{"id":17764,"date":"2023-08-24T17:00:00","date_gmt":"2023-08-24T09:00:00","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=insight&#038;p=17764"},"modified":"2026-02-25T14:58:45","modified_gmt":"2026-02-25T06:58:45","slug":"affiliated-companies-disclosures","status":"publish","type":"insight","link":"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/affiliated-companies-disclosures\/","title":{"rendered":"A Brief Overview of Affiliated Companies Disclosures in Annual Shareholder Meetings"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"658\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/image-23.jpeg\" alt=\"A Brief Overview of Affiliated Company Disclosures in Annual Shareholder Meetings\" class=\"wp-image-17811\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/image-23.jpeg 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/image-23-300x193.jpeg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/image-23-150x96.jpeg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/image-23-768x494.jpeg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a11316bdb15a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a11316bdb15a\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/affiliated-companies-disclosures\/#Preface\" >Preface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/affiliated-companies-disclosures\/#Why_Regulate_Affiliated_Companies\" >Why Regulate Affiliated Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/affiliated-companies-disclosures\/#What_Are_Affiliated_Companies\" >What Are Affiliated Companies?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/affiliated-companies-disclosures\/#Affiliated_Companies_Arising_from_Ownership_Relationships\" >Affiliated Companies Arising from Ownership Relationships<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/affiliated-companies-disclosures\/#Affiliated_Companies_Arising_from_Control_Relationships\" >Affiliated Companies Arising from Control Relationships<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/affiliated-companies-disclosures\/#Disclosure_Requirements_for_Affiliated_Companies\" >Disclosure Requirements for Affiliated Companies<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Preface\"><\/span>Preface<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>During August, companies in Taiwan that follow the calendar year accounting cycle have already held their annual shareholder meetings, as mandated by Article 170\u20132 of the Company Act. When examining the annual reports of these companies, you\u2019ll find a dedicated section titled \u201cSpecial Disclosures\u200a\u2014\u200aAffiliated Company,\u201d which contains pertinent information about the company\u2019s affiliated company transactions. Why does this section exist, and what does it entail? This article will provide a brief overview of its contents to assist readers in better understanding and absorbing affiliated company information, dispelling any confusion you may have regarding this topic.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Regulate_Affiliated_Companies\"><\/span>Why Regulate Affiliated Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Originally, company law treated each enterprise as independent, with regulations applying solely to individual companies. However, as companies expanded to improve efficiency, diversify, and reduce risks, they began establishing related-party entities. These entities, legally separate from the parent company, don\u2019t easily transfer losses back to the parent when incurred.<\/p>\n\n\n\n<p>Real decision-making often lies with hidden controllers. While these companies appear independent, they often execute the corporate group\u2019s overall business plan. They engage in mutual benefit transactions and, in some cases, manipulate stock prices for profit.<\/p>\n\n\n\n<p>Controllers with significant operational authority can exploit company law\u2019s design, using Taiwan\u2019s unique shareholder system to create layered companies. This grants them control while evading legal responsibilities, potentially harming other stakeholders.<\/p>\n\n\n\n<p>When two or more companies have controlling and subsidiary relationships, they may no longer be considered independent entities but rather a single entity. In June 1997, amendments to the Company Act aimed to regulate related-party operations, introducing a new \u201cChapter on Affiliated Companies\u201d with twelve articles.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Are_Affiliated_Companies\"><\/span>What Are Affiliated Companies?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Related-party companies do not have a unified definition; however, the disclosure in annual shareholder reports is based on the \u201c<a href=\"https:\/\/law.moj.gov.tw\/ENG\/LawClass\/LawAll.aspx?pcode=G0400022\" rel=\"noreferrer noopener\" target=\"_blank\">Regulations Governing Information to be Published in Annual Reports of Public Companies<\/a>.\u201d According to Article 19\u20136 of these guidelines, it is explained as follows: \u201cRelated-party entities mentioned in the previous paragraph refer to those in accordance with Article 369\u20131 of the Company Act.\u201d Therefore, this article discusses related-party entities based on the definition provided in Article 369 of the Company Act.<\/p>\n\n\n\n<p>Upon examining the legal provisions, related-party companies can be broadly categorized into two types: the first type arises from ownership relationships, and the second type arises from control relationships.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Affiliated_Companies_Arising_from_Ownership_Relationships\"><\/span>Affiliated Companies Arising from Ownership Relationships<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Affiliated companies stemming from ownership relationships can mainly be classified into two categories: direct shareholding and mutual investments.<\/mark><\/strong><\/p>\n<\/blockquote>\n\n\n\n<p>Direct shareholding is the most straightforward related-party companies type. According to Article 369\u20132\u20131 of the Company Act, a company becomes a controlling entity when it holds voting rights exceeding 50% of another company\u2019s issued shares or capital, making the latter a subsidiary. Thus, holding over half of the shares is the primary criterion. Calculating shareholding percentage involves including all shares held by subsidiaries, third parties on behalf of the company, and third parties on behalf of its subsidiaries, encompassing both direct and indirect shareholdings. However, the term \u201cthird parties on behalf of the company\u201d lacks a precise definition, allowing interpretation.<\/p>\n\n\n\n<p>Mutual investments stem from direct shareholding but may raise concerns due to capital inflation. Article 167 of the Company Act restricts share repurchases by a company, with exceptions. The Ministry of Economic Affairs interprets that subsidiaries buying back shares from their parent companies is not illegal. Consequently, companies can establish subsidiaries for stock transactions as a financial management tool.<\/p>\n\n\n\n<p>To prevent mutual share buybacks and capital depletion, Article 369\u20139\u20131 defines mutual investment companies as those holding over one-third of each other\u2019s voting shares or capital. Such companies are considered related-party companies under Article 369\u20131\u20132.<\/p>\n\n\n<div style=\"border: 1px black; border-style: solid none; text-align: center; border-color: #296580; padding: 24px; margin-top: 24px; margin-bottom: 24px;\">\n<p style=\"margin: 0px; font-size: 24px; font-weight: bold; line-height: 1.5;\">Want to Learn More?<br \/>Check Out Our Comprehensive data on Corporate Governance!<\/p>\n<div style=\"margin-top: 32px;\"><a style=\"border: none; border-radius: 4px; background-color: #296580; color: white; font-size: 20px; width: fit-content; text-decoration: none; padding: 12px 30px 12px 30px;\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/solution\/credit-risk-solution\/\">Credit Risk Solution<\/a><\/div>\n<\/div>\n\n\n<div style=\"height:14px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Affiliated_Companies_Arising_from_Control_Relationships\"><\/span>Affiliated Companies Arising from Control Relationships<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Related-party companies arising from control relationships primarily hinge on the concept of substantial control. However, \u201csubstantial control\u201d remains a concept without a precise definition. Article 369\u20132\u20132 of the Company Act sheds some light by stating that \u201ca company directly or indirectly controlling another company\u2019s personnel, finances, or business operations is considered a controlling company, and the other company becomes a subsidiary.\u201d While it specifies that substantial control encompasses personnel, finances, and business operations, it doesn\u2019t provide further definitions for \u201cdirect\u201d or \u201cindirect control\u201d or the extent of control.<\/p>\n\n\n\n<p>Moreover, in Chinese culture, businesses are often jointly operated by families with familial or related ties, where related individuals serve as shareholders or operators. In these cases, mutual assistance among this closely-knit group may outweigh the aspects of control and subsidiary relationships. Companies formed under such circumstances can be conceptually accepted as related-party companies.<\/p>\n\n\n\n<p>So, Article 369\u20133 of the Company Act stipulates that under the following circumstances, there is a presumption of control and subsidiary relationships:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>When a company and another company have more than half of their executive business shareholders or directors in common.<\/strong><\/li>\n\n\n\n<li><strong>When a company and another company have more than half of the total issued voting shares or capital held or contributed by the same shareholders.<\/strong><\/li>\n<\/ol>\n\n\n\n<p>It\u2019s essential to note that the term used in the law is \u201cpresumption,\u201d and it doesn\u2019t directly establish that compliance with these regulations automatically designates entities as related-party entities. In other words, if the parties involved can provide evidence that companies meeting the aforementioned conditions of shared ownership or director positions do not have a control and subsidiary relationship, they may be exempt from applying the other regulations governing control and subsidiary companies in this chapter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disclosure_Requirements_for_Affiliated_Companies\"><\/span>Disclosure Requirements for Affiliated Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>From the information provided earlier, it is clear that all related-party companies should be considered as a single entity. Therefore, the disclosure guidelines in the \u201cGuidelines for the Preparation of Annual Reports by Public Issuers,\u201d as defined in Article 369 of the Company Act under Article 21, require the special disclosure of related-party companies-related matters. The primary disclosure includes the following 10 items:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Basic information about each related-party company.<\/strong><\/li>\n\n\n\n<li><strong>Information about the shareholders considered to have control and subsidiary relationships.<\/strong><\/li>\n\n\n\n<li><strong>Information about the directors, supervisors, and general managers of each related-party company.<\/strong><\/li>\n\n\n\n<li><strong>An overview of the business operations of each related-party company.<\/strong><\/li>\n\n\n\n<li><strong>An overview of the relationships between subsidiary and controlling companies.<\/strong><\/li>\n\n\n\n<li><strong>Details of purchase and sale transactions.<\/strong><\/li>\n\n\n\n<li><strong>Information about property transactions.<\/strong><\/li>\n\n\n\n<li><strong>Details of financial arrangements.<\/strong><\/li>\n\n\n\n<li><strong>Information about asset leasing.<\/strong><\/li>\n\n\n\n<li><strong>Details of endorsements and guarantees.<\/strong><\/li>\n<\/ol>\n\n\n\n<p>TEJ primarily includes data on item 1, \u201cBasic information about each related-party company,\u201d and item 4, \u201cOverview of the business operations of related-party entities.\u201d Additionally, it provides information about the relationships between related-party entities, (often depicted in organizational charts.) TEJ also derives subsidiary company-level data for the TEJ Group based on the collected information.<\/p>\n\n\n\n<figure class=\"wp-block-image alignfull size-large caption-align-center\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\/\u95dc\u4fc2\u4f01\u696d\u82f1\u6587-1024x576.png\" alt=\"\" class=\"wp-image-17848\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u95dc\u4fc2\u4f01\u696d\u82f1\u6587-1024x576.png 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u95dc\u4fc2\u4f01\u696d\u82f1\u6587-300x169.png 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u95dc\u4fc2\u4f01\u696d\u82f1\u6587-150x84.png 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u95dc\u4fc2\u4f01\u696d\u82f1\u6587-768x432.png 768w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u95dc\u4fc2\u4f01\u696d\u82f1\u6587.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Disclosure Status of Affiliated Companies in Taiwanese Public Offering Companies. Source: TEJ&nbsp;Database<\/figcaption><\/figure>\n\n\n\n<p>According to the table above, the number of companies disclosing related-party entities has been increasing annually from 2005 to 2021, with a growth rate of approximately 30%. Similarly, the number of related-party entities established each year has been increasing, with a remarkable growth rate of 70%. This indicates that more and more Taiwanese companies are establishing related-party entities, and the number of such entities is steadily rising. Therefore, to gain a comprehensive understanding of a Taiwanese company, it is essential to include its related-party entities in the observation process to access complete information.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill\" style=\"font-size:23px\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/solution\/credit-risk-solution\/\" style=\"border-radius:19px;background:linear-gradient(135deg,rgb(228,204,110) 0%,rgb(105,207,173) 50%,rgb(51,114,181) 100%)\"><strong>Want to Learn More? <br>Check Out Our Comprehensive data on Corporate Governance!<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Read More<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-tej wp-block-embed-tej\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"4lwqzQZl2Z\"><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/taiwan-stewardship-code\/\">Stewardship Code Resolutions\u200a\u2014\u200a Taiwan Corporate Shareholder Meetings<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Stewardship Code Resolutions\u200a\u2014\u200a Taiwan Corporate Shareholder Meetings&#8221; &#8212; TEJ\" src=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/taiwan-stewardship-code\/embed\/#?secret=6hQZdg6NBm#?secret=4lwqzQZl2Z\" data-secret=\"4lwqzQZl2Z\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Want to know&nbsp;more?<\/strong><\/p>\n\n\n\n<p>TEJ, with nearly 20 years of experience in corporate governance recognition, provides a consistent and verifiable basis for identifying the ultimate controllers of groups. By incorporating the TCRI (Taiwan Corporate Credit Rating Index), which has nearly 30 years of company credit rating data, TEJ introduces a quantified model to unveil the credit risk levels of these groups.<\/p>\n\n\n\n<p>Through related-party company information, not only can we understand conflicts of interest in corporate decision-making and governance structures, but it also forms a crucial foundation for group affiliation. It can enable timely awareness of potential credit risks within the group. <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"><strong>For more information, please refer to <\/strong><\/mark><strong><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/solution\/credit-risk-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\"><mark style=\"background-color:#f8d67a\" class=\"has-inline-color has-vivid-cyan-blue-color\">T<\/mark><\/a><\/strong><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/solution\/credit-risk-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\"><strong><mark style=\"background-color:#f8d67a\" class=\"has-inline-color has-vivid-cyan-blue-color\">EJ Credit Risk Solution<\/mark><\/strong><\/a><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">!<\/mark><\/p>\n\n\n\n<p>If readers have questions about this article or would like to obtain further information about TEJ\u2019s database, please feel free to leave a comment and send us an email for inquiries.<\/p>\n\n\n\n<p><strong>About us<\/strong><\/p>\n\n\n\n<p>\u2b50\ufe0f <a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">TEJ Website<\/a><br>\u2b50\ufe0f <a href=\"https:\/\/www.linkedin.com\/company\/taiwan-economic-journal-co-ltd-\/\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2709\ufe0f E-mail\uff1a <a href=\"mailto:%20tej@tej.com.tw\" target=\"_blank\" rel=\"noreferrer noopener\">tej@tej.com.tw<\/a><br>\u260e\ufe0f Phone\uff1a +886\u20132\u201387681088<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Have you noticed &#8220;Special Disclosures\u200a-\u200aAffiliated Companies&#8221; in company annual reports? Why do companies include this information, and what&#8217;s its significance for them?<\/p>\n","protected":false},"featured_media":17765,"template":"","tags":[2913,3384],"insight-category":[689],"class_list":["post-17764","insight","type-insight","status-publish","has-post-thumbnail","hentry","tag-corporate-governance","tag-shareholders-meeting","insight-category-market-research"],"acf":[],"_links":{"self":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/17764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":9,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/17764\/revisions"}],"predecessor-version":[{"id":43958,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/17764\/revisions\/43958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/media\/17765"}],"wp:attachment":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/media?parent=17764"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/tags?post=17764"},{"taxonomy":"insight-category","embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight-category?post=17764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}