Correction of information on the independent
financial statements for the years ended Dec. 31,2021
Date of events
2022/04/14
To which item it meets
paragraph 53
Statement
1.Date of occurrence of the event:2022/04/14
2.Company name: Ideal Bike Industry Co., Ltd.
3.Relationship to the Company (please enter "head
office" or "subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:Correction of information on the independent
financial statements for the years ended Dec. 31,2021
6.Information items/ statements to be corrected:Separate Statement of
Comprehensive Income and Note 24 Net profit (loss) from continuing operations
7.Amounts/ contents/ number of page to be corrected:
The page 8 of independent financial statements for the years ended 2021
Separate Statement of Comprehensive Income
Interest income: (292) thousand NTD
Other incomes: 19,386 thousand NTD
The page 54 of independent financial statements for the years ended 2021
Note 24 Net profit (loss) from continuing operations
(I) Interest income/Interest income: 292 thousand NTD
(II) Other revenue/Others: 17,888 thousand NTD
(II) Other revenue/Net: 19,386 thousand NTD
(III) Other profits and losses/Net: (1,985) thousand NTD
8.Amounts/ contents/ number of page after correction:
The page 8 of independent financial statements for the years ended 2021
Separate Statement of Comprehensive Income
Interest income: 258 thousand NTD
Other incomes: 18,836 thousand NTD
The page 54 of independent financial statements for the years ended 2021
Note 24 Net profit (loss) from continuing operations
(I) Interest income/Interest income: 258 thousand NTD
(II) Other revenue/Others: 17,338 thousand NTD
(II) Other revenue/Net: 18,836 thousand NTD
(III) Other profits and losses/Net: 1,985 thousand NTD
9.Countermeasures: Reissue the aforementioned corrections pages to MOPS
after the material information is released.
10.Any other matters that need to be specified:This correction have no
effect on the net income.
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Ideal Bike Corporation published this content on 14 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2022 09:24:08 UTC.
IDEAL BIKE CORPORATION is a Taiwan-based company principally engaged in the manufacture and sales of bicycles and related components. The Companyâs primary products include mountain bicycles, city bicycles, racing bicycles, folding bicycles, beach bicycles, multi-functional bicycles and performing bicycles. The Company mainly operates through two business segments: the original equipment manufacturer (OEM) segment and the others segment. The Company is also involved in the provision of related services to generate commissions. The Company mainly distributes its products to the United States of America (the USA), the United Kingdom (the UK), Taiwan, Japan, Germany and other countries.
IDEAL BIKE CORPORATION 
