【CPDC】The Company was Informed that the Taipei District Prosecutors Office Concluded its Investigation into the Core Pacific City Land Irregular Transaction Case Today (8th) and Filed Public Prosecution, and a Press Release Has Been Issued.
China Petrochemical Development Corporation (CPDC) announced that the Taipei District Prosecutors Office has concluded its investigation into the irregular transaction of Core Pacific City land and filed public prosecution against 13 individuals, including CPDC's Chairman, Vice Chairman, and General Manager, for alleged violations of the Securities Exchange Act and the Money Laundering Control Act. The prosecutors are seeking forfeiture of NT$3.19 billion in illicit gains.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:08 (8 min after Collected)
1. Parties to the legal incident: The Company's Chairman Chen O-Long, Vice Chairman Shen O-Ting, General Manager Chen O-Jun.
2. Name of the court or disposing authority for the legal incident: Taiwan Taipei District Prosecutors Office.
3. Case number of relevant legal documents for the legal incident: The case number of the indictment will be disclosed after formal receipt.
4. Date of occurrence of the fact: May 8, 115 (ROC calendar).
5. Origin of the occurrence (including subject of dispute): The Taiwan Taipei District Prosecutors Office concluded its investigation on May 8, 115, regarding the irregular transaction case of Core Pacific City land, and filed public prosecution against 13 defendants including Shen O-Jing for alleged violations of the Securities Exchange Act and the Money Laundering Control Act. The court is also requested to declare the forfeiture of illicit gains amounting to NT$3,191,619,248.
6. Handling process: After indictment, the case will proceed to trial, awaiting the court's review according to procedure.
7. Impact on the company's financial and business operations and estimated impact amount: The company's overall financial situation and core business operations are not affected.
8. Response measures and improvement status: None.
9. Other matters that should be specified (if the subject of the incident or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 2 of the Enforcement Rules of the Securities Exchange Act, which states matters that have a material impact on shareholders' equity or securities prices):
After receiving the formal indictment, professional legal advice will be sought for subsequent handling.
2. Name of the court or disposing authority for the legal incident: Taiwan Taipei District Prosecutors Office.
3. Case number of relevant legal documents for the legal incident: The case number of the indictment will be disclosed after formal receipt.
4. Date of occurrence of the fact: May 8, 115 (ROC calendar).
5. Origin of the occurrence (including subject of dispute): The Taiwan Taipei District Prosecutors Office concluded its investigation on May 8, 115, regarding the irregular transaction case of Core Pacific City land, and filed public prosecution against 13 defendants including Shen O-Jing for alleged violations of the Securities Exchange Act and the Money Laundering Control Act. The court is also requested to declare the forfeiture of illicit gains amounting to NT$3,191,619,248.
6. Handling process: After indictment, the case will proceed to trial, awaiting the court's review according to procedure.
7. Impact on the company's financial and business operations and estimated impact amount: The company's overall financial situation and core business operations are not affected.
8. Response measures and improvement status: None.
9. Other matters that should be specified (if the subject of the incident or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 2 of the Enforcement Rules of the Securities Exchange Act, which states matters that have a material impact on shareholders' equity or securities prices):
After receiving the formal indictment, professional legal advice will be sought for subsequent handling.