Announcements of subsidiaries, KUNSHAN ANLI PRECISE METAL CO., LTD., in line with the local government’s power restriction policy

Announcements of subsidiaries, KUNSHAN ANLI PRECISE METAL CO., LTD., in line with the local government’s power restriction policy
Material Information
  1. Date of occurrence of the event:2021/09/27
     
  2. Company name:KUNSHAN ANLI PRECISE METAL CO., LTD.
     
  3. Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiaries
     
  4. Reciprocal shareholding ratios:100%
     
  5. Cause of occurrence: Kuanshan city govement notified to temporarily shotdown the power supply for industrial production from 12 noon on September 26 to 24:00 on September 30,and the company cooperated with the shutdown to suspend the production.
     
  6. Countermeasures:
    1. During the period, the subsidiaries supply the finished products inventory to the customers, also coordinate production with other plants within the Group,and the subsidiaries will arrange overtime production in the weekends or national holidays, to meet the customer needs.
    2. Closely observe the follow-up development situation.
       
  7. Any other matters that need to be specified: The 4 working days suspension has not yet caused a significant impact.