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Trio-Tech Temporarily Closes Facility to Comply with Tianjin City COVID-19 Safety and Restriction Measures


Business Wire | Jan 19, 2022 08:30AM EST

Trio-Tech Temporarily Closes Facility to Comply with Tianjin City COVID-19 Safety and Restriction Measures

Jan. 19, 2022

VAN NUYS, Calif.--(BUSINESS WIRE)--Jan. 19, 2022--Trio-Tech International (NYSE MKT: TRT) today announced that it is in full compliance with the Tianjin City Government's Business Closure lockdown.

S.W. Yong, Trio-Tech's CEO, said, "In response to a local COVID-19 outbreak and in compliance with China's ZERO-Covid policy, the Tianjin city government imposed lockdown measures for mandatory testing of its Tianjin city's residents which affected Trio-Tech's Tianjin China Operations and required us to close our facility's production line."

"Trio-Tech is seriously concerned with the threat posed by spread of COVID-19 and has ensured that stringent health and safety measures are in place throughout our facilities. It is the utmost concern of Trio-Tech to defend and support the health and safety of all our employees, customers, suppliers and the Tianjin community as a whole. We will actively address this closure and proactively work with our customers and suppliers to manage and minimize the impact of this temporary closure. We plan to resume operations once the city government allows for the reopening of businesses," added Mr. Yong.

About Trio?Tech

Established in 1958, Trio-Tech International is located in Van Nuys, California, with its Principal Executive Office and regional headquarter in Singapore. Trio-Tech International is a diversified business group with interests in semiconductor testing services, manufacturing and distribution of semiconductor testing equipment, and real estate. Our subsidiary locations include Tianjin, Suzhou, Chongqing in China, as well as Kuala Lumpur Malaysia and Bangkok Thailand. Further information about Trio-Tech's semiconductor products and services can be obtained from the Company's Web site at www.triotech.com and www.universalfareast.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220119005466/en/

CONTACT: Company Contact: A. Charles Wilson Chairman (818) 787-7000

CONTACT: Investor Contact: Berkman Associates (310) 927-3108 robert.jacobs@jacobscon.com






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