Rih Sheng Financial Holding Announces Board Resolution to Participate in Cash Capital Increase of Subsidiary Jih Ding Circular Economy Investment Holding Co., Ltd.
Rih Sheng Financial Holding, based on a board resolution, will participate in the cash capital increase of its wholly-owned subsidiary, Jih Ding Circular Economy Investment Holding Co., Ltd. It will invest a total of NTD 612,039,780 to acquire 6,171,000 common shares, which will be used as operating funds for the subsidiary.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 09:14 (1h 14m after Collected)
1. Name and nature of the target (for preferred shares, the agreed terms of issue, such as dividend rate, should also be specified): Common shares of Jih Ding Circular Economy Investment Holding Co., Ltd.
2. Date of occurrence: 2026/05/12~2026/05/12
3. Date of board resolution: May 12, 2026 (Republic of China calendar)
4. Other approval dates: Not applicable
5. Transaction quantity, price per unit, and total transaction amount:
(1) Transaction quantity: 6,171,000 shares.
(2) Price per unit: NTD 99.18 per share.
(3) Total transaction amount: NTD 612,039,780.
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted):
Jih Ding Circular Economy Investment Holding Co., Ltd. is a 100% directly held subsidiary of the company.
7. If the counterparty is a related party, the reasons for selecting the related party as the transaction object, the previous transferor, the relationship between the previous transferor and the company and the counterparty, the previous transfer date, and the transfer amount should also be disclosed: Not applicable.
8. If the ownership of the transaction target has been a related party of the company within the past five years, the related party's acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be disclosed: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the disposed receivables belong to related parties, the name of the related party and the book value of the disposed receivables of that related party should be disclosed): Not applicable.
10. Gain (or loss) on disposal (not applicable for acquisition of securities) (those previously deferred should be listed and explained): Not applicable.
11. Terms of delivery or payment (including payment period and amount), contract restrictions, and other important agreements: To be executed according to the terms of the cash capital increase.
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
1. Price: Based on the issue price of the cash capital increase.
2. Decision-making unit: Board of Directors.
13. Net asset value per share of the acquired or disposed securities target company: NTD 97.19.
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (e.s. pledge) of these transaction securities (including this transaction):
(1) Quantity: 109,200,000 shares.
(2) Amount: NTD 10,824,306,053.
(3) Shareholding ratio: 100%.
(4) Restrictions on rights: Part of the shares are pledged to financial institutions.
15. As of now, the proportion of investment in securities listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" (including this transaction) to the total assets and owners' equity attributable to the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
(1) Proportion of long-term and short-term investments to total assets in the latest financial report: 59.84%.
(2) Proportion of long-term and short-term investments to shareholders' equity in the latest financial report: 155.43%.
(3) Working capital amount in the latest individual financial report: (1,877,749,836) NTD. This capital increase is for the operating needs of the subsidiary.
16. Broker and brokerage fees: None.
17. Specific purpose or use of acquisition or disposal: This capital increase is for the operating needs of the subsidiary.
18. Opinions of dissenting directors on this transaction: None.
19. Is this transaction a related party transaction: Yes.
20. Date of approval by supervisors or audit committee: May 12, 2026 (Republic of China calendar).
21. Accountant's non-reasonable opinion on this transaction: Not applicable.
22. Accountant firm name: Not applicable.
23. Accountant name: Not applicable.
24. Accountant certificate number: Not applicable.
25. Does it involve a change in business model: No.
26. Explanation of business model change:
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of funds: Not applicable.
29. Date of previous significant announcement on the same event: Not applicable.
30. Other matters to be specified: None.
Keywords: Material Information
2. Date of occurrence: 2026/05/12~2026/05/12
3. Date of board resolution: May 12, 2026 (Republic of China calendar)
4. Other approval dates: Not applicable
5. Transaction quantity, price per unit, and total transaction amount:
(1) Transaction quantity: 6,171,000 shares.
(2) Price per unit: NTD 99.18 per share.
(3) Total transaction amount: NTD 612,039,780.
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted):
Jih Ding Circular Economy Investment Holding Co., Ltd. is a 100% directly held subsidiary of the company.
7. If the counterparty is a related party, the reasons for selecting the related party as the transaction object, the previous transferor, the relationship between the previous transferor and the company and the counterparty, the previous transfer date, and the transfer amount should also be disclosed: Not applicable.
8. If the ownership of the transaction target has been a related party of the company within the past five years, the related party's acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should also be disclosed: Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, and if the disposed receivables belong to related parties, the name of the related party and the book value of the disposed receivables of that related party should be disclosed): Not applicable.
10. Gain (or loss) on disposal (not applicable for acquisition of securities) (those previously deferred should be listed and explained): Not applicable.
11. Terms of delivery or payment (including payment period and amount), contract restrictions, and other important agreements: To be executed according to the terms of the cash capital increase.
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
1. Price: Based on the issue price of the cash capital increase.
2. Decision-making unit: Board of Directors.
13. Net asset value per share of the acquired or disposed securities target company: NTD 97.19.
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (e.s. pledge) of these transaction securities (including this transaction):
(1) Quantity: 109,200,000 shares.
(2) Amount: NTD 10,824,306,053.
(3) Shareholding ratio: 100%.
(4) Restrictions on rights: Part of the shares are pledged to financial institutions.
15. As of now, the proportion of investment in securities listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" (including this transaction) to the total assets and owners' equity attributable to the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
(1) Proportion of long-term and short-term investments to total assets in the latest financial report: 59.84%.
(2) Proportion of long-term and short-term investments to shareholders' equity in the latest financial report: 155.43%.
(3) Working capital amount in the latest individual financial report: (1,877,749,836) NTD. This capital increase is for the operating needs of the subsidiary.
16. Broker and brokerage fees: None.
17. Specific purpose or use of acquisition or disposal: This capital increase is for the operating needs of the subsidiary.
18. Opinions of dissenting directors on this transaction: None.
19. Is this transaction a related party transaction: Yes.
20. Date of approval by supervisors or audit committee: May 12, 2026 (Republic of China calendar).
21. Accountant's non-reasonable opinion on this transaction: Not applicable.
22. Accountant firm name: Not applicable.
23. Accountant name: Not applicable.
24. Accountant certificate number: Not applicable.
25. Does it involve a change in business model: No.
26. Explanation of business model change:
27. Transaction status with the counterparty in the past year and expected next year: Not applicable.
28. Source of funds: Not applicable.
29. Date of previous significant announcement on the same event: Not applicable.
30. Other matters to be specified: None.
Keywords: Material Information