Date of announcement  2018/06/08
Time of announcement  15:04:43
 
Date of events   2018/06/08 
To which item it meets paragraph 51
Statement 
1.Date of occurrence of the event:2018/06/08
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 192,834,970 capital reduction application
of CDIB Capital Group, subsidiary of CDF, was approved
by Financial Supervisory Commission, R.O.C. on 2017/12/26.
(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 and the effectiveness of the capital
reduction is to comply with the Article 31 of the
Financial Holding Company Act, and CDIB Capital Group
proposed to return all of its 20,646,142 shares of
CDF, which were acquired via a stock swap with Cosmos
Bank in 2014. These shares will be cancelled through
capital reduction by CDF.
2.Status of capital reduction:
These shares which were returned by CDIB Capital
Group have been cancelled through capital reduction
by CDF on 2018/06/04.
3.Execution plan progress:
The plan has been completed on 2018/06/04.
6.Countermeasures: None
7.Any other matters that need to be specified: None