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Announced on behalf of Snowdown Merchandise (SuZhou) Co.,Ltd. to cancel the announcement of the investment on November 8, 2019
 2020-12-11

1.Date of occurrence of the event:2020/12/11

2.Company name:Snowdown Merchandise (SuZhou) Co.,Ltd.

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

4.Reciprocal shareholding ratios:100% owned subsidiary

5.Cause of occurrence:

The company decided to cancel the investment plan (USD 10,000,000) resolved on November 8, 2019.

6.Countermeasures:NA

7.Any other matters that need to be specified:none