Announcement on behalf of subsidiary to cooperate with local government's temporary production suspension order
· Issued by Dyaco International Inc.
Close
Today's Information
Provided by: Dyaco International Inc.
SEQ_NO
1
Date of announcement
2022/03/30
Time of announcement
17:47:35
Subject
Announcement on behalf of subsidiary
to cooperate with local government's temporary
production suspension order
Date of events
2022/03/30
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/03/30
2.Company name:Shelton Corporation (Jiaxing), Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Subsidiary
4.Reciprocal shareholding ratios:60%
5.Cause of occurrence:The Company's subsidiary in China,
Shelton Corporation (Jiaxing), Ltd., will suspend production
temporarily in accordance with local government's order to
prevent the spread of COVID. Production will
resume upon notification from the goverment.
6.Countermeasures:The Company will adjust production to other
manufacturing sites, so impact to the Company is currently limited.
7.Any other matters that need to be specified:None.