Announce to change the investment method and
capital reduction of the subsidiary in China for
subsidiary (TPK Glass Solutions (Xiamen) Inc.)
Date of events
2022/08/18
To which item it meets
paragraph 20
Statement
1.Date of occurrence of the event:2022/08/18
2.Date of the original announcement and reporting:2021/11/09
3.Summary of the content originally announced and reported:
To set up a new China subsidiary
Yiqun Electronic Tech (Xiamen) Inc.
in the form of cash and real estate worth, with a
total capital of RMB 1,816,677 thousand.
4.Reason for change and its main content:
Based on the needs of future business and
operations of Yiqun Electronic Tech (Xiamen) Inc.,
TPK Glass Solutions (Xiamen) Inc. decided to
do the capital injection totalled CNY 39,000 thousand
by cash rather than by real estate.
After the cash capital injection,
the registered capital decreased to CNY 40,000 thousand.
5.Effect on the Company's finance and business after the change:
It has no significant impact on the
company's financial operations.
6.Any other matters that need to be specified:
None
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Disclaimer
TPK Holding Co. Ltd. published this content on 18 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2022 13:03:05 UTC.
TPK Holding Co Ltd is principally engaged in the research and development, manufacture and distribution of touch modules. The Company's main products are medium- and small-sized touch panels. Its products are applied in mobile phones, portable media players (PMPs), personal navigation devices (PNDs), handheld game consoles, tablet personal computers (PCs), electronic books and digital photo frames, among others. The Company is also engaged in indium tin oxide (ITO) glass business. The Company distributes its products primarily in the Americas, Asia and others.