Taisun Plans Bid for Full JKOPay Stake After First-Half Loss

Taisun Enterprise’s dispute with JKO FinTech dates to May 2023, when its former management agreed to invest NT$3.6 billion for a 40.39% stake in the parent of electronic-payment operator JKOPay. After a change in control, Taisun challenged the board approval and sought repayment of NT$3.5958 billion. The Taipei District Court ruled for Taisun in May 2025, allowing provisional enforcement that ultimately targeted JKO FinTech’s wholly owned stake in JKOPay.

Taisun said on Aug. 13, 2026, that it posted a first-half net loss of NT$787 million, citing an edible-oil safety incident and an impairment on advance payments for the JKO investment. The board also approved participation in a court auction for 100% of JKOPay as part of its debt-recovery effort. Taisun had estimated the oil incident would cost NT$150 million to NT$200 million. JKO founder Kevin Hu responded with a four-point statement.