Chingcheng Technology Announces Board Resolution to Proceed with Capital Increase by Issuing New Shares for Share Swap with Taiwan Gingstar Technology Co., Ltd.
Chingcheng Technology's board resolved to increase capital through new share issuance for the share swap with Taiwan Gingstar Technology. A total of NT$300,892,000, comprising 30,089,200 shares, will be issued to fund the share swap.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:03 (3 min after Collected)
1. Date of board resolution: 2026/05/07
2. Source of capital increase funds: Not applicable
3. Whether to adopt comprehensive reporting for new share issuance (Yes, please specify planned issuance period/No): No
4. Total issuance amount and number of shares (if for earnings or capital reserve capitalization, the number of shares does not include those allocated to employees):
Total amount: NT$300,892,000;
Total number of shares: 30,089,200 shares
5. For comprehensive reporting cases of new share issuance, this issuance amount and number of shares: Not applicable
6. For comprehensive reporting cases of new share issuance, after this issuance, the remaining amount and number of shares balance: Not applicable
7. Face value per share: NT$10
8. Issuance price: Not applicable
9. Employee subscription shares or allocation amount: Not applicable
10. Public sale shares: Not applicable
11. Original shareholder subscription or free allocation ratio: Not applicable
12. Handling of fractional shares and unsubscribed shares:
If the Company's shares to be exchanged according to the share swap ratio result in fractional shares less than one share, Taiwan Gingstar shareholders may consolidate them themselves, or the Company may pay cash proportionally based on the closing price of the last trading day before the share swap record date (hereinafter referred to as "market price") (rounded to the nearest NT dollar), and authorize the Company's chairman to negotiate with specific persons to subscribe to such fractional shares at market price. If it is necessary to change the method of handling fractional shares due to legal regulations or operational needs, the Company's chairman is authorized to negotiate with Taiwan Gingstar for further arrangements.
13. Rights and obligations of this new share issuance: Same as the Company's originally issued ordinary shares
14. Purpose of this capital increase: Not applicable
15. Other matters that need to be specified: None
2. Source of capital increase funds: Not applicable
3. Whether to adopt comprehensive reporting for new share issuance (Yes, please specify planned issuance period/No): No
4. Total issuance amount and number of shares (if for earnings or capital reserve capitalization, the number of shares does not include those allocated to employees):
Total amount: NT$300,892,000;
Total number of shares: 30,089,200 shares
5. For comprehensive reporting cases of new share issuance, this issuance amount and number of shares: Not applicable
6. For comprehensive reporting cases of new share issuance, after this issuance, the remaining amount and number of shares balance: Not applicable
7. Face value per share: NT$10
8. Issuance price: Not applicable
9. Employee subscription shares or allocation amount: Not applicable
10. Public sale shares: Not applicable
11. Original shareholder subscription or free allocation ratio: Not applicable
12. Handling of fractional shares and unsubscribed shares:
If the Company's shares to be exchanged according to the share swap ratio result in fractional shares less than one share, Taiwan Gingstar shareholders may consolidate them themselves, or the Company may pay cash proportionally based on the closing price of the last trading day before the share swap record date (hereinafter referred to as "market price") (rounded to the nearest NT dollar), and authorize the Company's chairman to negotiate with specific persons to subscribe to such fractional shares at market price. If it is necessary to change the method of handling fractional shares due to legal regulations or operational needs, the Company's chairman is authorized to negotiate with Taiwan Gingstar for further arrangements.
13. Rights and obligations of this new share issuance: Same as the Company's originally issued ordinary shares
14. Purpose of this capital increase: Not applicable
15. Other matters that need to be specified: None