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Notice Regarding Subsidiary Renaming

Mar. 1, 2022

Toray Engineering Co., Ltd. (Head office: Chuo-ku, Tokyo, CEO & COO: Takashi Iwade, hereinafter ‟Toray Engineering”) announces that the following subsidiaries will be renamed effective April 1.

I. Overview of Renamed Subsidiaries

TEK Korea Co., Ltd.

New Company Name Toray Engineering(Korea)Co., Ltd.
Date of Change April 1, 2022
Establishment 1996
Representative CEO An Youngbok
Location Bundang-gu, Seongnam-si, Gyeonggi-do, Korea
Line of Business Import and sales of equipment and materials; design and implementation of plants; design, manufacturing, and sales of equipment; maintenance and preservation services for plants and equipment

Shanghai TEK Technology & Consulting Co., Ltd.

New Company Name Toray Engineering (Shanghai) Co., Ltd.
Date of Change April 1, 2022
Establishment 2002
Representative Chairman Dong Gang
Location Changning District, Shanghai, China
Line of Business Repair, installation, and adjustment of precision machinery and equipment; consultation regarding engineering technology and management; sales of precision machinery, engineering equipment, parts, and software

II. Reason for Change

Through the use of company names that clearly indicate that the companies are Toray Group companies, a sense of unity within the Toray Engineering Group will be enhanced, collaboration between companies will be strengthened, and a structure that enables business activities to be conducted more flexibly and smoothly will be established. Through this, the Toray Engineering Group will provide even higher added value to stakeholders and help contribute to society.