Century* (5314-TW) underwent a capital distribution on August 14, issuing 3,157.03 bonus shares for every 1,000 shares held. Since then, the stock has hit the daily trading limit for six consecutive days, demonstrating a powerful rights issue recovery rally. On August 21, the company announced it will integrate unmanned surface vehicles (USVs) as a core element of its AI-powered unmanned vehicle systems business, further accelerating its stock surge and marking its sixth consecutive limit-up. Buy orders awaiting execution exceeded 40,000 lots, reflecting intense market enthusiasm.
Century* has a par value of NT$0.5 per share, differing from the standard NT$10. On the last trading day before the August 14 ex-rights date, the closing price was NT$61.3, with an ex-rights reference price of NT$14.75—creating a gap of NT$46.55. After six consecutive limit-ups, the stock reached today’s limit-up price of NT$26, recovering over 24% of the gap.
In June, Taiwan’s Executive Yuan approved the draft of the 'Special Act for Indigenous Unmanned Vehicle Procurement for National Defense,' planning to allocate up to NT$210 billion in special budget from August 2026 to the end of 2031. The budget will fund coastal surveillance and reconnaissance drones, coastal attack drones, and small suicide unmanned boats, aiming to build a non-red supply chain and strengthen asymmetric warfare capabilities.
Century* stated it will position USVs as a core component of its AI unmanned vehicle systems development strategy. The company is initiating technical verification in autonomous control, communication links, edge AI, and system integration, and will collaborate with domestic and international manufacturing partners to target the government’s planned procurement of 1,320 small unmanned boats.
FACT BOX
- Source: PR Times
- Category: News