【Hui Sheng-Chuang】The company's board of directors resolved to conduct a private placement of common shares through cash capital increase
Hui Sheng-Chuang's board of directors resolved to issue common shares through a private placement cash capital increase, with a maximum of 2,000 thousand shares at a par value of NTD 10 per share. The purpose of the fundraising is to replenish working capital, expand the market, and repay long-term loans. The private placement price will be determined based on the Securities Exchange Act and the regulations of the Financial Supervisory Commission, targeting specific investors.
📋 Article Processing Timeline
- 📰 Published: April 7, 2026 at 09:00
- 🔍 Collected: April 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 11:19 (171h 19m after Collected)
1. Date of board of directors' resolution: 2026/04/07
2. Type of privately placed securities: Common shares
3. Private placement target and its relationship with the company:
(1) The target of this private placement of common shares is limited to specific persons who meet the provisions of Article 43-6 of the Securities Exchange Act and the order of the Financial Supervisory Commission, Jin-Guan-Zheng-Fa-Zi No. 1120383220, and must be strategic investors.
(2) Currently, there are no strategic investors that have been approached.
4. Number of privately placed shares or units: Not exceeding 2,000 thousand shares.
5. Amount of private placement:
Within the limit of not exceeding 2,000 thousand shares, with a par value of NTD 10 per share, the board of directors is authorized to conduct the private placement of common shares through cash capital increase in one or more tranches within one year from the date of the shareholders' resolution.
6. Basis and reasonableness of the private placement price determination:
(1) The price determination for this private placement of common shares shall be handled in accordance with the reference price provisions of the "Notes for Public Companies Handling Private Placement of Securities", and shall not be lower than 80% of the higher of the prices calculated based on the following two criteria:
A. The simple arithmetic average of the closing prices of common shares calculated on one, three, or five business days before the pricing date, after deducting ex-rights and ex-dividends for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
B. The simple arithmetic average of the closing prices of common shares on the thirty business days before the pricing date, after deducting ex-rights and ex-dividends for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
(2) However, the actual pricing date and actual issue price will be submitted to the shareholders' meeting for authorization to the board of directors to determine based on the above methods and the situation of approaching specific persons in the future.
(3) The determination of the private placement price is based on the regulations of the competent authority, plus consideration of the three-year transfer restriction on privately placed securities under the Securities Exchange Act, which should be reasonable.
7. Purpose of the funds from this private placement:
To replenish working capital, expand the market, and repay long-term loans.
8. Reasons for not adopting public offering:
Considering the capital market conditions, the timeliness and feasibility of capital raising, issuance costs, and the actual needs of introducing strategic investors; and privately placed securities are subject to transfer restrictions for a certain period in accordance with legal regulations, which can ensure a long-term cooperative relationship between the company and strategic investors; in addition, through the board of directors handling private placement based on the company's actual operational needs, it will increase the company's flexibility and agility in fundraising, so a private placement method is adopted instead of a public offering.
9. Independent directors' dissenting or reserved opinions: None.
10. Actual pricing date: Not applicable.
11. Reference price: Not applicable.
12. Actual private placement price, conversion or subscription price: Not applicable.
13. Rights and obligations of the new shares in this private placement:
The rights and obligations of the common shares issued in this private placement cash capital increase are generally the same as the company's issued common shares. Except for transfer targets that comply with Article 43-8 of the Securities Exchange Act, the common shares in this private placement are restricted from transfer within three years from the delivery date. After three years from the delivery date of the privately placed common shares, if they comply with relevant legal regulations, an application can be made to the securities competent authority for supplementary public issuance and application for listing and trading of shares.
14. If accompanied by conversion, exchange, or subscription, the conversion basis date: Not applicable.
15. If accompanied by conversion, exchange, or subscription, the possible dilution of equity: Not applicable.
16. If the estimated listed common shares in the preceding item are less than 60 million shares and less than 25%, please explain the countermeasures for low equity liquidity: Not applicable.
17. Other matters to be specified:
(1) The main contents of this private placement of common shares plan, including the actual number of privately placed shares, the actual private placement price, the selection of subscribers, the record date, issuance conditions, project items, use of funds and progress, expected benefits, and other related matters, as well as all other matters related to the issuance plan, will be submitted to the shareholders' meeting for authorization to the board of directors to adjust, determine, and handle based on market conditions. In the future, if there are changes due to changes in laws or requirements from the competent authority, or based on operational evaluation, or changes due to objective environmental needs, the board of directors is also authorized to handle them with full authority.
(2) In addition to the scope of authorization mentioned above, the shareholders' meeting will be requested to authorize the chairman to represent the company in signing, negotiating, and changing all contracts and documents related to the private placement of common shares, and to handle all matters required for the company to issue privately placed common shares.
Keywords: Material Information
2. Type of privately placed securities: Common shares
3. Private placement target and its relationship with the company:
(1) The target of this private placement of common shares is limited to specific persons who meet the provisions of Article 43-6 of the Securities Exchange Act and the order of the Financial Supervisory Commission, Jin-Guan-Zheng-Fa-Zi No. 1120383220, and must be strategic investors.
(2) Currently, there are no strategic investors that have been approached.
4. Number of privately placed shares or units: Not exceeding 2,000 thousand shares.
5. Amount of private placement:
Within the limit of not exceeding 2,000 thousand shares, with a par value of NTD 10 per share, the board of directors is authorized to conduct the private placement of common shares through cash capital increase in one or more tranches within one year from the date of the shareholders' resolution.
6. Basis and reasonableness of the private placement price determination:
(1) The price determination for this private placement of common shares shall be handled in accordance with the reference price provisions of the "Notes for Public Companies Handling Private Placement of Securities", and shall not be lower than 80% of the higher of the prices calculated based on the following two criteria:
A. The simple arithmetic average of the closing prices of common shares calculated on one, three, or five business days before the pricing date, after deducting ex-rights and ex-dividends for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
B. The simple arithmetic average of the closing prices of common shares on the thirty business days before the pricing date, after deducting ex-rights and ex-dividends for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
(2) However, the actual pricing date and actual issue price will be submitted to the shareholders' meeting for authorization to the board of directors to determine based on the above methods and the situation of approaching specific persons in the future.
(3) The determination of the private placement price is based on the regulations of the competent authority, plus consideration of the three-year transfer restriction on privately placed securities under the Securities Exchange Act, which should be reasonable.
7. Purpose of the funds from this private placement:
To replenish working capital, expand the market, and repay long-term loans.
8. Reasons for not adopting public offering:
Considering the capital market conditions, the timeliness and feasibility of capital raising, issuance costs, and the actual needs of introducing strategic investors; and privately placed securities are subject to transfer restrictions for a certain period in accordance with legal regulations, which can ensure a long-term cooperative relationship between the company and strategic investors; in addition, through the board of directors handling private placement based on the company's actual operational needs, it will increase the company's flexibility and agility in fundraising, so a private placement method is adopted instead of a public offering.
9. Independent directors' dissenting or reserved opinions: None.
10. Actual pricing date: Not applicable.
11. Reference price: Not applicable.
12. Actual private placement price, conversion or subscription price: Not applicable.
13. Rights and obligations of the new shares in this private placement:
The rights and obligations of the common shares issued in this private placement cash capital increase are generally the same as the company's issued common shares. Except for transfer targets that comply with Article 43-8 of the Securities Exchange Act, the common shares in this private placement are restricted from transfer within three years from the delivery date. After three years from the delivery date of the privately placed common shares, if they comply with relevant legal regulations, an application can be made to the securities competent authority for supplementary public issuance and application for listing and trading of shares.
14. If accompanied by conversion, exchange, or subscription, the conversion basis date: Not applicable.
15. If accompanied by conversion, exchange, or subscription, the possible dilution of equity: Not applicable.
16. If the estimated listed common shares in the preceding item are less than 60 million shares and less than 25%, please explain the countermeasures for low equity liquidity: Not applicable.
17. Other matters to be specified:
(1) The main contents of this private placement of common shares plan, including the actual number of privately placed shares, the actual private placement price, the selection of subscribers, the record date, issuance conditions, project items, use of funds and progress, expected benefits, and other related matters, as well as all other matters related to the issuance plan, will be submitted to the shareholders' meeting for authorization to the board of directors to adjust, determine, and handle based on market conditions. In the future, if there are changes due to changes in laws or requirements from the competent authority, or based on operational evaluation, or changes due to objective environmental needs, the board of directors is also authorized to handle them with full authority.
(2) In addition to the scope of authorization mentioned above, the shareholders' meeting will be requested to authorize the chairman to represent the company in signing, negotiating, and changing all contracts and documents related to the private placement of common shares, and to handle all matters required for the company to issue privately placed common shares.
Keywords: Material Information