1. Factual Date: 115/07/31

2. Endorsed Party: (1) Company Name: Wei En Technology Co., Ltd. (2) Relationship with Guarantee Provider: A company in which our company holds more than 50% of voting rights, directly and indirectly (3) Guarantee Limit (in thousand NTD): 621,513 (4) Previous Guarantee Balance (in thousand NTD): 200,000 (5) Amount of New Guarantee (in thousand NTD): 350,000 (6) Guarantee Balance as of Factual Date (in thousand NTD): 550,000 (7) Actual Amount Drawn by Endorsed Company (in thousand NTD): 200,000 (8) Reason for New Guarantee: Applied for purchase guarantee limit; our company issued a guarantee letter to provide endorsement

3. Collateral Provided by Endorsed Company: (1) Description: None (2) Value (in thousand NTD): 0

4. Latest Financial Statements of Endorsed Company: (1) Capital (in thousand NTD): 58,866 (2) Accumulated Profit/Loss (in thousand NTD): 0

5. Conditions for Release of Guarantee Liability: (1) Condition: As stipulated in contract terms (2) Date: As stipulated in contract terms

6. Total Guarantee Limit (in thousand NTD): 3,107,565

7. Total Guarantee Balance as of Factual Date (in thousand NTD): 850,000

8. Ratio of Guarantee Balance Provided by Company to Net Worth in Latest Financial Statements: 13.68%

9. Combined Ratio of Guarantee Balance, Long-Term Investment, and Fund Lending to Net Worth: 17.52%

10. Other Disclosures: None

FACT BOX

  • Source: PR Times
  • Category: News
  • Dates in source: 115/07/31