Announcement for endorsements/guarantees/loans
by Tex Year Industries Inc.
Date of events
2022/03/29
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/03/29
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1) Name of funding recipient: Tex Year Europe Sp. z o.o.
(2) Relationship with lender: Subsidiary
(3) Lending limit (thousand NTD): NT$ 236,252 thousand.
(4) Outstanding balance (thousand NTD) up to the date of occurrence:
NT$62,740 thousand.
(5) New loan (thousand NTD): NT$78,425 thousand.
(6)Outstanding balance (thousand NTD) up to the date of occurrence:
NT$141,165 thousand.
(7) Actual amount borrowed: NT$ 62,740 thousand.
(8) Reason for lending up to the date of occurrence: To support business
needs, provide the subsidiary with guarantees for the payments of purchase
from suppliers.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
(1) Content: None.
(2) Value (thousand NTD): NT$0 thousand.
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
(1) Capital (thousand NTD): NT$173,457 thousand.
(2) Cumulative gains/losses (thousand NTD): NT$7,795thousand.
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1) Condition: When the credit limit of vendor payment is lifted.
(2) Date: When the credit limit of vendor payment is lifted.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
NT$590,630 thousand.
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):NT$ 324,970 thousand.
8.The amount of endorsements/guarantees as a percentage of the
public company's net worth on the latest financial report as of the date of
occurrence:27.51%
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company's net worth on the latest financial
statements:17.24%
10.Any other matters that need to be specified:
Announcement pursuant to Article 25, Paragraph 1,Subparagraph 4 of the
Regulations Governing Loaning of Funds and Making of
Endorsements/Guarantees by Public Companies
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Disclaimer
Tex Year Industries Inc. published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 11:08:02 UTC.
TEX YEAR INDUSTRIES INC. is a Taiwan-based company mainly engaged in the processing, manufacture and trading of adhesive products. The Companyâs principal products include hot melt adhesives, pressure sensitive adhesives, instant adhesives, ultraviolet rays (UV) adhesives and paints, packaging materials for solar cell modules, electronic specialty chemicals, as well as medical steam autoclaves and medical anti-infection devices. The Company is also involved in the design, assembly, maintenance and trading of automation equipment, as well as the provision of related technology transfer and after-sales services. The Company mainly operates through three business segments: Taiwan chemical engineering segment, the Mainland China business segment and others segment. The Company mainly operates its businesses in Asia, the Americas and Europe.
TEX YEAR INDUSTRIES INC. 
