On behalf of WPG subsidiary Yosun Group announces the transfer of product line to WPI Group has no significant impact on WPG
2017-01-24
1.Date of occurrence of the event:2017/01/24
2.Company name:Yosun Group
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:Subject to Texas Instruments's distribution channel
strategic, a product line will be transfferd between the subsidiaries,
Yosun Group will transfer Texas Instruments product line to WPI Group
from Apr. 1st, 2017
6.Countermeasures:The transfer of product line between the subsidiaries has
no significant impact on WPG's finance and business operations.
Subsequent matters shall be undertaken in accordance with applicable laws
and regulations.
7.Any other matters that need to be specified:The purchase amount of TI
product line accounted for 10%~12% of Yosun Group total purchase amount
in the most recent fiscal year.