1.Date of occurrence of the event:2020/12/30
2.Date of the original announcement and reporting:2020/04/30
3.Summary of the content originally announced and reported: On behalf of WPG
subsidiary WPG China Inc. announces Board of Directors resolved to acquiring
the right-of-use asset
4.Reason for change and its main content:The registration of the affiliated
enterprise for smart warehouse is completed in Dongguan, Guangdong. In
consideration of WPG Holdings operational structure, the board of WPG China
Inc. has resolved to terminate above mentioned lease contract. The smart
warehouse logistics center will be constructed by the affiliated enterprise
newly registered.
5.Effect on the Company's finance and business after the change:
No material effect as both WPG China Inc. and the affiliated enterprise for
smart warehouse are wholly owned subsidiaries of WPG Holdings Limited.
6.Any other matters that need to be specified:None