Date of announcement 2016/08/02
Time of announcement 17:04:21

Date of events 2016/08/02
To which item it meets paragraph 49
Statement
1.Date of occurrence of the event:2016/08/02
2.Company name: China Development Financial Holding
Corporation
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios: N/A
5.Cause of occurrence:
(1)The NTD 3 billion capital reduction application of KGI
Securities Co. Ltd., subsidiary of CDF, was approved by
Financial Supervisory Commission, R.O.C. on June 7, 2016.
(2)According to the Article 5, paragraph 2 of the
Regulations Governing the Capital Reduction at the
Subsidiaries of a Financial Holding Company, the company
is required to post the information regarding the status
of use of funds on Market Observation Post System within
ten days after the execution plan of use of funds is
completed.
1.The use of funds from capital reduction is to be in
line with the CDF's development strategy and capital
allocation plan, and to increase the working capital.
2.Status of use of funds:
Estimated amount to be used: NTD 3 billion
Actual amount used: NTD 3 billion
3.Execution plan progress:
Estimated progress: 100%
Actual progress: 100%
4.The funds were used to increase the working capital
and repay loans accordingly. This plan has been
completed on July 29, 2016 and the financial structure
was improved effectively.
6.Countermeasures:N/A
7.Any other matters that need to be specified:N/A