Shinewin Announces Organizational Restructuring of Invested Subsidiary
Shinewin is undertaking an organizational restructuring of its invested subsidiary. Its subsidiary, Yaolin Co., Ltd., will acquire 29,106,000 common shares of Qicheng Construction Co., Ltd. at approximately NT$10 per share, totaling NT$291 million. This transaction is part of the group's organizational restructuring and will not result in any disposal gains or losses on Shinewin's consolidated financial statements.
📋 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 12:15 (1h 15m after Collected)
1. Name and Nature of the Subject Matter (for preferred shares, the agreed terms of issuance such as dividend rate should also be specified): Common shares of Qicheng Construction Co., Ltd.
2. Date of Occurrence: 2026/4/14 ~ 2026/4/14.
3. Date of Board of Directors' Resolution: April 14, 2026.
4. Other Approval Dates: Not applicable.
5. Quantity, Unit Price, and Total Transaction Amount: Transaction quantity: 29,106,000 shares. Unit price: approximately NT$10/share. Total transaction amount: NT$291,000,000.
6. Counterparty and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Counterparty: Yaolin Co., Ltd. Its relationship with the company: Yaolin Co., Ltd. is a 100% owned subsidiary of the company.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and transfer amount should also be announced: (1) Reason for selecting the related party as the transaction object: Group organizational restructuring. (2) Previous transfer information: Not applicable.
8. If the ownership of the transaction object has been a related party of the company within the last five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be announced: Not applicable.
9. Matters related to the disposal of claims (including the type of collateral attached to the claims, and if the claims are against a related party, the name of the related party and the book value of the claims against that related party should also be announced): Not applicable.
10. Disposal profit (or loss) (not applicable for acquisition of securities) (for deferred items, a table should be provided to explain the recognition status): This transaction is for group organizational restructuring and will not result in disposal gains or losses on the company's consolidated financial statements.
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: As agreed in the contract.
12. Method of Determining this Transaction, Reference Basis for Price Determination, and Decision-Making Unit: Method of determining this transaction and decision-making unit: Board of Directors. Reference basis for price determination: The transaction amount for this case is determined by evaluating factors such as the self-reported net value and estimated capital increase amount.
13. Net Asset Value per Share of the Acquired or Disposed Securities Target Company: NT$10.00.
14. As of now, the cumulative quantity, amount, shareholding ratio, and restricted rights (e.g., pledge status) of this transaction's securities (including this transaction): Quantity: 19,404,000 shares. Amount: NT$194,040,000. Shareholding ratio: 40%. Restricted rights: None.
15. As of now, the proportion of securities investments (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the company's most recent financial report, and the amount of working capital in the most recent financial report (Note 2): Proportion to total assets: 3.51%. Proportion to shareholders' equity: 11.27%. Working capital amount: NT$2,389,917 thousand.
16. Broker and Brokerage Fees: None.
17. Specific Purpose or Use of Acquisition or Disposal: Group organizational restructuring.
18. Opinions of Dissenting Directors on this Transaction: None.
19. This transaction is a related party transaction: Yes.
20. Date of Approval by Supervisors or Audit Committee: April 14, 2026.
21. The accountant issued an unreasonable opinion on this transaction: No.
22. Accounting Firm Name: Yongsheng United CPA Firm.
23. Accountant Name: Wu Shang-wen.
24. Accountant's Practice Certificate Number: Taipei City CPA Certificate No.: 1713. Taiwan Province CPA Certificate No.: 1951.
25. Does it involve changes in operating model: No.
26. Explanation of changes in operating model: Not applicable.
27. Transaction status with the counterparty in the past year and estimated next year: Yaolin Co., Ltd. is a construction contractor for the company, and the transactions between them are normal construction contracting business. Amount paid in the past year: NT$82,500,000. Estimated amount to be paid in the next year: NT$205,448,210.
28. Source of Funds: Own funds.
29. Date of previous major announcement regarding the same event: Not applicable.
30. Other Explanations: None.
2. Date of Occurrence: 2026/4/14 ~ 2026/4/14.
3. Date of Board of Directors' Resolution: April 14, 2026.
4. Other Approval Dates: Not applicable.
5. Quantity, Unit Price, and Total Transaction Amount: Transaction quantity: 29,106,000 shares. Unit price: approximately NT$10/share. Total transaction amount: NT$291,000,000.
6. Counterparty and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Counterparty: Yaolin Co., Ltd. Its relationship with the company: Yaolin Co., Ltd. is a 100% owned subsidiary of the company.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and transfer amount should also be announced: (1) Reason for selecting the related party as the transaction object: Group organizational restructuring. (2) Previous transfer information: Not applicable.
8. If the ownership of the transaction object has been a related party of the company within the last five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be announced: Not applicable.
9. Matters related to the disposal of claims (including the type of collateral attached to the claims, and if the claims are against a related party, the name of the related party and the book value of the claims against that related party should also be announced): Not applicable.
10. Disposal profit (or loss) (not applicable for acquisition of securities) (for deferred items, a table should be provided to explain the recognition status): This transaction is for group organizational restructuring and will not result in disposal gains or losses on the company's consolidated financial statements.
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements: As agreed in the contract.
12. Method of Determining this Transaction, Reference Basis for Price Determination, and Decision-Making Unit: Method of determining this transaction and decision-making unit: Board of Directors. Reference basis for price determination: The transaction amount for this case is determined by evaluating factors such as the self-reported net value and estimated capital increase amount.
13. Net Asset Value per Share of the Acquired or Disposed Securities Target Company: NT$10.00.
14. As of now, the cumulative quantity, amount, shareholding ratio, and restricted rights (e.g., pledge status) of this transaction's securities (including this transaction): Quantity: 19,404,000 shares. Amount: NT$194,040,000. Shareholding ratio: 40%. Restricted rights: None.
15. As of now, the proportion of securities investments (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the company's most recent financial report, and the amount of working capital in the most recent financial report (Note 2): Proportion to total assets: 3.51%. Proportion to shareholders' equity: 11.27%. Working capital amount: NT$2,389,917 thousand.
16. Broker and Brokerage Fees: None.
17. Specific Purpose or Use of Acquisition or Disposal: Group organizational restructuring.
18. Opinions of Dissenting Directors on this Transaction: None.
19. This transaction is a related party transaction: Yes.
20. Date of Approval by Supervisors or Audit Committee: April 14, 2026.
21. The accountant issued an unreasonable opinion on this transaction: No.
22. Accounting Firm Name: Yongsheng United CPA Firm.
23. Accountant Name: Wu Shang-wen.
24. Accountant's Practice Certificate Number: Taipei City CPA Certificate No.: 1713. Taiwan Province CPA Certificate No.: 1951.
25. Does it involve changes in operating model: No.
26. Explanation of changes in operating model: Not applicable.
27. Transaction status with the counterparty in the past year and estimated next year: Yaolin Co., Ltd. is a construction contractor for the company, and the transactions between them are normal construction contracting business. Amount paid in the past year: NT$82,500,000. Estimated amount to be paid in the next year: NT$205,448,210.
28. Source of Funds: Own funds.
29. Date of previous major announcement regarding the same event: Not applicable.
30. Other Explanations: None.