Chuang Shih Neng Co., Ltd. announced that it has received TWD 130 million in funding from Tatung Co., Ltd.
July 28, 2021
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Chuang Shih Neng Co., Ltd. announced a private placement of 13,000,000 shares at a price of TWD 10 per share for gross proceeds of TWD 130,000,000 on July 29, 2021. The transaction included participation from returning investor Tatung Co., Ltd. to retain its 100% stake in the company.
Tatung Co is a Taiwan-based company mainly engaged in the manufacture and sale of electronic and electrical products. The Company operates through four segments. The Optical segment is engaged in the development, manufacture and sale of thin-film transistor (TFT) large-size panels, small and medium-sized panels such as smartphones, tablet computers, car panels and touch panels. The Mechanical and Electrical Energy segment is engaged in the development, manufacture and sale of smart grids, smart meters, solar photovoltaics, light-emitting diode lighting, motors, electromechanical and energy management systems. The Consumer Products segment is engaged in the development, manufacture and sale of digital TVs, flat panel displays, digital media equipment, digital audio-visual, and home appliance products. The Other segment is engaged in other businesses.
TATUNG CO., LTD. 
