Walsin Lihwa Corporation

07/27/2024 | Press release | Distributed by Public on 07/27/2024 04:47

Typhoon Gaemi has had no significant financial and operational impact.

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Provided by: WALSIN LIHWA CORPORATION
SEQ_NO 1 Date of announcement 2024/07/27 Time of announcement 18:45:22
Subject
 Typhoon Gaemi has had no significant financial
and operational impact.
Date of events 2024/07/27 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2024/07/27
2.Company name:Walsin Lihwa Corporation
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:Due to the impact of Typhoon Gaemi, Walsin's stainless
steel plant in Yenshui District, Tainan has temporarily shut down for
approximately two weeks starting from July 26, 2024.
6.Countermeasures:Inspect and repair partial equipment.
7.Any other matters that need to be specified (the information disclosure
  also meets the requirements of Article 7, subparagraph 9 of the Securities
  and Exchange Act Enforcement Rules, which brings forth a significant impact
  on shareholders rights or the price of the securities on public companies.):
Due to flooding caused by Typhoon Gaemi, Walsin's stainless steel plant in
Yenshui District, Tainan has temporarily shut down for approximately two
weeks starting from July 26, 2024.  We will inspect and repair the affected
equipment. The delay has impacted some orders, resulting in postponed
shipments. However, insurance will cover the damage to equipment and
other losses.  Overall, there is no significant impact on finance and
operations.