Statement on the Impacts of Coronavirus COVID-19 upon GCT Production

[Update: Wednesday 12th February 2020]

As you will be aware, there is an ongoing outbreak of Coronavirus COVID-19 in China, centred on the city of Wuhan in Hubei Province.

The Chinese Government has locked down Wuhan and a number of other population centres in Hubei Province, with no one currently permitted to enter or leave.

We can advise that none of our production facilities are located in Hubei Province and they are therefore not directly impacted by the lockdown.

Elsewhere, measures have been implemented by the Chinese authorities to minimise the spread of CoV. These include an extension of the Chinese New Year holidays until 9th February 2020, with factories only allowed to reopen on 10th February.

All reopening factories are required to gain approval from local government which requires submission of documentation and a factory audit by health inspectors.

As of today, all GCT’s production facilities are primed to reopen, and are awaiting local government approval for this. We hope that any delays in reopening will be minimal, and that we can return to production this week.

Transportation within China is currently strictly controlled and the return of production personnel from their holidays may be slow.

GCT strives to continue supporting you and will do everything possible to minimize negative impact. In the meantime, GCT will continue to pro-actively analyse all open orders to understand which order lines have the potential to be impacted.

This is a fast-evolving situation which GCT’s Management Team are reviewing on a daily basis and will provide regular updates regarding the status of our production facilities.

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