Announcement on behalf of subsidiaries in Shanghai are allowed to resume operation by local government. (update the previous material information on 2022/3/23)
· Issued by G-shank Enterprise Co., Ltd.
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Today's Information
Provided by: G-SHANK ENTERPRISE CO.,LTD.
SEQ_NO
2
Date of announcement
2022/03/23
Time of announcement
18:35:46
Subject
Announcement on behalf of subsidiaries in Shanghai
are allowed to resume operation by local government.
(update the previous material information on 2022/3/23)
Date of events
2022/03/23
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/03/23
2.Company name:SHANGHAI G-SHANK PRECISION MACHINERY CO.,
LTD. and SHANGHAI G-SHANK PRECISION HARDWARE CO.,LTD
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:85% and 85%
5.Cause of occurrence:
G-SHANK's subsidiaries, SHANGHAI G-SHANK and SHANGHAI
G-SHANK PRECISION HARDWARE, are allowe to resume the operation
because authorities have finished screening test and lifted
lockdown restrictions in Shanghai.
All of the business allowed to resume the operation from today.
6.Countermeasures:
The subsidiaries as above will continue to pay close attention
to the epidemic situation and our employees' health and
comply to local government's regulations.
7.Any other matters that need to be specified:
The subsidiaries as above will adjust the capacity
and shipment after resuming operation, and minimize the impact.
