[Sinyi] Announcement of Board of Directors' Resolution on Cash Reduction of Subsidiary
Key facts
- [Sinyi] Announcement of Board of Directors' Resolution on Cash Reduction of Subsidiary
- The subsidiary of the Sinyi Group, Jiuxin Real Estate (Wuxi) Co., Ltd., will implement a cash reduction to optimize the overall fund utilization of the group by transferring funds to the highest level of the group. The reduction amount is USD 15,000 thousand, and the reduction ratio is approximately 10%.
- Source: TWSE
- Date: Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)
Direct answer
The subsidiary of the Sinyi Group, Jiuxin Real Estate (Wuxi) Co., Ltd., will implement a cash reduction to optimize the overall fund utilization of the group by transferring funds to the highest level of the group. The reduction amount is USD 15,000 thousand, and the reduction ratio is approximately 10%.
- Citation
- [Sinyi] Announcement of Board of Directors' Resolution on Cash Reduction of Subsidiary (Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
- Source
- TWSE
- Date
- Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
The subsidiary of the Sinyi Group, Jiuxin Real Estate (Wuxi) Co., Ltd., will implement a cash reduction to optimize the overall fund utilization of the group by transferring funds to the highest level of the group. The reduction amount is USD 15,000 thousand, and the reduction ratio is approximately 10%.
AI Analysis
Frequently Asked Questions
- Q: What is the purpose of Sinyi Group's cash reduction?
- A: The purpose is to optimize group fund planning and improve fund utilization efficiency.
- Q: How much is the reduction amount?
- A: The reduction amount is USD 15,000 thousand.
- Q: How will the capital change after the reduction?
- A: The capital after the reduction will be USD 132,000 thousand.