Chung Fu, Yung-Kuan-KY Stocks to Be Halted from Trading Following Q1 Financial Report Review

(CNA, Taipei, May 18, Reporter: Tseng Jen-kai) With the exception of 13 financial holding companies and Yung-Kuan-KY, all other listed companies have announced their first-quarter financial reports. The Taiwan Stock Exchange (TWSE) today announced dispositions following its review of the Q1 reports. The listed securities of Chung Fu and Yung-Kuan-KY will be halted from trading starting May 20. The TWSE stated that for Chung Fu, its most recently announced financial report received a disclaimer of opinion from its accountant. According to regulations, its listed securities will be halted from trading. Yung-Kuan-KY failed to announce its Q1 financial report within the legally stipulated deadline. According to regulations, its listed securities will also be halted from trading. Additionally, the most recent financial report from Lihua Electronics showed that its net worth has fallen below 1/2 of the share capital stated in the report. According to regulations, its listed securities will be designated for an altered trading method, i.e., requiring full delivery. Les enphants, because its financial reports for the last two periods showed net worth exceeding NT$300 million and reaching over 1/2 of its stated share capital, has had the reason for its original altered trading method designation eliminated. Its listed securities will resume their normal trading method. The TWSE stated that the above measures will be implemented starting from May 20. (Editor: Lin Chia-hsien) 1150518