HORNG SHIUE : To correct partial notes of the Company Consolidated Financial Statements for the year 2021

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Provided by: HORNG SHIUE HOLDING Co., Ltd.
SEQ_NO	1	Date of announcement	2022/06/07	Time of announcement	10:52:02
Subject	To correct partial notes of the Company Consolidated Financial Statements for the year 2021
Date of events	2022/06/06	To which item it meets	paragraph 51
Statement	1.Date of occurrence of the event:2022/06/06 2.Company name:HORNG SHIUE HOLDING Co., Ltd. 3.Relationship with the Company (please enter "the company itself" or "subsidiaries"):the company itself 4.Reciprocal shareholding percentage:NA 5.Cause of occurrence:Correction of operations improvement and financial measures 6.Information items/ statements to be corrected:To correct the note 12(4) operations improvement and financial measures department information on page 52 of the Company Consolidated Financial Statements for the year 2021. 7.Amounts/ contents/ number of page to be corrected: Note 12(4) on page 52 of the Company Consolidated Financial Statements for the year 2021. 12(4) operations improvement and financial measures As of December 31, 2011, the Group's short-term borrowings and long-term liabilities due within one year or one operating cycle amounted to $364,619 and $413,545, respectively, and the current ratio and quick ratio were 0.93 and 0.31, respectively, compared with the current ratio and quick ratio as at 31 December were 0.91 and 0.31; increased by 2.20% and remained unchanged by 0.00%. The Group has formulated the following countermeasures to continuously improve its operational and financial position: 1. Operational performance: The ministry of commerce has successively signed external orders in 2011. In addition, the foreign-related orders signed in 2010 have been shipped out one after another. It is expected that the first half of the year will enter the peak period of payment collection. In addition, the order signing of the commercial sector in 2021 was in good condition. It is expected that the overall collection status this year will be stable and improved compared with the past, which will definitely improve the operational performance this year and ensure operational safety. 2. Financial status: The main measure of the finance department is to arrange the outflow of funds to achieve the purpose of capital balance. In the 2021, by sorting out the customer credit classification, the payment rhythm was adjusted according to the age of the account. Arrange capital expenditures prudently to avoid inefficiencies; internally emphasize cost control to increase revenue and reduce expenditure. 3. Cash flow: In terms of financing negotiation with banks or financial institutions, actively strive for favorable measures, and at the same time moderately increase some financing loans, and adjust the debt structure through monthly installment repayment. 8.Amounts/ contents/ number of page after correction: Note 12(4) on page 52 of the Company Consolidated Financial Statements for the year 2021. 12(4) operations improvement and financial measures As of December 31, 2011, the Group's short-term borrowings and long-term liabilities due within one year or one operating cycle amounted to $364,619 and $413,545, respectively, and the current ratio and quick ratio were 0.93 and 0.31, respectively, compared with the current ratio and quick ratio as at 31 December were 0.91 and 0.31; increased by 2.20% and remained unchanged by 0.00%. The Group has formulated the following countermeasures to continuously improve its operational and financial position: 1. Operational performance: The Ministry of Commerce has successively signed external orders in 2011. In addition, the foreign-related orders signed in 2010 have been shipped out one after another. It is expected that the first half of 2011 will enter the peak period of payment collection. In addition, the order signing of the commercial department in 2011 was in good condition. It is expected that the overall collection situation in 2011 will be stable and higher than before, which will definitely improve the operational performance this year and ensure operational safety. 2. Financial status: The main measure of the finance department is to reasonably arrange the outflow of funds to achieve the purpose of capital balance.In 2021, by sorting out the customer credit classification, the payment rhythm was adjusted according to the age of the account. Arrange capital expenditures prudently to avoid inefficiencies; internally emphasize cost control to increase revenue and reduce expenditure. 3. Cash flow: In terms of financing negotiation with banks or financial institutions, actively strive for favorable measures, and at the same time moderately increase some financing loans, and adjust the debt structure through monthly installment repayment. 9.Countermeasures: Re-upload the corrected data to the Market Observation Post System. 10.Any other matters that need to be specified:None