SINGAPORE, June 28 (Bernama-GLOBE NEWSWIRE) — The Board of Directors of CDW Holding Limited (the “Company”, and together with its subsidiaries, the “Group”) wishes to update shareholders on the status of production at the Group’s factories in Shanghai. The Group’s two factories located in Shanghai under its two wholly-owned subsidiaries, Crystal Display Components (Shanghai) Co., Limited (“SHCD”) and Tomoike Precision Machinery (Shanghai) Co., Limited (“SHTP”) had experienced temporary stoppages due to the Shanghai Municipal Government’s COVID-19 lockdown (the “Shanghai Lockdown”), which commenced on 1 April 2022.
As previously announced, the SHCD factory officially resumed its partial production on 9 May 2022 under a ‘closed loop’ manufacturing arrangement. Following the announcement to end COVID-19 lockdown by the Shanghai Municipal Government on 1 June 2022, both SHCD and SHTP factories have officially resumed production.