Merida Industry Co., Ltd. announced that Cai, Xue-liang; Qiu, Li-qing, Li, Zong-ying, and Zhuang Wen-jing, were replaced by Lo, Tsai-Jen, Tseng Ching-Cheng as Director and Wing Tsai, and Lei, Xin-rong as Independent Directors, effective August 4, 2021.