Today's Information

Provided by: AcBel Polytech Inc.
SEQ_NO 1 Date of announcement 2022/03/16 Time of announcement 17:41:50
Subject
 Correction of information on investment in
Mainland China in XBRL of the company's consolidated
financial report for the years ended December 31, 2021
Date of events 2022/03/16 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/03/16
2.Company name:ACBEL POLYTECH INC.
3.Relationship with the Company (please enter "the company itself"
or "subsidiaries"):The Company
4.Reciprocal shareholding percentage:None
5.Cause of occurrence:
Correction of information on investment in Mainland China in XBRL
of the company's consolidated financial report for the years ended
December 31, 2021
6.Information items/ statements to be corrected:
Information on investment in Mainland China:
Investment income (losses)/Carrying amount as of December 31, 2021
-Accumulated remittance of earnings as of December 31, 2021
7.Amounts/ contents/ number of page to be corrected:
 A.API-PRC:
    a. Investment income (losses):100 thousand dollars.
    b. Carrying amount as of December 31, 2021: -45,379 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       3,455,382 thousand dollars.
 B.API-WUHAN:
    a. Investment income (losses):100 thousand dollars.
    b. Carrying amount as of December 31, 2021:55,172 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       1,502,644 thousand dollars.
 C.SINO:
    a. Investment income (losses):79 thousand dollars.
    b. Carrying amount as of December 31, 2021:218,276 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       1,541,868 thousand dollars.
 D.SINO-Tongliang:
    a. Investment income (losses):79 thousand dollars.
    b. Carrying amount as of December 31, 2021:125,482 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       440,445 thousand dollars.
 E.Kanghua-Chongqing:
    a. Investment income (losses):79 thousand dollars.
    b. Carrying amount as of December 31, 2021:-6,005 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       15,420 thousand dollars.
8.Amounts/ contents/ number of page after correction:
 A.API-PRC:
    a. Investment income (losses):-45,379 thousand dollars.
    b. Carrying amount as of December 31, 2021:3,455,382thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       0thousand dollars.
 B.API-WUHAN:
    a. Investment income (losses):55,172 thousand dollars.
    b. Carrying amount as of December 31, 2021:1,502,644 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       0 thousand dollars.
 C.SINO:
    a. Investment income (losses):218,276 thousand dollars.
    b. Carrying amount as of December 31, 2021:1,541,868 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       0 thousand dollars.
 D.SINO-Tongliang:
    a. Investment income (losses):125,482 thousand dollars.
    b. Carrying amount as of December 31, 2021:440,445 thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       0 thousand dollars.
 E.Kanghua-Chongqing:
    a. Investment income (losses):-6,005thousand dollars.
    b. Carrying amount as of December 31, 2021:15,420thousand dollars.
    c. Accumulated remittance of earnings as of December 31, 2021:
       0 thousand dollars.
9.Countermeasures:Re-upload the corrected XBRL data.
10.Any other matters that need to be specified:NA

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AcBel Polytech Inc. published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 09:57:07 UTC.