[Lianfa] Company Sets Record Date for Capital Reduction by Cash

Lianfa Company has announced that the record date for its capital reduction by cash has been set for June 11, 2026. The company plans to cancel 89,657,227 shares to optimize its capital structure and enhance return on equity. The new shares issued after the reduction will have the same rights and obligations as the original common shares.

📋 Article Processing Timeline

  • 📰 Published: June 11, 2026 at 09:00
  • 🔍 Collected: June 12, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: June 12, 2026 at 17:53 (9h 53m after Collected)
1. Board Resolution Date: NA
2. Record Date for Capital Reduction: 115/06/11
3. Share Exchange Plan: The schedule and procedures for the share exchange due to this cash capital reduction will be announced separately after they are determined.
4. Record Date for Share Exchange: NA
5. Start Date of Book Closure: NA
6. End Date of Book Closure: NA
7. Rights and Obligations of New Shares After Capital Reduction: Same as the original issued common shares.
8. Expected Listing Date of New Shares: NA
9. Number of Common Shares Expected to be Listed After Capital Reduction: A total of 268,971,680 shares.
10. Ratio of Common Shares Expected to be Listed After Capital Reduction to Issued Common Shares (Number of Listed Common Shares After Reduction / Number of Issued Common Shares After Reduction): 100%
11. If the number of listed common shares after capital reduction in the preceding two items is less than 60 million shares and less than 25%, please explain the measures to address low stock liquidity: NA
12. Other Matters to be Noted:
(1) To adjust its capital structure and enhance return on equity, the company resolved at the shareholders' meeting held on May 12, 2026, to reduce its capital by NT$896,572,270 in cash, canceling 89,657,227 shares. This matter has been filed and approved by the Taiwan Stock Exchange Corporation with letter No. 1150009252 dated June 4, 2026.
(2) After obtaining approval for the capital amount change registration from the Ministry of Economic Affairs, the record date for capital reduction will be submitted to the Taiwan Stock Exchange for the share exchange plan. Upon its approval, the share exchange operation will be carried out according to the plan.
(3) The schedule and procedures for the share exchange due to this capital reduction will be announced separately after they are determined.
Keywords: Material Information

FAQ

Why is Lianfa Company conducting a cash capital reduction?

Lianfa Company has decided to conduct a cash capital reduction to adjust its capital structure and enhance its return on equity.

What is the record date for the cash capital reduction?

The record date for the cash capital reduction has been set for June 11, 2026.

How many common shares are expected to be issued after the capital reduction?

The number of common shares expected to be listed after the capital reduction is 268,971,680.

What is the impact of this capital reduction on shareholder equity?

The cash capital reduction aims to improve the return on equity; the specific impact will depend on the company's operational status.

What are the specific procedures for the share exchange due to the capital reduction?

The schedule and procedures for the share exchange will be announced separately after they are determined, and will proceed after the Ministry of Economic Affairs approves the capital amount change registration.