Release Date: July 9, 115 Statement Date: July 8, 115 Statement Time: 10:46:52 Company Code: 1219 Company Name: Fushou Subject: (Supplement to Material Information Released on July 7, 115) Explanation of Media Reports Applicable Clause: Item 51 Event Date: July 8, 115
Explanation: 1. Event Date: 07/08/115 2. Company Name: Fushou Industrial Co., Ltd. 3. Relationship with Company (enter '本公司' or 'Subsidiary'):本公司 4. Cross-shareholding Ratio: Not applicable 5. Media Outlets: Central News Agency, Yahoo News, and other media reports 6. Report Content: Media reported that the Ministry of Health and Welfare imposed a fine of NT$165 million on Chung Lian Oils Co., Ltd. for a benzo[a]pyrene food safety incident. Additionally, the Taichung City Government stated it will impose a fine of NT$3 million on our company under the Food Safety and Sanitation Management Act.
7. Reasons for the Event: (1) The media report on the Ministry of Health and Welfare's NT$165 million fine against Chung Lian Oils Co., Ltd. pertains to an administrative penalty imposed by the competent authority on Chung Lian Oils. (2) Our company is not the subject of the aforementioned NT$165 million administrative penalty. Chung Lian Oils is a company in which we hold a 32.33% equity investment. If the penalty is finalized, we will recognize an investment loss in accordance with the 'IFRS International Financial Reporting Standards'. (3) Regarding the media report that the Taiching City Government will impose a NT$3 million fine on our company, as of now, we have not received any official penalty notice or administrative action notification from the competent authority. (4) Regarding the reported fine amount and related content concerning our company, we will handle the matter in accordance with relevant regulations upon receipt of formal documentation from the competent authority.
8. Response Measures: Continue to cooperate with the competent authority on related matters and conduct information disclosure as required. 9. Other Matters to be Stated: None.
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- Source: PR Times
- Category: News