Announcement on behalf of two subsidiaries in Shanghai to comply local government's epidemic prevention Policies.
· Issued by G-shank Enterprise Co., Ltd.
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Today's Information
Provided by: G-SHANK ENTERPRISE CO.,LTD.
SEQ_NO
1
Date of announcement
2022/04/06
Time of announcement
15:51:31
Subject
Announcement on behalf of two subsidiaries
in Shanghai to comply local government's
epidemic prevention Policies.
Date of events
2022/04/06
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/06
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:
The Originally scheduled for 4-day lockdown from 2022/4/1
to 2022/4/5 of G-SHANK's subsidiaries, SHANGHAI G-SHANK and
SHANGHAI G-SHANK PRECISION HARDWARE has been suspend
due to local serious epidemic situaction.
All the enterprises are required to temporarily stop production,
we will announce the resuming time after local government lift
the restrictions.
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 contact
with customers to reschedule the delivery to minimize the impact.