Announcement Date: May 20, 2026 Company Code: 4943 Company Name: KY-Concord Subject: Announcement regarding intercompany loans to subsidiary Kunshan Haojun Precision Electronics

1. Date of occurrence: May 20, 2026 2. Loan recipients: (1) Kunshan Haojun Precision Electronics Co., Ltd. (2) Relationship: Affiliated company (3) Loan limit (in thousands): 322,252 (4) Existing balance (in thousands): 128,048 (5) New loan amount (in thousands): 127,940 (6) Board authorization for recurring loans: No (7) Current loan balance (in thousands): 255,988 (8) Reason: Operating funds

(1) Kongerfu Precision Electromechanical (Kunshan) Co., Ltd. (2) Relationship: Affiliated company (3) Loan limit (in thousands): 322,252 (4) Existing balance (in thousands): 27,600 (5) New loan amount (in thousands): 69,478 (6) Board authorization for recurring loans: No (7) Current loan balance (in thousands): 97,078 (8) Reason: Operating funds

3. Collateral: None 4. Financials of recipients: (1) Capital (in thousands): 121,399 (2) Accumulated earnings/loss (in thousands): -618,782 5. Interest: Calculated according to company procedures 6. Repayment terms: Due by May 19, 2028 7. Total loan balance (in thousands): 466,961 8. Ratio to net worth: 266.65% 9. Source of funds: Subsidiary's own funds

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  • Source: PR Times
  • Category: News