Announced the endorsement guarantee over-limit improvement plan
 2021-09-23

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.

6.Countermeasures:

(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.