What is the purpose of Century Wind Power's new share issuance?

To facilitate a share swap with Century Huaxin Wind Energy, enabling strategic consolidation and scaling of wind power operations.

How many shares and what total amount are being issued?

44 million shares with a total value of NT$440 million; par value is NT$10 per share.

How are fractional shares handled?

Fractional shares are converted to cash based on the closing price, and the Chairman may arrange market-price purchases.

How does this integration support Taiwan's energy policy?

It advances renewable energy targets and supports carbon neutrality through expanded wind power capacity.

What developments are expected next?

Joint offshore wind projects or further M&A activities are likely within 3–6 months.

Century Wind Power Announces Board Approval of New Share Issuance for Share Swap with Century Huaxin Wind Energy

Published Jun 26, 2026 9:00 AM ・ Updated Jun 26, 2026 10:30 AM ・ 5 min read ・ Source: PR Times

Century Wind Power's board has approved a new share issuance to facilitate a share swap with Century Huaxin Wind Energy, marking a strategic consolidation in Taiwan's renewable energy sector.

Release Date: June 26, 2023 Statement Date: June 25, 2023 Statement Time: 16:13:40 Company Code: 2072 Company Name: Century Wind Power Purpose: Announcement of the board resolution approving the issuance of new shares through capital increase for a share swap with Century Huaxin Wind Energy Co., Ltd. Applicable Clause: Item 11 Factual Date: June 25, 2023

Details: 1. Board Resolution Date: June 25, 2023 2. Source of Capital Increase Funds: Not applicable 3. Use of General Offering for New Share Issuance (if yes, specify planned issuance period; if no): No 4. Total Issuance Amount and Number of Shares (excluding employee allocation for surplus or reserve capitalization): Total Amount: NT$440,000,000 Total Shares: 44,000,000 shares 5. Issuance Amount and Number of Shares for General Offering Cases: Not applicable 6. Remaining Amount and Share Balance after Issuance for General Offering Cases: Not applicable 7. Par Value per Share: NT$10 8. Issuance Price: Not applicable 9. Employee Subscription Shares or Allocation Amount: Not applicable 10. Public Offering Shares: Not applicable 11. Existing Shareholders' Subscription or Free Allocation Ratio: Not applicable 12. Handling of Fractional Shares and Unsubscribed Shares: Shareholders of Century Huaxin Wind Energy Co., Ltd. (hereinafter "Century Huaxin") receiving fractional shares (less than one share) due to the share swap will receive cash compensation from the company based on the closing price on the last trading day prior to the share conversion benchmark date (amounts less than NT$1 will be rounded to the nearest dollar). The Chairman or designated person of the company is authorized to negotiate with specific parties to purchase these fractional shares at market price. If changes to this handling method are required by law or operational needs, the Chairman or designated person shall have full authority to manage such changes. 13. Rights and Obligations of the Newly Issued Shares: Identical to the company's previously issued ordinary shares. 14. Use of Capital Increase Funds: Not applicable 15. Rationality and Necessity of Fundraising after Cash Reduction (applicable if cash reduction was conducted in the current or previous year): Not applicable 16. Other Matters to be Clarified: Any unresolved matters regarding this share swap and new share issuance, unless otherwise stipulated in the share swap agreement, shall be fully authorized to the Chairman for handling and may be processed directly in accordance with the latest laws and administrative guidelines.

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Source: PR Times
Category: Funding

Century Wind Power Announces Board Approval of New Share Issuance for Share Swap with Century Huaxin Wind Energy

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