Subsidiary Zhongshan Taiguang Electronic Materials to Commission Factory Construction on Own Land
Original: 代子公司中山台光電子材料有限公司 公告自地委建廠房工程案
Summary
Elite Material (2383) is announcing, on behalf of its subsidiary Zhongshan Taiguang Electronic Materials Co., Ltd., a contracted construction project for a new manufacturing facility to be built on land already owned by the subsidiary. This signals a capacity expansion move by the Zhongshan-based subsidiary, likely tied to growing CCL/high-frequency laminate demand. Full body available on MOPS.
Full Translation
On behalf of subsidiary Zhongshan Taiguang Electronic Materials Co., Ltd. (中山台光電子材料有限公司), Elite Material announces the commissioning of a factory construction project on the subsidiary's self-owned land (自地委建廠房工程案). The announcement follows standard TWSE material-information disclosure requirements, whereby the listed parent (Elite Material, 2383) files the disclosure on behalf of an unlisted subsidiary undertaking a capital project. The construction is being contracted out (委建) rather than self-executed, indicating a formal EPC or general-contractor arrangement. The project location — Zhongshan, Guangdong — is consistent with Elite Material's existing China manufacturing footprint for copper-clad laminate and related electronic materials. [Body not available — subject line only. See MOPS for full announcement.]