Announcement of the discontinuation of sugar business operations by significant subsidiary Yilien Sugar. 1. Fact occurrence date: May 15, 2026. 2. Reason: Yilien Sugar evaluated that its sugar production and sales could not reach economies of scale, leading to continuous losses. 3. Comparison of production capacity/volume: Not applicable. 4. Percentage of revenue: Not applicable. 5. Decision-making process: Approved by the board of directors of Yilien Sugar on May 15, 2026. 6. Other notes: Relevant sugar production equipment has been evaluated for impairment, and Yilien Sugar will recognize an impairment loss of 289,515,000 NTD in the second quarter of 2026.

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  • Source: PR Times
  • Category: News