Polytronics Technology : On behalf of subsidiary Kunshan Polystar Electronics Co., Ltd to report the temporary suspension of production from April 2 to April 6.
On behalf of subsidiary Kunshan Polystar
Electronics Co., Ltd to report the temporary suspension
of production from April 2 to April 6.
Date of events
2022/04/02
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/02
2.Company name:Kunshan Polystar Electronics Co., Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiary
4.Reciprocal shareholding ratios:100%
5.Cause of occurrence:Because of Kunshan Government's April 1 order for
production suspension upon all companies located at Kunshan under its
covid-19 policy, Polystar's production line will be suspended from
April 2 to April 6, 2022.
6.Countermeasures:
(1) To cooperate with government policy, Polystar's production line will
be suspended from April 2 to April 6, 2022. The resumption date will be
April 7, 2022.
(2)Polystar will take contingency measures to ensure the safety and health
of employees in accordance with local government regulations.
7.Any other matters that need to be specified:The temporary suspension of
production has no material impact on its business and financials.
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Polytronics Technology Corporation published this content on 02 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 April 2022 07:33:02 UTC.
Polytronics Technology Corporation is principally engaged in the research, development, manufacture and distribution of protection components and heat dissipation materials. The main products include polymeric positive temperature coefficient (PPTC) thermistors, transient voltage suppressor (TVS), thyristor surge suppressor (TSS), thermal panels for light emitting diodes (LED) lighting and backlighting, as well as LED lamps, among others.
Polytronics Technology : On behalf of subsidiary Kunshan Polystar Electronics Co., Ltd to report the temporary suspension of production from April 2 to April 6.