Qijing: Board of Directors Approves Planned Capital Reduction to Refund Shareholders

The Board of Directors of Qijing Company resolved on April 9, 2026, to proceed with a cash capital reduction to refund shareholders. The capital reduction amount is NT$119,912,500, eliminating 11,991,250 shares, representing a 15% reduction ratio. The capital after reduction will be NT$679,504,220. The scheduled date for the shareholder meeting is May 29, 2026. The estimated number of listed common shares after the capital reduction will be 67,950,422 shares, accounting for 100% of the issued common shares after reduction. The capital reduction will be conducted without physical shares, and the rights and obligations of the new shares will be the same as the original shares. It is expected that for every 1,000 shares, 850 new shares will be exchanged, and NT$1,500 will be refunded. The chairman is authorized to handle related matters, including setting the record date for the capital reduction and share exchange, should there be any changes due to regulatory revisions, legal changes, capital fluctuations, or other unforeseen circumstances. The purpose is to adjust the company's capital structure to enhance shareholder equity returns.