Zhen Ding-KY Announces Subsidiary Qingding Precision Electronics Acquires Machinery for Approx. NT$1.04 Billion
On May 18, 2026, Zhen Ding-KY announced that its subsidiary, Qingding Precision Electronics (Huai'an) Co., Ltd., has acquired machinery and equipment from Bokke Machinery (Taicang) Co., Ltd. for business operations. The total acquisition cost is NT$1,042,065,364. The transaction, conducted between May 19, 2025, and May 18, 2026, was decided through price comparison and negotiation.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 06:31
- 🔍 Collected: May 19, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 19, 2026 at 06:42 (11 min after Collected)
On May 18, 2026, Zhen Ding-KY announced that its wholly-owned subsidiary, Qingding Precision Electronics (Huai'an) Co., Ltd., has acquired machinery and equipment for business purposes.
According to the announcement, the acquired asset is a batch of machinery. The transaction period spanned from May 19, 2025, to May 18, 2026. The total value of the transaction amounts to NT$1,042,065,364.
The counterparty in the transaction is Bokke Machinery (Taicang) Co., Ltd., which is not a related party to Zhen Ding-KY. The transaction was decided through a process of price comparison and negotiation based on market rates. It was approved by the general manager on May 18, 2026, in accordance with the company's internal authorization policies.
This equipment acquisition was made for the company's operational use.
According to the announcement, the acquired asset is a batch of machinery. The transaction period spanned from May 19, 2025, to May 18, 2026. The total value of the transaction amounts to NT$1,042,065,364.
The counterparty in the transaction is Bokke Machinery (Taicang) Co., Ltd., which is not a related party to Zhen Ding-KY. The transaction was decided through a process of price comparison and negotiation based on market rates. It was approved by the general manager on May 18, 2026, in accordance with the company's internal authorization policies.
This equipment acquisition was made for the company's operational use.
FAQ
What did Zhen Ding-KY's subsidiary do?
Qingding Precision Electronics (Huai'an) Co., Ltd. acquired machinery and equipment for approximately NT$1.04 billion for its business operations.
What is the scale of this investment?
The total transaction amount is NT$1,042,065,364.
Why was the equipment acquired?
The purpose is for business operations and to expand production capacity to meet future growth and demand.