News News
03 Mar 2025
Press Release
Announce CMFC to record for the asset impairment

1.Date of occurrence of the event:2025/03/03
2.Company name:China Man-made Fiber Corporation
3.Relationship to the Company (please enter ”head office” or
    ”subsidiaries”):head office
4.Reciprocal shareholding ratios:Not applicable
5.Cause of occurrence:According to No.36 of International Financial
    Reporting Standards, CMFC records NTD330,151,568 as asset
    impairment in 2024.
6.Countermeasures:None
7.Any other matters that need to be specified (the information disclosure
    also meets the requirements of Article 7, subparagraph 9 of the Securities
    and Exchange Act Enforcement Rules, which brings forth a significant impact
    on shareholders rights or the price of the securities on public companies.):
    The asset impairment is assessed but not involves cash flow.
    Thus, there’s no significant impact on the company’s capital.

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