Kunshan Subsidiary to Commission Factory Construction on Self-Owned Land
Original: 代子公司台光電子材料(昆山)股份有限公司公告自地委建廠房工程案
Summary
Elite Material is filing this disclosure on behalf of its Chinese subsidiary, Taiguang Electronic Materials (Kunshan) Co., Ltd., announcing a commissioned factory construction project to be built on land the subsidiary already owns. The project represents a capacity-expansion capital expenditure at the Kunshan manufacturing base, which is relevant to investors assessing the group's mainland China production footprint and near-term capex trajectory. Full body available on MOPS.
Full Translation
On behalf of subsidiary Taiguang Electronic Materials (Kunshan) Co., Ltd. (台光電子材料(昆山)股份有限公司), Elite Material Co., Ltd. (2383) hereby announces a factory building construction project in which the subsidiary will engage a contractor to construct plant facilities on land it already owns ('自地委建', i.e., self-owned site, commissioned construction). This type of disclosure is required under Taiwan's material information rules when a subsidiary undertakes a construction contract that meets specified financial thresholds. The announcement signals a planned expansion or upgrade of manufacturing capacity at the Kunshan, China facility — a key production node for the group's copper clad laminate and related electronic materials operations. [Body not available — subject line only. See MOPS for full announcement.]