EANS-News: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft / AT&S plant Chongqing II back in operation – all AT&S locations in China open

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

No Keyword

Leoben - Today, Plant II at the Chinese AT&S location in Chongqing will resume
operations. AT&S is one of the first companies in the Yufu industrial park in
Chongqing to receive this approval for restarting. Due to the coronavirus, the
Chinese New Year holidays were extended. The opening of the plant was preceded
by very intensive negotiations with the Chinese authorities, which, in
accordance with a local regulation, tie the restart of production to strict
requirements.

"We are very happy and also relieved that we can start production again and were
able to meet all the requirements and guidelines of the authorities," says AT&S
CEO Andreas Gerstenmayer. "I would like to thank our colleagues in China
personally and on behalf of the board team for their great efforts. In the past
few days and hours, the team on site has accomplished something extraordinary."

In order to receive the positive notification from the Chinese authorities, a
comprehensive documentation of the precautionary measures as well as the travel
movements and adherence to the quarantine regulations of all employees was
necessary. In this regard, the company benefited from the fact that a WeChat
channel (a Chinese instant messaging service comparable to WhatsApp) has long
been used for communication and information exchange with employees. This
enabled all employees to provide and document the relevant information promptly.

With the approval, all three Chinese AT&S plants are now in operation again, at
least with limited capacities. Chongqing Plant I continued operation during the
New Year holidays with a short, maintenance-related interruption and therefore
did not fall under the above-mentioned regulation to restart production. The
largest Chinese AT&S plant in Shanghai went into operation as planned on
February 10, after the extended New Year holidays. However, the situation in
China remains volatile and is being closely monitored and supervised by the top
management.

Further inquiry note:
Gerald Reischl, Director Communications & Public Relations
Tel: +43 3842 200- 4252; Mobile: +43 676 664 8859 2452; g.reischl@ats.net

Gerda Königstorfer, Director Investor Relations
Tel: +43 3842 200-5925; Mobile: +43 676 8955 5925; g.koenigstorfer@ats.net

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
Fabriksgasse 13
8700 Leoben / Österreich
www.ats.net

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
Fabriksgasse 13
A-8700 Leoben
phone: 03842 200-0
FAX:
mail: ir@ats.net
WWW: www.ats.net
ISIN: AT0000969985
indexes: WBI, VÖNIX, ATX GP, ATX
stockmarkets: Wien
language: English

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE

print