Xinlu Subsidiary Chengxi Energy Resolves Cash Capital Increase
Xinlu (3703) announced that its subsidiary, Chengxi Energy Co., Ltd., has resolved to conduct a cash capital increase. The company plans to issue 30,000,000 shares at NT$10 per share, totaling NT$300,000,000. The purpose of this capital increase is to strengthen the capital structure. The record date for subscription is June 4, 2026, with the payment period starting June 5, 2026.
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- 📰 Published: May 16, 2026 at 12:57
- 🔍 Collected: May 16, 2026 at 12:57 (0 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 14:47 (1h 50m after Collected)
Announcement Date: 2027/05/16
Date of Statement: 2027/05/15
Time of Statement: 15:14:24
Company Code: 3703
Company Name: Xinlu
Subject: Announcement of Resolution for Cash Capital Increase by Subsidiary Chengxi Energy Co., Ltd.
Compliance Clause: Clause 11
Date of Fact Occurrence: 2027/05/15
Description:
1. Date of Board Resolution or Company Decision: 2027/05/15
2. Number of Shares to be Issued: 30,000,000 shares
3. Par Value Per Share: NT$10
4. Total Issuance Amount: NT$300,000,000
5. Issue Price: NT$10 per share
6. Employee Subscription Shares: 3,000,000 shares
7. Original Shareholder Subscription Ratio: 90%
8. Public Sale Method and Number of Shares: Not applicable
9. Handling of Fractional Shares and Unsubscribed Shares: Not applicable
10. Rights and Obligations of New Shares: Same as original issued shares
11. Use of Funds from Capital Increase: Strengthen capital structure
12. Record Date for Cash Capital Increase Subscription: 2027/06/04
13. Last Transfer Date: 2027/05/30
14. Start Date of Book Closure: 2027/05/31
15. End Date of Book Closure: 2027/06/04
16. Payment Period for Shares: 2027/06/05
17. Date of Contract with Custodian Bank for Collection: Not applicable
18. Depository Institution for Collection: Not applicable
19. Depository Institution for Funds: Not applicable
20. Other Matters to be Notified: None
Date of Statement: 2027/05/15
Time of Statement: 15:14:24
Company Code: 3703
Company Name: Xinlu
Subject: Announcement of Resolution for Cash Capital Increase by Subsidiary Chengxi Energy Co., Ltd.
Compliance Clause: Clause 11
Date of Fact Occurrence: 2027/05/15
Description:
1. Date of Board Resolution or Company Decision: 2027/05/15
2. Number of Shares to be Issued: 30,000,000 shares
3. Par Value Per Share: NT$10
4. Total Issuance Amount: NT$300,000,000
5. Issue Price: NT$10 per share
6. Employee Subscription Shares: 3,000,000 shares
7. Original Shareholder Subscription Ratio: 90%
8. Public Sale Method and Number of Shares: Not applicable
9. Handling of Fractional Shares and Unsubscribed Shares: Not applicable
10. Rights and Obligations of New Shares: Same as original issued shares
11. Use of Funds from Capital Increase: Strengthen capital structure
12. Record Date for Cash Capital Increase Subscription: 2027/06/04
13. Last Transfer Date: 2027/05/30
14. Start Date of Book Closure: 2027/05/31
15. End Date of Book Closure: 2027/06/04
16. Payment Period for Shares: 2027/06/05
17. Date of Contract with Custodian Bank for Collection: Not applicable
18. Depository Institution for Collection: Not applicable
19. Depository Institution for Funds: Not applicable
20. Other Matters to be Notified: None
FAQ
What is the purpose of the cash capital increase?
The purpose is to strengthen the capital structure.
How many shares will be issued?
30,000,000 shares will be issued.
What is the issue price per share?
The issue price is NT$10 per share.
When is the record date for subscription?
The record date for subscription is June 4, 2026.