ANNOUNCEMENT of ESTABLISHMENT of LIONGTEX INNOVATION ENTERPRISES

In order to pursue group process optimization and better service to our valuable and prestigious customers, all existing apparel material business and relevant operations will be transferred from Tiong Liong Industrial Co., Ltd. (“TLC”) to Liongtex Innovation Enterprises Co., Ltd. (“Liongtex”). Please kindly follow the instructions related to this transfer as below,

  1. All purchase orders placed before June 30, 2021 will be fulfilled and settled by TLC, including but not limited to delivery, payment, claims, etc., as agreed.
  2. Liongtex will process all purchase orders instead of TLC from July 1, 2021.

Please feel free to reach out to us should you have any questions, troubles or problems during the transition. We do apologize for any inconveniences occurred and will appreciate your continuous cooperation and support.

Joseph Lin

General Manager

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