Namchow Holdings Co., Ltd.TWSE: 1702

Announcement of suspension of work in cooperation with the local government's anti-pandemic policy 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 2022/03/16 Time of announcement 17:54:50
Subject
 Announcement of suspension of work in cooperation
with the local government's anti-pandemic policy on behalf
of subsidiary Shanghai Namchow Food Co., Ltd.
Date of events 2022/03/16 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/03/16
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:
  To cooperate with the local government's anti-pandemic policy, factory of
  Shanghai Namchow Food Co., Ltd. has implemented 48-hour closed-loop
  management for nucleic acid testing and will temporarily suspend work from
  now on. Follow-up in cooperation with the relevant regulations of the
  local government.
6.Countermeasures:
  (1)The company has transferred the production capacity to other production
     factories and supply chains to ensure normal supply of products, so
     there is no significant impact on the company's financial business.
  (2)The company's factories have also taken anti-pandemic measures at the
     same time, including factory-wide nucleic acid testing, to ensure
     employees' safety and health.
7.Any other matters that need to be specified:None

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