1.Date of occurrence of the event:2022/04/25
2.Company name:LONGWELL COMPANY
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A.
5.Name of the reporting media:Economic Daily News
6.Content of the report:
(1)The legal entity estimates that the 2022Q1 EPS is about NTD1, which is
better than 2021Q4 NTD 0.42.The EPS for 2022 whole year is at least NTD5.
(2)What is the Company's progress and prospects in electric vehicle?
The Company received a new order from R Company recently, but the Company
has been overloaded with cases. Now, it is expected to start shipping in
May or June, and with a more prosperous in second half of the year.
Longwell Company is the main supplier for the cloud servers of IBM and
Amazon, and one of Apple's suppliers. Longwell Company has manufactured
high-current and high-voltage products for decades, so these electric vehicle
manufacturers have asked Longwell Company to be the supplier. In addition,
electric vehicle industry is growing rapidly, the gross profit of electric
vehicle is also higher than that of consumer electronic products, and
Longwell Company must has to catch up with the growth of electric vehicle
industry.
7.Cause of occurrence:Mass Mass media report.
8.Countermeasures:
(1)The company's financial business forecast in the report is
speculated by the media.
(2)The relevant information please refer to the company's announcement
at the website of the Taiwan Stock Exchange.
(3) The shipment information of customer products in the report is purely
an estimate by the legal person and is not provided by the Company.
(4)Regarding the relevant reports by media, the investors should judge
carefully to protect their own rights.
9.Any other matters that need to be specified:None.
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Longwell Co. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 07:08:10 UTC.
LONGWELL COMPANY is a Taiwan-based company principally engaged in the manufacture and sale of electronic components for information and communication purpose. The Company's products include various types of power transmission line group, charger adapter and integrated charger, signal transmission line group, as well as power supply, signal transmission and automotive wires. The Company distributes its products mainly to overseas markets, including the rest of Asia and the Americas.