in accordance with the law with respect to the scope of their business execution during their term of service.

Article 16-3. The board of directors of the Company may set up a remuneration committee or other functional committees due to the needs of business operations.

Chapter 5. Managers

Article 17. The Company may establish several manager positions, and the appointment, dismissal, and remuneration of managers shall be in accordance with relevant provisions of the Company Act.

Chapter 6. Final accounts and profit distribution

Article 18. The Company prepares final accounts at the end of each fiscal year, and the board of directors compiles the following documents and submits them to the shareholders' meeting for ratification in accordance with the legal procedures.

Business Report
Financial Statements
Earnings distribution or loss replenishment proposals.

Article 19. If the Company has profits for the year (the so-called profits refer to profit before tax) before deduction of employee remuneration and directors' remuneration, no less than 2% shall be allocated for employee remuneration (No less than 60% of the employee remuneration amount under this item shall be distributed to grassroots employees.) and no more than 2% for director's remuneration. However, if the company still has accumulated losses (including adjustments to the amount of undistributed earnings), it shall reserve the amount of compensation for accumulated losses in advance, and then calculate the provisions based on the remaining balance.

Employees of subsidiaries of the company meeting certain requirements may be entitled to receive the aforementioned remuneration in the form of cash or shares. The remuneration of the directors in the preceding paragraph can only be paid in cash.

All matters related to the payment of employee remuneration and directors' remuneration are handled in accordance with relevant laws and regulations, determined by the board of directors, and reported to the shareholders' meeting.

Article 20. If there is any surplus in the final accounts of the Company for each fiscal year, it shall be distributed in the following order:

Withholding taxes.
Making up for losses, if any.
Withdraw 10% as the statutory reserve (except when the statutory reserve has reached the total capital).
Allocation or reversal of a special reserve in accordance with laws or regulations.
If any Income remains, a proposal for distribution of the remainder together with undistributed profits in the previous years as shareholders' dividends and bonuses shall be prepared by the board of directors and then submitted to the shareholders' meeting for resolution.

Article 20-1. Deleted.

Article 20-2. The Company is currently in the stage of operating growth, and must use retained earnings to meet operating growth and investment needs. At this stage, it adopts a residual dividend policy.

In order to meet the needs of business expansion and industry growth, the Company's future dividend policy will be based on the Company's future capital expenditure budget and considerations of capital needs. Earnings can be distributed in the form of cash dividends or stock dividends, but the cash dividend must not be less than 10% of total dividends.

Chapter 7. Appendix

Article 21. Any matters not addressed in the Articles of Incorporation shall be governed by the Company Act.

Article 21-1. Deleted.

Article 22. These Articles of Incorporation were established on May 10, 1968

The first revision was on November 3, 1974

The second revision was on August 25, 1977

The third revision was on August 20, 1979

The fourth revision was on September 15, 1981

The fifth revision was on September 25, 1982

The sixth revision was on November 25, 1982

The seventh revision was on January 16, 1983

The eighth revision was on June 1, 1986

The ninth revision was on November 22, 1989

The tenth revision was on December 17, 1989

The eleventh revision was on August 15, 1994

Twelfth revised on March 15, 1995

The thirteenth revision was on December 2, 1996

The fourteenth revision was on May 15, 1997

The fifteenth revision was on September 15, 1997

The sixteenth revision was on June 15, 1999
The seventeenth revision was on December 31, 2000
The eighteenth revision was on December 25, 2001
The nineteenth revision was on June 20, 2002
The twentieth revision was on December 30, 2002
The twenty-first revision was on September 19, 2003
The twenty-second revision was on April 30, 2004
The twenty-third revision was on March 22, 2005
The twenty-fourth revision was on March 22, 2005
The twenty-fifth revision was on November 9, 2005
The twenty-sixth revision was on May 24, 2006
The twenty-seventh revision was on June 13, 2007
The twenty-eighth revision was on June 13, 2008
The twenty-ninth revision was on June 19, 2009
The thirtieth revision was on June 17, 2010
The thirty-first revision was on June 15, 2011
The thirty-second revision was on June 15, 2012
The thirty-third revision was on June 13, 2013
The thirty-fourth revision was on June 12, 2014
The thirty-fifth revision was on June 15, 2016
The thirty-sixth revision was on June 22, 2017
The thirty-seventh revision was on June 21, 2018
The thirty-eighth revision was on June 18, 2019
The thirty-nine revision was on June 10,2025

SHIN ZU SHING CO., LTD.

Chairman: Sheng-Nan Lu

Appendix 2

SHIN ZU SHING CO., LTD.

Rules of Procedure for the Shareholders' Meeting

Article 1: To establish a strong governance system and sound supervisory capabilities for the Company's shareholders' meetings, as well as to strengthen management capabilities, these Rules are adopted pursuant to Article 6 of the Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies.

Unless otherwise provided by law and regulations, the Company's shareholders' meetings shall proceed according to these Rules.

Article 2: The shareholders mentioned in these rules refer to the shareholders themselves or the agents entrusted by the shareholders to attend shareholders' meetings as listed in the shareholders' register.

For each shareholders' meeting, a shareholder may appoint a proxy to attend the meeting by providing the proxy form issued by the Company and stating the scope of the proxy's authorization.

A shareholder may issue only one proxy form and appoint only one proxy for any given shareholders' meeting, and shall deliver the proxy form to the Company 5 days before the date of the shareholders' meeting. When proxy forms are delivered repeatedly, the one received earliest shall prevail. unless a declaration is made to cancel the previous proxy appointment.

Article 3: Unless otherwise provided by law or regulations, the Company's shareholders' meetings shall be convened by the Board of Directors.

The convening of the regular shareholders meeting shall be notified to all shareholders 30 days in advance. For shareholders holding less than 1,000 registered shares, announcement may be made by entering the information on the Market Observation Post System (MOPS) 30 days in advance. The convening of the extraordinary shareholders meeting shall be notified to all shareholders 15 days in advance. For shareholders holding less than 1,000 registered shares, announcement may be made by entering the information on the MOPS 15 days in advance. The reasons for convening a shareholders' meeting shall be specified in the meeting notice and public announcement.

Election or dismissal of directors, amendments to the Articles of Incorporation, capital reduction, application for cessation of status as a public company, removal of non-compete clause for directors, capitalization of profits, capitalization of reserve, dissolution, merger, or demerger of the company, or any matter under each Subparagraph of Paragraph 1, Article 185 of the Company Act and Articles 26-1

and 43-6 of the Securities and Exchange Act shall be set out in the notice of the reasons for convening the shareholders' meeting along with descriptions of their main content. None of the above matters may be raised by an extraordinary motion.

Article 4: Where shareholders' meetings are convened by the board of directors, they shall be chaired by the chairperson of the board. When the chairperson is absent or unable to exercise his/her duty for any reason, the chairperson shall appoint a director as acting chairperson. If the chairperson does not appoint an acting chairperson, the directors should select an acting chairperson from among themselves. If the shareholders' meeting is convened by a person entitled to do so other than the chairperson, that person shall act as the chair. If two or more persons are entitled to call the shareholders' meeting, those persons shall elect one person to act as the chair.

The chair of the preceding paragraph is a person who is represented by a director who has served for more than six months and understands the company's financial business conditions. The same applies if the chair is the representative of an institutional director.

The shareholders' meeting convened by the board of directors should be attended by more than half of the directors of the board of directors.

Article 5: Venue of shareholders' meetings shall be where the Company is located or a different location convenient for shareholders to attend and for the meeting to be held with a commencement time no earlier than 9:00 a.m. or later than 3:00 p.m. The place and time of convening the meeting shall take into full consideration the opinions of independent directors.

Article 6: The Company shall specify in the notice of meeting the time and location of the place of registration for shareholders, as well as other matters that attention should be paid to.

The time for accepting shareholder registration should be at least 30 minutes before the start of the meeting; the registration area should be clearly marked, and adequate and competent personnel should be sent to handle the procedures.

Shareholders themselves or proxies appointed by shareholders (hereinafter referred to as shareholders) shall attend shareholders' meetings based on attendance cards, sign-in cards, or other certificates of attendance. Solicitors soliciting proxy forms shall also bring identification documents for verification.

When attending the shareholders' meeting, attending shareholders should sign in the attendance book or hand in the sign-in card in lieu of signing in. Attendance and voting at a shareholders' meeting shall be calculated based the number of shares.

The number of shares in attendance shall be calculated according to the shares indicated by the attendance book and sign-in cards handed in plus the number of

shares whose voting rights are exercised by correspondence or electronically.

The Company shall furnish attending shareholders with the meeting procedures manual, annual report, attendance card, speech notes, voting slips, and other meeting materials. Where there is an election of directors, pre-printed ballots shall also be furnished.

Article 7: When the government or a juristic person is a shareholder, it may be represented by more than one representative at a shareholders meeting. If a proxy appointed by a shareholder to attend is a legal person, the legal person may only appoint one person to attend the shareholders meeting.

In the event an institutional shareholder assigns two or more representatives to attend the shareholders' meeting, only one of the representatives may speak on any single agenda item.

Article 8: The chair shall announce the commencement of the meeting when the scheduled time arrives. If the number of shareholders present represent less than half of all voting rights, the chair may delay the meeting. A meeting may be delayed twice for a combined maximum of one hour. If after two postponements the number of shareholders present is still insufficient while representing at least one third of the total issued shares, provisional resolutions may be adopted in accordance with Article 175 Paragraph 1 of the Company Act. However, for special resolutions stipulated by the Company Act, the resolutions shall be made in accordance with the provisions of the Company Act.

If prior to the end of the meeting the shareholders present represent at least half of the total issued shares, the chair may resubmit the provisional resolutions adopted by the meeting for a vote in accordance with Article 174 of the Company Act.

Article 9: The agenda of a shareholders' meeting convened by the board of directors shall be decided by the board. The meeting shall proceed according to the agenda unless changed by a shareholders' meeting resolution.

The above provision applies mutatis mutandis to cases where the meeting is convened by any person, other than the board of directors, entitled to convene such meeting.

Unless by the resolution of the shareholders' meeting, the chair may not declare the meeting adjourned until all items on the agenda (including extraordinary motions) arranged as per the preceding two paragraphs have been completed. However, when disorder or other circumstances make it difficult for the meeting to proceed normally, the chair may announce the adjournment of the meeting. During a shareholders' meeting, if a meeting is declared adjourned due to violation of the rules of procedure by the chair, attending shareholders may elect a chair to resume the meeting with the consent of one half of the votes represented by shareholders

present. The chair shall allow ample opportunity during the meeting for explanation and discussion of proposals and of amendments or extraordinary motions put forward by the shareholders; when the chair is of the opinion that a proposal has been discussed sufficiently to put it to a vote, the chair may announce the discussion closed and call for a vote.

Article 10: Before speaking, an attending shareholder must specify on a speech note the subject of the speech, his/her shareholder account number (or attendance card number), and account name. The order in which shareholders speak will be set by the chair. Where attending shareholders submit speech notes but do not make a statement, they are deemed to not have spoken; if the contents of the statement do not conform to the contents of the speech note, the contents of the statement shall govern.

Unless given consent by the chair and the speaking shareholder, other shareholders may not speak to interrupt when a shareholder is speaking; otherwise the chair shall stop the interruption.

Unless permitted by the chair, no shareholder may speak more than twice regarding the same proposal (including reported items, discussions, elections, and extraordinary motions), and shall not speak for more than five minutes each time. If a shareholder violates the rules outlined in the preceding paragraph or goes beyond the scope of proposals in speaking, the chair may stop him/her from speaking.

After a shareholder present at the meeting speaks, the chair may reply in person or assign relevant personnel to reply.

Article 11: With respect to resolutions of shareholders' meetings, the number of shares held by a shareholder with no voting rights shall not be calculated as part of the total number of issued shares.

When a shareholder is an stakeholder in relation to an agenda item, and there is the likelihood that such a relationship would prejudice the interests of the Company, that shareholder may not vote on that item, and may not exercise voting rights as proxy for any other shareholder.

The number of shares for which voting rights may not be exercised under the preceding Paragraph shall not be calculated as part of the voting rights represented by attending shareholders.

With the exception of a trust enterprise or a shareholder services agent approved by the competent securities authority, when one person is concurrently appointed as proxy by two or more shareholders, the voting rights represented by that proxy may not exceed 3 percent of the voting rights represented by the total number of issued shares. If that percentage is exceeded, the voting rights in excess of that percentage shall not be included in the calculation.

Article 12: Unless otherwise provided by the Company Act or the Articles of Incorporation, a

proposal shall be approved by the consent of more than half of the votes of shares represented by shareholders present. In voting, a proposal is considered approved if the chair receives no dissenting opinions after requesting, which has the same effect as voting by ballot. When voting, the chair or a designated person shall announce the total voting rights of the shareholders present on a case-by-case basis.

When the Company holds a shareholders meeting, it may allow the shareholders to exercise voting rights by correspondence or electronic means; When voting rights are exercised by correspondence or electronic means, the method of exercise shall be specified in the shareholders' meeting notice. A shareholder exercising voting rights by correspondence or electronic means will be deemed to have attended the meeting in person, but to have waived his/her rights with respect to extraordinary motions and amendments to original proposals of that meeting.

Where there is an amendment or an alternative for a proposal, the chairperson shall determine the order in which they are to be voted on with the original proposal. When any one of them is passed, the other proposals will then be deemed rejected, and no further voting shall be required.

Article 13: Vote monitoring and counting personnel for the voting on a proposal shall be appointed by the chair, provided that all monitoring personnel shall be shareholders of the Company.

The counting of votes for shareholders' meetings or election proposals shall be done in a public place at the shareholders' meeting, and after the counting of votes is completed, the voting results shall be announced on the spot, including statistical weights, and shall be recorded.

Article 14: The Company may designate retained lawyers, certified public accountants or relevant personnel to attend the shareholders' meeting.

Staff handling administrative affairs of a shareholders' meeting shall wear identification cards or arm bands.

Article 15: The Company shall record and video the shareholder registration process, the meeting process, and the vote counting process from the moment of accepting the registration of shareholders. The audio-visual materials mentioned in the preceding paragraph shall be kept for at least one year. However, if a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the recording shall be retained until the conclusion of the litigation.

Article 16: While the shareholders' meeting is in session, the chair may at his/her discretion allocate and announce time for breaks. If a force majeure event occurs, the chair may rule the meeting temporarily suspended and announce a time when, in view of the circumstances, the meeting will be resumed.

If the meeting venue is no longer available for continued use and not all of the items (including extraordinary motions) on the meeting agenda have been

addressed, the shareholders' meeting may adopt a resolution to resume the meeting at another venue.

A resolution may be adopted at a shareholders' meeting to defer or resume the meeting within 5 days in accordance with Article 182 of the Company Act.

Article 17: The election of directors at a shareholders' meeting shall be held in accordance with the applicable election and appointment rules adopted by the Company, and the voting results shall be announced on-site.

The ballots for the election referred to in the preceding Paragraph shall be sealed with the signatures of the vote monitoring personnel and kept in proper custody for at least 1 year. However, if a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the recording shall be retained until the conclusion of the litigation.

Article 18: The chair may instruct the proctors (or security personnel) to assist in maintaining order in the meeting venue. While assisting in maintaining order at the venue, the proctors (or security personnel) shall wear arm-bands reading "Proctor."

When a shareholder violates the Rules of Procedure and defies the chair's admonitions, obstructing the proceedings and refusing to heed calls to stop, the chair may direct the proctors or security personnel to escort the shareholder out of the meeting.

Article 19: Matters relating to the resolutions of a shareholders' meeting shall be recorded in the meeting minutes. The meeting minutes shall be signed or sealed by the chair of the meeting and a copy distributed to each shareholder within 20 days after the conclusion of the meeting.

For shareholders holding less than 1,000 registered shares, the Company may distribute the meeting minutes of the preceding Paragraph by means of a public announcement made through the MOPS.

The meeting minutes shall accurately record the year, month, day, and place of the meeting, the chair's full name, the methods by which resolutions were adopted, and a summary of the deliberations and their results, and shall be retained for the duration of the existence of the Company.

The resolution method in the preceding paragraph is based on the chair's consultation with shareholders. If the shareholders have no objection to the proposal, it should be stated that the resolution has been "approved by the chairman's consultation with all shareholders present without objection"; however, when shareholders disagree with the proposal, the method of voting and the number of voting rights and the ratio of the number of voting rights should be stated.

Article 20: On the day of a shareholders' meeting, the Company shall compile in the prescribed format a statistical statement of the number of shares obtained by solicitors through

solicitation and the number of shares represented by proxies, and shall make an express disclosure of the same at the place of the shareholders' meeting.

If matters put to a resolution at a shareholders' meeting constitute material information under applicable laws or regulations, or under Taiwan Stock Exchange Corporation (or Taipei Exchange) regulations, the Company shall upload the content of such resolution to the MOPS within the prescribed time period.

Article 21: Matters not covered in these Rules shall be handled at the chair's discretion.

Article 22: These Rules shall come into force upon the approval of the shareholders' meeting, as shall any amendment.

Appendix 3

SHIN ZU SHING CO., LTD.

Shareholdings of Directors

Title	Name	Number of shares held	Percentage (%)
Chairman	Sheng-Nan Lu	17,226,346	8.80%
Director	Chao-Tsung Juan	377,642	0.19%
Director	Yu-Chi Lu	-	-
Director	Ying-Fu Mao	-	-
Director	Cheng-Han Hsieh	-	-
Director	Yuan-Long Chang	-	-
Independent Director	Chi-Fa Cheng	-	-
Independent Director	Darren Shih	-	-
Independent Director	Mei-Hui Li	5,159	0.00%
Total		17,609,147	8.99%

I. In accordance with the provisions of the "Regulations Governing Content and Compliance Requirements for Shareholders' Meeting Agenda Handbooks of Public Companies," the number of shares held by all directors of the Company as recorded in the shareholder register (see the above table) on the ex-dividend date (April 11, 2026) shall be disclosed.

II. According to Article 2 of the "Rules and Review Procedures for Director and Supervisor Share Ownership Ratios at Public Companies", the minimum number of shares that all directors should hold is 11,745,829 shares.

III. The number of shares held by all directors complies with the law.

AI assistant

SZS AGM Information 2026

52319_rns_2026-05-21_9d78e0fd-604a-4b3b-9be6-e49fdb469b51.pdf

2026 Annual Shareholders' Meeting Meeting Agenda

Table of Contents

SHIN ZU SHING CO., LTD.

Company reports

Matters for ratification

Matters for discussion

Questions and Motions

Adjournment

Overview of the 2026 Business Plan

Other Matter

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

Auditors' Responsibilities for the Audit of the Consolidated Financial Statements

Notice to Readers

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

Responsibilities of Management and Those Charged with Governance for the Parent Company Only Financial Statements

Auditors' Responsibilities for the Audit of the Parent Company Only Financial Statements

Notice to Readers

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

Attachment 6

The company issued the third domestic unsecured convertible corporate bond Report

Chapter 2. Shares

Chapter 3. Shareholders' Meetings

Chapter 4. Directors and Audit Committee

Chapter 5. Managers

Chapter 6. Final accounts and profit distribution

Chapter 7. Appendix

SHIN ZU SHING CO., LTD.

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SZS — AGM Information 2026

52319_rns_2026-05-21_9d78e0fd-604a-4b3b-9be6-e49fdb469b51.pdf

2026 Annual Shareholders' Meeting Meeting Agenda

Table of Contents

SHIN ZU SHING CO., LTD.

Company reports

Matters for ratification

Matters for discussion

Questions and Motions

Adjournment

Overview of the 2026 Business Plan

Other Matter

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

Auditors' Responsibilities for the Audit of the Consolidated Financial Statements

Notice to Readers

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

Responsibilities of Management and Those Charged with Governance for the Parent Company Only Financial Statements

Auditors' Responsibilities for the Audit of the Parent Company Only Financial Statements

Notice to Readers

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

Attachment 6

The company issued the third domestic unsecured convertible corporate bond Report

Chapter 2. Shares

Chapter 3. Shareholders' Meetings

Chapter 4. Directors and Audit Committee

Chapter 5. Managers

Chapter 6. Final accounts and profit distribution

Chapter 7. Appendix

SHIN ZU SHING CO., LTD.

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SZS AGM Information 2026