Major Subsidiary Greater Shanghai Co., Ltd. Approves Profit Distribution Plan
Original: 代重要子公司大上海有限公司公告盈餘分配案
Summary
Elite Material Co., Ltd. (2383) is filing this disclosure on behalf of its designated material subsidiary, Greater Shanghai Co., Ltd. (大上海有限公司), which has resolved an earnings (profit) distribution plan. Under Taiwan's MOPS framework, listed companies are required to announce material resolutions made by important subsidiaries on their behalf. The specific distribution amounts and record dates are not available from the subject line alone. Full body available on MOPS.
Full Translation
Subject (translated): 'Announcement filed on behalf of major subsidiary Greater Shanghai Co., Ltd. regarding a profit distribution resolution.' — Elite Material Co., Ltd. (TWSE: 2383) is acting as the filing entity for its material subsidiary Greater Shanghai Co., Ltd. (大上海有限公司), which has passed a resolution to distribute earnings (盈餘分配案). Under Taiwan's Securities and Exchange Act and MOPS disclosure rules, parent companies must disclose material resolutions of important subsidiaries as if they were the parent's own disclosures; this filing fulfils that obligation. The resolution covers the appropriation or distribution of the subsidiary's retained earnings or current-period profits, though precise figures, per-unit amounts, and payment timing are not derivable from the subject line alone. [Body not available — subject line only. See MOPS for full announcement.]