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    A Generation Transition: CoreTech System Appointed New Chairman and CEO


    CoreTech System Co., Ltd. (Moldex3D) announced the appointments of Dr. David
    Hsu as its new Chairman, and Dr. Venny Yang as the new Chief Executive Officer
    effective April 19, 2022. Dr. Rong-Yeu Chang, founder of CoreTech System,
    announced his resignation as Chairman and CEO, and assumed new roles as
    Honorary Chairman and Chief R&D Consultant.

    Under Dr. Rong-Yeu Chang’s leadership, Moldex3D has established a rock-solid
    foundation and realized great success in product quality, brand awareness, and
    business expansion. His contribution is well acknowledged. Today, Dr. David Hsu and
    Dr. Venny Yang, former deputy CEOs and students of Dr. Chang, became the new
    Chairman and CEO who will carry on the abundant experiences of their predecessor
    and teacher. “Moldex3D has been committed to providing the most advanced
    molding simulation technology, investing in research and development, and helping
    enterprises to pursue digital transformation,” said Dr. Chang. With confidence, he
    entrusts the new Chairman and CEO to build upon these objectives and their
    respective prowess to take Moldex3D to the next level. As the Honorary Chairman
    and Chief R&D Consultant, Dr. Chang will continue to assist Moldex3D in
    strengthening its capabilities and talents in R&D with his three-decade-long ample

    Dr. David Hsu and Dr. Venny Yang expressed their gratitude towards Dr. Chang’s
    mentorship and guidance over the past years. Holding the corporate culture of
    integrity and reliability, they look forward to building a better working environment
    and visions. With the core values of molding simulation and the incorporation of the
    concept of “Digital Twin” and material big data, Dr. David Hsu and Dr. Venny Yang
    aim at shaping Moldex3D into a world-class professional enterprise with state-of-
    the-art expertise.