Jinan Acetate Chemical : Announcement of the company's 2022 annual cash capital increase and share subscription base date and other related matters(Update bank information)

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Provided by: Jinan Acetate Chemical Co., LTD.
SEQ_NO	1	Date of announcement	2022/07/14	Time of announcement	18:22:28
Subject	Announcement of the company's 2022 annual cash capital increase and share subscription base date and other related matters(Update bank information)
Date of events	2022/07/13	To which item it meets	paragraph 11
Statement	1.Date of the board of directors resolution or decision by the Company for record date:2022/07/13 2.Whether to adopt shelf registration (Yes, please state issuance period /No): No 3.Effective registration date approved by competent authority:2022/04/18 4.Date of the board of directors resolution for (additional) issuance of shares:2022/03/09 5.Total monetary value of the issuance and number of shares issued: The total amount issued is NT$30,000,000 / The number of issued shares is 3,000,000 6.If adopting shelf registration, monetary value and number of shares to be issued this time:NA 7.The remaining monetary value and shares after this issuance when adopting shelf registration:NA 8.Par Value per share:NT$10 9.Issue price: The issue price per share is NT$100 10.Number of shares subscribed for by employees: According to Article 2.3 of the company's articles of association, 300,000 shares of 10% of the total issued new shares are reserved for subscription by the company's employees 11.Ratio of shares subscribed for by existing shareholders: Capital increase to issue 80% of new shares,totaling 2,400,000 shares, to be increased by the original shareholders Shareholders' shareholding ratio recorded in the shareholder register on the base date of capital subscription 12.Method for public sale and no.of shares: In accordance with the provisions of Article 28-1 of the Securities and Exchange Law of the Republic of China, the issuance of 10% of the total new shares, 300,000 shares will be publicly underwritten by public subscription 13.Handling method for fractional shares and shares unsubscripted for by the deadline: If the original shareholder subscribes for less than one share, the shareholder may, within five days from the date of closing the transfer of accounts, go to the company's stock agency for patching up. It is proposed to authorize the chairman of the board to negotiate with a specific person to subscribe for the abnormal fractional shares that have not been pieced together into one share within the time limit 14.Rights and obligations of these newly issued shares: Same as the original issued shares 15.Utilization of the funds from the current capital increase: Repay bank loan 16.Record date of cash capital increase and share subscription:2022/07/26 17.Last date before book closure:2022/07/21 18.Book closure starting date:2022/07/22 19.Book closure ending date:2022/07/26 20.Payment period: 2022/08/02~2022/09/02 (contributions by original shareholders and employees) 2022/09/05~2022/09/07 (contributions by specific person) 21.Date of the agreement with the banks to collect and deposit the proceeds: 2022/07/13 22.Name of the institution designated to collect the proceeds: NTD: Taipei Fubon Commercial Bank Anhe Branch USD: Taipei Fubon Commercial Bank International Finance branch 23.Name of the bank designated to deposit the proceeds: NTD: E.SUN Bank Fuxing Branch USD: E.SUN Bank International Financial Services branch 24.Any other matters that need to be specified: (1) The company handled the case of issuing 3,000,000 ordinary shares in cash capital increase, which was declared effective by the Financial Supervisory Commission on April 18, 2022, Jin Guan Zheng Fa Zi No. 1110338067. (2) The timetable for this fundraising is due to the 2022 Annual Shareholders' Meeting to stop the transfer of ownership, considering that the company still has the first unsecured convertible corporate bonds in the Republic of China issued in 2017 (the issuance period is five years, and the previous business was issued in 2017). Due on June 9, 2022 and the second unsecured conversion of corporate bonds in the Republic of China issued in 2020 (the issuance period is five , years it will expire on September 25, 2025), and the announcement of the period of suspension of conversion according to regulations Therefore, the Financial Supervisory Commission the company's cash capital increase by 3 months. Letter No. 1110345966 was verified and recorded. (3) In response to the rapid changes in the financing environment of the capital market, in order to grasp the issuance conditions and the timeliness of the actual issuance operation, the important content of the cash capital increase and issuance of new shares and issuance-related matters have been corrected by the competent authority of the Republic of China and stipulated by relevant laws and regulations. Amendments, changes due to objective circumstances, or other inappropriateness, including applying to the competent authority for extension or revocation, are intended to authorize the chairman of the board to deal with them according to the actual situation.