Highlights

Chunghwa Picture Tubes (CPT) announced today, through its subsidiary Visionox, the sale of 3,442 shares in Advanced Optoelectronic Technology (AOT) from August 26 to 29. The total transaction amounted to 428 million TWD, with an average price of 124.52 TWD per share, resulting in a profit of 225 million TWD. This sale significantly boosts CPT Group's financial standing. Together with earlier transactions in August, CPT has sold over 11,600 AOT shares, realizing profits exceeding 470 million TWD.

Sentiment Analysis

• The sentiment surrounding CPT's sale is generally positive, emphasizing strategic financial maneuvers.
• Investors view this as a tactical move to optimize asset performance and maximize returns.
• There is recognition of the strong leadership behind these decisions, enhancing shareholder confidence.

Article Text

Chunghwa Picture Tubes (CPT), a leading panel manufacturer, disclosed a recent financial maneuver through Visionox, a wholly owned subsidiary. From August 26 to August 29, Visionox sold a total of 3,442 shares in Advanced Optoelectronic Technology (AOT), a strategic decision aligning with CPT's broader financial management goals. The shares were sold at an average price of 124.52 TWD, amassing a total transaction value of 428 million TWD, and resulting in a handsome profit of 225 million TWD.

Earlier in the month, from August 19 to 22, CPT had already offloaded 8,216 shares of AOT, securing profits of 245 million TWD. With the current transaction, CPT Group's total divestiture of AOT shares amounts to over 11,600, resulting in cumulative profits exceeding 470 million TWD. This strategic selling increases liquidity and potentially prepares the company for future ventures.

Visionox's remaining shareholding in AOT now stands at 1,608 shares, equating to a stake of 0.41%. Earlier declarations on August 22 indicated a holding of 2,360 shares, representing a 0.6% stake. This divestment reflects a calculated reduction in AOT exposure, consistent with CPT's investment policy to refocus resources and capitalize on market opportunities.

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