Today's Information

Provided by: Xintec Inc.
SEQ_NO 2 Date of announcement 2022/04/15 Time of announcement 14:24:08
Subject 
 Board of Directors approved capital appropriation
Date of events 2022/04/15 To which item it meets paragraph 15
Statement 
1.Date of the resolution by the board of directors or shareholders'
  meeting:2022/04/15
2.Content of the investment plan:
  (1)Planned to build an additional factory and office building.
  (2)Purchase equipment for R&D purpose.
3.Projected monetary amount of the investment:
  (1)NT$2.5 billions
  (2)US$7.8 millions
4.Projected date of investment:
  (1)2022/04~2024/12
  (2)2022/05~2023/09
5.Source of capital funds:Cash on hand and bank loan.
6.Specific purpose:
  (1)Consider medium and long-term business development and operational
     management needs, entrust to build a new factory and office building
     on own land.
  (2)To meet R&D and future customer needs, purchase related packaging
     equipment.
7.Any other matters that need to be specified:None

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Disclaimer

Xintec Inc. published this content on 15 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2022 06:29:05 UTC.