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2031 Shingkong Steel subsidiary acquires common shares of TSMC

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Shingkong Steel's subsidiary, Xinyuan Investment, acquired common shares of TSMC for a total of approximately NT$323.22 million between May 21 and May 20 of the following year. The purpose of the acquisition is for investment portfolio building, and the transaction was approved by the Chairman.

AI Analysis

Frequently Asked Questions

Q: Why did Shingkong Steel invest in TSMC?
A: It is part of asset management aimed at building an investment portfolio.
Q: What is the total amount invested?
A: Approximately 323.22 million New Taiwan Dollars.
Q: Are there any future investment plans?
A: There are no specific announcements, and it is conducted as general asset management.