Material Information of the Company
2025Year
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject Announcement on behalf of subsidiary according to article 22 sec.4 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees
- Compliance Article Article 4sec.22
- Event Date 2025/03/11
- Description
- 1.Date of occurrence of the event:2025/03/10
2.For the company for whom the endorsements/guarantees were made, please specify name of endorsed/guaranteed company, its relationship with the Company providing endorsements/guarantees, the ceiling on the endorsements/guarantees (thousand NTD), the original amount of endorsements/guarantees (thousand NTD), the amount of the current additional endorsements/guarantees (thousand NTD), the amount of endorsements/guarantees as of the date of occurrence (thousand NTD), the actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional endorsements/guarantees:
A. Funding recipient name：Fortune Electric Extra High Voltage Co., Ltd.
(1)Relationship with lender:
Lender:Fortune Electric Co., Ltd.
Relationship with the lender: 100% directly owned subsidiary of the lender.
(2)Lending limit：NT$ 3602588 thousand
(3)Starting outstanding balance：NT$ 500000 thousand
(4)New loan：NT$ 200000 thousand
(5)Is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate：Yes
(6)Outstanding balance up to the date of occurrence：NT$ 69403 thousand
(7)Reason for new loan：For repayment of loan and operational needs
3.For collaterals provided by the company for whom the endorsements/guarantees were made, the content and the value (thousand NTD):0
4.For the latest financial statements of the company for whom the endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
(1)Capital: NT$ 800000 thousand
(2)Accumulated profit/loss: Accumulated NT$ 423203 thousand
5.For termination of endorsement/guarantee obligations, the condition and the date:
(1) Condition: Repayment of loans
(2) Date: Maturity date for contracts with the banks
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD): 4323105 thousand
7.The total amount of endorsements/guarantees as of the date of occurrence (thousand NTD):1000000 thousand
8.The amount of endorsements/guarantees as a percentage of the public company’s net worth on the latest financial report as of the date of occurrence:13.88%
9.The aggregate amount of equity method investments, endorsements/guarantees, and monetary loans extended to others as a percentage of the public company’s net worth on the latest financial statements:50.46%
10.Any other matters that need to be specified:NONE
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject Resolution by the board of directors to distribute dividends
- Compliance Article Article 4sec.14
- Event Date 2025/03/11
- Description
- 1.Date of the board of directors resolution :2025/03/10
2.Year or quarter which dividends belong to:2024
3.Period which dividends belong to:2024/01/01-2024/12/31
4.Appropriations of earnings in cash dividends to shareholders (NT$ per share):9
5.Cash distributed from legal reserve and capital surplus to shareholders (NT$ per share):0
6.Total amount of cash distributed to shareholders (NT$):2584479627
7.Appropriations of earnings in stock dividends to shareholders (NT$ per share):1
8.Stock distributed from legal reserve and capital surplus to shareholders (NT$ per share):0
9.Total amount of stock distributed to shareholders (shares):28716441
10.Any other matters that need to be specified:None
11.Par value of common stock:10
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject Announcement on behalf of subsidiary according to article 22 sec.4 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees
- Compliance Article Article 4sec.22
- Event Date 2025/03/10
- Description
- 1.Date of occurrence of the event:2025/03/10
2.For the company for whom the endorsements/guarantees were made, please specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the endorsements/guarantees (thousand NTD), the original amount of endorsements/guarantees (thousand NTD), the amount of the current additional endorsements/guarantees (thousand NTD), the amount of endorsements/guarantees as of the date of occurrence (thousand NTD), the actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional endorsements/guarantees:
A. Funding recipient name：Fortune Electric Extra High Voltage Co., Ltd.
(1)Relationship with lender:
Lender:Fortune Electric Co., Ltd.
Relationship with the lender: 100% directly owned subsidiary of the lender.
(2)Lending limit：NT$ 3602588 thousand
(3)Starting outstanding balance：NT$ 500000 thousand
(4)New loan：NT$ 200000 thousand
(5)Is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate：Yes
(6)Outstanding balance up to the date of occurrence：NT$ 69403 thousand
(7)Reason for new loan：For repayment of loan and operational needs
3.For collaterals provided by the company for whom the endorsements/guarantees were made, the content and the value (thousand NTD):0
4.For the latest financial statements of the company for whom the endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative gains/losses (thousand NTD):
(1)Capital: NT$ 800000 thousand
(2)Accumulated profit/loss: Accumulated NT$ 423203 thousand
5.For termination of endorsement/guarantee obligations, the condition and the date:
(1) Condition: Repayment of loans
(2) Date: Maturity date for contracts with the banks
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD): 4323105 thousand
7.The total amount of endorsements/guarantees as of the date of occurrence (thousand NTD):1000000 thousand
8.The amount of endorsements/guarantees as a percentage of the public company’s net worth on the latest financial report as of the date of occurrence:13.88%
9.The aggregate amount of equity method investments, endorsements/guarantees, and monetary loans extended to others as a percentage of the public company’s net worth on the latest financial statements:50.46%
10.Any other matters that need to be specified:NONE
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject Announcement of Board of Directors resolution to issue new common shares from earnings
- Compliance Article Article 4sec.11
- Event Date 2025/03/10
- Description
- 1.Date of the board of directors resolution:2025/03/10
2.Source of capital increase funds: ”capitalization of retained earnings”
3.Whether to adopt shelf registration (Yes, please state issuance period/No): No
4.Total monetary value of the issuance and number of shares issued (shares issued not including those distributed to employees if consisting in capital increase from earnings or capital surplus): NT$287,164,410 and 28,716,441 common shares.
5.If adopting shelf registration, monetary value and number of shares to be issued this time:N/A
6.The remaining monetary value and shares after this issuance when adopting shelf registration:N/A
7.Par value per share:NT$10 per share
8.Issue price:N/A
9.Number of shares subscribed for by or allocated to employees:None
10.Number of shares publicly sold:None
11.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders:Around 100 shares for every 1,000 shares.
12.Handling method for fractional shares and shares unsubscripted for by the deadline:
Stock dividends to shareholders shall be based on the proportion of shares held by the shareholders listed in the shareholder list on the base date of the capital increase and allotment, and approximately 100 shares will be allotted for every 1,000 shares. For odd share which is less than one share, the shareholder may apply to the stock agency within five days from the closing date In accordance with the provisions of Article 240 of the Company Law,
The remaining odd share will be converted up to NT$1 according to The par value(to be used to offset the related fees), and the chairman is authorized to contact specific person to purchase according to the par value.
13.Rights and obligations of these newly issued shares:Same as common shares.
14.Utilization of the funds from the capital increase: To meet operational needs and enrich the working capital.
15.Any other matters that need to be specified:
This case will be approved by the regular meeting of shareholders and submitted to the competent authority for approval in accordance with the law. It is proposed that the shareholders' meeting authorize the board of directors to set another base date for shares allotment and capital increase and other related matters. If it is revised by the competent authority or needs to be changed in response to factual needs, the board of directors will be authorized with full authority.
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject The Company's Board of Directors resolved to convene the 2025 Annual General Shareholders Meeting
- Compliance Article Article 4sec.17
- Event Date 2025/03/10
- Description
- 1.Date of the board of directors' resolution:2025/03/10
2.Shareholders meeting date:2025/06/13
3.Shareholders meeting location:10, Jilin Road, Zhongli District, Taoyuan City (Zhongli Factory)
4.Shareholders' meeting will be held by means of (physical shareholders' meeting/ hybrid shareholders' meeting / virtual-only shareholders' meeting):physical shareholders meeting
5.Cause for convening the meeting (1)Reported matters:(1)2024 business report
(2)Audit Committee's review of the 2024 annual final accounting books and statements
(3)Report on 2024 employees' and directors' remuneration
(4)2024 Annual Report on Cash Dividend Distribution.
6.Cause for convening the meeting (2)Acknowledged matters:(1)2024 Consolidated Financial Statements and Individual Financial Statements and Business Reports
(2)Acknowledgment of the 2024 Earnings Distribution
7.Cause for convening the meeting (3)Matters for Discussion:
(1)The Proposal for Amending the Company's Articles of Incorporation
(2)Issuance of new common shares from earnings
(3)The Proposal for Amending the Company's Rules of Procedure For Shareholders Meeting
8.Cause for convening the meeting (4)Election matters:None
9.Cause for convening the meeting (5)Other Proposals:None
10.Cause for convening the meeting (6)Extemporary Motions:None
11.Book closure starting date:2025/04/15
12.Book closure ending date:2025/06/13
13.Any other matters that need to be specified:
(1)According to Article 172-1 of the Company Law, shareholders holding more than 1% of the total number of issued shares may submit shareholders'
general meeting resolutions to the company from 2025/04/01 to 2025/04/11.
Address for accepting proposals:10th Floor, No.370,Section 1, Fuxing South Road,Daan District,Taipei City. Tel:(02)2704-7001
(2)This shareholders' meeting can exercise voting rights electronically, and the exercise period is from 2025/05/14 to 2025/06/10 (Electronic voting platform: Taiwan Centralized Depository and Clearing House Co., Ltd.).
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject The Company's consolidated financial report for 2024/Q4 has been approved by the Board of Directors.
- Compliance Article Article 4sec.31
- Event Date 2025/03/10
- Description
- 1.Date of submission to the board of directors or approval by the board of directors:2025/03/10
2.Date of approval by the audit committee:2025/03/10
3.Start and end dates of financial reports or annual self-assessed financial information of the reporting period (XXXX/XX/XX~XXXX/XX/XX): 2024/01/01~2024/12/31
4.Operating revenue accumulated from 1/1 to end of the period (thousand NTD):20202779
5.Gross profit (loss) from operations accumulated from 1/1 to end of the period (thousand NTD):7384693
6.Net operating income (loss) accumulated from 1/1 to end of the period (thousand NTD):4890544
7.Profit (loss) before tax accumulated from 1/1 to end of the period (thousand NTD):5439324
8.Profit (loss) accumulated from 1/1 to end of the period (thousand NTD):4270996
9.Profit (loss) during the period attributable to owners of parent accumulated from 1/1 to end of the period (thousand NTD):4286020
10.Basic earnings (loss) per share accumulated from 1/1 to end of the period (NTD):14.93
11.Total assets end of the period (thousand NTD):21869397
12.Total liabilities end of the period (thousand NTD):13095534
13.Equity attributable to owners of parent end of the period (thousand NTD):8682790
14.Any other matters that need to be specified:None
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject Clarify the news content of the A11 edition of the Economic Daily News on Feb.11,2025
- Compliance Article Article 4sec.51
- Event Date 2025/02/11
- Description
- 1.Date of occurrence of the event:2025/02/11
2.Company name:Fortune Electric Co., Ltd.
3.Relationship with the Company (please enter ”the company itself” or ”subsidiaries”):The Compnay itself
4.Reciprocal shareholding percentage:Not Applicable
5.Name of the reporting media:Economic Daily News
6.Content of the report:Looking forward to 2025, Fortune Electric Co., Ltd. stated that it will continue to increase the proportion of exports, with production capacity expected to expand by at least 30%. Institutional analysts estimate that revenue will grow by at least 30% this year, with its gross profit margin expected to exceed 40%.
7.Cause of occurrence:Clarify the news content of the A11 edition of the Economic Daily News.
8.Countermeasures:Publish clarifying information on the Market Observation Post System.
9.Any other matters that need to be specified:For relevant financial data of the company, please refer to the Market Observation Post System.
- Spokesperson Ted Hsu
- Title President
- Phone 02-27047001-218
- Subject Cybersecurity Incident in Our Company
- Compliance Article Article 4sec.26
- Event Date 2025/02/08
- Description
- 1.Date of occurrence of the event:2025/02/08
2.Cause of occurrence:A cybersecurity incident occurred in our company on 2025/02/08, involving a ransomware attack.
3.Handling procedure:Upon detection of the incident, our cybersecurity team immediately activated relevant defense mechanisms and recovery operations.
After handling the situation, the company’s information systems and official website were not affected, and no personal data or file leakage has been found. Therefore, the incident has not caused any significant damage or impact to the company.
4.Anticipated possible loss or impact:After assessment, it has been determined that the incident has no significant impact on company operations.
5.Amount of insurance claims that might be obtained: Not applicable.
6.Improvement status and future countermeasures:Our company will continue to enhance the security and management of network and IT infrastructure to ensure information security and prevent similar incidents in the future.
7.Any other matters that need to be specified:None.