I.     Date of punishment: March 29, 2023
I.     Party subject to punishment: Liu XX from Long Bon International Co., Ltd., the party who commits the violation.
II.     Legal basis for penalty: Article 36-1, Sub-paragraph 11, Paragraph 1, Article 178, and Article 179 of the Securities and Exchange Act; Article 31 and Article 34 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies (hereinafter referred to as the Regulations Governing Acquisition and Disposal).
III.     Facts of violation: Long Bon International Co., Ltd. and its subsidiary invested in Taisun Enterprise Co., Ltd. shares totaling NT$300 million on the following dates: August 11, 2021, April 29, 2022, May 11, 2022, December 1, 2022, July 7, 2022 and November 30, 2022. However, the competent authority has determined that the announcement declaration was not made within two days of the occurrence date, nor was the subsidiary's announcement made. It is asserted that the provisions of Paragraph 1, Article 31 and Paragraph 1, Article 34 of the Regulations Governing Acquisition and Disposal were violated.
IV.     Penalty results: in accordance with Subparagraph 11, Paragraph 1, Article 178 and Article 179 of the Securities and Exchange Act, the party who commits the violation shall be punished with a fine of NT$240,000.  
Contact person:    Section Director Chang, Securities Issuance Section, Securities and Futures Bureau
Telephone:     (02)2774-7147
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