Foxlink Announces Disposal of Securities by Sub-subsidiary Power Channel Limited (Supplementary Announcement)
Foxlink announced that its sub-subsidiary, Power Channel Limited, disposed of shares in Xièchuàng Data Technology Co., Ltd., expecting to recognize a pre-tax disposal gain of approximately NT$10.35 billion. It will retain a 13.66% stake after the transaction.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 25, 2026 at 08:49 (49 min after Collected)
1. Name and nature of the target security (for preferred shares, preferred share issuance terms such as dividend rate should also be specified): Shares of Xièchuàng Data Technology Co., Ltd.
2. Date of occurrence: 2026/4/24 ~ 2026/4/24
3. Date of board approval: April 17, 2026
4. Other approval dates: Not applicable
5. Transaction volume, price per unit, and total transaction amount:
Transaction volume: 14,532 thousand shares (10,380 thousand shares before bonus issue)
Price per unit: RMB 172.16 per share (RMB 241.37 per share before bonus issue)
Total transaction amount: RMB 2,501,829 thousand
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Not applicable
7. If the counterparty is a related party, the reasons for selecting a related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and transfer amount should also be announced: Not applicable
8. If the ownership of the transaction target has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction for the related party should also be announced: Not applicable
9. Relevant matters concerning the disposal of claims (including the type of collateral attached to the disposed claims, and if the disposed claims are against a related party, the name of the related party and the book value of the claim disposed of should also be announced): Not applicable
10. Disposal gain (or loss) (not applicable for acquisition of securities) (for deferred items, a table should be provided to explain the recognition status):
Power Channel Limited is expected to recognize a pre-tax disposal gain of approximately NT$10.35 billion.
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements: To be executed according to the contract after board resolution approval.
12. Decision-making method for this transaction, reference basis for price determination, and decision-making unit:
Decision-making unit: Board of directors
13. Net asset value per share of the acquired or disposed securities target company: NT$58.91
14. As of now, the cumulative number, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of these transaction securities (including this transaction):
Cumulative holding status of Power Channel Limited (Foxlink and E-Ton Solar Tech hold 64.25% and 35.75% respectively) is as follows:
Number: 66,183 thousand shares (47,273 thousand shares before bonus issue)
Amount: Book value is NT$2,669,562 thousand
Shareholding ratio: 13.66%
Restrictions on rights: None
15. As of now, the ratio of investments in securities (including this transaction) listed in Article 3 of the 'Regulations Governing the Acquisition or Disposal of Assets by Public Companies' to the company's total assets and owners' equity attributable to the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
Ratio to total assets: 3.83%
Ratio to parent company owners' equity: 12.46%
Working capital amount: NT$ -13,564,666 thousand
16. Broker and brokerage fees: None
17. Specific purpose or use of acquisition or disposal: To improve financial structure
18. Opinions of dissenting directors on this transaction: None
19. Is this transaction a related party transaction: No
20. Date of supervisor's approval or audit committee's consent: April 17, 2026
21. Accountant's opinion on this transaction being unreasonable: Not applicable
22. Name of accounting firm: Chin Mei United Certified Public Accountants
23. Name of accountant: Chung Chih-Chieh
24. Accountant's professional license number: Gao Hui No. 000355
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 next year: Not applicable
28. Source of funds: Not applicable
29. Date of previous material information announcement on the same event: Not applicable
30. Other matters that need to be specified: The content of this announcement is handled in accordance with the company's plan for securities disposal announced on April 17, 2026.
2. Date of occurrence: 2026/4/24 ~ 2026/4/24
3. Date of board approval: April 17, 2026
4. Other approval dates: Not applicable
5. Transaction volume, price per unit, and total transaction amount:
Transaction volume: 14,532 thousand shares (10,380 thousand shares before bonus issue)
Price per unit: RMB 172.16 per share (RMB 241.37 per share before bonus issue)
Total transaction amount: RMB 2,501,829 thousand
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Not applicable
7. If the counterparty is a related party, the reasons for selecting a related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and transfer amount should also be announced: Not applicable
8. If the ownership of the transaction target has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction for the related party should also be announced: Not applicable
9. Relevant matters concerning the disposal of claims (including the type of collateral attached to the disposed claims, and if the disposed claims are against a related party, the name of the related party and the book value of the claim disposed of should also be announced): Not applicable
10. Disposal gain (or loss) (not applicable for acquisition of securities) (for deferred items, a table should be provided to explain the recognition status):
Power Channel Limited is expected to recognize a pre-tax disposal gain of approximately NT$10.35 billion.
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements: To be executed according to the contract after board resolution approval.
12. Decision-making method for this transaction, reference basis for price determination, and decision-making unit:
Decision-making unit: Board of directors
13. Net asset value per share of the acquired or disposed securities target company: NT$58.91
14. As of now, the cumulative number, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of these transaction securities (including this transaction):
Cumulative holding status of Power Channel Limited (Foxlink and E-Ton Solar Tech hold 64.25% and 35.75% respectively) is as follows:
Number: 66,183 thousand shares (47,273 thousand shares before bonus issue)
Amount: Book value is NT$2,669,562 thousand
Shareholding ratio: 13.66%
Restrictions on rights: None
15. As of now, the ratio of investments in securities (including this transaction) listed in Article 3 of the 'Regulations Governing the Acquisition or Disposal of Assets by Public Companies' to the company's total assets and owners' equity attributable to the parent company in the latest financial report, and the working capital amount in the latest financial report (Note 2):
Ratio to total assets: 3.83%
Ratio to parent company owners' equity: 12.46%
Working capital amount: NT$ -13,564,666 thousand
16. Broker and brokerage fees: None
17. Specific purpose or use of acquisition or disposal: To improve financial structure
18. Opinions of dissenting directors on this transaction: None
19. Is this transaction a related party transaction: No
20. Date of supervisor's approval or audit committee's consent: April 17, 2026
21. Accountant's opinion on this transaction being unreasonable: Not applicable
22. Name of accounting firm: Chin Mei United Certified Public Accountants
23. Name of accountant: Chung Chih-Chieh
24. Accountant's professional license number: Gao Hui No. 000355
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 next year: Not applicable
28. Source of funds: Not applicable
29. Date of previous material information announcement on the same event: Not applicable
30. Other matters that need to be specified: The content of this announcement is handled in accordance with the company's plan for securities disposal announced on April 17, 2026.