【Long Ming Green Energy】Announcement of the Board of Directors' Resolution to Conduct a Private Placement of Common Shares for 2026

Q: What are the key facts in this article?

Long Ming Green Energy's Board of Directors resolved on May 11, 2026, to issue up to 52 million common shares through private placement. This aims to secure working capital, repay debts, make long-term equity investments, acquire new businesses, and strengthen its financial structure and business expansion.

Q: What is the direct answer?

Long Ming Green Energy's Board of Directors resolved on May 11, 2026, to issue up to 52 million common shares through private placement. This aims to secure working capital, repay debts, make long-term equity investments, acquire new businesses, and strengthen its financial structure and business expansion.

Q: What is the source and date?

Source: https://mops.twse.com.tw/material/twse-3018-2026-05-11-98df236e | Date: Date unavailable

1. Date of Board of Directors' resolution: 2026/05/11 2. Type of privately placed securities: Common shares 3. Private placement subscribers and their relationship with the company: (1) Limited to specific persons in accordance with Article 43-6 of the Securities and Exchange Act and the Financial Supervisory Commission's Order No. 1120383220 dated September 12, 2023. Currently, there are no confirmed subscribers. (2) As insiders have a relatively good understanding of the company's operations, to enhance the feasibility of this private placement, the subscribers for this private placement of common shares are intended to include insiders. List of insiders: (1) Hsu Chien-Lung: Chairman of the Company (2) Kuo Hui-Lan: Vice Chairman of the Company (3) Hua Yang Venture Capital Co., Ltd.: Corporate Director of the Company (4) Pan Chi-Hsiu: Director of the Company (5) Chou Chi-Ping: Director of the Company (6) Yong Tai Enterprise Co., Ltd.: Shareholder holding over 5% of shares (3) If the subscriber is a strategic investor: (1) Selection method and purpose of subscribers: Such subscribers may enhance the company's profitability through their experience, technology, and knowledge, or improve the company's financial capital structure and provide business niches, whether individuals or legal entities. (2) Necessity: It can enhance the company's competitive advantage, improve the company's financial health, and significantly benefit and be necessary for the company's long-term business development. (3) Expected benefits: It will help the company expand its business, improve its financial capital structure, and achieve the benefits of enhancing the company's future operating performance. (4) Currently, there are no confirmed strategic investors. 4. Number of privately placed shares or units: Not exceeding 52,000,000 shares, authorized by the shareholders' meeting to the Board of Directors, to be carried out in six installments within one year from the date of the shareholders

【Long Ming Green Energy】Announcement of the Board of Directors' Resolution to Conduct a Private Placement of Common Shares for 2026

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