Nan Shan Life Insurance Company, Ltd. agreed to acquire 30.71% stake in Fuh Hwa Securities Investment Trust Co. Ltd. from Mercuries Life Insurance Company Ltd. (TWSE:2867) for NTD 2.8 billion on December 29, 2022. Nan Shan paid the consideration with its own funds.

The board of directors approved the disposal of Fuh Hwa Securities Investment Trust's equity. Shun-Chih, CHUANG of SHUN HSIN CPA FIRM acted as accountant to Mercuries Life Insurance.