[Xin Lu Holdings] Announcement by subsidiary Xin Da Engineering Co., Ltd. regarding capital increase in Chengxi Energy Co., Ltd.
Xin Da Engineering, a subsidiary of Xin Lu Holdings, will increase capital in its wholly-owned subsidiary Chengxi Energy by NT$300 million to strengthen its capital structure.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 09:00
- 🔍 Collected: April 16, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 00:54 (64h 54m after Collected)
1. Name and Nature of Target Asset (if preferred stock, indicate terms such as dividend rate): Ordinary shares of Chengxi Energy Co., Ltd.
2. Date of Event: April 15, 2026 ~ April 15, 2026
3. Date of Board Approval: April 15, 2026
4. Other Approval Dates: Not applicable
5. Transaction Quantity, Price Per Unit, and Total Transaction Amount:
1. Transaction Quantity: 30,000,000 shares.
2. Price Per Unit: Par value of NT$10 per share, transacted at par.
3. Total Transaction Amount: NT$300,000,000.
6. Counterparty and Relationship with Company (if counterparty is an individual and not related to the company, name may be omitted): Chengxi Energy Co., Ltd., a wholly-owned subsidiary of Xin Da Engineering Co., Ltd.
7. If counterparty is a related party, disclose reason for selection, previous owner, relationship between previous owner, company, and counterparty, previous transfer date and amount: Not applicable.
8. If the owner of the target asset has been a related party to the company within the last five years, disclose acquisition and disposal dates, prices, and relationship with the company at the time of transaction: Not applicable.
9. Matters related to disposal of receivables (including type of collateral, names of related parties if debt is to a related party, and book value of disposed receivables): Not applicable.
10. Disposal Gain (or Loss) (Not applicable for acquisition of securities) (For deferred items, explain recognition status): Not applicable.
11. Delivery or Payment Terms (including payment period and amount), contract restrictions, and other important agreements: To be handled according to Chengxi Energy Co., Ltd.'s capital increase schedule.
12. Decision Method for this Transaction, Reference Basis for Price Determination, and Decision-Making Unit: Approved by the board of directors of Xin Da Engineering Co., Ltd., subscribed at par value.
13. Net Asset Value Per Share of the Company for which Securities were Acquired or Disposed: Not applicable.
14. Cumulative holdings of this transaction's securities (including this transaction) in terms of quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status):
1. Quantity: 277,658,000 shares
2. Amount: NT$2,776,580,000
3. Shareholding Ratio: 100%
4. Restrictions on Rights: None
15. Up to the present, the proportion of securities investment (including this transaction) listed in Article 3 of the "Rules for Publicly Issued Companies Acquiring or Disposing of Assets" to the company's total assets and equity attributable to the parent company owner in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2):
1. Securities investment accounts for 29.19% of total assets in the most recent financial statements.
2. Securities investment accounts for 33.87% of equity attributable to the parent company owner in the most recent financial statements.
3. Amount of working capital in the most recent financial statements: -2,202,793 thousand NT dollars.
16. Broker and Brokerage Fees: Not applicable
17. Specific Purpose or Use of Acquisition or Disposal: To strengthen the capital structure of the subsidiary Chengxi Energy Co., Ltd.
18. Opinions of Dissenting Directors on this Transaction: None
19. Is this transaction a related party transaction? Yes
20. Date of Supervisor Approval or Audit Committee Approval: April 15, 2026
21. Accountant's Opinion on Reasonableness: Not applicable
22. Accounting Firm Name: Not applicable
23. Accountant's Name: Not applicable
24. Accountant's Practice Certificate Number: Not applicable
25. Does it involve a change in business model? No
26. Explanation of Business Model Change: Not applicable
27. Transaction status with counterparty in the past year and expected in the next year: Not applicable
28. Source of Funds: Own funds
29. Date of previous major information release on the same event: Not applicable
30. Other Matters to be Noted: None.
2. Date of Event: April 15, 2026 ~ April 15, 2026
3. Date of Board Approval: April 15, 2026
4. Other Approval Dates: Not applicable
5. Transaction Quantity, Price Per Unit, and Total Transaction Amount:
1. Transaction Quantity: 30,000,000 shares.
2. Price Per Unit: Par value of NT$10 per share, transacted at par.
3. Total Transaction Amount: NT$300,000,000.
6. Counterparty and Relationship with Company (if counterparty is an individual and not related to the company, name may be omitted): Chengxi Energy Co., Ltd., a wholly-owned subsidiary of Xin Da Engineering Co., Ltd.
7. If counterparty is a related party, disclose reason for selection, previous owner, relationship between previous owner, company, and counterparty, previous transfer date and amount: Not applicable.
8. If the owner of the target asset has been a related party to the company within the last five years, disclose acquisition and disposal dates, prices, and relationship with the company at the time of transaction: Not applicable.
9. Matters related to disposal of receivables (including type of collateral, names of related parties if debt is to a related party, and book value of disposed receivables): Not applicable.
10. Disposal Gain (or Loss) (Not applicable for acquisition of securities) (For deferred items, explain recognition status): Not applicable.
11. Delivery or Payment Terms (including payment period and amount), contract restrictions, and other important agreements: To be handled according to Chengxi Energy Co., Ltd.'s capital increase schedule.
12. Decision Method for this Transaction, Reference Basis for Price Determination, and Decision-Making Unit: Approved by the board of directors of Xin Da Engineering Co., Ltd., subscribed at par value.
13. Net Asset Value Per Share of the Company for which Securities were Acquired or Disposed: Not applicable.
14. Cumulative holdings of this transaction's securities (including this transaction) in terms of quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status):
1. Quantity: 277,658,000 shares
2. Amount: NT$2,776,580,000
3. Shareholding Ratio: 100%
4. Restrictions on Rights: None
15. Up to the present, the proportion of securities investment (including this transaction) listed in Article 3 of the "Rules for Publicly Issued Companies Acquiring or Disposing of Assets" to the company's total assets and equity attributable to the parent company owner in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2):
1. Securities investment accounts for 29.19% of total assets in the most recent financial statements.
2. Securities investment accounts for 33.87% of equity attributable to the parent company owner in the most recent financial statements.
3. Amount of working capital in the most recent financial statements: -2,202,793 thousand NT dollars.
16. Broker and Brokerage Fees: Not applicable
17. Specific Purpose or Use of Acquisition or Disposal: To strengthen the capital structure of the subsidiary Chengxi Energy Co., Ltd.
18. Opinions of Dissenting Directors on this Transaction: None
19. Is this transaction a related party transaction? Yes
20. Date of Supervisor Approval or Audit Committee Approval: April 15, 2026
21. Accountant's Opinion on Reasonableness: Not applicable
22. Accounting Firm Name: Not applicable
23. Accountant's Name: Not applicable
24. Accountant's Practice Certificate Number: Not applicable
25. Does it involve a change in business model? No
26. Explanation of Business Model Change: Not applicable
27. Transaction status with counterparty in the past year and expected in the next year: Not applicable
28. Source of Funds: Own funds
29. Date of previous major information release on the same event: Not applicable
30. Other Matters to be Noted: None.