Announcement

No. 1 Date 2021/01/14 Time 11:38:01
Subject Clarification of the media report
Date of events 2021/01/14 To which item it meets paragraph 51
Explanation 1.Date of occurrence of the event:2021/01/14
2.Company name:Taiwan Hon Chuan Enterprise Co., Ltd
3.Relationship with the Company (please enter "the company itself" or "subsidiaries"):Head office
4.Reciprocal shareholding percentage:N/A
5.Name of the reporting media:UDN Stock Market Section
6.Content of the report:
This year, the leading beverage packaging manufacturer THC expands production capacity, and there are new production lines in Indonesia, Thailand, Vietnam, Myanmar, China, and Taiwan. It predicts that the consolidated revenue of THC may increase by more than 20 percent to challenge a new record of NTD 23 billion ......This year, the capital expenditure of THC is about NTD 2 billion, including the lease of 12,000 square meters of land in Port of Taichung Free Trade Zone, and initially investing NTD 1.6 billion to build the storage and preform production center, which is expected to be completed in the fourth quarter of next year.
7.Cause of occurrence:
(1)The forecasted information reported above is institutional investors’ expectation. Please refer to M.O.P.S for actual financial information of the Company.
(2)Media's report regarding to the Company's investment plans and related information had been submitted to the Board of Directors, carried out as scheduled progress and announced publicly in accordance with the regualtions of TWSE. THC will assess carefully to new investment plans and take best business performence into consideration. Any capital expenditure will be approved by the Board of Directors and disclosed as material information.
8.Countermeasures:Follow the instructions of TWSE
9.Any other matters that need to be specified:N/A