Today's Information

Provided by: UPC TECHNOLOGY CORPORATION
SEQ_NO 2 Date of announcement 2022/08/03 Time of announcement 19:25:01
Subject 
 Announcement on behalf of subsidiary,
Taizhou Union Plastics Industry Co., Ltd. board
resolution for the capital increased from earnings.
Date of events 2022/08/03 To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2022/08/03
2.Source of capital increase funds: Capital increase from earnings
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):USD20,000,000
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:NA
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:NA
7.Par value per share:NA
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:NA
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:NA
13.Rights and obligations of these newly issued shares:NA
14.Utilization of the funds from the capital increase:
 For future operation and development.
15.Any other matters that need to be specified:None.

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UPC Technology Corporation published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 11:38:07 UTC.