On behalf of the subsidiary, Les Enphants Retail Group Co., Limited, to announce the capital increase for Suzhou Les Enphants Children Articles Co., Ltd.
1.Date of occurrence of the event:2025/06/03
2.Method of the current increase (decrease) in investment:
Increase the capital for the subsidiary Suzhou Les Enphants Children
Articles Co., Ltd. by USD 36,000,000
3.Date of the board of directors resolution:NA
4.Other approval date:2025/06/03, Parent company agrees to capital increase
plan
5.Amount, unit price, and total monetary amount of the transaction:
The capital increase amount is USD 36,000,000.
6.Company name of the mainland Chinese investee:Suzhou Les Enphants Children
Articles Co., Ltd.
7.Paid-in capital of aforementioned mainland Chinese investee:CNY264,273,450
8.Amount of capital increase currently planned for the aforementioned
mainland Chinese investee:USD 36,000,000
9.Main businesses of the aforementioned mainland Chinese investee:Sales of
baby and children’s clothing and products, as well as warehousing, general
cargo transportation, and freight forwarding.
10.Type of CPA opinion in the latest annual financial statements of the
aforementioned mainland Chinese investee:unqualified opinion
11.Total equity of the aforementioned mainland Chinese investee in the latest
annual financial statements:CNY (105,696,193.94)
12.Amount of profit/loss of the aforementioned mainland Chinese investee in
the latest annual financial statements:CNY (76,585,844.85)
13.Amount of actual investment in the aforementioned mainland Chinese
investee, up to the present moment:USD 13,000,000
14.Trading counterparty and its relationship with the Company:
Trading counterparty:Suzhou Les Enphants Children Articles Co., Ltd.
relationship with the Company:Indirectly 100% owned subsidiary
15.Where the trading counterparty is a related party, announcement shall
also be made of the reason for choosing the related party as trading
counterparty and the identity of the previous owner, its relationship with
the Company and the trading counterparty, and the previous date and monetary
amount of transfer:N/A
16.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:N/A
17.Profit (or loss) upon disposal:N/A
18.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important terms
and conditions:To be implemented according to the progress after approval
by the competent authority.
19.The manner in which the current transaction was decided, the reference
basis for the decision on price, and the decision-making unit:
Approved by the board of directors of the company
20.Broker:N/A
21.Concrete purpose of the acquisition or disposal:To pay account payables
22.Any dissenting opinions of directors to the present transaction:None
23.Whether the counterparty of the current transaction is a related party:Yes
24.Date of ratification by supervisors or approval by
the Audit Committee:NA
25.Total amount of investment in mainland China (including the current
investment) approved by the Investment Commission, up to the present moment:
NTD 2,760,052 thousand
26.Ratio of the total amount of investment in mainland China (including the
current investment) approved by the Investment Commission, up to the present
moment, to the paid-in capital on the latest financial statements:262%
27.Ratio of the total amount of investment in mainland China (including the
current investment) approved by the Investment Commission, up to the present
moment, to the total assets on the latest financial statements:158%
28.Ratio of the total amount of investment in mainland China (including the
current investment) approved by the Investment Commission, up to the present
moment, to equity attributable to owners of the parent on the latest
financial statements:812%
29.Total amount of actual investment in mainland China, up to the present
moment: NTD1,564,672 thousand
30.Ratio of the total amount of actual investment in mainland China, up to
the present moment, to the paid-in capital on the latest financial
statements:148%
31.Ratio of the total amount of actual investment in mainland China, up to
the present moment, to the total assets on the latest
financial statements:89%
32.Ratio of the total amount of actual investment in mainland China, up to
the present moment, to equity attributable to owners of the parent on the
latest financial statements:460%
33.Amount of recognized profit (loss) on investment in mainland China for
the last three years:
For the year 2024, recognized investment loss of NTD 478,219 thousand.
For the year 2023, recognized investment loss of NTD 756,657 thousand.
For the year 2022, recognized investment loss of NTD 908,147 thousand.
34.Amount of profit remitted back to Taiwan for the last
three years:None
35.Whether the CPA issued an unreasonable opinion regarding the current
transaction:N/A
36.Name of the CPA firm:N/A
37.Name of the CPA:N/A
38.Practice certificate number of the CPA:N/A
39.Date on which material information regarding the same event
has been previously released:NA
40.Any other matters that need to be specified:None