[CMP] Announcement of the Board of Directors' resolution on reinvestment in Suzhou CMP Precision Machinery Co., Ltd. through subsidiary CMP (HONG KONG) INDUSTRY CO., LTD.
CMP has resolved through its Board of Directors to reinvest $20 million of earnings into its subsidiary, Suzhou CMP Precision Machinery Co., Ltd., via CMP (HONG KONG) INDUSTRY CO., LTD.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 09:00
- 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:59 (82h 59m after Collected)
1. Date of occurrence: May 27, 2026
2. Investment method: Reinvestment of earnings
3. Date of Board resolution: May 27, 2026
4. Other approval dates: N/A
5. Transaction amount: $20,000,000 USD
6. Name of the Chinese investee: Suzhou CMP Precision Machinery Co., Ltd.
7. Paid-in capital of the investee: $4,000,000 USD
8. Proposed capital increase: $20,000,000 USD
9. Main business: R&D, manufacturing, and sales of automotive, agricultural, and construction machinery components, precision casting, and molds.
10. Auditor's opinion: N/A
11. Total equity: 1,032,649,217.10 RMB
12. Net profit/loss: 67,259,994.63 RMB
13. Actual investment to date: $4,000,000 USD
14. Relationship with counterparty: N/A
15. Reason for related party transaction: N/A
16. Ownership transfer in last 5 years: N/A
17. Disposal gain/loss: N/A
18. Payment terms: Per Board resolution
19. Pricing basis: Per Board resolution
20. Broker: N/A
21. Purpose: Reinvestment of earnings
22. Dissenting opinions: None
23. Related party transaction: Yes
24. Audit committee: N/A
25. Total approved investment in China: $233,602,000 USD
26. Ratio to paid-in capital: 177%
27. Ratio to total assets: 26%
28. Ratio to parent equity: 50%
29. Actual investment in China: $216,948,000 USD
30. Ratio to paid-in capital: 164%
31. Ratio to total assets: 25%
32. Ratio to parent equity: 46%
33. Investment P/L (last 3 years): 2023: 315,335k TWD; 2024: 359,086k TWD; 2025: 392,706k TWD
34. Profit repatriation: 2023: 97,942k TWD; 2024: 0 TWD; 2025: 471,718k TWD
35. Auditor's non-reasonableness opinion: N/A
2. Investment method: Reinvestment of earnings
3. Date of Board resolution: May 27, 2026
4. Other approval dates: N/A
5. Transaction amount: $20,000,000 USD
6. Name of the Chinese investee: Suzhou CMP Precision Machinery Co., Ltd.
7. Paid-in capital of the investee: $4,000,000 USD
8. Proposed capital increase: $20,000,000 USD
9. Main business: R&D, manufacturing, and sales of automotive, agricultural, and construction machinery components, precision casting, and molds.
10. Auditor's opinion: N/A
11. Total equity: 1,032,649,217.10 RMB
12. Net profit/loss: 67,259,994.63 RMB
13. Actual investment to date: $4,000,000 USD
14. Relationship with counterparty: N/A
15. Reason for related party transaction: N/A
16. Ownership transfer in last 5 years: N/A
17. Disposal gain/loss: N/A
18. Payment terms: Per Board resolution
19. Pricing basis: Per Board resolution
20. Broker: N/A
21. Purpose: Reinvestment of earnings
22. Dissenting opinions: None
23. Related party transaction: Yes
24. Audit committee: N/A
25. Total approved investment in China: $233,602,000 USD
26. Ratio to paid-in capital: 177%
27. Ratio to total assets: 26%
28. Ratio to parent equity: 50%
29. Actual investment in China: $216,948,000 USD
30. Ratio to paid-in capital: 164%
31. Ratio to total assets: 25%
32. Ratio to parent equity: 46%
33. Investment P/L (last 3 years): 2023: 315,335k TWD; 2024: 359,086k TWD; 2025: 392,706k TWD
34. Profit repatriation: 2023: 97,942k TWD; 2024: 0 TWD; 2025: 471,718k TWD
35. Auditor's non-reasonableness opinion: N/A
FAQ
What is the status of CMP's investment in China?
The total approved investment in China accounts for 50% of the parent company's equity.