【Shang Fu】Jiu Fu Industrial Co., Ltd., an important subsidiary, announces Board of Directors' resolution to proceed with a cash capital reduction
Jiu Fu Industrial, an important subsidiary of Shang Fu, announced that its board of directors resolved to proceed with a cash capital reduction to return share capital, in line with the group's capital planning. This will reduce capital by NT$53 million and eliminate 10.60% of outstanding shares.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 09:02 (1h 1m after Collected)
1. Date of Board Resolution: 2026/05/13
2. Reason for Capital Reduction: To align with group capital planning, execute cash capital reduction to return share capital.
3. Capital Reduction Amount: NT$53,000,000
4. Shares to be Eliminated: 5,300,000 shares
5. Capital Reduction Ratio: 10.60%
6. Capital after Capital Reduction: NT$447,000,000
7. Scheduled Date of Shareholders' Meeting: Not applicable
8. Estimated Number of Listed Common Shares after Capital Reduction: Not applicable
9. Ratio of Estimated Listed Common Shares after Capital Reduction to Total Outstanding Common Shares (Listed common shares after capital reduction / Total outstanding common shares after capital reduction): Not applicable
10. For cases where the estimated number of listed common shares after capital reduction (items 8 and 9) is less than 60 million shares and less than 25%, please explain measures to address low stock liquidity: Not applicable
11. Capital Reduction Record Date: 2026/05/19
12. Other matters to be specified: None
Keywords: Material Information
2. Reason for Capital Reduction: To align with group capital planning, execute cash capital reduction to return share capital.
3. Capital Reduction Amount: NT$53,000,000
4. Shares to be Eliminated: 5,300,000 shares
5. Capital Reduction Ratio: 10.60%
6. Capital after Capital Reduction: NT$447,000,000
7. Scheduled Date of Shareholders' Meeting: Not applicable
8. Estimated Number of Listed Common Shares after Capital Reduction: Not applicable
9. Ratio of Estimated Listed Common Shares after Capital Reduction to Total Outstanding Common Shares (Listed common shares after capital reduction / Total outstanding common shares after capital reduction): Not applicable
10. For cases where the estimated number of listed common shares after capital reduction (items 8 and 9) is less than 60 million shares and less than 25%, please explain measures to address low stock liquidity: Not applicable
11. Capital Reduction Record Date: 2026/05/19
12. Other matters to be specified: None
Keywords: Material Information