AUOTY AUO Corporation (PK)

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Item 1 

News Release

AU Optronics Corp. Files 2019 Annual Report on Form 20-F

Issued by: AU Optronics Corp.
Issued on: March 27, 2020

Hsinchu, Taiwan, March 27, 2020 –

AU Optronics Corp. ("AUO" or the "Company") (TWSE: 2409; OTC: AUOTY) today announced that it has filed its annual report on Form 20-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission (the "SEC"). The 2019 20-F is available on AUO's website at http://auo.com and on the website of the SEC at www.sec.gov. Hard copies of the audited financial statements included in the 2019 Form 20-F are available upon request to shareholders free of charge. To request a copy of the 2019 Form 20-F, please forward your request to https://app.irdirect.net/company/49733/hotline/.

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ABOUT AU OPTRONICS 

AU Optronics Corp. (“AUO”) is one of the world’s leading providers of optoelectronic solutions. Based on its profound R&D and manufacturing experience, AUO offers a full range of display applications and smart solutions integrating software and hardware, and leverages its core expertise to enter new business areas such as solar, smart retail, general health, circular economy and smart manufacturing service. Additionally, AUO has also been named to the Dow Jones Sustainability World Index since 2010. AUO’s consolidated net revenues in 2019 were NT$268.79 billion. For more information, please visit AUO.com.

Safe Harbour Notice

AU Optronics Corp. (“AUO” or the “Company”) (TWSE: 2409), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release include “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our management's expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on March 27, 2020. In addition, our SEC reports, including our Annual Report on Form 20-F contains other information on these and other factors that could affect our financial results and cause actual results to differ materially from any forward-looking information we may provide. We undertake no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.

For more information, please contact:

Public Communication Dept.

Item 2

AU Optronics Corp. 

March 27, 2020 

English Language Summary

Date of Events: 2020/03/27

1. Date of occurrence of the event:2020/03/27

2. Of which year/ quarter financial report required to be adjusted: 

The consolidated financial statements for the year of 2019.

3. Accounting principles applied (domestic listing securities): 

International Financial Reporting Standards endorsed and issued into effect by the ROC Financial Supervisory Commission (“Taiwan IFRS”)

4. Inconsistent items/ amounts (domestic listing securities): 

Consolidated net loss attributable to shareholders of the parent company of NT$19,185,258 thousand, total comprehensive loss attributable to shareholders of the parent company of NT$20,192,454 thousand, basic and diluted loss per share, net of tax, of NT$2.00 and NT$2.00, respectively, for the year ended December 31, 2019; consolidated total assets of NT$397,637,591 thousand, consolidated total liabilities of NT$209,660,842 thousand, non-controlling interests of NT$11,304,909 thousand, and equity attributable to shareholders of the parent company of NT$176,671,840 thousand as of December 31, 2019.

5. Accounting principles applied (securities issued overseas): 

International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”) for the purpose of filing the annual report on Form 20-F with the U.S. Securities and Exchange Commission.

6. Inconsistent items/ amounts (securities issued overseas): 

Consolidated net loss attributable to shareholders of the parent company of NT$18,767,191 thousand, total comprehensive loss attributable to shareholders of the parent company of NT$19,774,387 thousand, basic and diluted loss per share, net of tax, of NT$1.96 and NT$1.96, respectively, for the year ended December 31, 2019; consolidated total assets of NT$386,356,996 thousand, consolidated total liabilities of NT$207,455,122 thousand, non-controlling interests of NT$11,304,907 thousand, and equity attributable to shareholders of the parent company of NT$167,596,967 thousand as of December 31, 2019.

7. Cause of the inconsistency: 

The differences between Taiwan IFRS and IFRS followed by AU Optronics Corp. (“AUO”) for year 2019, in addition to the accumulated effects of differences carried over from prior years, mainly come from tax on undistributed earnings.

8. Any other matters that need to be specified: 

For more details, please refer to AUO’s annual report on Form 20-F at: https://auo.com/en-global