I.    Punishment date: June 3, 2026
II.    Party subject to the punishment: Mr./Ms. XX Guo, the person responsible for the behavior of Shinfox Energy Co., Ltd.
III.    Legal basis for the punishment: Subparagraph 2, Paragraph 3, Article 36, Subparagraph 4, Paragraph 1, Article 178, and Article 179 of the Securities and Exchange Act, and Subparagraph 9, Article 7 of the Securities and Exchange Act Enforcement Rules.
IV.    Facts and reasons for the violation: Foxwell Energy Corporation Ltd., a subsidiary of Shinfox Energy Co., Ltd. (“Shinfox”), submitted a mediation application to the Public Construction Commission regarding a contract performance dispute over contracting the phase 2 construction for the offshore wind power generation of Taiwan Power Company on May 29, 2025. The mediation amount reached NT$20,699,582 thousand, which was determined to have a material impact on the shareholders’ rights, interests, or securities prices of Shinfox. However, Shinfox only made the announcement and filing for the abovementioned mediation case on June 17, 2025, which violated Subparagraph 2, Paragraph 3, Article 36 of the Securities and Exchange Act and Subparagraph 9, Article 7 of the enforcement rules of the same Act, which state that it shall make the announcement and filing within two days from the date of occurrence.
V.    Punishment results: According to Subparagraph 4, Paragraph 1, Article 178 and Article 179 of the Securities and Exchange Act, a fine of NT$240,000 is imposed on the responsible person for the behavior of Shinfox.
Contact Unit: Division Chief Yang, Securities Issuance Division, Securities and Futures Bureau
Tel.: 2774-7232
For inquiries, please send an email.