Yue Yuen Industrial : MONTHLY REVENUE ANNOUNCEMENT FOR MARCH 2021

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YUE YUEN INDUSTRIAL (HOLDINGS) LIMITED

裕 元 工 業（ 集 團 ）有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 00551)

MONTHLY REVENUE ANNOUNCEMENT FOR MARCH 2021

For the purposes of the International Accounting Standards, the Company is regarded as a subsidiary of PCC, a company listed on the TSEC, which is now indirectly holding a controlling interest in the Company through its subsidiaries. PCC publishes monthly revenue announcement as required by the Taiwan Stock Exchange Regulations.

As PCC today announces certain of its consolidated financial information, the Company makes this announcement in order to ensure that timely information are disseminated to investors in compliance with paragraph 13.09(2) of the Listing Rules and Part XIVA of the SFO.

For the purposes of the International Accounting Standards, Yue Yuen Industrial (Holdings) Limited (the "Company") is regarded as a subsidiary of Pou Chen Corporation ("PCC"), a company listed on the Taiwan Stock Exchange Corporation ("TSEC"), which is now indirectly holding a controlling interest in the Company through its subsidiaries. Pursuant to the Taiwan Stock Exchange Corporation Regulations Governing Information Reporting by Listed Companies (as amended from time to time) (the "Taiwan Stock Exchange Regulations"), PCC is required to issue an announcement of its preceding month's consolidated revenue before the 10th day of each calendar month with TSEC.

The purpose of this announcement is to disclose simultaneously the related financial information of the Company as consolidated in the said monthly consolidated revenue of PCC to the Hong Kong public in order to ensure that timely information are disseminated to investors, in compliance with paragraph 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules") and Part XIVA of the Securities and Futures Ordinance (Cap.571) ("SFO"). The following items are extracted from the unaudited management accounts of the Company and its subsidiaries.

• For identification purpose only

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Month: March 2021

Net consolidated operating revenue (i.e. equal to the total sales less sales discount and   sales return) of the Company for the current month (USD'000): 870,883

Net consolidated accumulative operating revenue of the Company for the three months   ended March 31, 2021 (USD'000): 2,493,217

By Order of the Board

Yue Yuen Industrial (Holdings) Limited

Lu Chin Chu

Chairman

Hong Kong, April 12, 2021

As at the date of this announcement, the directors of the Company are:

Executive Directors:

Mr. Lu Chin Chu (Chairman), Ms. Tsai Pei Chun, Patty (Managing Director), Mr. Chan Lu Min, Mr. Lin Cheng-Tien, Mr. Hu Chia-Ho, Mr. Liu George Hong-Chih and Mr. Yu Huan-Chang.

Independent Non-executive Directors:

Mr. Wong Hak Kun, Mr. Ho Lai Hong, Ms. Yen Mun-Gie (also known as Teresa Yen) and Mr. Chen Chia-Shen.

Website: www.yueyuen.com

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