[Shihlin Electric] Announcement regarding cash capital reduction by important subsidiary British Virgin Islands Shihlin Electric & Engineering International Investment Co., Ltd.
Shihlin Electric announced that its important subsidiary, British Virgin Islands Shihlin Electric & Engineering International Investment Co., Ltd., will conduct a cash capital reduction of US$1,950,000. The capital reduction ratio is 3.99%, and the capital after reduction will be US$46,878,287. This decision was approved by the Board of Directors on May 13, 2026.
📋 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 09:14 (1h 13m after Collected)
1. Date of board of directors' resolution: 2026/05/13
2. Reason for capital reduction: Cash capital reduction to return share capital
3. Capital reduction amount: US$1,950,000
4. Shares to be cancelled: Not applicable
5. Capital reduction ratio: 3.99%
6. Capital after capital reduction: US$46,878,287
7. Scheduled date of shareholders' meeting: Not applicable
8. Estimated number of listed common shares after capital reduction and new shares listing: Not applicable
9. Ratio of estimated number of listed common shares after capital reduction and new shares listing to outstanding common shares (number of listed common shares after capital reduction / number of outstanding common shares after capital reduction): Not applicable
10. For cases where the estimated number of listed common shares after capital reduction mentioned in the preceding two items is less than 60 million shares and less than 25%, please explain countermeasures for low stock liquidity: Not applicable
11. Capital reduction record date: 2026/05/13
12. Other matters to be specified: None. Keyword: Material Information
2. Reason for capital reduction: Cash capital reduction to return share capital
3. Capital reduction amount: US$1,950,000
4. Shares to be cancelled: Not applicable
5. Capital reduction ratio: 3.99%
6. Capital after capital reduction: US$46,878,287
7. Scheduled date of shareholders' meeting: Not applicable
8. Estimated number of listed common shares after capital reduction and new shares listing: Not applicable
9. Ratio of estimated number of listed common shares after capital reduction and new shares listing to outstanding common shares (number of listed common shares after capital reduction / number of outstanding common shares after capital reduction): Not applicable
10. For cases where the estimated number of listed common shares after capital reduction mentioned in the preceding two items is less than 60 million shares and less than 25%, please explain countermeasures for low stock liquidity: Not applicable
11. Capital reduction record date: 2026/05/13
12. Other matters to be specified: None. Keyword: Material Information