【Huatong】Announcement of the Board of Directors' Resolution to Handle a Cash Capital Increase and Issue New Shares
Huatong (Huatong) has resolved to conduct a cash capital increase through the issuance of new shares. Between 30 million and 50 million common shares will be issued to replenish working capital and repay bank loans.
📋 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 09:46 (1h 46m after Collected)
1. Date of Board of Directors resolution: 115/05/07
2. Source of capital increase funds: Cash capital increase by issuing common shares
3. Whether to adopt an overall declaration for the issuance of new shares (Yes, please state the planned issuance period / No): No
4. Total amount and number of shares to be issued in the entire case (If it is an increase from earnings or capital reserves, the number of shares does not include those allocated to employees): Approximately 30,000 to 50,000 thousand common shares are planned for issuance, and the total amount to be issued will be determined by the issuance price.
5. For cases adopting an overall declaration for new share issuance, the amount and number of shares for this issuance: Not applicable
6. For cases adopting an overall declaration for new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10.
8. Issuance price: The actual issuance price will be determined by the chairman based on market conditions at the time of issuance, after the declaration takes effect by the competent authority.
9. Number of shares subscribed by employees or allocation amount: In accordance with Article 267 of the Company Act, 10% of the total number of new shares to be issued will be reserved for subscription by the company's employees.
10. Number of publicly offered shares: In accordance with Article 28-1 of the Securities and Exchange Act, 10% of the total number of new shares to be issued will be publicly offered.
11. Proportion of subscription by existing shareholders or free allocation: 80% of the total number of new shares to be issued will be subscribed by existing shareholders according to their shareholding ratio recorded in the shareholder register on the record date.
12. Handling of fractional shares and unsubscribed shares: For fractional shares of less than one share subscribed by existing shareholders, shareholders may combine them into whole shares within five days from the book closure date. For fractional shares remaining after existing shareholders and employees waive their subscription rights or after combining, the chairman is authorized to seek specific individuals for subscription.
13. Rights and obligations of new shares issued this time: Same as the originally issued common shares.
14. Purpose of this capital increase: To replenish working capital and repay bank loans.
15. Other matters requiring explanation:
(1) Important contents of this cash capital increase plan, including but not limited to the number of shares issued, issuance price, issuance conditions, amount raised, source of funds, project items, planned progress of fund utilization, and estimated benefits that may be generated, will be fully handled by the chairman if future revisions are made by the competent authority or due to operational assessment or objective environmental needs.
(2) After this capital increase case is declared effective by the competent authority, the chairman will be authorized to separately set the issuance price, issuance conditions, amount raised, and record date for share subscription and other related matters.
2. Source of capital increase funds: Cash capital increase by issuing common shares
3. Whether to adopt an overall declaration for the issuance of new shares (Yes, please state the planned issuance period / No): No
4. Total amount and number of shares to be issued in the entire case (If it is an increase from earnings or capital reserves, the number of shares does not include those allocated to employees): Approximately 30,000 to 50,000 thousand common shares are planned for issuance, and the total amount to be issued will be determined by the issuance price.
5. For cases adopting an overall declaration for new share issuance, the amount and number of shares for this issuance: Not applicable
6. For cases adopting an overall declaration for new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10.
8. Issuance price: The actual issuance price will be determined by the chairman based on market conditions at the time of issuance, after the declaration takes effect by the competent authority.
9. Number of shares subscribed by employees or allocation amount: In accordance with Article 267 of the Company Act, 10% of the total number of new shares to be issued will be reserved for subscription by the company's employees.
10. Number of publicly offered shares: In accordance with Article 28-1 of the Securities and Exchange Act, 10% of the total number of new shares to be issued will be publicly offered.
11. Proportion of subscription by existing shareholders or free allocation: 80% of the total number of new shares to be issued will be subscribed by existing shareholders according to their shareholding ratio recorded in the shareholder register on the record date.
12. Handling of fractional shares and unsubscribed shares: For fractional shares of less than one share subscribed by existing shareholders, shareholders may combine them into whole shares within five days from the book closure date. For fractional shares remaining after existing shareholders and employees waive their subscription rights or after combining, the chairman is authorized to seek specific individuals for subscription.
13. Rights and obligations of new shares issued this time: Same as the originally issued common shares.
14. Purpose of this capital increase: To replenish working capital and repay bank loans.
15. Other matters requiring explanation:
(1) Important contents of this cash capital increase plan, including but not limited to the number of shares issued, issuance price, issuance conditions, amount raised, source of funds, project items, planned progress of fund utilization, and estimated benefits that may be generated, will be fully handled by the chairman if future revisions are made by the competent authority or due to operational assessment or objective environmental needs.
(2) After this capital increase case is declared effective by the competent authority, the chairman will be authorized to separately set the issuance price, issuance conditions, amount raised, and record date for share subscription and other related matters.