Today's Information

Provided by: CHROMA ATE INC.
SEQ_NO 1 Date of announcement 2022/01/11 Time of announcement 14:36:31
Subject
 To announce the subsidiary Chroma New Material
Corporation to terminate the agency of Japan Nippon
Micrometal Corporation (NMC)
Date of events 2022/01/11 To which item it meets paragraph 10
Statement
1.Date of occurrence of the event:2022/01/11
2.Counterparty to the contract or commitment:
Nippon Micrometal Corporation (NMC)
3.Relationship with the Company:Chroma New Material Corporation is an agency
of Nippon Micrometal Corporation (NMC).
4.Starting and ending dates (or rescission date) of the
contract or commitment:Rescission date:2022/03/31.
5.Major content (not applicable where rescinded):N/A
6.Restrictive covenants (not applicable where rescinded):N/A
7.Commitment (not applicable where rescinded):N/A
8.Any other important agreement (not applicable where rescinded):N/A
9.Effect on company finances and business:
The 100% owned subsidiary Chroma New Material Corporation established in
1st August, 2006 as an agency of Nippon Micrometal Corporation (NMC) to
sell bonding wire and micro solder ball for semiconductor industry. As in
recent years, Chroma group in semiconductor testing business have
significant growth and BoD��s decision to terminate the agency business and
focus on the core business of testing equipment.
The sales revenues of Chroma New Material Corporation in year of 2019 and
2020 were NTD 2.1 billion and NTD 2.5 billion, accounted for 15% and 16%
of consolidated sales revenues respectively. The subsidiary net income to
consolidated net income in these two years were 2% and 1% respectively,
overall impact is minimum.
10.Concrete purpose/objective:Termination of bonding wire and micro solder
ball business.
11.Any other matters that need to be specified:None.

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Chroma Ate Inc. published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 06:47:05 UTC.