1. Date of Event: August 4, 2026 2. Company Name: Liwei Co., Ltd. 3. Relationship with Company (please enter 'Parent' or 'Subsidiary'): Subsidiary 4. Cross-shareholding Ratio: Not applicable. 5. Reason for Occurrence: Due to obligations arising from arbitration payments, and after assessing the company's current financial condition and funding capacity, it was determined that assets are insufficient to settle liabilities, rendering the company unable to continue operations. The board of directors of subsidiary Liwei resolved to suspend business operations from August 18, 2026, to August 17, 2027, and to file for bankruptcy with the court pursuant to Article 211, Paragraph 2 of the Company Act. 6. Response Measures: Announcement made on behalf of Liwei Co., Ltd. 7. Other Matters to be Disclosed (If the entity involved in the event or resolution is a publicly listed company or above, this material information also qualifies under Article 7, Paragraph 9, Item 9 of the Enforcement Rules of the Securities Trading Act as a matter having significant impact on shareholders' rights or securities prices): None. Keyword: Material Information

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  • Source: PR Times
  • Category: News