| 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. |