1. Event Date: 115/08/13
2. Recipient of Fund Lending: (1) Company Name: Qiaochun Metal Co., Ltd. (2) Relationship with the Lending Party: Qiaochun Metal Co., Ltd. is the ultimate parent company that indirectly holds 100% equity in Zhaoqing Baoxin Metal Co., Ltd. (3) Lending Limit (in thousand NTD): 2,407,997 (4) Previous Outstanding Balance (in thousand NTD): 0 (5) Amount of New Lending (in thousand NTD): 418,547 (6) Whether the board authorized the chairman to make multiple disbursements or revolving loans to the same recipient: No (7) Outstanding Balance as of Event Date (in thousand NTD): 418,547 (8) Reason for New Lending: Receivables from related parties exceeding the normal 90-day collection period have been reclassified as other receivables.
3. Collateral Provided by the Borrowing Company: (1) Description: None (2) Value (in thousand NTD): 0
4. Latest Financial Statement of the Borrowing Company: (1) Capital (in thousand NTD): 1,999,942 (2) Accumulated Profits and Losses (in thousand NTD): 3,680,268
5. Interest Calculation Method: 0% interest rate
6. Repayment Terms: (1) Conditions: Monthly repayment (2) Due Date: Repayment within one year
7. Outstanding Lending Balance as of Event Date (in thousand NTD): 420,071
8. Ratio of Outstanding Lending Balance to the Net Equity of the Publicly Issued Company’s Latest Financial Statement: 5.54
9. Source of Lending Funds: The subsidiary itself
10. Other Disclosures: Exchange rates for converting foreign currencies into New Taiwan Dollars are based on the exchange rate on the balance sheet date of the most recent audited (or reviewed) financial report.
FACT BOX
- Source: PR Times
- Category: News
- Dates in source: 115/08/13