Announcement on behalf of the subsidiaries for Closed-loop production can be gradually resumed by the permission of local government
· Issued by Giant Manufacturing Co., Ltd.
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Today's Information
Provided by: GIANT MANUFACTURING CO., LTD.
SEQ_NO
1
Date of announcement
2022/04/28
Time of announcement
11:04:54
Subject
Announcement on behalf of the subsidiaries for
Closed-loop production can be gradually resumed by
the permission of local government
Date of events
2022/04/28
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/28
2.Company name:
Giant (China) Co.,Ltd.
Giant Electric Vehicle (Kunshan) Co.,Ltd.
Giant (Kunshan) Co.,Ltd.
D.Mag (Kunshan) New Material Technology Co.,Ltd
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:100%&60%
5.Cause of occurrence:
In line with the local government's Epidemic Prevention and
Control policy,the factories received the permission so that
Closed-loop production can be resumed from April 28
6.Countermeasures:
We will work overtime to catch up with production capacity after
the resumption of work.
which has no significant impact on the operation of the whole year.
7.Any other matters that need to be specified:None
