Announcement on behalf of important subsidiary to cooperate with the local government in China on epidemic prevention measures

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Event Date
2022/03/15
Company Name
Ability Technology (Dongguan) Co., Ltd.
Relation to the Company
Subsidiary
Reciprocal shareholding Ratios
100%
Cause of occurrence
Our important subsidiary, Ability Technology (Dongguan) Co., Ltd is required to respond to the Dongguan local policy of “Compassing Management Policy”- Class Suspension, Transportation Control, Factory Production Non-Stop.
(1) Traffic has been controlled in some areas of Dongguan, and during the control period, the vehicles can pass with permits only for the necessity of epidemic prevention & control, emergency rescue, PCR test, daily life supplies.
(2)  Control Period: 2022/03/15 – 2022/03/21
Countermeasure
(1) By local government regulations, we take precautionary measures against epidemics and take PCR tests for all employees in the factory to ensure the safety and health of our employees.
(2) The factory’s production is continued without any suspension.
(3) Closely liaise with customers and suppliers to adjust, in case, the arrangement of material preparation and shipment at any time
Any other matters that need to be specified
(1) There has been no serious impact on our finance and revenue till now.
(2) We shall closely pay attention to the Dongguan pandemic development and make announcements if there is any new situation or impact.
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