[Tai-I] Announcement on Waiving Participation in the Cash Capital Increase of Subsidiary 'Shengxin Materials' and Assigning Subscription Rights to Shareholders
Tai-I Energy Technology Co., Ltd. has decided to waive its participation in the cash capital increase of its subsidiary, Shengxin Materials Technology Co., Ltd., and assign the subscription rights for the new shares to its own shareholders. The relevant benchmark dates and schedule have been announced.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 23, 2026 at 08:27 (27 min after Collected)
1. Date of the event: 115/05/22
2. Company name: Tai-I Energy Technology Co., Ltd.
3. Relationship with the company (parent or subsidiary): Parent company
4. Mutual shareholding ratio: Not applicable
5. Reason for the event: Conducted in accordance with the resolutions of the annual general meeting of shareholders and the board of directors held on May 22, 115.
6. Countermeasures: None.
7. Other matters to be specified:
(1) The company intends to waive its participation in the subscription of 20,000,000 new shares issued by the subsidiary 'Shengxin Materials Technology Co., Ltd.' through a cash capital increase, and assign the rights to all shareholders of the company. The issuance price per share is NT$35. All shareholders of the company may subscribe for 33.82795555 shares of Shengxin Materials for every 1,000 shares held (calculated to the eighth decimal place, with subsequent digits unconditionally rounded down).
(2) In coordination with the benchmark date for Shengxin Materials' cash capital increase, the operating schedule for the company's shareholders' subscription has been set as follows:
1. Other interest record date: 115/6/14
2. Stock transfer suspension period: 115/6/10 to 115/6/14
3. Last day for stock transfer: 115/6/9
4. Ex-rights trading date: 115/6/8
5. Payment period for shareholders: From 115/6/15 to 15:30 on 115/6/22
6. Cash capital increase record date of Shengxin Materials Technology Co., Ltd.: 115/6/29
(3) Matters related to the issuance of new shares and other unresolved matters are to be fully authorized to the Chairman by the Board of Directors.
2. Company name: Tai-I Energy Technology Co., Ltd.
3. Relationship with the company (parent or subsidiary): Parent company
4. Mutual shareholding ratio: Not applicable
5. Reason for the event: Conducted in accordance with the resolutions of the annual general meeting of shareholders and the board of directors held on May 22, 115.
6. Countermeasures: None.
7. Other matters to be specified:
(1) The company intends to waive its participation in the subscription of 20,000,000 new shares issued by the subsidiary 'Shengxin Materials Technology Co., Ltd.' through a cash capital increase, and assign the rights to all shareholders of the company. The issuance price per share is NT$35. All shareholders of the company may subscribe for 33.82795555 shares of Shengxin Materials for every 1,000 shares held (calculated to the eighth decimal place, with subsequent digits unconditionally rounded down).
(2) In coordination with the benchmark date for Shengxin Materials' cash capital increase, the operating schedule for the company's shareholders' subscription has been set as follows:
1. Other interest record date: 115/6/14
2. Stock transfer suspension period: 115/6/10 to 115/6/14
3. Last day for stock transfer: 115/6/9
4. Ex-rights trading date: 115/6/8
5. Payment period for shareholders: From 115/6/15 to 15:30 on 115/6/22
6. Cash capital increase record date of Shengxin Materials Technology Co., Ltd.: 115/6/29
(3) Matters related to the issuance of new shares and other unresolved matters are to be fully authorized to the Chairman by the Board of Directors.
FAQ
What does it mean for Tai-I Energy to waive its participation in Shengxin Materials' cash capital increase?
It means the parent company is passing on the rights to subscribe to new shares to its own shareholders rather than subscribing itself.
How can shareholders purchase the new shares?
Shareholders can subscribe by meeting the record date requirements and following the payment procedures within the specified period.
Why is this procedure being followed?
It is designed to support the subsidiary's funding while offering parent company shareholders an opportunity for asset growth.