Today's Information

Provided by: National Aerospace Fasteners Corporation
SEQ_NO 2 Date of announcement 2022/07/26 Time of announcement 16:16:50
Subject
 Statements on the recent judgment of the civil
court of second instance by Taiwan High Court.
Date of events 2022/07/26 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/07/26
2.Company name:National Aerospace Fasteners Corporation
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):Head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
 JINLONG MECHINERY CO., LTD. claimed for return of thing by owner in
 February 2019 and afterwards, the Company was sentenced to return
 4,727 thousands New Taiwan dollars by the second-instance judgment
 on June 28, 2022. This civil lawsuit was raised from NAFCO's land
 and building transaction of Pingzhen third plant through open bidding
 in July 2016. At the time of handover, the seller, insolvency
 administrator of J-THREE INTERNATIONAL HOLDING CO., LTD. Informed the
 Company all the left things around the land and building all wastes.
 The Company decided to collect and dispose these wastes and got 4,727
 thousands New Taiwan dollars reached. However, JINLONG MECHINERY
 CO., LTD. claimed the Company for returning of thing by owner in
 February 2019.
6.Countermeasures:
 This case is handled by the appointed lawyers and the Lodgments
 will be made as a counter guarantee of provisional attachment.
7.Any other matters that need to be specified:
 There has not been a material effect on the Company's finance and
 business.

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NAFCO - National Aerospace Fasteners Corporation published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 08:28:01 UTC.