On September 27, 2023, Qiorange Technology Co., Ltd. held a board meeting and resolved to convert capital reserves into new shares, issuing 3,759,100 shares. This capital increase will reduce the capital reserve by NT$178,212,183, with no comprehensive reporting planned. Each share will have a nominal value of NT$10. The shares will be allocated as a bonus, with 1,759.6229 new shares distributed for every 1,000 existing shares. These new shares will carry the same rights and obligations as the original common stock. The funds are intended to strengthen working capital and ensure the company's financial health.
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