天美麻花星空九一

Aug 17, 2023

Dear Investors,

YG Group-KY (1589) hereby announces its financial results for the 2nd quarter of 2023.

2023 Q2 Financial Results

w Consolidated revenue for Q2 was NT$2.34 billion, an increase of 5.6% over the last quarter and an increase of 0.5% compared with the same period last year. The revenue composition ratio of each product is renewable energy (50.6%), injection molding machine (18.8%), and industrial machinery (30.6%).

w The tonnage shipped this quarter was 46,970 tons, an increase of 5.9% over the last quarter and a decrease of 0.8% compared with the same period last year.

w Consolidated gross margin for the quarter was 19%, same as the last quarter, and 6 percentage points increase from 13% of the same period last year.

w The net operating margin for the quarter was 4%, a reduction of 1% from the previous quarter's 5%; an increase of 5 percentage points from the same period last year’s -1%.

w The net operating profit was NT$ 105 million, the previous quarter’s operating net profit was NT$ 102 million, and the net operating loss for the same period last year was NT$ 17 million.

w Net profit after tax for the quarter was NT $ 80 million, net profit after tax for the previous quarter was NT $ 69 million, and net loss after tax for the same period last year was NT $ 91 million; net profit per share for the quarter was NT $ 0.73. The net profit per share for last quarter was NT $ 0.62, and the net earnings per share for the same period last year was NT $ -0.81.

w   2023 Q2 Revenue and annual growth rates:

w   The consolidated revenue in the second quarter was the same as with period last year, indicating that the global economy has changed rapidly this year. In particular, the economic recovery in mainland China has been weaker than expected and has rapidly reversed and slipped to the level during the epidemic this quarter. Moreover, not only the poor market conditions in the industrial machinery and injection molding machine industries due to sluggish foreign trade exports and sluggish domestic demand, but also the wind power industry was affected by weak economics, resulting in delayed demand and customers' purchasing process. Therefore, the proportion of shipments of energy products showed a more obvious quarterly decline.

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   Looking forward to the third quarter, although raw material prices may continue to remain low and benefit gross profit performance, it is expected that the status of customer purchases may be lower than that in 23Q1 and Q2, which will also affect the growth momentum of annual shipments.

w Yeong Guan Group has actively planned to develop new customers and develop new products as a response, and strengthen the penetration of the third world wind power market demand, and will also seek more business opportunities in the European and Japanese markets.

Revenue and Shipment by Quarter

Investor Relations

Nick Lee

Investor Relations

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

Tel : +886-2-2791-7198

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 – looking statements, whether as a result of new information, future events or otherwise.