Namchow Holdings Co., Ltd.TWSE: 1702

Announcement of approval by local government for resumption of work on behalf of subsidiary Shanghai Namchow Food Co., Ltd.

· Issued by Namchow Holdings Co., Ltd.
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Provided by: Namchow Holdings Co., Ltd.
SEQ_NO 1 Date of announcement 2022/03/18 Time of announcement 17:59:27
Subject
 Announcement of approval by local government for
resumption of work on behalf of subsidiary Shanghai
Namchow Food Co., Ltd.
Date of events 2022/03/18 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/03/18
2.Company name:Shanghai Namchow Food co., Ltd.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):Subsidiary
4.Reciprocal shareholding ratios:
  The Company indirectly holds 80.94% of shares of the subsidiary
5.Cause of occurrence:
  The Company announced on March 16, 2022, that the subsidiary Shanghai
  Namchow Food Co., Ltd.'s Jinshan Plant 1 would implement 48-hour
  closed-loop management for plant-wide nucleic acid testing in cooperation
  with the local government's anti-pandemic policy, so it would suspend work
  temporarily from March 16, 2022. With the negative test results of all
  employees at the plant, the local government has approved the resumption of
  the plant's production activities from today.
6.Countermeasures:
  It will continue to cooperate with the local government's various
  anti-pandemic measures to ensure the employees' safety and health.
7.Any other matters that need to be specified:None

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