Hwasung's Ex-Rights and Dividend Shines: Completes Fill-Up Ahead of Schedule with 61% Recovery

Heavy electrical manufacturer Hwasung (1519-TW) commenced ex-rights and dividend trading today (5th). The company distributed a stock dividend of NT$1 and a cash dividend of NT$11 per share, with an ex-dividend reference price of NT$638 and a rights and dividend gap of approximately NT$74.82. The cash dividend is scheduled to be paid on August 26. The stock opened at NT$666, rose steadily, and reached a high of NT$684, completing the fill-up on the same day with a recovery rate of approximately 61%.

Hwasung opened 28 NT dollars higher at NT$666 today, surging intraday to NT$684, exceeding half of the daily price limit. The fill-up rate exceeded 60%. As of 11:30 a.m., the stock was trading around NT$665, up over 4%. Although the gains have slightly narrowed, the stock is steadily progressing toward full recovery, with trading volume exceeding 1,000 shares, reflecting strong market interest.

Hwasung continues to benefit from the growing demand for AI Data Centers (AIDC). AIDC-related orders have already surpassed NT$20 billion. AIDC shipment value for this year is expected to reach NT$4.5 to NT$5 billion, increasing the overall AIDC revenue contribution from 5% last year to 15% this year. Hwasung anticipates that its second-half performance will surpass the first half.

Among the 'Big Four' heavy electrical companies, Hwasung was the last to undergo ex-rights and dividend trading. Shih-Den (1503-TW) distributed a cash dividend of NT$5 per share on July 23 and completed the fill-up on the same day. Chung-Hsing Electric (1513-TW) distributed a cash dividend of NT$6 per share on July 9, completing the fill-up in four days. Ya-Li (1514-TW) distributed a stock dividend of NT$0.2 and a cash dividend of NT$2 per share on July 30, completing the fill-up in two days.

Additionally, Shih-Den, Chung-Hsing Electric, and Ya-Li all rose today, each recording gains of over 1%.