Clarification of Media Reports
 2021-11-08

1.Date of occurrence of the event:2021/11/08

2.Company name: KWONG LUNG ENTERPRISE CO.,LTD.

3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):head office

4.Reciprocal shareholding ratios: N/A

5.Name of the reporting media: Commercial Times(A10)/The Liberty Times(A10)

6.Content of the report:

1).Commercial Times:.....Garment revenue will return to double-digit growth in 2022.

2).The Liberty Times:...the revenues will reach double-digit growth in this year.

7.Cause of occurrence: Media Reports

8.Countermeasures:

1)The company has not disclosed any  financial forecast information to the public.

2)The company's financial information is only being publicly announced through the MOPS.

9.Any other matters that need to be specified: N/A