AVC: On behalf of subsidiary - AVC TECH. (VIETNAM) CO., LTD. Announcement of land lease and entrusted construction of electromechanical and supporting renovation engineering contracts
AVC's subsidiary, AVC TECH. (VIETNAM) CO., LTD., signed an electromechanical and supporting renovation engineering contract with Chuang Hsing International Construction Co., Ltd. on April 14, 2026. The total contract amount is approximately VND 816 billion, equivalent to NTD 979 million. This project aims to meet the subsidiary's production and operational needs in Vietnam and is not a related party transaction.
📋 Article Processing Timeline
- 📰 Published: April 14, 2026 at 09:00
- 🔍 Collected: April 15, 2026 at 11:00 (26h 0m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 12:10 (1h 10m after Collected)
1. Type of contract: Engineering contract
2. Date of occurrence: 2026/4/14~2026/4/14
3. Date of board approval: April 14, 2026
4. Other approval dates: Not applicable
5. Counterparty and its relationship with the company:
Counterparty: Chuang Hsing International Construction Co., Ltd.
Relationship with the company: None.
6. Main content of the contract (including total contract amount, estimated investment amount, and contract start/end dates), restrictions, and other important agreements:
Signed electromechanical and supporting renovation engineering contracts for AVC TECH. (VIETNAM) CO., LTD. with Chuang Hsing International Construction Co., Ltd.
Total contract amount: Approximately VND 816 billion (exchange rate 833, approximately NTD 979 million)
7. Name of professional appraiser firm or company and appraisal results:
Not applicable
8. Name of real estate appraiser:
Not applicable
9. Real estate appraiser's license number:
Not applicable
10. Specific purpose of acquisition:
For production and operation
11. Opinions of directors who dissented from this transaction:
None
12. Is this transaction a related party transaction: No
13. Date of approval by supervisors or audit committee:
Not applicable
14. Is the appraisal report a limited price, specific price, or special price: No or not applicable
15. Has the appraisal report not yet been obtained: No or not applicable
16. Reason for not yet obtaining the appraisal report:
Not applicable
17. If there is a significant difference in the appraisal results, the reason for the difference and the accountant's opinion:
Not applicable
18. Name of accounting firm:
Not applicable
19. Name of accountant:
Not applicable
20. Accountant's license number:
Not applicable
21. Date of previous significant announcement regarding the same event: Not applicable
22. Other matters to be specified:
None.
2. Date of occurrence: 2026/4/14~2026/4/14
3. Date of board approval: April 14, 2026
4. Other approval dates: Not applicable
5. Counterparty and its relationship with the company:
Counterparty: Chuang Hsing International Construction Co., Ltd.
Relationship with the company: None.
6. Main content of the contract (including total contract amount, estimated investment amount, and contract start/end dates), restrictions, and other important agreements:
Signed electromechanical and supporting renovation engineering contracts for AVC TECH. (VIETNAM) CO., LTD. with Chuang Hsing International Construction Co., Ltd.
Total contract amount: Approximately VND 816 billion (exchange rate 833, approximately NTD 979 million)
7. Name of professional appraiser firm or company and appraisal results:
Not applicable
8. Name of real estate appraiser:
Not applicable
9. Real estate appraiser's license number:
Not applicable
10. Specific purpose of acquisition:
For production and operation
11. Opinions of directors who dissented from this transaction:
None
12. Is this transaction a related party transaction: No
13. Date of approval by supervisors or audit committee:
Not applicable
14. Is the appraisal report a limited price, specific price, or special price: No or not applicable
15. Has the appraisal report not yet been obtained: No or not applicable
16. Reason for not yet obtaining the appraisal report:
Not applicable
17. If there is a significant difference in the appraisal results, the reason for the difference and the accountant's opinion:
Not applicable
18. Name of accounting firm:
Not applicable
19. Name of accountant:
Not applicable
20. Accountant's license number:
Not applicable
21. Date of previous significant announcement regarding the same event: Not applicable
22. Other matters to be specified:
None.
FAQ
What is the purpose of the contract signed by AVC's Vietnamese subsidiary?
The contract aims to meet the subsidiary's production and operational needs in Vietnam.
What is the total amount of the contract?
The total contract amount is approximately VND 816 billion (approximately NTD 979 million).