Announcement of the Board of Directors' approval to increase the capital expenditure budget
Subject:Announcement of the Board of Directors' approval
to increase the capital expenditure budget for the Company's U.S. subsidiary
1.Date of the resolution of the board of directors or
shareholders meeting:2026/07/29
2.Content of the investment plan:
Expansion of the plant facilities and equipment upgrades of the Company's
U.S. subsidiary, EMD Specialty Materials, LLC, with a revision to the
investment amount.
3.Projected monetary amount of the investment:USD 68,830 thousand
4.Projected date of the investment:From the third quarter of 2026
5.Source of capital funds:
Internal funds, bank financing, or other capital raising methods.
6.Specific purpose:
To meet the needs of the U.S. plant expansion, comply with regulatory
requirements, and support equipment upgrades by increasing the
investment budget.
7.Any other matters that need to be specified:
The original capital expenditure budget was approved by the
Board of Directors on December 20, 2023.