Bo Teng Announces Board Approval of Capital Increase for Subsidiary Jingcheng Material Co., Ltd.
Bo Teng's board of directors approved a NT$100 million cash capital increase for its wholly-owned subsidiary, Jingcheng Material Co., Ltd. This follows Jingcheng Material's capital reduction of NT$290 million to cover losses, with the aim of long-term investment.
📋 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 08:18 (18 min after Collected)
1. Name and Nature of the Subject Matter (for preferred shares, the agreed terms of issue such as dividend rate should also be specified):
Common shares of Jingcheng Material Co., Ltd.
2. Date of Occurrence of the Event: 2026/5/8~2026/5/8
3. Date of Board Resolution: May 8, 2026
4. Other Approval Dates: Not applicable
5. Transaction Volume, Unit Price, and Total Transaction Amount:
Transaction volume: 10,000,000 shares
Unit price: NT$10 per share
Total transaction amount: NT$100,000,000
6. Counterparty and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted):
Counterparty: Jingcheng Material Co., Ltd.
Relationship with the company: 100% owned subsidiary of the company
7. If the counterparty is a related party, the reason for selecting the related party as the transaction counterparty, the previous owner of the transferred asset, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and the transfer amount shall also be disclosed:
Not applicable
8. If the ownership of the transaction subject matter has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction shall also be disclosed:
Not applicable
9. Matters related to the disposal of claims (including the type of collateral attached to the claims, and if the disposed claims belong to claims against a related party, the name of the related party and the book value of the disposed claims against that related party shall also be disclosed):
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):
Not applicable
11. Delivery or payment terms (including payment period and amount), contract restriction clauses, and other important agreed matters:
One-time payment
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
Board resolution
13. Net asset value per share of the target company for the acquisition or disposal of securities:
NT$5.99
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of this transaction's securities (including this transaction):
Accumulated quantity of this transaction's securities (including this transaction): 59,000,000 shares
Accumulated amount of this transaction's securities (including this transaction): NT$745,100,000
Accumulated shareholding ratio of this transaction's securities (including this transaction): 100%
Restrictions on rights (e.g., pledge status): None
15. As of now, the proportion of securities investment 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 company's latest financial report, and the working capital amount in the latest financial report (Note 2):
Proportion to total assets: 70.57%
Proportion to owners' equity: 92.48%
Working capital amount: NT$181,774,000
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of acquisition or disposal:
Long-term investment
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:
May 8, 2026
21. Accountant's opinion on this transaction being unreasonable: Not applicable
22. Accounting firm name:
Not applicable
23. Accountant's name:
Not applicable
24. Accountant's license number:
Not applicable
25. Does it involve changes in operating model: No
26. Explanation of changes in operating model:
Not applicable
27. Transaction status with 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 matter: Not applicable
30. Other explanatory matters:
Jingcheng Material Co., Ltd. will undergo a capital reduction of NT$290,000,000 to cover losses. After the capital reduction, the paid-in capital will be NT$490,000,000, followed by this cash capital increase of NT$100,000,000.
Keywords: Material Information
Common shares of Jingcheng Material Co., Ltd.
2. Date of Occurrence of the Event: 2026/5/8~2026/5/8
3. Date of Board Resolution: May 8, 2026
4. Other Approval Dates: Not applicable
5. Transaction Volume, Unit Price, and Total Transaction Amount:
Transaction volume: 10,000,000 shares
Unit price: NT$10 per share
Total transaction amount: NT$100,000,000
6. Counterparty and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted):
Counterparty: Jingcheng Material Co., Ltd.
Relationship with the company: 100% owned subsidiary of the company
7. If the counterparty is a related party, the reason for selecting the related party as the transaction counterparty, the previous owner of the transferred asset, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and the transfer amount shall also be disclosed:
Not applicable
8. If the ownership of the transaction subject matter has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction shall also be disclosed:
Not applicable
9. Matters related to the disposal of claims (including the type of collateral attached to the claims, and if the disposed claims belong to claims against a related party, the name of the related party and the book value of the disposed claims against that related party shall also be disclosed):
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):
Not applicable
11. Delivery or payment terms (including payment period and amount), contract restriction clauses, and other important agreed matters:
One-time payment
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
Board resolution
13. Net asset value per share of the target company for the acquisition or disposal of securities:
NT$5.99
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of this transaction's securities (including this transaction):
Accumulated quantity of this transaction's securities (including this transaction): 59,000,000 shares
Accumulated amount of this transaction's securities (including this transaction): NT$745,100,000
Accumulated shareholding ratio of this transaction's securities (including this transaction): 100%
Restrictions on rights (e.g., pledge status): None
15. As of now, the proportion of securities investment 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 company's latest financial report, and the working capital amount in the latest financial report (Note 2):
Proportion to total assets: 70.57%
Proportion to owners' equity: 92.48%
Working capital amount: NT$181,774,000
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of acquisition or disposal:
Long-term investment
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:
May 8, 2026
21. Accountant's opinion on this transaction being unreasonable: Not applicable
22. Accounting firm name:
Not applicable
23. Accountant's name:
Not applicable
24. Accountant's license number:
Not applicable
25. Does it involve changes in operating model: No
26. Explanation of changes in operating model:
Not applicable
27. Transaction status with 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 matter: Not applicable
30. Other explanatory matters:
Jingcheng Material Co., Ltd. will undergo a capital reduction of NT$290,000,000 to cover losses. After the capital reduction, the paid-in capital will be NT$490,000,000, followed by this cash capital increase of NT$100,000,000.
Keywords: Material Information