Announcement on behalf of two subsidiaries
in Shanghai to comply local government's
epidemic prevention Policies.
Date of events
2022/03/23
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/03/23
2.Company name:SHANGHAI G-SHANK PRECISION MACHINERY CO.,
LTD. and SHANGHAI G-SHANK PRECISION HARDWARE CO.,LTD
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:85% and 85%
5.Cause of occurrence:
The Originally scheduled for resuming operation at 2022/3/23 5 pm
of G-SHANK's subsidiaries, SHANGHAI G-SHANK and SHANGHAI
G-SHANK PRECISION HARDWARE, has been cancelled Since
authorities are imposing lockdown restrictions in Shanghai.
All of the companies, stores and the sites for business
operation, are not allowed to resume operation and production.
We will announce the operation time after local government
lift the restrictions.
6.Countermeasures:
The subsidiaries as above will continue to pay close attention
to the epidemic situation and our employees' health and
comply to local government's regulations.
7.Any other matters that need to be specified:
The subsidiaries as above will adjust the capacity
and shipment after resuming operation, and minimize the impact.
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Disclaimer
G-Shank Enterprise Co. Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 08:03:00 UTC.
G Shank Enterprise Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sales of stamping parts and industrial molds. The Company's parts products include precision terminals, memory card connector shells, backlight panels, structural parts, heat dissipation substrates and others. Mold products include stamping and insert injection molds for precision parts such as computers, consumer electronics, communication electronics, automotive electronics and medical electronics. Jigs include assembly of manual lines or special machine machining parts. The Company is also engaged in the resale purchase of other components, parts and raw materials.