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Dear Investors,

YG Group-KY (1589) hereby announces its self-settling financial results for the year 2021 and the 4th quarter of 2021.

2021 Annual Financial Results

w   Consolidated revenue for the year was NT $ 8.948 billion, an increase of 9.3% over last year.

w   The tonnage shipped this year was 194,813 tons, an increase of 10.4% over the same period last year. The revenue composition ratio of each product is renewable energy (47.5%), injection molding machine (25.1%), and industrial machinery (27.4%).

w   Consolidated gross margin for the year was 20%, a decrease of 2 percentage points from 20% last year.

w   The net operating margin for the year was 4%, a decrease of 2 percentage points from last year's 6%.

w   Net profit after tax for the current year was NT $ 214 million, a decrease of NT $ 303 million from the net profit after tax of NT $ 517 million last year.

w   Earnings per share for the year were NT $ 1.95, a decrease of NT $ 2.86 from the net profit per share of NT $ 4.81 last year.

w   2021 Revenue and annual growth rate:

w   Although in 2021 the demand for renewable energy products in China¡¯s onshore wind energy market is lower than 2020 levels (after government subsidies ran out), due to the gradual decline of COVID-19 daily confirmed cases around the world in 2021 and COVID-19-related restrictions are lifted, the global economic development growth rate was substantial and led to rising demand for injection molding machines and industrial machinery products. In the end Yeong Guan was able achieved a new record in annual shipments and turnover since its public listing in 2012.

2021 Q4 Financial Results

w   Consolidated revenue for the quarter was NT $ 2.297 billion, an increase of 1.2% from the previous quarter and a decrease of 7.7% from the same period last year.

w   The tonnage shipped during the quarter was 49,209 tons, a decrease of 0.7% from the previous quarter and a decrease of 8.2% from the same period last year. The revenue composition ratio of each product is renewable energy (41.12%), injection molding machines (30.65%), and industrial machinery (28.23%).

w   Consolidated gross margin for the quarter was 16%, a decrease of 1 percentage point from the previous quarter's 17%; a decrease of 9 percentage points from the 25% for the same period last year.

w   The net operating margin for the quarter was 0%, a decrease of 1 percentage point from the previous quarter's 1%; a decrease of 8 percentage points from the same period last year 8%.

w   Net loss after tax for the quarter was NT $ 82 million, net profit after tax for the previous quarter was NT $ 29 million, and net profit after tax for the same period last year was NT $ 229 million; loss per share for the quarter was NT $ 0.72. The earnings per share for last quarter was NT $ 0.27, and the net profit per share for the same period last year was NT $ 2.11.

w   This quarter, due to strong demand from wind power customers and the gradual recovery of injection molding machine and industrial machinery demand as economic development begins to recover after the epidemic, there was a slight increase in revenue and shipment when compared to the previous quarter.

2022 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".

w   In the first quarter of 2022, in order to avoid the resurgence of the COVID-19 virus, the Chinese government required companies in Mainland China to encourage their employees to spend their Chinese New Year holidays without travels to decrease the risk of community infection caused by gatherings and taking public transportation. Under the leadership of Yeong Guan¡¯s management, all employees cooperated and assisted with all local government's epidemic prevention policies, and thus all Yeong Guan subsidiaries resumed work from February 10 and achieved a work resumption rate of more than 98%. In order to ensure that the Group¡¯s subsidiaries are protected against the virus, and to avoid being shutdown as a result of positive COVID-19 diagnosis amongst the work force, Yeong Guan arranged for employees who traveled during the holiday to be self-isolated at home to ensure their health prior to returning to work. Therefore, there is no COVID-19 infection thus far in all subsidiaries of the group and it is expected that production in March will be restored to normal production capacity.

w   Looking forward to the 2022 shipment target, considering higher demand from the Chinese onshore wind energy market, Yeong Guan can set our annual shipment volume target to between 195,000-200,000 tons.

Revenue and Shipment by quarter

Investor Relations

Kevin Tsai

Investor Relations, Assistant General Manager

Add: 4F., No93, Xinhu 1^St Rd., Neihu Dist., Taipei, Taiwan(R.O.C.)

Tel : +886-2-2791-7198 ext.17

Mobile : +886-978-705-865

E-mail : ir@ygget.com

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.