Disclosure Date: 1150801 Statement Date: 1150731 Statement Time: 305 Company Code: 4414 Company Name: Ru Xing Subject: Public announcement on behalf of subsidiary pursuant to Article 25, Paragraph 1, Clause 4 of the Handling Principles for Loans and Endorsement Guarantees by Publicly Issued Companies, and guidance from TWSE Letter No. 1111803907 Applicable Clause: Clause 22 Event Date: 1150730

Details: 1. Event Date: 115/07/30

2. Endorsed/Guaranteed Entity: (1) Company Name: Changzhou Dongao Garment Co., Ltd. (2) Relationship to Guarantee Provider: Both Changzhou Dongao Garment Co., Ltd. and the guarantee-providing entity, Changzhou Suiman International Trading Co., Ltd., are 100% directly and indirectly owned subsidiaries of the company. (3) Guarantee Limit (in thousand NT$): 4,969,174 (4) Previous Guarantee Balance (in thousand NT$): 3,386,180 (5) Amount of New Guarantee Added This Time (in thousand NT$): 234,500 (6) Guarantee Balance as of Event Date (in thousand NT$): 3,620,680 (7) Actual Amount Drawn by Guaranteed Company (in thousand NT$): 1,050,657 (8) Reason for New Guarantee: For group cash flow management purposes.

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

4. Latest Financial Statement Data of the Guaranteed Company: (1) Capital (in thousand NT$): 955,500 (2) Accumulated Deficit (in thousand NT$): -924,242

5. Conditions for Release of Guarantee Liability: (1) Condition: One year from the date of contract signing. (2) Date: One year from the date of contract signing.

6. Total Endorsement Guarantee Limit (in thousand NT$): 16,215,120

7. Total Guarantee Balance as of Event Date (in thousand NT$): 8,572,688

8. Ratio of Guarantee Balance Provided by A to Net Equity in the Latest Financial Statement of the Publicly Issued Company: 211.47%

9. Combined Ratio of Guarantee, Long-Term Investment, and Loan Balances to Net Equity in the Latest Financial Statement: 20.31%

10. Other Matters to be Disclosed: None

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  • Source: PR Times
  • Category: News
  • Dates in source: 1150730 / 1150731