Regulations of Preferential and Preemptive Rights for Employees of Subordinate upon the Privatization Enterprises under the Ministry of Finance to Subscribe the Government-Owned Shares Article 4

Employee subscription to government shares in accordance with the Regulations may be processed directly without hosting a public offering of the shares.
中文原文 財政部所屬公營事業移轉民營從業人員優惠優先認購股份辦法第4條
從業人員依本辦法認購公股時,得不經公開招募申購程序,逕行認購。

English translation for reference only; the Chinese text prevails. Not legal advice.