Huang Ding-KY Strengthens Green Energy Strategy with Private Placement

Huang Ding-KY (5543) held its 2025 shareholders' meeting on the 11th, where it approved the 2024 business report and financial statements. The meeting also resolved to raise funds through a private placement for issuing common stock or unsecured convertible bonds in Taiwan, with a total limit of no more than 30,000 shares. The board of directors is authorized to choose the appropriate timing within one year from the date of the shareholders' resolution to implement this in up to five tranches. This move aims to strengthen its financial structure and attract strategic investors to enhance the group's long-term competitiveness in the green energy sector.
For 2024, Huang Ding reported consolidated revenue of NT$3.403 billion, a 4.23% increase year-on-year, benefiting from growth in battery module shipments and a significant rise in the export of metal building materials. However, intensified competition in China's domestic market affected overall production capacity utilization, alongside a provision for expected credit loss of NT$95.42 million, leading to a post-tax net loss of NT$231 million for 2024, translating to a loss per share of NT$5.67.
During the meeting, Chairman Zhuang Hongwei emphasized the group's unwavering commitment to 'cost reduction and efficiency improvement' and 'expanding the green energy business footprint.' The group is actively enhancing the operational efficiency of its metal business in China and tightening customer payment terms, with previous provisions for expected credit losses gradually being reversed. Additionally, in the green energy sector, they have deepened business collaborations with agents in Japan and Europe, aiming to expand order performance in Taiwan, Japan, and Europe to boost the momentum of their green energy business.