Material Subsidiary Shenzhen Tiandeyue Technology Disposes of Securities
Original: 代重要子公司深圳天德鈺科技股份有限公司公告處分有價證券
Summary
Phison Electronics is filing this material information disclosure on behalf of its material subsidiary, Shenzhen Tiandeyue Technology Co., Ltd. (深圳天德鈺科技股份有限公司), announcing a disposal (sale or liquidation) of securities holdings. The transaction may affect the consolidated financial position of Phison and warrants investor attention regarding the scale, counterparty, and proceeds involved. Full body available on MOPS.
Full Translation
Subject line (original): 代重要子公司深圳天德鈺科技股份有限公司公告處分有價證券. Translation: 'Announcement filed on behalf of material subsidiary Shenzhen Tiandeyue Technology Co., Ltd. regarding the disposal of marketable securities.' Interpretive context: Under TWSE/TPEx disclosure rules, a listed company must file material information on behalf of a 'material subsidiary' (重要子公司) when that subsidiary undertakes a significant transaction. Here, Phison Electronics (4961) is the filing entity acting as the disclosing parent. The subsidiary, Shenzhen Tiandeyue Technology Co., Ltd., is a PRC-incorporated entity and classified as material to Phison's consolidated operations. The term 處分有價證券 refers to the disposal — through sale, transfer, or redemption — of securities held as an asset (e.g., equity stakes, bonds, or fund units). The announcement triggers disclosure obligations under Article 36 of the Securities Exchange Act and related TWSE regulations. Without the full announcement body, the specific securities disposed of, transaction value, counterparty, and timing remain unknown. [Body not available — subject line only. See MOPS for full announcement.]