According to Article 157 of the Securities and Exchange Law and Article 11 of the Securities and Exchange Law Enforcement Rules, in the event that any director, supervisor, managerial officer, or shareholder holding more than ten percent of the company’s shares sells the shares and other securities with the nature of equity shares they have purchased for less than six months or repurchases the securities they have sold in less than six months, the company shall claim for the disgorgement of any profits realized from such transactions.
The Center, by the order of the competent authority, takes disgorgement enforcement actions based on the short-swing trading data provided by Taiwan Stock Exchange and the Taipei Exchange once every half a year.

• Article 22-2 of the Securities and Exchange Law
• Article 62 of the Securities and Exchange Law
• Article 157 of the Securities and Exchange Law
• Article 11 of the Securities and Exchange Law Enforcement Rules