Correction announcement of consolidated financial
statements for the year,2021
Date of events
2022/04/08
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/08
2.Company name:Grand Ocean Retail Group Limited
3.Relationship with the Company (please enter "the company itself"
or "subsidiaries"):the company itself
4.Reciprocal shareholding percentage:N/A
5.Cause of occurrence:Correction of the part of financial statements
for the year, 2021.
6.Information items/ statements to be corrected:
Loans to other parties (Appendix 1) and guarantees and endorsements
for other parties (Appendix 2) of the financial statements for the year,2021
7.Amounts/ contents/ number of page to be corrected:
(1)Contents:the information of loans to other parties (Appendix 1)
Number of page:P.62
Quanzhou Grand Ocean Commercial Ltd. loan to Sanhohsiensen Commercial Ltd.:
Financing limits for each borrowing company: 13,696 thousand
Financing company's total financing amount limits:13,696 thousand
(2)Contents:the information of guarantees and endorsements
for other parties (Appendix 2)
Number of page:P.63
(A)Grand Ocean Classic Commercial Group Co. guarantee and endorse for
Grand Ocean Retail Group Limited
Financing limits for each company: 69,997,960 thousand
Financing company's total financing amount limits:69,997,960 thousand
(B)Grand Ocean Classic Commercial Group Co. guarantee and endorse for
Grand Citi Limited
Financing limits for each company: 69,997,960 thousand
Financing company's total financing amount limits:69,997,960 thousand
(C)Fuzhou Grand Ocean Commercial Ltd. guarantee and endorse for
Grand Ocean Classic Commercial Group Co.
Financing limits for each company: 17,537,875 thousand
Financing company's total financing amount limits:17,537,875 thousand
8.Amounts/ contents/ number of page after correction:
(1)Contents:the information of loans to other parties (Appendix 1)
Number of page:P.62
Quanzhou Grand Ocean Commercial Ltd. loan to Sanhohsiensen Commercial Ltd.:
Financing limits for each borrowing company: 311,958 thousand
Financing company's total financing amount limits:311,958 thousand
(2)Contents:the information of guarantees and endorsements
for other parties (Appendix 2)
Number of page:P.63
(A)Grand Ocean Classic Commercial Group Co. guarantee and endorse for
Grand Ocean Retail Group Limited
Financing limits for each company: 69,926,345 thousand
Financing company's total financing amount limits:69,926,345 thousand
(B)Grand Ocean Classic Commercial Group Co. guarantee and endorse for
Grand Citi Limited
Financing limits for each company: 69,926,345 thousand
Financing company's total financing amount limits:69,926,345 thousand
(C)Fuzhou Grand Ocean Commercial Ltd. guarantee and endorse for
Grand Ocean Classic Commercial Group Co.
Financing limits for each company: 17,466,260 thousand
Financing company's total financing amount limits:17,466,260 thousand
9.Countermeasures:Reissue the revised filing to MOPS and IFRSs iXBRL
10.Any other matters that need to be specified:N/A
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Disclaimer
Grand Ocean Retail Group Ltd. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 07:18:01 UTC.
Grand Ocean Retail Group Limited is a Taiwan-based company mainly engaged in the operation of department store retail business. The Company operates in two business segments. The Department Store segment is engaged in the department store retail business. The Investment segment is engaged in the investment funds, stocks and derivative financial products related business. The Company's main business products include clothing, jewelry, cosmetics, footwear, sporting goods as well as household goods, among others. The Company mainly operates its business in second and third-tier cities in China, including Nanjing, Wuhan, Chongqing, Xiâan, Fuzhou, Suzhou, Quanzhou, Xiangtan, Hengyang, Yichang and Hefei. Its terminal customers are primarily consisted of general consumers. The Company generated its revenue from the counters associated operations, counters direct operations, and rents and other income.
GRAND OCEAN RETAIL GROUP LTD. 
