Announce of the company lends the funds to
Tokio Marine Newa Insurance Co., Ltd.
Date of events
2022/08/05
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/05
2.The public company or its subsidiaries for which the amount of monetary
loans extended to others reaches 20 percent or more of the public company's
net worth on the latest financial statements, please specify name of funding
recipient, relationship with lender, lending limit (thousand NTD),
outstanding balance (thousand NTD) up to the date of occurrence and
the reason for lending up to the date of occurrence:
(1)Name of funding recipient:Tokio Marine Newa Insurance Co., Ltd.
(2)Relationship with lender:Related enterprises under the equity method.
(3)Lending limit (thousand NTD):4,968,223 thousand NTD
(4)Outstanding balance (thousand NTD) up to the date of occurrence:
524,000 thousand NTD
(5)The reason for lending up to the date of occurrence:The company lends
the funds to Tokio Marine Newa Insurance Co., Ltd. to meet the demand of
it for the settlement of insurance claims and fulfill its commitment to
the insured.
3.The total amount of monetary loans extended to others as of the date of
occurrence:10,198,278 thousand NTD
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:20.53
5.Sources of funds for the company to extend monetary loans to others:
Parent company
6.Any other matters that need to be specified:None
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Yulon Motor Co. Ltd. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 11:35:11 UTC.
Yulon Motor Co., Ltd. is a Taiwan-based company principally engaged in the manufacturing and sales of automobiles and related spare parts and components. The automobile products of the Company include small sized and medium sized cars, recreational vehicles, commercial vehicles and loaded cars, among others. Its main products include NISSAN passenger vehicles, INFINITI passenger vehicles, LUXGEN passenger vehicles and DONGFENG commercial vehicles. The Company also provides the assembling, maintenance and repairing services for automobiles. The Company mainly operates businesses in Taiwan.
YULON MOTOR COMPANY LTD. 
