2031 Shingkong Steel subsidiary acquires common shares of TSMC
Shingkong Steel's subsidiary, Xinyuan Investment, acquired common shares of TSMC for a total of approximately NT$323.22 million between May 21 and May 20 of the following year. The purpose of the acquisition is for investment portfolio building, and the transaction was approved by the Chairman.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 06:31
- 🔍 Collected: May 21, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 21, 2026 at 06:52 (20 min after Collected)
Announcement Date: May 20, 115
Company Code: 2031
Company Name: Shingkong Steel
Subject: Our company announces that our subsidiary, Xinyuan Investment Co., Ltd., has acquired common shares.
Details:
1. Security Name: TSMC common shares
2. Transaction Period: 114/5/21 - 115/5/20
3. Board Resolution Date: Not applicable
4. Other Authorization Date:
Authorization Level: Chairman's approval
May 20, 115
5. Quantity, Price per unit, and Total amount:
Quantity: 189,000 shares
Price per unit: 1,710.18 NTD
Total amount: 323,223,643 NTD
6. Disposal Profit (or loss): Not applicable
7. Relationship with target company: None
8. Cumulative holdings to date (including this transaction):
Balance: 131,000 shares
Amount: 286,235,000 NTD
Shareholding ratio: 0.0005%, Restrictions: None
9. Financial status:
Ratio to total assets: 1.11%
Ratio to equity attributable to owners of the parent: 2.71%
Operating capital: 4,163,173,000 NTD
10. Purpose of acquisition: Investment portfolio.
11. Dissenting opinions from directors: Not applicable
12. Related party transaction: No
13. Relationship with counterparty: Not applicable
14. Supervisor/Audit Committee approval date: Not applicable (Authorized by Chairman)
15. Date of previous announcement: Not applicable
16. Other notes: None.
Company Code: 2031
Company Name: Shingkong Steel
Subject: Our company announces that our subsidiary, Xinyuan Investment Co., Ltd., has acquired common shares.
Details:
1. Security Name: TSMC common shares
2. Transaction Period: 114/5/21 - 115/5/20
3. Board Resolution Date: Not applicable
4. Other Authorization Date:
Authorization Level: Chairman's approval
May 20, 115
5. Quantity, Price per unit, and Total amount:
Quantity: 189,000 shares
Price per unit: 1,710.18 NTD
Total amount: 323,223,643 NTD
6. Disposal Profit (or loss): Not applicable
7. Relationship with target company: None
8. Cumulative holdings to date (including this transaction):
Balance: 131,000 shares
Amount: 286,235,000 NTD
Shareholding ratio: 0.0005%, Restrictions: None
9. Financial status:
Ratio to total assets: 1.11%
Ratio to equity attributable to owners of the parent: 2.71%
Operating capital: 4,163,173,000 NTD
10. Purpose of acquisition: Investment portfolio.
11. Dissenting opinions from directors: Not applicable
12. Related party transaction: No
13. Relationship with counterparty: Not applicable
14. Supervisor/Audit Committee approval date: Not applicable (Authorized by Chairman)
15. Date of previous announcement: Not applicable
16. Other notes: None.
FAQ
Why did Shingkong Steel invest in TSMC?
It is part of asset management aimed at building an investment portfolio.
What is the total amount invested?
Approximately 323.22 million New Taiwan Dollars.
Are there any future investment plans?
There are no specific announcements, and it is conducted as general asset management.