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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . JOHNSON ELECTRIC Johnson Electric Holdings Limited ( Incorporated in Bermuda with limited liability ) ( Stock Code : 179 ) Business and Unaudited Financial Information for the First Quarter of Financial Year 2021/22 This announcement is made by Johnson Electric Holdings Limited ( “ Johnson Electric ” or the “ Company ” and together with its subsidiaries , the " Group " ) for the business operations and selected unaudited financial information of the Group for the three months ended 30 June 2021 . The Board of Directors ( the " Board " ) of the Company considers the publication of quarterly sales performance updates to be consistent with international corporate disclosure best practice . The objective of this announcement is to provide transparency and to ensure that investors and potential investors receive equal access to the same information at the same time . The Group's sales for the quarter ended 30 June 2021 were US $ 877 million compared to US $ 517 million for the same quarter in 2020 , an increase of 70 % . It should be noted that sales in the same quarter of the prior financial year were significantly impacted by the COVID - 19 pandemic . Excluding currency movements and acquisitions , sales increased by 61 % to US $ 831 million . Foreign exchange rate movements had a positive effect of US $ 45 million on the Group's sales for the quarter . This was mainly due to the impact of stronger average exchange rates for the Euro , the Chinese Renminbi and the Canadian Dollar against the US Dollar , compared to the same quarter in 2020 . The acquisition of E. Zimmermann GmbH ( “ Zimmermann " ) , a specialist automotive machining business based in Germany , on 31 May 2021 added US $ 1 million to sales for the quarter ended 30 June 2021 . Sales of Automotive Products Group ( " APG " ) APG's sales for the quarter ended 30 June 2021 increased by US $ 313 million or 87 % compared to the same quarter in 2020. Excluding the acquisition of Zimmermann and currency effects , APG's sales increased by US $ 270 million or 75 % in the quarter , with the following changes by region : • Asia increased 21 % • Europe increased 128 % Americas increased 157 % A large part of this increase was due to the rebound in light vehicle production volumes especially in Europe and the Americas where sales were significantly lower in the same quarter in 2020 , when many customer plants were shut down due to COVID - 19 . Nonetheless , APG's sales growth in the period exceeded the increase in production