TSMC: Considered converting common stock to ADR, but currently not planning to.

TSMC held a regular shareholder meeting, during which a shareholder questioned the performance of TSMC's stock on the Taiwan Stock Exchange compared to the ADR return. TSMC's CFO, Huang Renzhao, stated that the company has considered converting common stock into ADR, but is concerned about the impact on the ADR price and Taiwanese stock performance, so they are not currently planning to do so. Huang Renzhao mentioned that if the market stabilizes in the future, they may consider it again. The company will continue to monitor the market situation and consult with investment banks for research.