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Dear Investors,

    YG Group-KY (1589) hereby announces its financial results for the 1st quarter of 2021.

2021 Q1 Financial Results

           ¡ô   Consolidated revenue for Q1 was NT$2.15 billion, a decrease of 14% over the last quarter but an increase of 90% compared with the

               same period last year. The revenue composition ratio of each product is renewable energy (60.3%), injection molding machine (18.4%), and

               industrial machinery (21.3%).

           ¡ô   The tonnage shipped this quarter was 45,622 tons, a decrease of 15% over the last quarter but an increase of 88% compared with the

                same period last year.

           ¡ô   Consolidated gross margin for the quarter was 26%, an increase of 1 percentage

                points from 25% last quarter, and an 15 percentage points gain from 11% of the same period last year.

           ¡ô   The net operating margin for the quarter was 9%, similar from the previous quarter's 9%; an increase of 19 percentage points from the

                same period last year¡¯s -10%.

           ¡ô   The net operating profit was NT$200 million, the previous quarter¡¯s operating net profit was NT$212 million, and the net operating loss

                for the same period last year was NT$111 million.

           ¡ô   Net profit after tax for the quarter was NT $ 125 million, net profit after tax for the previous quarter was NT $ 230 million, and net

                loss after tax for the same period last year was NT $ 113 million; net earnings per share for the quarter was NT $ 1.13. The net earnings

                per share for last quarter was NT $ 2.11, and the net loss per share for the same period last year was NT $ 1.06.
           ¡ô   2021 Q1 Revenue and annual growth rate£º                                        

    In order to avoid the resurgence of the COVID-19 virus, the Chinese government encouraged local companies to ask their employees to spend the Chinese New Year holidays without travelling in order to reduce the risk of infection spreading stemming from family gatherings and taking public transportation. Under the leadership of Yeong Guan Group management, all of our employees cooperated to assist the local government with all epidemic prevention policies, and thus all of our subsidiaries resumed business on time (between February 16-17) and achieved a workers availability rate of more than 98%. Coupled with the continued strong demand in the wind power markets in China, Europe and the United States, and the monthly increase in orders for injection molding machines/industrial machinery customers, the company's revenue and shipments in the first quarter of 2021 both achieved a record high compared with previous Q1s.

Operational Outlook

The following statements about future prospects are based on expectations of the current situation, but at the same time subject to known or unknown risks or uncertainties. Please refer to the attached "Disclaimer".

&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;¡ô&²Ô²ú²õ±è;&²Ô²ú²õ±è; Although the renewed spread of the COVID-19 epidemic in India is very worrying, the health situation in the company's main customer

                base (Mainland China, Europe, America) is relatively stable, so our production and revenue will not be affected by the recent COVID

                crisis in India.

&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;&²Ô²ú²õ±è;¡ô&²Ô²ú²õ±è;&²Ô²ú²õ±è; On the eve of the termination of the onshore wind power subsidies in the Chinese and US markets, wind farm developers rushed to install

                wind farms in order to obtain subsidies, resulting in a world record in newly installed wind capacity in 2020. At the end of 2021, the

                offshore wind energy subsidy in the Chinese market will expire, which will also drive the Chinese offshore wind energy market to rush

                new projects and increase the demand for offshore wind turbine castings in the region, but the demand for onshore wind energy will

                return to a more normal level. The demand for injection molding machines and industrial machinery customers has increased by more

                than 30% compared to last year. This is mainly due to the strong economic recovery in mainland China and the stimulation of economic

                development and expansion of infrastructure in various countries (primarily in the EU and US). In 2021, it is expected that injection

                molding  machines and industrial machinery business will increase significantly and become the main driving force for this year's

                performance growth.

           ¡ô   Looking forward to the 2nd quarter, considering that the company's capacity utilization rate remains high, the visibility of customer

                orders has increased significantly to 3 to 6 months, and customer demand in the three major markets has stabilized. The company's

                shipments can be expected to increase on the basis of the first quarter.

Revenue and Shipment by quarter

Safe Harbor Notice

This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as required by law, we undertake no obligation to update any forward ¨C looking statements, whether as a result of new information, future events or otherwise.