Cheng Shin Rubber Ind : On behalf of subsidiary, Cheng Shin Tire & Rubber (Chong Qing) Co. Ltd. announced to cooperate with the local government on the high temperature shutdown.
On behalf of subsidiary, Cheng Shin Tire & Rubber
(Chong Qing) Co. Ltd. announced to cooperate with the
local government on the high temperature shutdown.
Date of events
2022/08/16
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/08/16
2.Company name:Cheng Shin Tire & Rubber
(Chong Qing) Co. Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:100% of the company's directly owned
subsidiaries
5.Cause of occurrence:
Due to the continuous high temperature in the local area and
the continuous expansion of the power supply gap, Changshou
District, Chongqing City notified that from August 16th to
August 24th, in principle, all industrial enterprises in the
region will have high temperature holidays, and special and
hazardous chemical enterprises will advocate high temperature
under the condition of ensuring safety. During the holiday,
the company will stop work from August 16th to August 23rd.
6.Countermeasures:
(1)During the shutdown period, the existing inventory will be
used to respond to shipments and the production of other
factories within the group will be coordinated to meet customer
shipment needs.
(2)Watch closely for subsequent developments.
7.Any other matters that need to be specified:
At present, there is no significant impact on the operation.
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CST – Cheng Shin Rubber Ind. Co. Ltd. published this content on 16 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2022 08:31:14 UTC.
Cheng Shin Rubber Ind. Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of tires. The main products include radial automobile cover tires, radial truck cover tires, motorcycle cover tires, bike cover tires, inner tubes and other tires. The Company is also involved in the manufacture and sale of rubber and tire-related industrial products. The Company operates within the domestic market and to overseas markets, including the Americas, Europe, the Middle East, Africa, Asia, Australia and others.
Cheng Shin Rubber Ind : On behalf of subsidiary, Cheng Shin Tire & Rubber (Chong Qing) Co. Ltd. announced to cooperate with the local government on the high temperature shutdown.