THC - Taiwan Hon Chuan Enterprise Co. Ltd.

06/23/2022 | Press release | Distributed by Public on 06/22/2022 21:40

Details on the judgment of the criminal court of first instance by Taiwan Taichung District Court regarding the case of violating Air Pollution Control Act in 2018.

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Provided by: Taiwan Hon Chuan Enterprise Co., Ltd.
SEQ_NO 2 Date of announcement 2022/06/23 Time of announcement 11:33:33
Subject
 Details on the judgment of the criminal court of
first instance by Taiwan Taichung District Court regarding
the case of violating Air Pollution Control Act in 2018.
Date of events 2022/06/23 To which item it meets paragraph 2
Statement
1.Parties to the legal matter:
The Company, chairman of the company Dai, Hung-Chuan,and related personnel.
2.Name of the court or punishing agency of the legal matter:
Taiwan Taichung District Court
3.Reference/Case number of relevant documents of the legal matter:
2019-Su-Zi No. 2479.
4.Date of occurrence of the event:2022/06/23
5.Details of occurrence (including the matter under dispute):
The Taiwan Taichung District Court, on June 23, 2022, sentenced the Company,
Chairman, Dai, Hung-Chuan, and President, Tsao, Hsih-Chung, to be found
guilty and in conjunction with a fine of NT$ 23.50 million for violating
the Air Pollution Control Act in 2018.
6.Handling procedure:
On the Judicial Yuan's website, the Company learned that result of the
judgment of 2019-Su-Zi No. 2479 on June 23 at 8.00 a.m. The Company has not
yet received the judgment, so we will discuss the subsequent appeal after
receiving it.
7.Impact on the Company's finance and business and projected amount:
The business is continuing as usual, and no any significant impact to the
Company's business operations and financials.
8.Countermeasures and improvement status:
The environmental safety and reporting negligence have been improved.
The Company comprehensively complies with the regulations, actively promotes
ESG(Environmental,Social and Governance) and other aspects.
We will fulfill our corporate social responsibility, operating performance,
and contribute to the society, shareholders and employees.
9.Any other matters that need to be specified:N/A