[Yung-Fu] Announcement Regarding Important Subsidiary Xin Xin Co., Ltd.'s Board Resolution to Conduct Cash Capital Increase for Wansheng Energy Co., Ltd.
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Yung-Fu announced that its important subsidiary, Xin Xin Co., Ltd., has resolved to conduct a cash capital increase of NT$900 million for Wansheng Energy Co., Ltd., a wholly-owned subsidiary. This is for long-term investment purposes and constitutes a related party transaction, approved by Xin Xin Co., Ltd.'s board on April 15, 2026.
AI Analysis
Frequently Asked Questions
- Q: What is the name of the target asset for the capital contribution in this transaction?
- A: The name of the target asset for the capital contribution is Wansheng Energy Co., Ltd.
- Q: What is the total transaction amount approved for the cash capital increase?
- A: The total transaction amount approved for the cash capital increase is NT$900,000,000.
- Q: When did the board of directors of the subsidiary approve this cash capital increase?
- A: The board of directors approved this cash capital increase on April 15, 2026.
- Q: What is the relationship between the transaction counterparty and Xin Xin Co., Ltd.?
- A: The transaction counterparty, Wansheng Energy Co., Ltd., is a wholly-owned subsidiary of Xin Xin Co., Ltd.
- Q: What are the payment terms and schedule for this capital contribution transaction?
- A: Payment is to be completed according to the payment schedule of Wansheng Energy Co., Ltd.