Date of announcement 2023/03/27
Time of announcement 17:12:26
Date of events 2023/03/27
To which item it meets paragraph 11

1.Date of the board of directors resolution:2023/03/27
2.Reason for capital reduction:For the development strategy and capital
allocation planning of China Development Financial Holding Corp., the
Company is planning of reducing capital by returning KGI Securities
Investment Trust Co. Ltd. (“KGI SITE”) common stocks.
China Development Financial Holdings Corp. will directly hold KGI SITE.
The evaluation date of this project is proposed to be the end of the
month prior to the date of approval of the capital reduction by the
Company’s Board, acting as shareholder’s meeting.
The amount of capital reduction would be based on aforementioned recognized
book value. It is the pro-forma calculation based on the Company’s 2022
audited recognized book value on KGI SITE for using equity method.
3.Amount of capital reduction:NTD 586,897,600.
4.Cancelled shares:58,689,760 shares.
5.Capital reduction percentage:3.12%
6.Share capital after capital reduction:NTD 18,200,468,690.
7.Scheduled date of the shareholders meeting:Pursuant to Article 15,
paragraph 1 of the Financial Holding Company Act, the rights and
functions of the shareholders’ meeting is to be exercised by the
board of directors held on April 21, 2023.
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:NA
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:NA
10.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%:NA
11.The record date for capital reduction:It is authorized the Chairman to
decide the record date of capital reduction after obtaining regulatory
approval.
12.Any other matters that need to be specified:NA