AUO Corporation (TWSE: 2409) today (4/13) announced that its Board of Directors has approved a restructuring of the organizational and investment framework for its energy business. By integrating both internal and external energy-related resources and advancing the corporatization of the energy business, operations will be undertaken through a more professionally focused platform, with the aim of further enhancing operational efficiency and market competitiveness.

Key resolutions approved by the Board include:

• AUO plans to spin off its energy business into Star Shining Enetek Corporation, a wholly owned subsidiary of AUO. The proposed record date for the spin-off is August 1, 2026.
• Upon completion of the spin-off, AUO plans to dispose of its equity interests in Star Shining Enetek Corporation and its related investee companies to Star Shining Energy Holdings Corporation (hereinafter referred to as “Star Shining Holdings”).
  The transaction scope includes 100% equity interests in: Star Shining Enetek Corporation, AUO Power Corporation, Zheng Yao Power Corporation, Feng Yao Power Corporation, AEUS (AUO Green Energy America Corp.), Zhao Feng Energy Co., Ltd.
  The expected disposal amount for Star Shining Enetek Corporation is based on an enterprise value of NTD 780 million, while the aggregate disposal amount for the remaining transaction targets will be no less than NTD 80 million.
• AUO subsidiary Star River Energy Corporation plans to dispose of its equity interests in Sungen Power Corporation and Yongjin Power Corporation to Star Shining 2 Energy Corporation, with an expected disposal amount of NTD 1,034 million.

Note: Execution of the above-mentioned first and second resolutions relating to the spin-off and disposal of the energy business is subject to approval by AUO’s shareholders’ meeting.

AUO has been investing in the energy sector for many years, spanning solar power plant investments, energy management, and related services. As the global energy transition moves toward large-scale deployment and system integration, this restructuring enables the energy business to operate independently with greater capital flexibility and operational efficiency.

Following the restructuring, Star Shining Enetek Corporation will assume all existing operations and contractual relationships of AUO’s energy business. Customer services, supply arrangements, and partnership rights will remain unaffected, including ongoing overseas collaborations.

AUO will continue its participation in the energy sector as a green ecosystem partner of Star Shining Holdings, leveraging group resources and cross-domain capabilities to support the long-term development of the energy business and sustainable value creation in line with net-zero and green energy trends.