【Ennostar】Announcement on behalf of its subsidiary Epistar JV Holding (BVI) Co., Ltd.'s Board of Directors: Cash Capital Reduction to Refund Capital to Single Corporate Shareholder Ennostar Optronics
Ennostar's consolidated subsidiary, Epistar JV Holding (BVI) Co., Ltd., announced a cash capital reduction to its single corporate shareholder, Ennostar Optronics, as part of its group strategy. The capital reduction amount is USD 38.2 million, representing a 7.91% reduction ratio.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:46 (46 min after Collected)
1. Date of Board of Directors resolution: 2026/05/08
2. Reason for capital reduction: To align with group strategy and enhance capital utilization efficiency
3. Capital reduction amount: USD 38,200,000
4. Shares eliminated: 3,820 shares
5. Capital reduction ratio: 7.91%
6. Capital after reduction: USD 444,580,000
7. Scheduled date of shareholder meeting: 2026/05/08
8. Number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of listed common shares after capital reduction and new share listing to total issued common shares (listed common shares after capital reduction / total issued common shares after capital reduction): Not applicable
10. For cases where the number of listed common shares after capital reduction 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: 2026/05/21
12. Other matters that should be specified: None
2. Reason for capital reduction: To align with group strategy and enhance capital utilization efficiency
3. Capital reduction amount: USD 38,200,000
4. Shares eliminated: 3,820 shares
5. Capital reduction ratio: 7.91%
6. Capital after reduction: USD 444,580,000
7. Scheduled date of shareholder meeting: 2026/05/08
8. Number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of listed common shares after capital reduction and new share listing to total issued common shares (listed common shares after capital reduction / total issued common shares after capital reduction): Not applicable
10. For cases where the number of listed common shares after capital reduction 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: 2026/05/21
12. Other matters that should be specified: None