[Chailease] Subsidiary Zhonghe Electric Power acquires 49% stake in Yi-Yang Green Energy
Chailease subsidiary Zhonghe Electric Power acquires 49% of Yi-Yang Green Energy from Y-Sun Energy for approximately 713 million TWD for business investment purposes.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 24, 2026 at 07:12 (23h 12m after Collected)
1. Name and nature of the target: Shares of Yi-Yang Green Energy Co., Ltd.
2. Date of occurrence: May 22, 115 (Republic of China calendar).
3. Board approval date: May 22, 115.
4. Transaction quantity, unit price, and total amount: 61,250,000 shares at 11.63 TWD per share, totaling 712,836,810 TWD.
5. Transaction counterparty and relationship: Y-Sun Energy Co., Ltd.; related party.
6. Reason for selecting the counterparty: Y-Sun Energy is currently a shareholder of Yi-Yang Green Energy and is an approved project developer selected by the Pingtung County Government.
7. Basis for pricing: Based on the reasonableness opinion provided by an accountant, considering profitability and future development potential.
8. Purpose of the acquisition: Business investment.
9. Source of funds: Own capital.
2. Date of occurrence: May 22, 115 (Republic of China calendar).
3. Board approval date: May 22, 115.
4. Transaction quantity, unit price, and total amount: 61,250,000 shares at 11.63 TWD per share, totaling 712,836,810 TWD.
5. Transaction counterparty and relationship: Y-Sun Energy Co., Ltd.; related party.
6. Reason for selecting the counterparty: Y-Sun Energy is currently a shareholder of Yi-Yang Green Energy and is an approved project developer selected by the Pingtung County Government.
7. Basis for pricing: Based on the reasonableness opinion provided by an accountant, considering profitability and future development potential.
8. Purpose of the acquisition: Business investment.
9. Source of funds: Own capital.
FAQ
What is the core business of Chailease Group?
It provides diverse financial services, including leasing, installment sales, financing, and renewable energy investment.
Why was the investment in Yi-Yang Green Energy made?
It is a business investment aimed at expanding operations and ensuring profitability in the renewable energy sector.
What is the relationship with Y-Sun Energy (力暘能源)?
Y-Sun Energy is a shareholder of Yi-Yang Green Energy and is a related party (business partner) to the Chailease Group.