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Announcement for ALLTOP decided to invest in the establishment of a subsidiary in Vietnam

2023-03-03

Subject

 Announcement for ALLTOP decided to invest in

the establishment of a subsidiary in Vietnam

Date of events

  2023/03/03

To which item it meets

paragraph 15

Statement

 

1.Date of the resolution by the board of directors or shareholders

 meeting:2023/03/03

2.Content of the investment plan:Invest in the establishment of a

subsidiary in Vietnam

3.Projected monetary amount of the investment:Adopt rolling adjustment

investment in stages, with a total amount of USD 5 million

4.Projected date of investment:2023~2028

5.Source of capital funds:Own funds and bank loans

6.Specific purpose:In response to the company's overall operational

development needs.

7.Any other matters that need to be specified:The relevant investment

matters and the increase of the total amount are within the range of

20%, and the authorization shall be decided by the chairman.

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