About Us

Corporate Profile

Organization Chart

Corporate Management

Mission & Vision

R&D Innovation

Quality Policy

Environmental protection and Occupational Safety & Health policies

Milestones

Achievement

Global Locations

News

Contact Us

Taiflex Business Units

Electronics Materials

Corporate Social Responsibility

Kaohsiung City Youth Care Association

CSR Reports & Rules

  • Safety Measures At Work Place
  • Social Responsibility Implementation Status

    Stakeholder Engagement

    Information Concerning Greenhouse Gas Emissions & Reductions

    Investors

    IR Overview

    Financial Information

    Shareholders Services

    Announcements

    Investor Conference

    IR Email Alerts

    Corporate Governance

    Board of Directors

    Board Committees

    Internal Audit

    Corporate Conduct and Ethics Implementation

    Internal Policies

    Implementation of Corporate Governance Practices

    About Information Disclosure Evaluation

    Human Resources

    HR Overview

    Life in TAIFLEX

    Jobs

    FAQs

    About Us

    News

    In order to meet the operational needs, the Board of Directors of the Company proposed to increase the investment in China

    Date:2021/01/22

    1.Date of occurrence of the event:2021/01/22
    2.Method of the current increase (decrease) in investment:
     Through reinvestment of a company established in the third area,
     indirectly invest in Rudong Fuzhan Scientific Co., Ltd
    3.Amount, unit price, and total monetary amount of the transaction:
     USD 9,000,000
    4.Company name of the mainland Chinese investee:
     Rudong Fuzhan Scientific Co., Ltd
    5.Paid-in capital of aforementioned mainland Chinese investee:
     USD 35,000,000
    6.Amount of capital increase currently planned for the aforementioned
    mainland Chinese investee: USD 9,000,000
    7.Main businesses of the aforementioned mainland Chinese investee:
     Production, processing and sale of flexible copper clad laminate, coverlay
     and aluminum laminated film.
    8.Type of CPA opinion in the latest annual financial statements of the
    aforementioned mainland Chinese investee: Unqualified opinion.
    9.Total equity of the aforementioned mainland Chinese investee in the latest
    annual financial statements: RMB 214,472 thousands
    10.Amount of profit/loss of the aforementioned mainland Chinese investee in
    the latest annual financial statements: RMB 6,492 thousands
    11.Amount of actual investment in the aforementioned mainland Chinese
    investee, up to the present moment: USD 35,000,000
    12.Trading counterparty and its relationship with the Company:
     N/A
    13.Where the trading counterparty is a related party, announcement shall
    also be made of the reason for choosing the related party as trading
    counterparty and the identity of the previous owner, its relationship with
    the Company and the trading counterparty, and the previous date and monetary
    amount of transfer: N/A
    14.Where an owner of the underlying assets within the past five years has
    been a related party of the Company, the announcement shall also include the
    date and price of acquisition and disposal by the related party, and its
    relationship with the Company at the time of the transaction: N/A
    15.Profit (or loss) upon disposal: N/A
    16.Terms of delivery or payment (including payment period and monetary
    amount), restrictive covenants in the contract, and other important terms
    and conditions: N/A
    17.The manner in which the current transaction was decided, the reference
    basis for the decision on price, and the decision-making unit: N/A
    18.Broker: N/A
    19.Concrete purpose of the acquisition or disposal: N/A
    20.Any dissenting opinions of directors to the present transaction: None.
    21.Whether the counterparty of the current transaction is a related party: Yes
    22.Date of the board of directors resolution: 2021/01/22
    23.Date of ratification by supervisors or approval by
    the Audit Committee: 2021/01/22
    24.Total amount of investment in mainland China (including the current
    investment) approved by the Investment Commission, up to the present moment:
     NTD 2,580,006 thousands
    25.Ratio of the total amount of investment in mainland China (including the
    current investment) approved by the Investment Commission, up to the present
    moment, to the paid-in capital on the latest financial statements: 123.37%
    26.Ratio of the total amount of investment in mainland China (including the
    current investment) approved by the Investment Commission, up to the present
    moment, to the total assets on the latest financial statements: 23.95%
    27.Ratio of the total amount of investment in mainland China (including the
    current investment) approved by the Investment Commission, up to the present
    moment, to equity attributable to owners of the parent on the latest
    financial statements: 35.56%
    28.Total amount of actual investment in mainland China, up to the present
    moment: NTD 2,337,460 thousands
    29.Ratio of the total amount of actual investment in mainland China, up to
    the present moment, to the paid-in capital on the latest financial
    statements: 111.78%
    30.Ratio of the total amount of actual investment in mainland China, up to
    the present moment, to the total assets on the latest
    financial statements: 21.70%
    31.Ratio of the total amount of actual investment in mainland China, up to
    the present moment, to equity attributable to owners of the parent on the
    latest financial statements: 32.22%
    32.Amount of recognized profit (loss) on investment in mainland China for
    the last three years:
     2017:NTD  167,518  thousands
     2018:NTD (270,964) thousands
     2019:NTD  (94,229) thousands
    33.Amount of profit remitted back to Taiwan for the last
    three years:
     2018:NTD 0
     2019:NTD 0
     2020:NTD 135,257 thousands
    34.Whether the CPA issued an unreasonable opinion regarding the current
    transaction: N/A
    35.Name of the CPA firm: N/A
    36.Name of the CPA: N/A
    37.Practice certificate number of the CPA: N/A
    38.Any other matters that need to be specified: None.

    Back