ASE Technology Holding: Subsidiary Acquires Operational Equipment from Hongjin Precision for 1.13 Billion TWD
ASE Technology Holding announced that its subsidiary, ASE Semiconductor Manufacturing, has acquired production and operational equipment from Hongjin Precision for approximately 1.13 billion TWD.
📋 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 07:08 (36 min after Collected)
Announcement Date: May 21, 2026
Statement Date: May 20, 2026
Statement Time: 16:59:00
Company Code: 3711
Company Name: ASE Technology Holding
Subject: Announcement regarding the subsidiary ASE Semiconductor Manufacturing Co., Ltd.'s acquisition of operational equipment from Hongjin Precision Co., Ltd.
Clause: Article 20
Date of Event: May 20, 2026
Explanation:
1. Name and nature of target: Operational equipment.
2. Date of event: May 26, 2025 – May 20, 2026.
3. Board approval date: Not applicable.
4. Other authorization: Authorized by the General Manager (May 20, 2026).
5. Transaction volume, price, and total amount: A batch, total price 1,132,364,000 TWD (tax excluded).
6. Relationship: Counterparty is Hongjin Precision Co., Ltd., no relation.
7-9. Not applicable.
10. Payment terms: Wire transfer or letter of credit.
11. Determination method: Price comparison and negotiation.
12-22. Not applicable.
23. Purpose: For production and operational use.
24-31. Not applicable.
Statement Date: May 20, 2026
Statement Time: 16:59:00
Company Code: 3711
Company Name: ASE Technology Holding
Subject: Announcement regarding the subsidiary ASE Semiconductor Manufacturing Co., Ltd.'s acquisition of operational equipment from Hongjin Precision Co., Ltd.
Clause: Article 20
Date of Event: May 20, 2026
Explanation:
1. Name and nature of target: Operational equipment.
2. Date of event: May 26, 2025 – May 20, 2026.
3. Board approval date: Not applicable.
4. Other authorization: Authorized by the General Manager (May 20, 2026).
5. Transaction volume, price, and total amount: A batch, total price 1,132,364,000 TWD (tax excluded).
6. Relationship: Counterparty is Hongjin Precision Co., Ltd., no relation.
7-9. Not applicable.
10. Payment terms: Wire transfer or letter of credit.
11. Determination method: Price comparison and negotiation.
12-22. Not applicable.
23. Purpose: For production and operational use.
24-31. Not applicable.
FAQ
What is the purpose of the equipment acquired by ASE Technology Holding?
The equipment is acquired for operational use in production and business activities.
Is this transaction considered a related-party transaction?
No, the announcement explicitly states it is not a related-party transaction.
How was the transaction price determined?
The price was determined through price comparison and negotiation procedures based on internal policies.