[Shing Kong Steel] Announcement of Common Stock Acquisition by Subsidiary Xinyuan Investment
Xinyuan Investment, a subsidiary of Shing Kong Steel, announced that it has acquired 189,000 shares of TSMC common stock for a total of approximately 323.22 million TWD between May 21, 2025, and May 20, 2026, for investment portfolio purposes.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 08:19 (19 min after Collected)
1. Security Name: TSMC Common Stock
2. Transaction Date: 114/5/21 - 115/5/20
3. Board Approval Date: N/A
4. Other Authorization Date:
Authorized by: Chairman
Date: May 20, 2026
5. Transaction Volume, Unit Price, and Total Amount:
Volume (shares): 189,000
Unit Price (TWD): 1,710.18
Total Amount (TWD): 323,223,643
6. Gain/Loss on Disposal: N/A
7. Relationship with the Target Company: None
8. Cumulative Holding (including this transaction):
Holding Balance: 131,000 shares
Amount: 286,235,000 TWD
Ownership Percentage: 0.0005%, Encumbrances: None
9. Asset Ratio (per 'Regulations Governing the Acquisition and Disposal of Assets by Public Companies'):
Ratio to Total Assets: 1.11%
Ratio to Equity Attributable to Owners of Parent: 2.71%
Operating Capital: 4,163,173,000 TWD
10. Specific Purpose: Investment Portfolio
11. Dissenting Opinion by Directors: N/A
12. Related Party Transaction: No
13. Transaction Counterparty Relationship: N/A
14. Audit Committee Approval Date: N/A (Authorized by Chairman)
15. Date of Previous Material Information Disclosure: N/A
16. Other Remarks: None
2. Transaction Date: 114/5/21 - 115/5/20
3. Board Approval Date: N/A
4. Other Authorization Date:
Authorized by: Chairman
Date: May 20, 2026
5. Transaction Volume, Unit Price, and Total Amount:
Volume (shares): 189,000
Unit Price (TWD): 1,710.18
Total Amount (TWD): 323,223,643
6. Gain/Loss on Disposal: N/A
7. Relationship with the Target Company: None
8. Cumulative Holding (including this transaction):
Holding Balance: 131,000 shares
Amount: 286,235,000 TWD
Ownership Percentage: 0.0005%, Encumbrances: None
9. Asset Ratio (per 'Regulations Governing the Acquisition and Disposal of Assets by Public Companies'):
Ratio to Total Assets: 1.11%
Ratio to Equity Attributable to Owners of Parent: 2.71%
Operating Capital: 4,163,173,000 TWD
10. Specific Purpose: Investment Portfolio
11. Dissenting Opinion by Directors: N/A
12. Related Party Transaction: No
13. Transaction Counterparty Relationship: N/A
14. Audit Committee Approval Date: N/A (Authorized by Chairman)
15. Date of Previous Material Information Disclosure: N/A
16. Other Remarks: None
FAQ
Why did Shing Kong Steel's subsidiary acquire TSMC shares?
It is part of their treasury management strategy to build an investment portfolio.
Does this trade impact the company's financial performance?
This is a financial investment; its specific impact on earnings has not been disclosed.
What is the purpose of holding TSMC shares by Xinyuan Investment?
The goal is to optimize their portfolio and secure investment returns.