Yeh Chiang Technology : Announcement pursuant to Article 22,Paragraph 1, Subparagraph 1 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
Announcement pursuant to Article 22,Paragraph 1,
Subparagraph 1 of Regulations Governing Loaning of Funds
and Making of Endorsements/Guarantees by Public Companies
Date of events
2022/08/11
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/11
2.The public company or its subsidiaries for which
the amount of monetary loans extended to others reaches
20 percent or more of their net worth on the latest
financial statements(1)Name of funding recipient
(2)Relationship with lender(3)Lending limit
(thousand NTD)(4)Outstanding balance (thousand NTD)
up to the date of occurrence(5)Reason for lending
up to the date of occurrence:
(1)Name of funding recipient:Zhongshan Weiqiang Technology Co.,Ltd.
(2)Relationship with lender:100% wholly owned subsidiary.
(3)Lending limit(thousand NTD):NT$1,422,148 thousand.
(4)Outstanding balance (thousand NTD) up to the date of occurrence
NT$760,437 thousand.
(5)Reason for lending up to the date of occurrence:Working capital.
(1)Name of funding recipient:Ye Xian Weiqiang Technology Co.,Ltd.
(2)Relationship with lender:100% wholly owned subsidiary.
(3)Lending limit(thousand NTD):NT$1,422,148 thousand.
(4)Outstanding balance (thousand NTD) up to the date of occurrence
NT$329,078 thousand.
(5)Reason for lending up to the date of occurrence:Working capital.
(1)Name of funding recipient:Ping Ding Shan Yeh Chiang Technology Co.,Ltd.
(2)Relationship with lender:100% wholly owned subsidiary.
(3)Lending limit(thousand NTD):NT$1,422,148 thousand.
(4)Outstanding balance (thousand NTD) up to the date of occurrence
NT$53,364 thousand.
(5)Reason for lending up to the date of occurrence:Working capital.
(1)Name of funding recipient:Vietnam Yeh-Chiang Technology Co.,Ltd.
(2)Relationship with lender:100% wholly owned subsidiary.
(3)Lending limit(thousand NTD):NT$1,422,148 thousand.
(4)Outstanding balance (thousand NTD) up to the date of occurrence
NT$89,820 thousand.
(5)Reason for lending up to the date of occurrence:Working capital.
(1)Name of funding recipient:So Bright Electronics Co. ,Ltd.
(2)Relationship with lender:
The same parent company as Taiwan Lighting Co., Ltd.
(3)Lending limit(thousand NTD):NT$86,957 thousand.
(4)Outstanding balance (thousand NTD) up to the date of occurrence
NT$9,000 thousand.
(5)Reason for lending up to the date of occurrence:Working capital.
3.The total amount of monetary loans extended to others
as of the date of occurrence:NT$1,241,699 thousand.
4.The total amount of monetary loans extended to others
as a percentage of the public company's net worth on
the latest financial statements as of the date of
occurrence:34.92%
5.Sources of funds for the company to extend monetary
loans to others:
Subsidiary itself & Financial institutions & The parent company
6.Any other matters that need to be specified:
USD/NTD=29.94 ; RMB/NTD=4.447
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Yeh-Chiang Technology Corp. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 06:50:04 UTC.
YEH-CHIANG TECHNOLOGY CORP. is a Taiwan-based company principally engaged in the manufacture and distribution of heat pipes. The Companyâs products consist of heat pipes, which are used in computer, communication and consumer electronic (3C) products for heat conduction; ball grid array (BGA) solder balls, which are used for packaging of integrated circuits (ICs); solder pastes, which are used for connectors and surface mounted technology (SMT) products, as well as light emitting diode (LED) modules and lighting fixtures. It also distributes raw materials. The Company distributes its products within domestic market and to overseas markets.
Yeh Chiang Technology : Announcement pursuant to Article 22,Paragraph 1, Subparagraph 1 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies