Who is the recipient of the fund lending?

Kang Er Fu Precision Electromechanics (Kunshan) Co., Ltd., an affiliated company based in Kunshan, Jiangsu, China.

Is a lending ratio of 277.97% of net equity a concern?

Yes. Ratios above 200% are generally considered high-risk and raise governance concerns.

Does the loan bear interest?

Yes. Interest is calculated according to the company's internal fund lending procedures.

When is the repayment due?

The loan must be repaid by June 14, 117 (2028).

Is collateral provided?

No. This fund lending is unsecured.

Kangkong-KY's Subsidiary Announces Fund Lending to Kang Er Fu Precision Electronics (Baoying)

Published Jun 15, 2026 9:00 AM ・ Updated Jun 16, 2026 5:16 PM ・ 3 min read ・ Source: PR Times

Kang Er Fu Precision Electronics (Baoying), a subsidiary of Kangkong-KY, has provided an additional fund loan of NT$55,736,000 to its affiliated company, Kang Er Fu Precision Electromechanics (Kunshan) Co., Ltd., for operational needs. The loan is unsecured and must be repaid by June 14, 117.

1. Factual Date: 115/06/15

2. Recipient of Fund Lending: (1) Company Name: Kang Er Fu Precision Electromechanics (Kunshan) Co., Ltd. (2) Relationship with Lending Party: Affiliated Company (3) Lending Limit (in thousand NT$): 309,722 (4) Previous Outstanding Balance (in thousand NT$): 97,391 (5) Amount of New Lending (in thousand NT$): 55,736 (6) Whether the Board Authorized the Chairman to Conduct Multiple or Revolving Loans to the Same Recipient: No (7) Outstanding Balance as of Factual Date (in thousand NT$): 153,127 (8) Reason for New Lending: Operational Needs

3. Collateral Provided by Recipient: (1) Description: None (2) Value (in thousand NT$): 0

4. Latest Financial Statement of Recipient: (1) Capital (in thousand NT$): 83,302 (2) Accumulated Deficit (in thousand NT$): -174,141

5. Interest Calculation Method: In accordance with the company's internal fund lending procedures

6. Repayment Terms: (1) Conditions: Repayment by 117/06/14 (2) Due Date: 117/06/14

7. Total Outstanding Fund Lending as of Factual Date (in thousand NT$): 486,784

8. Ratio of Outstanding Fund Lending to the Parent Company's Latest Net Equity: 277.97%

9. Source of Lending Funds: Subsidiary's own funds

10. Other Disclosures: None

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Source: PR Times
Category: Funding
Dates in source: 115/06/15 / 117/06/14

Kangkong-KY's Subsidiary Announces Fund Lending to Kang Er Fu Precision Electronics (Baoying)

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