1. Date of Fact: 115/06/26

2. Endorsed Guarantees:

(1) Company Name: Chung Chieh Footwear Co., Ltd. (Samoa) (2) Relationship to Guarantee Provider: 100% directly and indirectly held company (3) Guarantee Limit (NT$ thousands): 48,866,144 (4) Previous Guarantee Balance (NT$ thousands): 7,089,700 (5) Amount of New Guarantee (NT$ thousands): 5,459,050 (6) Guarantee Balance as of Fact Date (NT$ thousands): 12,548,750 (7) Actual Amount Drawn by Guaranteed Company (NT$ thousands): 783,875 (8) Reason for New Guarantee: Authorization for its Taiwan branch to obtain bank credit facilities

(1) Company Name: Zhaoqing Chung Chieh Footwear Co., Ltd. (2) Relationship to Guarantee Provider: 100% directly and indirectly held company (3) Guarantee Limit (NT$ thousands): 48,866,144 (4) Previous Guarantee Balance (NT$ thousands): 998,334 (5) Amount of New Guarantee (NT$ thousands): 998,334 (6) Guarantee Balance as of Fact Date (NT$ thousands): 1,996,668 (7) Actual Amount Drawn by Guaranteed Company (NT$ thousands): 0 (8) Reason for New Guarantee: Renewal of bank credit facilities

(1) Company Name: Shanggao County Chung Chieh Footwear Co., Ltd. (2) Relationship to Guarantee Provider: 100% directly and indirectly held company (3) Guarantee Limit (NT$ thousands): 48,866,144 (4) Previous Guarantee Balance (NT$ thousands): 538,361 (5) Amount of New Guarantee (NT$ thousands): 538,361 (6) Guarantee Balance as of Fact Date (NT$ thousands): 1,076,722 (7) Actual Amount Drawn by Guaranteed Company (NT$ thousands): 0 (8) Reason for New Guarantee: Renewal of bank credit facilities

(1) Company Name: Yifeng Chung Chieh Footwear Co., Ltd. (2) Relationship to Guarantee Provider: 100% directly and indirectly held company (3) Guarantee Limit (NT$ thousands): 48,866,144 (4) Previous Guarantee Balance (NT$ thousands): 459,973 (5) Amount of New Guarantee (NT$ thousands): 459,973 (6) Guarantee Balance as of Fact Date (NT$ thousands): 919,946 (7) Actual Amount Drawn by Guaranteed Company (NT$ thousands): 0 (8) Reason for New Guarantee: Renewal of bank credit facilities

(1) Company Name: Ninh Binh-Viet Nam Chung Jye Shoes Manufacture Company Limited (2) Relationship to Guarantee Provider: 100% directly and indirectly held company (3) Guarantee Limit (NT$ thousands): 48,866,144 (4) Previous Guarantee Balance (NT$ thousands): 219,485 (5) Amount of New Guarantee (NT$ thousands): 250,840 (6) Guarantee Balance as of Fact Date (NT$ thousands): 470,325 (7) Actual Amount Drawn by Guaranteed Company (NT$ thousands): 0 (8) Reason for New Guarantee: New bank credit facilities

(1) Company Name: Backan-Viet Nam Chung Jye Shoes Manufacture Ltd. (2) Relationship to Guarantee Provider: 100% directly and indirectly held company (3) Guarantee Limit (NT$ thousands): 48,866,144 (4) Previous Guarantee Balance (NT$ thousands): 0 (5) Amount of New Guarantee (NT$ thousands): 250,840 (6) Guarantee Balance as of Fact Date (NT$ thousands): 250,840 (7) Actual Amount Drawn by Guaranteed Company (NT$ thousands): 0 (8) Reason for New Guarantee: Application for new bank credit facilities

(1) Company Name: Fusionsole Footwear Pvt Ltd. (2) Relationship to Guarantee Provider: Company with over 50% direct and indirect ownership (3) Guarantee Limit (NT$ thousands): 24,433,072 (4) Previous Guarantee Balance (NT$ thousands): 0 (5) Amount of New Guarantee (NT$ thousands): 109,743 (6) Guarantee Balance as of Fact Date (NT$ thousands): 109,743 (7) Actual Amount Drawn by Guaranteed Company (NT$ thousands): 0 (8) Reason for New Guarantee: Application for new bank credit facilities

3. Collateral Provided by Guaranteed Companies: (1) Description: None (2) Value (NT$ thousands): 0

4. Latest Financial Statements of Guaranteed Companies: (1) Capital (NT$ thousands): 5,468,697 (2) Accumulated Profit/Loss (NT$ thousands): 2,539,153

5. Release of Guarantee Liability: (1) Condition: Guarantee liability released upon expiration of credit facility (2) Date: As stipulated in the guarantee contract with the bank

6. Total Guarantee Limit (NT$ thousands): 48,866,144

7. Total Guarantee Balance as of Fact Date (NT$ thousands): 15,219,551

8. Ratio of Guarantee Balance to Net Equity of Publicly Traded Company: 124.58%

9. Combined Ratio of Guarantee, Long-Term Investment, and Fund Lending to Net Equity: 147.68%

10. Other Matters to be Disclosed: 1. The Company jointly guarantees Yifeng Chung Chieh Footwear Co., Ltd. and Zhaoqing Chung Chieh Footwear Co., Ltd. for a bank loan facility of RMB 100,000 thousand. Although listed separately in the table due to different guaranteed entities, this constitutes a joint endorsement guarantee for a single credit facility. 2. The Company jointly guarantees Shanggao County Chung Chieh Footwear Co., Ltd. and Zhaoqing Chung Chieh Footwear Co., Ltd. for a bank loan facility of RMB 100,000 thousand and a foreign exchange forward exposure limit of USD 2,500 thousand. Although listed separately in the table due to different guaranteed entities, this constitutes a joint endorsement guarantee for a single credit facility. 3. The Company jointly guarantees Ninh Binh-Viet Nam Chung Jye Shoes Manufacture Company Limited and Backan-Viet Nam Chung Jye Shoes Manufacture Ltd. for a bank loan facility of USD 8,000 thousand. Although listed separately in the table due to different guaranteed entities, this constitutes a joint endorsement guarantee for a single credit facility. 4. Exchange Rates: USD 1 = NT$31.355; RMB 1 = NT$4.599733 5. Capital of Fund Recipients (NT$ thousands): (1) Chung Chieh Footwear Co., Ltd. (Samoa): 102,384 (2) Zhaoqing Chung Chieh Footwear Co., Ltd.: 723,189 (3) Shanggao County Chung Chieh Footwear Co., Ltd.: 1,760,251 (4) Yifeng Chung Chieh Footwear Co., Ltd.: 339,459 (5) Ninh Binh-Viet Nam Chung Jye Shoes Manufacture Company Limited: 2,015,429 (6) Backan-Viet Nam Chung Jye Shoes Manufacture Ltd.: 519,855 (7) Fusionsole Footwear Pvt Ltd.: 8,130 6. Accumulated Profit/Loss of Fund Recipients (NT$ thousands): (1) Chung Chieh Footwear Co., Ltd. (Samoa): 2,147,279 (2) Zhaoqing Chung Chieh Footwear Co., Ltd.: -809,149 (3) Shanggao County Chung Chieh Footwear Co., Ltd.: 1,387,593 (4) Yifeng Chung Chieh Footwear Co., Ltd.: -290,984 (5) Ninh Binh-Viet Nam Chung Jye Shoes Manufacture Company Limited: -1,042,310 (6) Backan-Viet Nam Chung Jye Shoes Manufacture Ltd.: -1,042,310 (7) Fusionsole Footwear Pvt Ltd.: -1,042,310

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  • Source: PR Times
  • Category: News
  • Dates in source: 115/06/26