Longwell : To clarify the media reporting

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Provided by: LONGWELL COMPANY
SEQ_NO	1	Date of announcement	2022/04/25	Time of announcement	14:58:13
Subject	To clarify the media reporting
Date of events	2022/04/25	To which item it meets	paragraph 53
Statement	1.Date of occurrence of the event:2022/04/25 2.Company name:LONGWELL COMPANY 3.Relationship to the Company (please enter "head office" or "subsidiaries"):head office 4.Reciprocal shareholding ratios:N/A. 5.Name of the reporting media:Economic Daily News 6.Content of the report: (1)The legal entity estimates that the 2022Q1 EPS is about NTD1, which is better than 2021Q4 NTD 0.42.The EPS for 2022 whole year is at least NTD5. (2)What is the Company's progress and prospects in electric vehicle? The Company received a new order from R Company recently, but the Company has been overloaded with cases. Now, it is expected to start shipping in May or June, and with a more prosperous in second half of the year. Longwell Company is the main supplier for the cloud servers of IBM and Amazon, and one of Apple's suppliers. Longwell Company has manufactured high-current and high-voltage products for decades, so these electric vehicle manufacturers have asked Longwell Company to be the supplier. In addition, electric vehicle industry is growing rapidly, the gross profit of electric vehicle is also higher than that of consumer electronic products, and Longwell Company must has to catch up with the growth of electric vehicle industry. 7.Cause of occurrence:Mass Mass media report. 8.Countermeasures: (1)The company's financial business forecast in the report is speculated by the media. (2)The relevant information please refer to the company's announcement at the website of the Taiwan Stock Exchange. (3) The shipment information of customer products in the report is purely an estimate by the legal person and is not provided by the Company. (4)Regarding the relevant reports by media, the investors should judge carefully to protect their own rights. 9.Any other matters that need to be specified:None.