Drill Bit Maker Topoint Raises NT$600M in Private Placement; Zhen Ding, Unimicron Subscribe to Consolidate Supply Chain
Topoint announced a private placement of up to NT$600 million in convertible bonds to fund a new plant due to soaring demand for high-end drill bits. Major PCB makers Zhen Ding and Unimicron are participating to secure their supply chain.
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- 📰 Published: April 16, 2026 at 12:47
- 🔍 Collected: April 16, 2026 at 13:01 (14 min after Published)
- 🤖 AI Analyzed: April 19, 2026 at 01:10 (60h 8m after Collected)
(Central News Agency reporter Chiang Ming-yen, Taipei, 16th) Due to the supply shortage in the high-end drill bit market, drill bit manufacturer Topoint's board of directors resolved to issue up to NT$600 million in private placement convertible bonds to purchase a new plant in response to capacity expansion needs. Zhen Ding-KY and Unimicron have expressed their intention to participate in the subscription, and market rumors suggest Gold Circuit Electronics also intends to follow suit, highlighting major PCB makers' efforts to consolidate supply chain relationships and strengthen cooperation.
Benefiting from the continuous strong demand for AI servers and switches, the number of PCB layers and material specifications continue to upgrade, driving significant growth in Topoint's demand for high-end drill bits. Topoint announced that its board resolved to issue domestic unsecured convertible corporate bonds via private placement, with a total issue face value cap of NT$600 million, to be used for purchasing a new plant, alleviating working capital pressure, and improving financial structure.
Zhen Ding-KY stated that it will participate in the subscription of Topoint's privately placed unsecured convertible bonds, expecting to subscribe to no more than 1,900 bonds at a face value of NT$100,000 each, for a total subscription amount not exceeding NT$190 million.
Unimicron announced that to consolidate the supply chain relationship and strengthen bilateral cooperation, it will participate in subscribing to Topoint's privately placed unsecured convertible bonds, with the total transaction amount not exceeding NT$210 million.
Currently, there are also rumors that Gold Circuit Electronics will subscribe to Topoint's privately placed unsecured convertible bonds, but this has not yet been officially announced and awaits internal board decision.
Topoint's consolidated revenue for the first quarter was NT$1.34 billion, a year-on-year increase of 50.96%; EPS (earnings per share) in March was NT$0.4, a massive increase of 134% compared to the same period last year.
Topoint stated that high-end drill bits are currently in severe short supply, and it must quickly expand high-end capacity. Monthly capacity in the second quarter of this year will reach 35 million units, and is expected to reach 45 million units by the end of 2026, with the proportion of high-end products expected to reach 55%. (Editor: Lin Chia-hsien) 1150416
Benefiting from the continuous strong demand for AI servers and switches, the number of PCB layers and material specifications continue to upgrade, driving significant growth in Topoint's demand for high-end drill bits. Topoint announced that its board resolved to issue domestic unsecured convertible corporate bonds via private placement, with a total issue face value cap of NT$600 million, to be used for purchasing a new plant, alleviating working capital pressure, and improving financial structure.
Zhen Ding-KY stated that it will participate in the subscription of Topoint's privately placed unsecured convertible bonds, expecting to subscribe to no more than 1,900 bonds at a face value of NT$100,000 each, for a total subscription amount not exceeding NT$190 million.
Unimicron announced that to consolidate the supply chain relationship and strengthen bilateral cooperation, it will participate in subscribing to Topoint's privately placed unsecured convertible bonds, with the total transaction amount not exceeding NT$210 million.
Currently, there are also rumors that Gold Circuit Electronics will subscribe to Topoint's privately placed unsecured convertible bonds, but this has not yet been officially announced and awaits internal board decision.
Topoint's consolidated revenue for the first quarter was NT$1.34 billion, a year-on-year increase of 50.96%; EPS (earnings per share) in March was NT$0.4, a massive increase of 134% compared to the same period last year.
Topoint stated that high-end drill bits are currently in severe short supply, and it must quickly expand high-end capacity. Monthly capacity in the second quarter of this year will reach 35 million units, and is expected to reach 45 million units by the end of 2026, with the proportion of high-end products expected to reach 55%. (Editor: Lin Chia-hsien) 1150416