Announcements
08.Mar.2025
To announce the content of press release for holding a press conference of material information held by the Company
1.Date and time that the Company disclose its financial
or business information to the public:at 20:30 on March 7,2025
2.Location that the Company disclose its financial or
business information to the public:Taipei Exchange(TPEx)
3.Financial/Business data to be disclosed:
Please refer to the press release for details.
4.Content of press release, if provided:
Solar Applied Materials Technology Corp. (henceforth “SAM”, 1785.TW)
has announced today that its Board of Directors has approved the plan to spin
off its semiconductor division from the Thin Film and Electronic Materials
Business Group. This division will be transferred to a wholly-owned
subsidiary, XALLOY Advanced Materials Corp. (henceforth “XALLOY”).
effective date for the spin-off is tentatively set on October 1st, 2025.
This strategic move aims to enhance operational efficiency, dedicate
focused efforts towards semiconductor business growth, while attracting
talents and strategic resources.
SAM has a distinguished history in precious metal recycle and refining and
materials applications, offering products and services such as precious
chemicals, sputtering targets, and precious metal recycling and refining
for industries of data storage, optoelectronics and semiconductors etc.
Semiconductor market is growing fast, with increased demand for
technological innovation and swift responses across the supply chain,
SAM has resolved to spin off its semiconductor business into the newly
formed XALLOY. This will enable XALLOY to be more agile in meeting market
demands and attracting talents and strategic resources to drive business
growth and technological advancements.
As part of the spin-off plan, SAM will transfer its Thin Film and
Electronic Materials Business Group's semiconductor assets, liabilities,
and operations to the new subsidiary, XALLOY, a wholly-owned subsidiary
of SAM. SAM assures that the spin-off will not significantly impact its
existing financial and business operations and has been structured to
comply with the Business Mergers and Acquisitions Act, the Company Act,
and related regulations.
XALLOY will focus on the development and manufacturing of metals and
alloys materials including advanced thin-film materials, metals and
alloys sputtering targets, and valued materials for semiconductor
industries. Through robust research, development, and market expansion,
XALLOY is positioned to strengthen domestic material supply capabilities
and integrate into the global semiconductor supply chain.
SAM's Board believes this spin-off represents a pivotal step in the
company’s long-term strategic development, enhancing corporate
competitiveness and generating greater value for its shareholders.
Moving forward, SAM will continue to focus on its core business
developments while supporting XALLOY's business growth and expansion
within the semiconductor industry.
5.Any other matters that need to be specified:None.
or business information to the public:at 20:30 on March 7,2025
2.Location that the Company disclose its financial or
business information to the public:Taipei Exchange(TPEx)
3.Financial/Business data to be disclosed:
Please refer to the press release for details.
4.Content of press release, if provided:
Solar Applied Materials Technology Corp. (henceforth “SAM”, 1785.TW)
has announced today that its Board of Directors has approved the plan to spin
off its semiconductor division from the Thin Film and Electronic Materials
Business Group. This division will be transferred to a wholly-owned
subsidiary, XALLOY Advanced Materials Corp. (henceforth “XALLOY”).
effective date for the spin-off is tentatively set on October 1st, 2025.
This strategic move aims to enhance operational efficiency, dedicate
focused efforts towards semiconductor business growth, while attracting
talents and strategic resources.
SAM has a distinguished history in precious metal recycle and refining and
materials applications, offering products and services such as precious
chemicals, sputtering targets, and precious metal recycling and refining
for industries of data storage, optoelectronics and semiconductors etc.
Semiconductor market is growing fast, with increased demand for
technological innovation and swift responses across the supply chain,
SAM has resolved to spin off its semiconductor business into the newly
formed XALLOY. This will enable XALLOY to be more agile in meeting market
demands and attracting talents and strategic resources to drive business
growth and technological advancements.
As part of the spin-off plan, SAM will transfer its Thin Film and
Electronic Materials Business Group's semiconductor assets, liabilities,
and operations to the new subsidiary, XALLOY, a wholly-owned subsidiary
of SAM. SAM assures that the spin-off will not significantly impact its
existing financial and business operations and has been structured to
comply with the Business Mergers and Acquisitions Act, the Company Act,
and related regulations.
XALLOY will focus on the development and manufacturing of metals and
alloys materials including advanced thin-film materials, metals and
alloys sputtering targets, and valued materials for semiconductor
industries. Through robust research, development, and market expansion,
XALLOY is positioned to strengthen domestic material supply capabilities
and integrate into the global semiconductor supply chain.
SAM's Board believes this spin-off represents a pivotal step in the
company’s long-term strategic development, enhancing corporate
competitiveness and generating greater value for its shareholders.
Moving forward, SAM will continue to focus on its core business
developments while supporting XALLOY's business growth and expansion
within the semiconductor industry.
5.Any other matters that need to be specified:None.
