Rongcheng's board of directors approved an increase in endorsement guarantees by NT$231.5 million for its subsidiary, Pinghu Rongcheng Environmental Technology Co., Ltd., for operational turnover. The new total endorsement guarantee balance is NT$4,777.71 million, with the total limit reaching NT$62,308.05 million. The subsidiary's capital is NT$5,338.508 million, with accumulated profits and losses of NT$1,917.252 million. The total balance of endorsements, long-term investments, and fund lending as of the reporting date stands at 73.82% of the company's net worth.
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- Source: PR Times
- Category: News