Impact of the Spread of COVID-19 on Overseas Plants
Meiko Electronics Co.,Ltd.
Guangzhou plant, Wuhan plant, Vietnam plant, Thang Long plant
The spread of COVID-19 and the resulting restrictions imposed by the Chinese and Vietnamese authorities on employees entering and leaving the plants
There is no change to the full-year earnings forecast.
Related procedures
Wuhan Economic and Technological Development Zone authorities, Thach That District People's Committee authorities, Dong Anh District People's Committee authorities
Production and logistics at the Wuhan plant have almost returned to normal. Production and logistics at the Vietnam plants have also almost returned to normal. Although access restrictions remain in place at the Thang Long plant, their impact on production and logistics is extremely limited.
| Item | Details |
|---|---|
| Event name | Impact of the Spread of COVID-19 on Overseas Plants |
| Date of occurrence | 8 August 2021 (the date access restrictions were implemented at the Thang Long plant) |
| Subject Entity | Meiko Electronics Co.,Ltd. |
| Target Locations / Products | Guangzhou plant, Wuhan plant, Vietnam plant, Thang Long plant |
| Cause | The spread of COVID-19 and the resulting restrictions imposed by the Chinese and Vietnamese authorities on employees entering and leaving the plants |
| Impact on Earnings Forecast | There is no change to the full-year earnings forecast. |
| Court or authority | Wuhan Economic and Technological Development Zone authorities, Thach That District People's Committee authorities, Dong Anh District People's Committee authorities |
| Outlook | Production and logistics at the Wuhan plant have almost returned to normal. Production and logistics at the Vietnam plants have also almost returned to normal. Although access restrictions remain in place at the Thang Long plant, their impact on production and logistics is extremely limited. |
Items this document does not state (17)
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.Restrictions imposed by the authorities on employees entering and leaving the plants in response to the spread of COVID-19 have been formally lifted at the Wuhan plant, while the application to increase staffing at the Vietnam plants was approved because there have been no in-house infections.