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Qijing: Board of Directors Approves Planned Capital Reduction to Refund Shareholders

NQ Score 70/100

AI Summary (NQ-processed)

Qijing's Board of Directors approved a cash capital reduction on April 9, 2026, totaling NT$119,912,500, eliminating 11,991,250 shares, a 15% reduction. The capital after reduction will be NT$679,504,220. Each 1,000 shares will be exchanged for 850 new shares, with a refund of NT$1,500 per 1,000 shares. This aims to optimize the company's capital structure and enhance shareholder returns.

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Frequently Asked Questions

Q: What is the purpose of Qijing's cash capital reduction?
A: The cash capital reduction aims to adjust the company's capital structure to enhance shareholder equity returns.
Q: How will shareholders receive the refund from the cash capital reduction?
A: It is expected that for every 1,000 shares, 850 new shares will be exchanged, and NT$1,500 will be refunded.