Triocean Industrial Corporation Co., Ltd. announced a private placement to issue 10,000,000 shares at a issue price of TWD 10 per share for the gross proceeds of TWD 100,000,000 on May 10, 2024. The transaction included participation from employees for 1,000,000 shares. The transaction has been approved by shareholders and Payment period of existing shareholders and employees from July 11 2024 to July 23, 2024 and Payment period of specific persons is from July 24, 2024 to July 25, 2027.