The board of directors approved the issuance of up to NT$20 billion in unsecured corporate bonds, which may be issued in one lump sum or installments within one year. The bonds will carry a fixed interest rate determined by market pricing and have maturities not exceeding ten years. Proceeds are designated for capital expenditures, debt repayment, working capital enrichment, and medium- to long-term business expansion funding. Chunghwa Telecom operates as a telecommunications provider in Taiwan.