[Chan Shun Net] Announcement by Subsidiary Xiamen Cansun Industrial Co., Ltd. Regarding Board Resolution to Invest in and Establish a Subsidiary
Chan Shun Net's subsidiary, Xiamen Cansun Industrial Co., Ltd., announced its board's resolution to invest RMB 50 million (approximately TWD 230 million) to establish a new subsidiary, Xiamen Cansun Investment Co., Ltd. (tentative name). This strategic move aims for business development and expansion within the Chinese market.
📋 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 08:52 (52 min after Collected)
1. Name and nature of the target (for preferred shares, the agreed terms of issuance such as dividend rate should also be specified): Xiamen Cansun Investment Co., Ltd. (tentative name, subject to registration by the registration authority).
2. Date of occurrence of the event: 115/4/24~115/4/24
3. Date of board resolution: April 24, 115 (Republic of China calendar).
4. Other approval dates: Not applicable.
5. Transaction volume, unit price, and total transaction amount:
This investment amounts to RMB 50 million (approximately TWD 230,000 thousand).
6. Counterparty to the transaction 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):
Indirect investment through subsidiary Zhangzhou Cansun Industrial Co., Ltd.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transfer, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Not applicable.
8. If the owner of the transaction object has been a related party of the company within the past five years, the related party's acquisition and disposal dates, prices, and their relationship with the company at the time of the transaction should also be announced:
Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral accompanying the disposed receivables, and if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables disposed of in this transaction should also be announced):
Not applicable.
10. Disposal gains (or losses) (not applicable to the acquisition of marketable securities) (for deferred items, the recognition status should be listed and explained):
Not applicable.
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
Payment will be made in installments based on capital requirements.
12. Decision-making method for this transaction, reference basis for price determination, and decision-making unit:
Approved by board resolution.
13. Net value per share of the acquired or disposed marketable securities company:
Not applicable.
14. As of now, the accumulated number, amount, shareholding ratio, and restricted rights (e.g., pledge status) of the marketable securities held in this transaction (including this transaction):
(1) Investment amount: RMB 50 million
(2) Shareholding ratio: 100%
(3) Restricted rights: None.
15. As of now, the ratio of marketable securities investment (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the most recent financial report, and the amount of working capital in the most recent financial report (Note 2):
(1) Ratio to total assets: 60.18%
(2) Ratio to owners' equity: 71.57%
(3) Working capital amount: TWD 166,591 thousand.
16. Broker and brokerage fees:
Not applicable.
17. Specific purpose or use of acquisition or disposal:
Business development needs.
18. Opinions of dissenting directors on this transaction:
None.
19. Is this transaction a related party transaction: Yes.
20. Date of approval by supervisors or audit committee:
Not applicable, because according to local Chinese regulations, matters related to the company's operating structure are reviewed by the Strategic Committee. This matter was submitted by the Strategic Committee to the board of directors and approved on April 24, 115 (Republic of China calendar).
21. Did the accountant issue an unreasonable opinion on this transaction: Not applicable.
22. Name of accounting firm:
Not applicable.
23. Name of accountant:
Not applicable.
24. Accountant's practice certificate number:
Not applicable.
25. Does it involve a change in operating model: No.
26. Explanation of change in operating model:
Not applicable.
27. Transaction status with the counterparty in the past year and expected next year:
Not applicable.
28. Source of funds:
Own funds.
29. Date of previous major announcement on the same matter: Not applicable.
30. Other matters to be specified:
None.
Keywords: Material Information
2. Date of occurrence of the event: 115/4/24~115/4/24
3. Date of board resolution: April 24, 115 (Republic of China calendar).
4. Other approval dates: Not applicable.
5. Transaction volume, unit price, and total transaction amount:
This investment amounts to RMB 50 million (approximately TWD 230,000 thousand).
6. Counterparty to the transaction 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):
Indirect investment through subsidiary Zhangzhou Cansun Industrial Co., Ltd.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transfer, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Not applicable.
8. If the owner of the transaction object has been a related party of the company within the past five years, the related party's acquisition and disposal dates, prices, and their relationship with the company at the time of the transaction should also be announced:
Not applicable.
9. Matters related to the disposal of receivables (including the type of collateral accompanying the disposed receivables, and if the disposed receivables belong to related party receivables, the name of the related party and the book value of the related party's receivables disposed of in this transaction should also be announced):
Not applicable.
10. Disposal gains (or losses) (not applicable to the acquisition of marketable securities) (for deferred items, the recognition status should be listed and explained):
Not applicable.
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
Payment will be made in installments based on capital requirements.
12. Decision-making method for this transaction, reference basis for price determination, and decision-making unit:
Approved by board resolution.
13. Net value per share of the acquired or disposed marketable securities company:
Not applicable.
14. As of now, the accumulated number, amount, shareholding ratio, and restricted rights (e.g., pledge status) of the marketable securities held in this transaction (including this transaction):
(1) Investment amount: RMB 50 million
(2) Shareholding ratio: 100%
(3) Restricted rights: None.
15. As of now, the ratio of marketable securities investment (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the most recent financial report, and the amount of working capital in the most recent financial report (Note 2):
(1) Ratio to total assets: 60.18%
(2) Ratio to owners' equity: 71.57%
(3) Working capital amount: TWD 166,591 thousand.
16. Broker and brokerage fees:
Not applicable.
17. Specific purpose or use of acquisition or disposal:
Business development needs.
18. Opinions of dissenting directors on this transaction:
None.
19. Is this transaction a related party transaction: Yes.
20. Date of approval by supervisors or audit committee:
Not applicable, because according to local Chinese regulations, matters related to the company's operating structure are reviewed by the Strategic Committee. This matter was submitted by the Strategic Committee to the board of directors and approved on April 24, 115 (Republic of China calendar).
21. Did the accountant issue an unreasonable opinion on this transaction: Not applicable.
22. Name of accounting firm:
Not applicable.
23. Name of accountant:
Not applicable.
24. Accountant's practice certificate number:
Not applicable.
25. Does it involve a change in operating model: No.
26. Explanation of change in operating model:
Not applicable.
27. Transaction status with the counterparty in the past year and expected next year:
Not applicable.
28. Source of funds:
Own funds.
29. Date of previous major announcement on the same matter: Not applicable.
30. Other matters to be specified:
None.
Keywords: Material Information