XIDELANG HOLDINGS LTD ("THE COMPANY" OR “XIDELANG”) - CLARIFICATION ON REPORT PERTAINING TO FLOOD SITUATION IN PEOPLE’S REPUBLIC OF CHINA (“PRC”)
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Upon further inquiry from Bursa Malaysia Berhad, XiDeLang would like to update the market on the following:-
1. XiDeLang's factory is located at Hua Ting Kou Industrial Zone, Chendai County, Jinjiang City, Fujian Province.
2. The ensuing flood has affected mostly Jiangxi Province, which was highway speed of 500km to 600km from XiDeLang's factory. The flood have also occurred in North West of Fujian Province whilst XiDeLang's factory is located in Southern Fujian, near Quanzhou Bay, which was approximately highway speed of 350km to 400km from the affected flood area.
3. The operation of XiDeLang has never been affected by flood or weather disaster in the past.