ELITE MATERIAL Announces Board Resolution to Approve Share Conversion with Taiwan Elite Star Co., Ltd.
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ELITE MATERIAL announced its board resolution to proceed with a share conversion with Taiwan Elite Star Co., Ltd. One share of Taiwan Elite Star will be exchanged for 0.342 shares of ELITE MATERIAL. This strategic move aims to integrate resources, expand operations, bolster its automotive presence, and enhance global competitiveness, with an effective date tentatively set for October 1, 2026.