China Steel Corporation (TWSE:2002) agreed to acquire 33.33% stake in Winning Investment Corporation from Maruichi Steel Tube Ltd. (TSE:5463) for TND 270 million on April 10, 2023. 48,300,000 shares, delivered over 3 years with 16,100,000 shares annually. The investment amount per year is 7% of the net worth of WIC in the previous year before the transaction year calculated according to the evaluation method agreed by both parties.

The investment amount for 2023 is around NTD 270 million, which is NTD 16.88 per share. Total amount estimated under the circumstances is around NTD 800 million. Po Han, Wang of ShineWay & Co., CPAs acted as accountant to China Steel Corporation.