Victory New Materials : Announced on behalf of important subsidiaries in response to the COVID-19 epidemic, and cooperated with the local government to suspend business.

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Provided by: VICTORY NEW MATERIALS LIMITED COMPANY
SEQ_NO	1	Date of announcement	2022/03/22	Time of announcement	16:51:52
Subject	Announced on behalf of important subsidiaries in response to the COVID-19 epidemic, and cooperated with the local government to suspend business.
Date of events	2022/03/22	To which item it meets	paragraph 51
Statement	1.Date of occurrence of the event:2022/03/22 2.Company name:Jinjiang Chandra Shoes Industry Co., Ltd 3.Relationship to the Company (please enter "head office" or "subsidiaries"):subsidiaries 4.Reciprocal shareholding ratios:100% 5.Cause of occurrence:In line with the local government's implementation of closed management requirements for the new crown pneumonia epidemic, work will be suspended from March 20, 2022, and business hours will be resumed until the local government's notice. 6.Countermeasures: (1) Coordinate with local government regulations to take epidemic response measures to ensure the safety and health of employees. (2) The company's warehouse inventory can still meet the short-term needs of customers, and the preliminary assessment has no significant impact on the company's financial business. 7.Any other matters that need to be specified: The extent of the impact depends on the subsequent development of the epidemic, and the company will make supplementary announcements at any time.