Announces correction of partial information of
GMTC's 2020 annaul report
Date of events
2022/03/18
To which item it meets
paragraph 53
Statement
1.Date of occurrence of the event:2022/03/18
2.Company name:GLORIA MATERIAL TECHNOLOGY CORP
3.Relationship to the Company (please enter "head
office" or "subsidiaries"):The company itself.
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
Disclosure of more information of GMTC's 2020 annaul report.
6.Information items/ statements to be corrected:2020 annaul report.
Disclosure of more information:"Directors and managers have moral hazard
risk or other risk events that have a negative impact on the company's image
and goodwill, inadequate internal management, personnel malpractice, etc.
After comprehensive consideration of the goal achievement rate, profit rate,
operational efficiency, and contribution of directors and managers, the
remuneration ratio shall be calculated and reasonably given."
Disclosure of more information:"Accounting and Statistics Office of Financial
Department"
Disclosure of more information:"The company's dividend policy is based on the
current and future development plans, considering the investment environment,
capital needs ,domestic and foreign competition , and taking into account the
shareholders' interests. Dividends shall be paid out in cash or in stock, and
not be less than 50% of the total dividends.""If the Financial statements has
a surplus, it is estimated that Distribution of Profits will be allocated at
least 50% of the net profit.
7.Amounts/ contents/ number of page to be corrected:
Annual report in Chinese version, P35；in English version, P46
Annual report in Chinese version, P63；in English version, P88
Annual report in Chinese version, P79；in English version, P109
8.Amounts/ contents/ number of page after correction:
Annual report in Chinese version, P35；in English version, P46
Annual report in Chinese version, P63；in English version, P88
Annual report in Chinese version, P79；in English version, P109
9.Countermeasures:Re-upload the 2020 annual report after correction.
10.Any other matters that need to be specified:NA
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Disclaimer
Gloria Material Technology Corp. published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 01:00:05 UTC.
Gloria Material Technology Corp is a Taiwan-based company principally engaged in the manufacturing and distribution of special steel materials. The Company provides steel products, including carbon steel, special steel, alloy steel, super alloy and titanium alloy; steel manufacturing equipment, including steel-smelting equipment, forging equipment, roll milling equipment, finishing equipment and components, as well as vehicle components, nuclear power generation equipment and aerospace components, among others. The Company is also involved in the provision of related engineering consulting services, the manufacture and distribution of steel structures, as well as products and raw materials import and export trading. The Company distributes its products in domestic and foreign markets.
GLORIA MATERIAL TECHNOLOGY CORP. 
