讀後心得

Hwa Sheng (3202) has suspended trading since April 7. If it does not resume within 6 months, it will face delisting risk. The technology company has been penalized by the OTC Center for failing to announce financial reports as required, and the shares of 94,263 shareholders may become worthless. Hwa Sheng will expedite the financial report audit to address the current situation. Investors should carefully assess the risks.

Hwa Cheng (3202) has suspended trading since April 7. This company, established for 41 years, has a capital amount of 2.5 billion NT dollars and is a well-known tech company in Taiwan. According to regulations, if trading suspension exceeds 6 months, it will face delisting risks, and nearly 40,000 shares will become invalid, reminding investors to carry out risk management well in advance.

The GreTai Securities Market announced on April 1 that Hwa Cheng has not submitted the financial report for the 113th year on time, thus suspending trading of the securities from April 7. If trading is not resumed within 6 months, these securities may face the risk of delisting.

Hwa Cheng Electronics was founded in 1984, initially producing wires for computers and went public in Taiwan in 2005. In 2009, the company achieved a remarkable worldwide market share of one-quarter. In recent years, in response to global market changes, the Hwa Cheng Group was established in 2017 to integrate resources from various industries. Facing this trading suspension, Hwa Cheng is actively seeking a successor accountant to complete the annual financial report audit as soon as possible.

Since last November, Hwa Cheng's stock price has dropped over 70%, and on the 2nd, the stock price was only NT$3.96, with over 4,448 shares still unsold. If the financial report is not submitted within 6 months, it will affect the rights of 37,628 shareholders.

Investment requires caution; investors are responsible for the results. Please read the relevant prospectus carefully to assess risks.