Nan Ya Plastics Board Approves Intra-group Lending Exceeding 2% of Net Worth

Nan Ya Plastics Corporation announced that its board has approved funding loans to several group affiliates, including Formosa Plastics, FCFC, and FPCC, for working capital purposes. The newly approved loans aim to support the operational needs of these entities. As of the announcement date, the total lending balance reached TWD 55.47 billion, representing 14.45% of the company's net worth. The loans are interest-bearing on a daily basis and are primarily directed towards invested companies accounted for under the equity method or subsidiaries.