The loss of individual contracts of the company's
derivative products reaches the upper limit of 20% of
the transaction value.
Date of events
2022/08/15
To which item it meets
paragraph 20
Statement
1.Type of contract:Equity linked commodities
2.Date of occurrence of the event:2022/08/15
3.Contract price:The individual contract amount for unrealized derivatives
is ACCUMULATOR EUR 1,021,000
4.Monetary amount of margin or royalties paid:None
5.Ceiling on losses for aggregate or individual contracts set forth in the
Procedures:Individual contract losses are capped at 20% of the transaction
amount
6.Reason for derivative transaction:For transaction purpose
7.Item(s) being hedged:NA
8.Monetary amount of the hedged item(s):NA
9.Profit (loss) of the hedged item(s):NA
10.The losses (including realized and unrealized losses) assessed using fair
value:The unrealized loss of individual contracts is ACCUMULATOR EUR232,000
11.Reason for occurrence of the losses and the impact to the Company:
1.Evaluation losses due to stock market fluctuations
2.No significant impact on the actual operation of the company
12.Contract period:Individual Contract:2022/02/08~2023/02/08
13.Restrictive covenants:None
14.Other important terms and conditions:None
15.Any other matters that need to be specified:None
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Jean Co. Ltd. published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 10:52:04 UTC.
Jean Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and distribution of car monitors. The Companyâs car monitor products mainly include 7-inch, 8-inch, 9-inch and 10.2-inch wide rear-seat headrest, ceiling, back-hanging car audio and video entertainment system, car information display system, car liquid crystal display (LCD) audio navigation host, car camera and driving recorder. The Company is also involved in the trading and leasing of real estate to generate rental income. The company's products are mainly sold to the United States of America (the USA), Europe and Japan. The Company is also engaged in the investment and development businesses through its subsidiaries.
JEAN CO.,LTD 
