Disclosure Date: 1150708 Statement Date: 1150707 Statement Time: 135856 Company Code: 3017 Company Name: AcBel Subject: Announcement on behalf of subsidiary Chicony Electronics (Chengdu) Co., Ltd. regarding additional endorsement guarantees exceeding NT$30 million and 5% of the company's latest financial statement net value. Applicable Clause: Clause 22 Factual Date: 1150707

Details: 1. Factual Date: 115/07/07

2. Endorsed and Guaranteed Parties: (1) Company Name: Shenzhen Xingqihong Technology Co., Ltd. (2) Relationship with Guarantee Provider: Group-affiliated enterprise (both are 100% indirectly invested subsidiaries of the company) (3) Endorsement Guarantee Limit (in thousand NT$): 4,303,797 (4) Previous Endorsement Guarantee Balance (in thousand NT$): 2,485,716 (5) Amount of Additional Endorsement Guarantee This Time (in thousand NT$): 1,078,707 (6) Endorsement Guarantee Balance as of Factual Date (in thousand NT$): 3,564,423 (7) Actual Drawdown Amount by Guaranteed Company (in thousand NT$): 1,224,174 (8) Reason for Additional Endorsement Guarantee: Shenzhen Xingqihong Technology Co., Ltd. obtained a bank loan facility of RMB 230 million, jointly guaranteed by group-affiliated enterprises Chicony Electronics (Shenzhen) Co., Ltd., Chicony Electronics (Chengdu) Co., Ltd., and Chicony Optoelectronics (Wuhan) Co., Ltd.

(1) Company Name: Chicony Electronics (Shenzhen) Co., Ltd. (2) Relationship with Guarantee Provider: Group-affiliated enterprise (both are 100% indirectly invested subsidiaries of the company) (3) Endorsement Guarantee Limit (in thousand NT$): 4,303,797 (4) Previous Endorsement Guarantee Balance (in thousand NT$): 3,517,523 (5) Amount of Additional Endorsement Guarantee This Time (in thousand NT$): 2,110,514 (6) Endorsement Guarantee Balance as of Factual Date (in thousand NT$): 5,628,037 (7) Actual Drawdown Amount by Guaranteed Company (in thousand NT$): 2,970,641 (8) Reason for Additional Endorsement Guarantee: Chicony Electronics (Shenzhen) Co., Ltd. obtained a bank loan facility of RMB 450 million, jointly guaranteed by group-affiliated enterprises Shenzhen Xingqihong Technology Co., Ltd., Chicony Electronics (Chengdu) Co., Ltd., and Chicony Optoelectronics (Wuhan) Co., Ltd.

3. Collateral Provided by Guaranteed Companies: (1) Description: None (2) Value (in thousand NT$): 0

4. Latest Financial Statement of Guaranteed Companies: (1) Capital (in thousand NT$): 1,522,010 (2) Accumulated Profits and Losses (in thousand NT$): 15,324,304

5. Conditions for Release of Endorsement Guarantee Liability: (1) Condition: Endorsement guarantee will be released upon maturity of the bank credit agreement and repayment of the loan. (2) Date: Maturity date of the bank credit agreement and loan repayment date.

6. Total Endorsement Guarantee Limit (in thousand NT$): 90,329,770

7. Endorsement Guarantee Balance as of Factual Date (in thousand NT$): 67,954,866

8. Ratio of Endorsement Guarantee Balance Provided by A to the Latest Net Asset Value of the Publicly Issued Company as of Factual Date: 150.46%

9. Combined Ratio of Endorsement Guarantees, Long-term Investments, and Fund Lending Balance to the Latest Net Asset Value of the Publicly Issued Company as of Factual Date: 57.17%

10. Other Matters to be Disclosed: I. Capital (in thousand NT$) in the latest financial statements of the guaranteed companies: Shenzhen Xingqihong Technology Co., Ltd.: NT$879,291 Chicony Electronics (Shenzhen) Co., Ltd.: NT$642,719

II. Accumulated Profits and Losses (in thousand NT$) in the latest financial statements of the guaranteed companies: Shenzhen Xingqihong Technology Co., Ltd.: NT$7,466,334 Chicony Electronics (Shenzhen) Co., Ltd.: NT$7,857,970

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