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TPK reports the corresponding measures of the subsidiaries in Fujian Province regarding China power cuts policy

2021-10-07
 

1.Date of occurrence of the event:2021/10/07
2.Company name:TPK Holding Co., Ltd.
3.Relationship to the Company (please enter ”head office” or
  ”subsidiaries”):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:Implement the rolling blackouts plan
to cooperate with China's power cuts policy.
6.Countermeasures:
(1)TPK's plants will implement the rolling blackouts plan in accordance
with local government's power cuts policy. However, the company will
rearrange the production schedule and adjust existing inventory level to
alleviate the power outage impacts.
(2)The production schedule of each plant in TPK group will be timely
adjusted by the following power cuts policy from China government.
7.Any other matters that need to be specified:
It has no significant impact on the company's operations.

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