[PlayNitride-KY] Subsidiary Naichuang Tech (Kunshan) Announces Cancellation of Equipment Purchase Contract
PlayNitride's subsidiary, Naichuang Tech (Kunshan), has cancelled its agreement to acquire MicroLED mass transfer equipment worth approximately NT$972 million from Suzhou Industrial Park Yuzhu Semiconductor due to rising material costs and scheduling issues.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:31 (86h 31m after Collected)
1. Subject: Equipment
2. Event Date: 2026/04/24
3. Board Approval Date: 2025/10/17
4. Transaction Details:
- Quantity: One batch of MicroLED mass transfer production equipment.
- Total Amount: CNY 213,570,000 (approx. NT$972,170,640).
- Cancellation: The contract was officially cancelled on 2026/04/24.
5. Counterparty: Suzhou Industrial Park Yuzhu Semiconductor Co., Ltd.; Non-related party.
6. Reason for Cancellation: Due to raw material prices and scheduling issues. Both parties agree not to claim damages, and the seller will refund the amounts already paid by the buyer.
7. Purpose: Originally intended for production use.
2. Event Date: 2026/04/24
3. Board Approval Date: 2025/10/17
4. Transaction Details:
- Quantity: One batch of MicroLED mass transfer production equipment.
- Total Amount: CNY 213,570,000 (approx. NT$972,170,640).
- Cancellation: The contract was officially cancelled on 2026/04/24.
5. Counterparty: Suzhou Industrial Park Yuzhu Semiconductor Co., Ltd.; Non-related party.
6. Reason for Cancellation: Due to raw material prices and scheduling issues. Both parties agree not to claim damages, and the seller will refund the amounts already paid by the buyer.
7. Purpose: Originally intended for production use.