3037 Unimicron: Announcement regarding the disposal of all shares of Plato Electronics (Shenzhen) Co., Ltd.
Unimicron (3037) announced the sale of all shares of its subsidiary Plato Electronics (Shenzhen) to Jing Hua Electronics (Shenzhen) for 880 million RMB. The move aims to integrate group resources and improve operational efficiency.
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- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
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Announcement Date: May 22, 115
Company Name: Unimicron
Subject: Announcement regarding the decision by our subsidiary, PLATO ELECTRONICS (CAYMAN) LIMITED, to sell all equity interests in Plato Electronics (Shenzhen) Co., Ltd.
1. Target: All equity interests in Plato Electronics (Shenzhen) Co., Ltd.
2. Total Transaction Amount: 880 million RMB.
3. Counterparty: Jing Hua Electronics (Shenzhen) Co., Ltd.
4. Reason for selection: The statutory representative of the counterparty is a director of our subsidiary, PLATO ELECTRONICS (CAYMAN) LIMITED, and is familiar with the operations of Plato Electronics.
5. Estimated Gain on Disposal: Approximately 86.094 million USD, subject to final settlement, exchange rates, and accounting audit.
6. Payment Terms: Payment to be made in two stages (70% and 30%).
7. Purpose: Strategic planning of the group and integration of resources in mainland China.
8. Other conditions: Subject to approval by the Investment Commission of the Ministry of Economic Affairs.
Company Name: Unimicron
Subject: Announcement regarding the decision by our subsidiary, PLATO ELECTRONICS (CAYMAN) LIMITED, to sell all equity interests in Plato Electronics (Shenzhen) Co., Ltd.
1. Target: All equity interests in Plato Electronics (Shenzhen) Co., Ltd.
2. Total Transaction Amount: 880 million RMB.
3. Counterparty: Jing Hua Electronics (Shenzhen) Co., Ltd.
4. Reason for selection: The statutory representative of the counterparty is a director of our subsidiary, PLATO ELECTRONICS (CAYMAN) LIMITED, and is familiar with the operations of Plato Electronics.
5. Estimated Gain on Disposal: Approximately 86.094 million USD, subject to final settlement, exchange rates, and accounting audit.
6. Payment Terms: Payment to be made in two stages (70% and 30%).
7. Purpose: Strategic planning of the group and integration of resources in mainland China.
8. Other conditions: Subject to approval by the Investment Commission of the Ministry of Economic Affairs.
FAQ
Why is the company selling Plato Electronics?
It aims to integrate resources in mainland China and optimize the management structure based on the group's overall strategic plan.
What are the terms of the transaction?
The total transaction amount is 880 million RMB, payable in two stages (70% and 30%).
What is the future outlook?
The transaction will proceed according to the contract once permission is obtained from the Ministry of Economic Affairs.