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About roo hsing

COMPANY HISTORY

  • Company History
  • Organization
  • Management Team
  • BUSINESS PHILOSOPHY
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  1. HOME
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  3. Company History

Company History

  Organization
2025

2025 year

-In March, the Company carried out a capital reduction, resulting in paid-in capital of NT$2,201,157 thousand.
-In April, the Company completed the second private placement of 2024, issuing 43,680,000 common shares and raising NT$132,780 thousand.
-In September, the Company received notification from the Taiwan Stock Exchange regarding the resumption of regular stock trading.

2024

2024 year

-In September, as part of long-term strategic planning, the Company increased its indirect shareholding in Nanjing USA, Inc. from 81.65% to 100%.
-In December, the Company completed the first private placement of 2024, issuing 75,500,000 common shares and raising NT$194,035 thousand.

2023

2023 year

-In June, the Company received notification from the Taiwan Stock Exchange regarding the resumption of stock trading.
-In August, the Company completed the first private placement of 2023, issuing NT$150,000 thousand in convertible bonds and 26,700,000 common shares, raising a total of NT$241,848 thousand.
-The Company’s subsidiary, J.D. United Manufacturing Co., Ltd., established a new subsidiary in Cambodia, Fonternig Garment Co., Ltd.
-In October, the Company completed the second private placement of 2023, issuing 36,500,000 common shares and raising NT$113,515 thousand.

2022

2022 year

-In August, the Company was notified by the Taiwan Stock Exchange to suspend stock trading.
-Disposed of idle land and plants of ROO HSING GARMENT CO., El SALVADOR, S.A. DE C.V. in order to effectively integrate resources of the group.
-Disposed of idle land of ROO HSING GARMENT CO., LTD. in order to effectively integrate resources of the group.
-Undertook organization adjustment of the group by selling equity interests of OPERADORA INTERNACIONAL DE ZONAS FRANCAS MANAGUA S.A.

2021

2021 year

-Increased its equity interest over 51% of 3Y UNIVERSAL COMPANY LIMITED.
-Increased the indirect equity interest to 81.65% of NANJING USA, INC.

2020

2020 year

-Established a 70% owned joint venture, ROOTECH PTE. LIMITED, with NEWTECH CAYMAN via 100% owned TOOKU HOLDINGS LIMITED.

2019

2019 year

-In accordance to RH Group’s investment plan, RH established the following wholly-owned subsidiaries: MF HOLDING CO., LTD. and FAITH IN BLUE (USA) CORPORATION, and indirectly obtained controlling interest in ADNY GROUP, INC. and NANJING USA, INC.

2017

2017 year

-4th tranche of domestic secured corporate bonds conversion of NT$ 78 million and new issuance of common shares of NT$ 7 billion for cash. Resulting in total paid-in capital of NT$ 8,602 million.
-Acquired 100% equity stakes in both JD UNITED (BVI) LIMITED and TOOKU HOLDINGS LIMITED.

2004

2004 year

-Stock have been listed on the Taiwan Stock Exchange (TWSE) since September 6, 2004.

2000

2000 year

-Established subsidiaries ROO HSING CO. NICARAGUA, S.A. and ROO HSING GARMENT CO., EL SALVADOR, S.A. DE C.V. in Nicaragua and El Salvador respectively, to boost production, lower cost and improve profit margin.

1999

1999 year

-Stock trading over the counter at the Taipei Exchange (TPEX) since December 16, 1999.

1997

1997 year

-Initial public offering on June 7, 1997 [Taiwan FSC Approval Letter Taiwan FSC Approval Letter No. (86)TFC (1)45553].
-Established ROO HSING GARMENT CO., LTD. (CAMBODIA) [per approval by the Investment Review Committee of the Ministry of Economic Affairs] and began operation in November 1997.

1977

1977 year

-ROO HSING CO., LTD. was incorporated on November 23, specialized in jeans manufacturing.

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