Hong Hua Advanced Announces Board Resolution to Cover Losses with Capital Reserves
Hong Hua Advanced Technology announced that its board of directors has resolved to use capital reserves to cover accumulated losses from fiscal year 2025. The original loss was NT$10.18 billion, which after using NT$6.06 billion in capital reserves from issuance premiums, reduces the accumulated loss to NT$4.11 billion.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 23:14 (15h 14m after Collected)
1. Date of Fact Occurrence: 115/05/11
2. Company Name: Hong Hua Advanced Technology Co., Ltd.
3. Relationship with Company (Enter parent company or subsidiary): Parent Company
4. Mutual Shareholding Ratio: Not applicable
5. Reason for Occurrence: The company's accumulated losses for fiscal year 2025 were NT$10,181,151,032. It is proposed to use capital reserves - issuance premium of NT$6,061,261,511 - to cover these losses, resulting in a remaining accumulated loss of NT$4,119,889,521.
6. Countermeasures: None.
7. Other matters that should be stated (If the entity of the event occurrence or resolution is a publicly issued company or above, this material information also meets the criteria for a matter that has a significant impact on shareholder rights or stock prices as stipulated in Article 7, Paragraph 9 of the Enforcement Rules of the Securities Transaction Act):
None.
Keywords: Material Information
2. Company Name: Hong Hua Advanced Technology Co., Ltd.
3. Relationship with Company (Enter parent company or subsidiary): Parent Company
4. Mutual Shareholding Ratio: Not applicable
5. Reason for Occurrence: The company's accumulated losses for fiscal year 2025 were NT$10,181,151,032. It is proposed to use capital reserves - issuance premium of NT$6,061,261,511 - to cover these losses, resulting in a remaining accumulated loss of NT$4,119,889,521.
6. Countermeasures: None.
7. Other matters that should be stated (If the entity of the event occurrence or resolution is a publicly issued company or above, this material information also meets the criteria for a matter that has a significant impact on shareholder rights or stock prices as stipulated in Article 7, Paragraph 9 of the Enforcement Rules of the Securities Transaction Act):
None.
Keywords: Material Information