[Foxlink] Announcement of the company's plan to acquire shares of sub-subsidiary Zhongwei Energy Co., Ltd.
Foxlink announces a board resolution to acquire 80,001,000 shares (a 50% stake) of Zhongwei Energy from its subsidiary Shinfox Energy for NT$800.01 million. This internal restructuring is for long-term investment purposes.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 09:00
- 🔍 Collected: April 18, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 18, 2026 at 21:21 (13h 21m after Collected)
1. Name and nature of the underlying asset (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.): Shares of Zhongwei Energy Co., Ltd.
2. Date of occurrence of the event: April 17, 2026 - April 17, 2026
3. Date of board of directors' resolution: April 17, 2026
4. Date of other decision-making bodies: Not applicable
5. Transaction volume, unit price, and total transaction amount:
Transaction volume: 80,001 thousand shares
Unit price: NT$10 per share
Total transaction amount: NT$800,010 thousand
6. Counterparty and its relationship with the Company (if the counterparty is a natural person and not a related party of the Company, the name may be withheld):
Counterparty: Shinfox Energy Co., Ltd.
Relationship with the Company: Sub-subsidiary of the Company
7. Where the counterparty is a related party, reasons for choosing the related party as the trading counterpart and the identity of the previous owner, its relationship with the Company and the trading counterpart, and the previous transfer date and price:
Reasons for choosing the related party: Based on overall operational and investment planning.
Previous transfer date: January 17, 2025
Previous transfer amount: NT$800,010 thousand
Previous owner: Participated in cash capital increase, thus not applicable.
Relationship between the previous owner, the Company, and the counterparty: Participated in cash capital increase, thus not applicable.
8. Where a related party owned the underlying asset within the past five years, the date and price of acquisition and disposal by the related party, and the related party's relationship to the Company at the time of the transaction:
Date of acquisition by the related party: January 17, 2025
Price of acquisition by the related party: NT$800,010 thousand
Relationship with the Company at the time of transaction: None
9. Matters related to the disposal of claims (including the type of collateral attached to the disposed claims; if the disposed claims are claims against related parties, the name of the related party and the book value of the claims against the related party being disposed of shall also be announced):
Not applicable
10. Profit (or loss) from disposal (not applicable to acquisition of securities) (If originally deferred, the recognition status should be tabulated):
Not applicable
11. Terms of delivery or payment (including payment period and amount), restrictive covenants in the contract, and other important stipulations:
Payment upon board resolution.
12. The manner of deciding on this transaction, the reference basis for the decision on price, and the decision-making department:
Decision-making department: Board of Directors
13. Net worth per share of the company whose securities are acquired or disposed of:
NT$9.95
14. Cumulative number, amount, and shareholding percentage of the securities held (including this transaction) to date, and status of any restriction on rights (e.g., pledges):
Cumulative holdings by Foxlink:
Cumulative number of shares held: 80,001 thousand shares
Cumulative investment amount: NT$800,010 thousand
Shareholding percentage: 50%
Status of restriction on rights: None.
Cumulative holdings by Foxlink's sub-subsidiary, Uway Investment Holding Co., Ltd.:
Cumulative number of shares held: 3,676 thousand shares
Cumulative investment amount: NT$36,760 thousand
Shareholding percentage: 2.3%
Status of restriction on rights: None.
15. Ratio of securities investment (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to total assets and equity attributable to owners of the parent in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2):
Ratio to total assets: 1.15%
Ratio to equity attributable to owners of the parent: 3.63%
Working capital: NT$ -13,564,666 thousand
16. Broker and brokerage fee:
None
17. Concrete purpose or use of the acquisition or disposal:
Long-term investment
18. Any dissenting opinions of directors to the present transaction:
None
19. Is this a related party transaction: Yes
20. Date of the board of supervisors' approval or audit committee's resolution:
April 17, 2026
21. Did the CPA issue an unreasonable opinion regarding the transaction: Not applicable
22. Name of the CPA firm:
Yen Hsin CPAs
23. Name of the CPA:
Wu, Hong-Yi
24. Practice certificate number of the CPA:
Chuan Lien Hui Yi Zi No. 1070015
25. Does it involve a change in business model: No
26. Explanation of change in business model:
Not applicable
27. Transaction history with the counterparty in the past year and expected in the coming year:
Not applicable
28. Source of funds:
Not applicable
29. Date of previous material information announced for the same event: Not applicable
30. Other matters that need to be specified:
None
2. Date of occurrence of the event: April 17, 2026 - April 17, 2026
3. Date of board of directors' resolution: April 17, 2026
4. Date of other decision-making bodies: Not applicable
5. Transaction volume, unit price, and total transaction amount:
Transaction volume: 80,001 thousand shares
Unit price: NT$10 per share
Total transaction amount: NT$800,010 thousand
6. Counterparty and its relationship with the Company (if the counterparty is a natural person and not a related party of the Company, the name may be withheld):
Counterparty: Shinfox Energy Co., Ltd.
Relationship with the Company: Sub-subsidiary of the Company
7. Where the counterparty is a related party, reasons for choosing the related party as the trading counterpart and the identity of the previous owner, its relationship with the Company and the trading counterpart, and the previous transfer date and price:
Reasons for choosing the related party: Based on overall operational and investment planning.
Previous transfer date: January 17, 2025
Previous transfer amount: NT$800,010 thousand
Previous owner: Participated in cash capital increase, thus not applicable.
Relationship between the previous owner, the Company, and the counterparty: Participated in cash capital increase, thus not applicable.
8. Where a related party owned the underlying asset within the past five years, the date and price of acquisition and disposal by the related party, and the related party's relationship to the Company at the time of the transaction:
Date of acquisition by the related party: January 17, 2025
Price of acquisition by the related party: NT$800,010 thousand
Relationship with the Company at the time of transaction: None
9. Matters related to the disposal of claims (including the type of collateral attached to the disposed claims; if the disposed claims are claims against related parties, the name of the related party and the book value of the claims against the related party being disposed of shall also be announced):
Not applicable
10. Profit (or loss) from disposal (not applicable to acquisition of securities) (If originally deferred, the recognition status should be tabulated):
Not applicable
11. Terms of delivery or payment (including payment period and amount), restrictive covenants in the contract, and other important stipulations:
Payment upon board resolution.
12. The manner of deciding on this transaction, the reference basis for the decision on price, and the decision-making department:
Decision-making department: Board of Directors
13. Net worth per share of the company whose securities are acquired or disposed of:
NT$9.95
14. Cumulative number, amount, and shareholding percentage of the securities held (including this transaction) to date, and status of any restriction on rights (e.g., pledges):
Cumulative holdings by Foxlink:
Cumulative number of shares held: 80,001 thousand shares
Cumulative investment amount: NT$800,010 thousand
Shareholding percentage: 50%
Status of restriction on rights: None.
Cumulative holdings by Foxlink's sub-subsidiary, Uway Investment Holding Co., Ltd.:
Cumulative number of shares held: 3,676 thousand shares
Cumulative investment amount: NT$36,760 thousand
Shareholding percentage: 2.3%
Status of restriction on rights: None.
15. Ratio of securities investment (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to total assets and equity attributable to owners of the parent in the most recent financial statements, and the amount of working capital in the most recent financial statements (Note 2):
Ratio to total assets: 1.15%
Ratio to equity attributable to owners of the parent: 3.63%
Working capital: NT$ -13,564,666 thousand
16. Broker and brokerage fee:
None
17. Concrete purpose or use of the acquisition or disposal:
Long-term investment
18. Any dissenting opinions of directors to the present transaction:
None
19. Is this a related party transaction: Yes
20. Date of the board of supervisors' approval or audit committee's resolution:
April 17, 2026
21. Did the CPA issue an unreasonable opinion regarding the transaction: Not applicable
22. Name of the CPA firm:
Yen Hsin CPAs
23. Name of the CPA:
Wu, Hong-Yi
24. Practice certificate number of the CPA:
Chuan Lien Hui Yi Zi No. 1070015
25. Does it involve a change in business model: No
26. Explanation of change in business model:
Not applicable
27. Transaction history with the counterparty in the past year and expected in the coming year:
Not applicable
28. Source of funds:
Not applicable
29. Date of previous material information announced for the same event: Not applicable
30. Other matters that need to be specified:
None