Date of events:2013/09/04
Subject : To clarify the news on Apple Daily News.
1.Name of the reporting media: Apple Daily News
2.Date of the report:2013/09/04
3.Content of the report:
Motech Industries Inc. (Shen-Keng) was revealed to lay off employees around 80 persons.
4.Summary of the information provided by investors: N/A
5.Company's explanation of the reportage or provided
Motech Industries, Inc. (“Motech”, the “Company” or “we”) announced that, due to the transformation of the solar industry, the Energy Technology Services Division has been reorganized and will continue providing core technical services in the design and engineering of PV systems to our customers. Certain employees will work with Motech Tainan Science Park Branch to cope with such reorganization.
Motech endeavors to assist the employees’ relocation to work with Motech in Tainan. For those employees who are not willing to work in Tainan with Motech, we will make our best efforts to help them with the outplacement. We believe that this organization integration will bring the Company more synergistic effect.
7.Any other matters that need to be specified: N/A