Feihong Announces Subsidiary Feihong Electronics (Suzhou) to Invest RMB 200 Million in Dongguan Dahong Electronics via Debt-to-Equity Conversion
Feihong announced that its subsidiary, Feihong Electronics (Suzhou) Co., Ltd., will invest RMB 200 million (approximately NT$925.014 million) in Dongguan Dahong Electronics Co., Ltd. through a debt-to-equity conversion. This capital injection will increase Dongguan Dahong Electronics' capital by RMB 100 million (approximately NT$462.507 million).
📋 Article Processing Timeline
- 📰 Published: April 16, 2026 at 09:00
- 🔍 Collected: April 17, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 02:50 (42h 50m after Collected)
1. Date of event: From April 16, 115 to April 16, 115 (Republic of China calendar)
2. Method of this new (decrease) investment:
Debt-to-equity conversion
3. Date of board of directors' approval: April 16, 115 (Republic of China calendar)
4. Other approval dates: Not applicable
5. Transaction unit quantity, price per unit, and total transaction amount:
RMB 200 million (equivalent to approximately NT$925,014 thousand)
6. Name of the mainland invested company:
Dongguan Dahong Electronics Co., Ltd.
7. Paid-in capital of the aforementioned mainland invested company:
USD 20.14 million
8. Planned new capital for the aforementioned mainland invested company:
RMB 100 million (equivalent to approximately NT$462,507 thousand)
9. Main business items of the aforementioned mainland invested company:
Manufacturing and sales of power supply units.
10. Type of accountant's opinion on the financial statements of the aforementioned mainland invested company for the most recent year:
Not applicable
11. Total equity from the financial statements of the aforementioned mainland invested company for the most recent year:
Approximately NT$-598,841 thousand
12. Net profit/loss amount from the financial statements of the aforementioned mainland invested company for the most recent year:
Approximately NT$-154,144 thousand
13. Actual investment amount in the aforementioned mainland invested company to date:
NT$554,456 thousand
14. Transaction counterparty and relationship with the company:
Counterparty: Dongguan Dahong Electronics Co., Ltd.
Relationship with the company: Invested mainland subsidiary
15. If the counterparty is a related party, disclosure of the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of previous transfer, and the transfer amount:
Not applicable
16. If the owner of the transaction target was a related party of the company within the last five years, disclosure of the related party's acquisition and disposal dates, prices, and relationship with the company at the time of transaction:
Not applicable
17. Disposal profit (or loss):
Not applicable
18. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreed matters:
Industrial and commercial change completion of debt-to-equity conversion.
19. Decision-making method for this transaction, basis for price determination, and decision-making unit:
Board of Directors
20. Broker:
Not applicable
21. Specific purpose of acquisition or disposal:
Debt-to-equity transaction
22. Opinion of dissenting directors for this transaction:
None
23. Whether this transaction is a related party transaction: No.
24. Date of supervisor's approval or audit committee's consent:
Not applicable
25. Total amount of investment in mainland China approved by the Investment Commission to date (including this investment):
NT$5,899,000 thousand
26. Ratio of total amount of investment in mainland China approved by the Investment Commission to date (including this investment) to the paid-in capital in the most recent financial statements:
138.87%
27. Ratio of total amount of investment in mainland China approved by the Investment Commission to date (including this investment) to the total assets in the most recent financial statements:
47.78%
28. Ratio of total amount of investment in mainland China approved by the Investment Commission to date (including this investment) to the owner's equity attributable to the parent company in the most recent financial statements:
65.75%
29. Actual total amount of investment in mainland China to date:
NT$4,360,828 thousand
30. Ratio of actual total amount of investment in mainland China to date to the paid-in capital in the most recent financial statements:
102.66%
31. Ratio of actual total amount of investment in mainland China to date to the total assets in the most recent financial statements:
35.32%
32. Ratio of actual total amount of investment in mainland China to date to the owner's equity attributable to the parent company in the most recent financial statements:
48.60%
33. Amount of investment in mainland China recognized in the last three fiscal years:
2023: -118,138 thousand NTD, 2024: 25,276 thousand NTD, 2025: -437,110 thousand NTD
(NT$)
34. Amount of profits remitted back in the last three fiscal years:
2023: 0 thousand NTD, 2024: 141,732 thousand NTD, 2025: 0 thousand NTD
(NT$)
35. Whether the accountant issued an opinion of unreasonableness for this transaction: No.
36. Name of accounting firm:
Shenzhen Hongyi Certified Public Accountants (Special General Partnership)
37. Name of accountant:
Zhang Shiming / Cao Daiqing
38. Certificate number of accountant's practice:
474701010004 / 110100750037
39. Date of previous material information announcement for the same event: Not applicable.
40. Other matters to be disclosed: None.
Keywords: Material Information
2. Method of this new (decrease) investment:
Debt-to-equity conversion
3. Date of board of directors' approval: April 16, 115 (Republic of China calendar)
4. Other approval dates: Not applicable
5. Transaction unit quantity, price per unit, and total transaction amount:
RMB 200 million (equivalent to approximately NT$925,014 thousand)
6. Name of the mainland invested company:
Dongguan Dahong Electronics Co., Ltd.
7. Paid-in capital of the aforementioned mainland invested company:
USD 20.14 million
8. Planned new capital for the aforementioned mainland invested company:
RMB 100 million (equivalent to approximately NT$462,507 thousand)
9. Main business items of the aforementioned mainland invested company:
Manufacturing and sales of power supply units.
10. Type of accountant's opinion on the financial statements of the aforementioned mainland invested company for the most recent year:
Not applicable
11. Total equity from the financial statements of the aforementioned mainland invested company for the most recent year:
Approximately NT$-598,841 thousand
12. Net profit/loss amount from the financial statements of the aforementioned mainland invested company for the most recent year:
Approximately NT$-154,144 thousand
13. Actual investment amount in the aforementioned mainland invested company to date:
NT$554,456 thousand
14. Transaction counterparty and relationship with the company:
Counterparty: Dongguan Dahong Electronics Co., Ltd.
Relationship with the company: Invested mainland subsidiary
15. If the counterparty is a related party, disclosure of the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of previous transfer, and the transfer amount:
Not applicable
16. If the owner of the transaction target was a related party of the company within the last five years, disclosure of the related party's acquisition and disposal dates, prices, and relationship with the company at the time of transaction:
Not applicable
17. Disposal profit (or loss):
Not applicable
18. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreed matters:
Industrial and commercial change completion of debt-to-equity conversion.
19. Decision-making method for this transaction, basis for price determination, and decision-making unit:
Board of Directors
20. Broker:
Not applicable
21. Specific purpose of acquisition or disposal:
Debt-to-equity transaction
22. Opinion of dissenting directors for this transaction:
None
23. Whether this transaction is a related party transaction: No.
24. Date of supervisor's approval or audit committee's consent:
Not applicable
25. Total amount of investment in mainland China approved by the Investment Commission to date (including this investment):
NT$5,899,000 thousand
26. Ratio of total amount of investment in mainland China approved by the Investment Commission to date (including this investment) to the paid-in capital in the most recent financial statements:
138.87%
27. Ratio of total amount of investment in mainland China approved by the Investment Commission to date (including this investment) to the total assets in the most recent financial statements:
47.78%
28. Ratio of total amount of investment in mainland China approved by the Investment Commission to date (including this investment) to the owner's equity attributable to the parent company in the most recent financial statements:
65.75%
29. Actual total amount of investment in mainland China to date:
NT$4,360,828 thousand
30. Ratio of actual total amount of investment in mainland China to date to the paid-in capital in the most recent financial statements:
102.66%
31. Ratio of actual total amount of investment in mainland China to date to the total assets in the most recent financial statements:
35.32%
32. Ratio of actual total amount of investment in mainland China to date to the owner's equity attributable to the parent company in the most recent financial statements:
48.60%
33. Amount of investment in mainland China recognized in the last three fiscal years:
2023: -118,138 thousand NTD, 2024: 25,276 thousand NTD, 2025: -437,110 thousand NTD
(NT$)
34. Amount of profits remitted back in the last three fiscal years:
2023: 0 thousand NTD, 2024: 141,732 thousand NTD, 2025: 0 thousand NTD
(NT$)
35. Whether the accountant issued an opinion of unreasonableness for this transaction: No.
36. Name of accounting firm:
Shenzhen Hongyi Certified Public Accountants (Special General Partnership)
37. Name of accountant:
Zhang Shiming / Cao Daiqing
38. Certificate number of accountant's practice:
474701010004 / 110100750037
39. Date of previous material information announcement for the same event: Not applicable.
40. Other matters to be disclosed: None.
Keywords: Material Information