Date of announcement 2016/07/07
Time of announcement 17:48:15

Date of events 2016/07/07
To which item it meets paragraph 49
Statement
1.Date of occurrence of the event:2016/07/07
2.Company name:China Development Financial Holding Corporation
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
(1)The NTD 3 billion capital reduction application of KGI Securities Co. Ltd, subsidiary of CDF, was approved by Financial Supervisory Commission, R.O.C. on 2016/6/7.
(2)According to the Article 5, paragraph 2 of the Regulations Governing the Capital Reduction at the Subsidiaries of a Financial Holding Company, the company is required to post the information regarding the status of use of funds on Market Observation Post System within ten days after each quarter end.
1.The use of funds from capital reduction is to be in line with the CDF's development strategy and capital allocation plan, and to increase the working capital.
2.Status of use of funds:
Estimated amount to be used: NTD 3 billion
Actual amount used: 0
3.Execution plan progress:
Estimated progress: 100%
Actual progress: 0%
6.Countermeasures:N/A
7.Any other matters that need to be specified:N/A