1. Event Date: 115/08/04

2. Details of the Guaranteed Party: (1) Company Name: Kunshan Ruichuangxin Electronics Co., Ltd. (2) Relationship with the Guarantee Provider: An indirectly wholly-owned subsidiary of the Company (3) Guarantee Limit (in thousand NTD): 2,277,739 (4) Previous Guarantee Balance (in thousand NTD): 636,740 (5) Amount of New Guarantee Added This Time (in thousand NTD): 636,740 (6) Guarantee Balance as of Event Date (in thousand NTD): 1,273,480 (7) Actual Amount Drawn by the Guaranteed Party (in thousand NTD): 236,742 (8) Reason for the New Guarantee: To assist the subsidiary Kunshan Ruichuangxin Electronics Co., Ltd. in securing supplier purchase guarantees and bank financing limits to meet raw material procurement and working capital requirements, the Company has proactively renewed the existing guarantee limit.

3. Collateral Provided by the Guaranteed Party: (1) Description: None (2) Value (in thousand NTD): 0

4. Latest Financial Statement of the Guaranteed Party: (1) Capital (in thousand NTD): 245,200 (2) Accumulated Profit/Loss (in thousand NTD): -166,593

5. Conditions and Date for Release of Guarantee Liability: (1) Condition: Liability is released upon expiration of the guarantee period or earlier termination of the guarantee obligation (2) Date: August 31, 118

6. Total Endorsement Guarantee Limit (in thousand NTD): 5,694,349

7. Guarantee Balance as of Event Date (in thousand NTD): 1,273,480

8. Ratio of Guarantee Balance Provided by the Company to the Net Asset Value in the Latest Financial Statement of the Publicly Issued Company as of Event Date: 11.18%

9. Combined Ratio of Guarantee Balance, Long-Term Investment, and Fund Lending to the Net Asset Value in the Latest Financial Statement of the Publicly Issued Company as of Event Date: 6.36%

10. Other Matters to be Disclosed: The increase in guarantee amount this time results from the early renewal of the existing guarantee limit. The new limit is effective from September 1, 115 to August 31, 118. Prior to the effectiveness of the new limit, the old and new limits are disclosed in aggregate as required, with no actual increase in the total approved amount.

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  • Source: PR Times
  • Category: News
  • Dates in source: 115/08/04