Universal Scientific Industrial (Shanghai) (SHA:601231), a subsidiary of ASE Technology Holding Co (TPE:3711), received board approval to inject up to 440 million yuan into its wholly owned subsidiary, Universal Optoelectronics, according to a Wednesday filing with the Taiwan stock exchange.
The capital injection is part of a 500 million yuan investment approved by the company, of which 60 million yuan was injected into Universal Optoelectronics on Dec. 19, 2025.
The Taiwan-listed company's shares rose 2% in Thursday's trade.
The capital could be injected fully or in tranches, depending on operational needs, the company said.
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