Subject: Announcement of the decision of the Board of Directors of the Company to issue new shares by capital increase by deduction from profits

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Provided By: Shiny Chemical Industrial Co., Ltd

SEQ_NO

14

announcement date

2022/02/23

Announcement time

17:13:46

Topic

 Subject:Announcement that the Company's Board
of Directors resolved to issue new shares through
capital increase from earnings

Date of events

2022/02/23

What item it responds to

paragraph 11

Declaration

1.Date of the board of directors resolution:2022/02/23
2.Source of capital increase funds:Distributable earnings
of 2021.
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):
NT$500,000,000 and 500,000,000 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:N/A
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:N/A
7.Par value per share:Par value per share:NT$10
8.Issue price:N/A
9.Number of shares subscribed for by or allocated to employees:N/A
10.Number of shares publicly sold:N/A
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:250 shares gratuitously allotted
for every thousand shares.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:If the new shares distributed to shareholders
from this capital increase are less than one full
share, shareholders may consolidate them by handling
respective procedures at the Company's stock transfer
agent, Stock Affairs Department, Taishin Securities Co., Limited
For those shares which cannot be consolidated
within the specified period or still remain
insufficient, cash will be distributed instead
(rounded to the dollar), and the Chairman shall
be authorized to designate specific persons for
purchase of these by cash at par value.
13.Rights and obligations of these newly issued shares:
Rights and obligations of these newly issued shares
are the same as those of the original shares.
14.Utilization of the funds from the capital increase:
To increase working capital.
15.Any other matters that need to be specified:
1.After this capital increase issuance proposal is
approved by the ordinary shareholders' meeting,
the board of directors is authorized to set a
separate capital increase base date.
2.If the above-mentioned matters related to the
capital increase are amended by the competent
authority or changed due to the needs of the
objective environment, the shareholders' meeting
shall authorize the board of directors to handle
them with full authority.

Warning

Shiny Chemical Industrial Co. Ltd. published this content on February 23, 2022 and is solely responsible for the information contained therein. Distributed by publicunedited and unmodified, on February 23, 2022 09:18:05 UTC.

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All news from SHINY CHEMICAL INDUSTRIAL COMPANY LIMITED

Sale 2020 7,778 million
279M
279M
Net result 2020 1,174 million
42.1M
42.1M
Net debt 2020 644M
23.1M
23.1M
2020 PER ratio 16.7x
2020 performance 3.22%
Capitalization 36,700M
1,316 million
1,316 million
EV / Sales 2019 1.98x
EV / Sales 2020 2.59x
# of employees
Floating 38.0%

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Technical Analysis Trends SHINY CHEMICAL INDUSTRIAL COMPANY LIMITED

Short term Middle term Long term
Tendencies Bullish Bullish Bullish



Evolution of the income statement


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