Fire at the Tianjin Plant
ＳＭＣ(天津)製造有限公司 (consolidated subsidiary)
Surface treatment building at the Tianjin plant; anodizing and painting processes for products intended for the Chinese domestic market
The cause is still under investigation, but the company believes that a hanger used in the anodizing process overheated and ignited combustible materials nearby.
Related procedures
Inspection by the fire authorities
Fire authorities
Company response
Operations at the entire Tianjin plant were suspended for firefighting activities and an inspection by the fire authorities.
25 March 2026 (operations resumed)
The impact on earnings is expected to be minor.
Restoration of the surface treatment building is expected to take an extended period. The anodizing and painting processes for products intended for the Chinese domestic market will be handled through extended operation of equipment at the Beijing plant, while other products will be handled through changes to the production setup and extended equipment operation at the Vietnam plant.
| Item | Details |
|---|---|
| Event name | Fire at the Tianjin Plant |
| Date of occurrence | 23 March 2026, 15:40 (local time) |
| Subject Entity | ＳＭＣ(天津)製造有限公司 (consolidated subsidiary) |
| Target Locations / Products | Surface treatment building at the Tianjin plant; anodizing and painting processes for products intended for the Chinese domestic market |
| Cause | The cause is still under investigation, but the company believes that a hanger used in the anodizing process overheated and ignited combustible materials nearby. |
| Impact on Earnings Forecast | The impact on earnings is expected to be minor. |
| Type of litigation or proceeding | Inspection by the fire authorities |
| Court or authority | Fire authorities |
| Suspended operations | Operations at the entire Tianjin plant were suspended for firefighting activities and an inspection by the fire authorities. |
| Scheduled resumption date | 25 March 2026 (operations resumed) |
| Outlook | Restoration of the surface treatment building is expected to take an extended period. The anodizing and painting processes for products intended for the Chinese domestic market will be handled through extended operation of equipment at the Beijing plant, while other products will be handled through changes to the production setup and extended equipment operation at the Vietnam plant. |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The cause of the fire is still under investigation, but the company believes that a hanger used in the anodizing process overheated and ignited combustible materials nearby. The company cited alternative production under its BCP, extended operation of equipment at the Beijing plant, and changes to the production setup and extended equipment operation at the Vietnam plant as reasons why production and shipments have not been affected.