1. Date of fact: 109 / 02 / 03

2. Company Name:

Ningbo Yongxiang Foundry Co., Ltd., Dongguan Yongguan Foundry Co., Ltd., Ningbo Lulin Machinery Foundry Co., Ltd

Jiangsu gangrui Precision Machinery Co., Ltd. and Shanghai No.1 Machine Tool Foundry (Suzhou) Co., Ltd.

3. Relationship with the company (please enter the company or subsidiary): subsidiary.

4. Cross shareholding ratio: 100% except 95.1% of Shanghai Machine Tool Foundry (Suzhou) Co., Ltd.

5. Cause: not applicable.

6. Response measures:

The company's mainland production bases are located in Dongguan, Guangdong Province, Ningbo, Zhejiang Province, Wujiang, Jiangsu Province and Liyang, Jiangsu Province

(1) At present, there are no cases of infection among employees in mainland production sites. The company has paid close attention to the new coronavirus

The epidemic situation of pneumonia and the possible impact of public health control on the operation of factories in different regions should be known at any time.

(2) The company's mainland production base originally cooperated with the local government to resume work, which was postponed until February 10.

We are considering to cooperate with the local government's anti epidemic policy. In addition, since most of the company's employees are from other places, there will still be reasons after returning to work

Force majeure factors such as traffic jam when returning to the work place from the place of residence during the Spring Festival, the need for self isolation of migrant population for 2 weeks, etc

Therefore, in order to cooperate with the epidemic prevention work and consider the health and safety of employees as the first and foremost condition, the resumption date is postponed to February

On May 17, appropriate adjustments were made depending on the follow-up development of the epidemic.

7. Other items to be stated: none.