|Announced the endorsement guarantee over-limit improvement plan|
1.Date of occurrence of the event:2021/09/23
2.Company name:Manumech Corporation
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiary
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
(1)On the Financial Supervision and Administration Commission's letter of No.11003581391 dated September 11,2021.
(2)Because Manumech Corporation's net worth declined,the endorsement guarantee exceeded the limit.
(1)Reduce the endorsement guarantee before October 31.2021
(2)Increase sales revenue
7.Any other matters that need to be specified:
Before the implementation of the improvement plan is completed,the implementation status will be announced quarterly and reportedto the board of directors on a quarterly basis, and the implementationstatus will be reported at the next shareholders meeting.