IR News Release

Closing the Branch Office in China

In accordance with resolutions at the Board of Directors held on May 20, 2019, Mipox Corporation (hereafter the “Company”) announced today that the Company will close the branch office in China established in September 2011. The details are as follows.

Summary of Branch Office in China
Branch Office Name
MIPOX Precision Polishing Product (Shanghai) Co., Ltd. WUHAN BRANCH
No.12,F11, Building A,Optics Valley central garden, Luoyu Rd, East lake Hi-tech Development Zone, Wuhan
September 19, 2011
Date of Closing
July 31, 2019 (planned)

Effect on Profit

The impact on business performance will be minor.