UPC Technology Corporation announced fire incident in the company's Linyuan Plant. On the night of January 29, 2021, a fire broke out in production line Special Plasticizer of the company's Linyuan plant. The solid raw material ignited by fire source, the cause of which has not been determined. The operator tried to do firefighting immediately, notified the fire brigade, initiated internal emergency procedures, and recalled staff to support. There is no casualties. The company has insured commercial fire comprehensive insurance and business interruption insurance. The amount of claims would be estimated after investigated by the insurance company and the notary public. The fire caused damage to the special plasticier plant, and the impact of other production lines (PA and DOP, etc.) need further evaluation. Before the lost production capacity is recovered, the existing inventory and the dispatch of subsidiaries in mainland China and Southeast Asia can fully support the needs of the market. In addition, the eco-friendly plasticizer located in the Linhai plant is no affect.