National Development Fund Releases Shares, United Renewable Energy Stock Hits Limit Down; Aims to Be Low-Carbon Energy Provider
The National Development Fund's release of United Renewable Energy shares led to the stock hitting its lower limit. The company stated that the fund's mission is accomplished and it will strive to become a low-carbon energy provider.
📋 Article Processing Timeline
- 📰 Published: April 13, 2026 at 10:28
- 🔍 Collected: April 13, 2026 at 11:00 (32 min after Published)
- 🤖 AI Analyzed: April 19, 2026 at 22:10 (155h 10m after Collected)
The National Development Fund (NDF) announced on the 10th that it would transfer 4,201,476 shares of United Renewable Energy, with the transfer period valid from April 13th to May 12th. After the transfer, the NDF is expected to still hold 94,573,203 shares.
The NDF's share release impacted market confidence, causing United Renewable Energy's stock to plummet and hit the limit down at NT$17.1 today.
United Renewable Energy stated that the NDF is one of its important shareholders and has fulfilled its phased mission of supporting emerging industries development as per Article 30 of the Industrial Innovation Act, and its investment has become profitable.
United Renewable Energy expressed gratitude to all shareholders for their long-term support. The company has established a leading position in solar photovoltaic products domestically and is actively responding to the global ESG sustainable supply chain procurement demands and trends, further expanding into international markets to seek maximum benefits for all shareholders.
Looking ahead, United Renewable Energy pointed out that its management team is continuously dedicated to building the company into a globally competitive low-carbon energy supplier. (Editor: Lin Jiaxian) 1150413
The NDF's share release impacted market confidence, causing United Renewable Energy's stock to plummet and hit the limit down at NT$17.1 today.
United Renewable Energy stated that the NDF is one of its important shareholders and has fulfilled its phased mission of supporting emerging industries development as per Article 30 of the Industrial Innovation Act, and its investment has become profitable.
United Renewable Energy expressed gratitude to all shareholders for their long-term support. The company has established a leading position in solar photovoltaic products domestically and is actively responding to the global ESG sustainable supply chain procurement demands and trends, further expanding into international markets to seek maximum benefits for all shareholders.
Looking ahead, United Renewable Energy pointed out that its management team is continuously dedicated to building the company into a globally competitive low-carbon energy supplier. (Editor: Lin Jiaxian) 1150413