Feng Hsin Steel Co., Ltd. Announces Impact of the Failure of the High-Voltage Switch in 161Kv Substation
September 26, 2022 at 04:24 am EDT
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Feng Hsin Steel Co., Ltd. announced the high-voltage switch of the 161KV substation is faulty, and the whole plant is expected to be shut down for about 8 days for maintenance. Comparison of production capacity for the most recent three fiscal years and following the decrease in production: Adjusted the production plan, so the production capacity is expected to remain unchanged by the end of the year. Comparison of production output for the most recent three fiscal years and following the decrease in production: Adjusted the production plan, so the output is expected to remain unchanged by the end of the year.
Production capacity of the fully or partially suspended work items: Production capacity is expected to remain unchanged by the end of the year. Production output of the fully or partially suspended work items: The output is expected to remain unchanged by the end of the year. Share of the company operating revenue that the fully or partially suspended work items account for: Revenue is not expected to be affected by the end of the year.
Decision-making process: The production and business department readjusted the production and sales schedule. The chairman has approved the new schedule. It is estimated that there will be no significant.
Feng Hsin Steel Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and trading of steel products. The products of the Company include angle steel, channel steel, steel flats, steel bars, special steel, bar steel, steel rods, formed steel and other steel products, among others. Its formed steel products are applied in construction industry, factory buildings, shipbuilding, transmission and distribution towers, machinery manufacturing, automobile maintenance and lifting equipment, transportation, metal products industry and steel structure, among others. The reinforcement bars are mainly used in construction, civil engineering, structure, foundation and others. Bar steel products are mainly used in screw nuts, polished bars, hand tools, auto parts and others. The Company mainly sells its products in Taiwan and other regions.