Announced on behalf of the subsidiary that
the board of directors of Taiwan GPP Inc. has decided
to suspend the factory
Date of events
2022/04/15
To which item it meets
paragraph 3
Statement
1.Date of occurrence of the event:2022/04/15
2.Cause of the event:In order to avoid the expansion of losses, it is planned
change company's business model toward trading, and no longer engage in
manufacturing matters.
3.Comparison of production capacity for the most recent three fiscal years
and following the decrease in production:2019 - 635,129；
2020 - 654,905；2021 - 537,081.
4.Comparison of production output for the most recent three fiscal years and
following the decrease in production:2019 - 193,825 pcs chips；
2020 - 136,299 pcs chips；2021 - 177,559 pcs chips.
5.Production capacity of the fully or partially suspended work items:
537,081.
6.Production output of the fully or partially suspended work items:
177,559 pcs chips.
7.Share of the company operating revenue that the fully or partially
suspended work items account for:About 6%
8.Itemized details of outleased Company plant or principal equipment:NA
9.Share of total assets that the outleased Company plant or principal
equipment account for:NA
10.Itemized details of pledged or mortgaged assets:NA
11.Share of total assets that the pledged or mortgaged assets account for:NA
12.Decision-making process:After the resolution of the board of directors, a
press conference was held at the Taiwan Stock Exchange Co., Ltd. at 6:00 p.m.
on 2022/04/15.
13.Any other matters that need to be specified:The case was approved by the
board of directors to authorize the chairman to handle follow-up related
matters.
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Disclaimer
HY Electronic (Cayman) Ltd. published this content on 15 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2022 10:09:04 UTC.
HY Electronic (Cayman) Limited is a Cayman Islands-based company engaged in the design, development, manufacture, and sale of power discrete semiconductors. The Companyâs product categories include Diode, Bridge Rectifier, Protection Device, Automotive Device, press fit, MosFETs, Small Signal Diode, and Power Management. Its diode products include High Efficiency and Ultra-Fast Recovery Diode, Superfast Recovery Rectifiers, Schottky Rectifiers, Low VF Schottky Barrier Diode, High Voltage Glass Passivated Rectifiers, and Silicon Carbide Schottky Diodes, among others. Its bridge rectifier products include Standard Bridge Rectifiers, Low VF Bridge Rectifiers, Fast Recovery Bridge Rectifiers, Three-Phase Bridge Rectifiers, and Schottky Barrier Bridge Rectifiers. Its protection device products include Transient Voltage Suppressors Diode (TVS), Zener Diode, and Electrical Static Discharge Guard. Its small signal diode products include switching diodes, transistors, MOsFET, and others.
HY ELECTRONIC (CAYMAN) LIMITED 
