Sheng Yu Steel Co., Ltd. announced that Board of Directors resolved to set up Sustainable Development Committee with the following member effective from November 11, 2022: (1) Ching-Chun Sheu: Director and President of Sheng Yu Steel Co.,Ltd.; (2) Ying-Fang Huang: Independent Director of Sheng Yu Steel Co.,Ltd.; and (3) Fang-Yih Hsu: Independent Director of Sheng Yu Steel Co.,Ltd.