San Fang: Announcement by Subsidiary GII of New Loan Amount to Related Enterprise NTH Reaching the Provisions of Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing Loaning of Funds and Endorsements/Guarantees
San Fang's subsidiary, Grand International Investment Corporation Limited (GII), announced a new loan of NT$314,550 thousand to its related enterprise, Nichetech Holdings Ltd (NTH), bringing the total outstanding loan to NTH to NT$629,100 thousand to support NTH's operational needs.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:57 (57 min after Collected)
1. Date of occurrence of the event: 2026/05/08
2. Recipient of the loan:
(1) Company name: Nichetech Holdings Ltd
(2) Relationship with the company providing the loan: Grand International Investment Corporation Limited (GII) is a wholly-owned subsidiary of San Fang Chemical Industry Co., Ltd.
(3) Loan limit (in thousands of NTD): 3,939,491
(4) Original loan balance (in thousands of NTD): 0
(5) Amount of this new loan (in thousands of NTD): 314,550
(6) Is it a loan authorized by the Board of Directors for the Chairman to disburse in installments or on a revolving basis to the same borrower: Yes
(7) Loan balance up to the date of occurrence of the event (in thousands of NTD): 314,550
(8) Reason for this new loan: To meet operational needs
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Recipient of the loan's most recent financial report:
(1) Capital (in thousands of NTD): 157,275
(2) Accumulated profit/loss (in thousands of NTD): 0
5. Interest calculation method: 1.87%
6. Repayment:
(1) Conditions: As per the regulations for loaning funds to others. For wholly-owned subsidiaries, the loan term is five years.
(2) Date: May 7, 2031
7. Loan balance up to the date of occurrence of the event (in thousands of NTD): 629,100
8. Ratio of loan balance to the net worth of the public company's most recent financial report up to the date of occurrence of the event: 6.44%
9. Source of the company's funds for lending to others: Subsidiary itself
10. Other matters that should be specified: Calculated based on the customs exchange rate of 31.455 on 2026/5/8.
2. Recipient of the loan:
(1) Company name: Nichetech Holdings Ltd
(2) Relationship with the company providing the loan: Grand International Investment Corporation Limited (GII) is a wholly-owned subsidiary of San Fang Chemical Industry Co., Ltd.
(3) Loan limit (in thousands of NTD): 3,939,491
(4) Original loan balance (in thousands of NTD): 0
(5) Amount of this new loan (in thousands of NTD): 314,550
(6) Is it a loan authorized by the Board of Directors for the Chairman to disburse in installments or on a revolving basis to the same borrower: Yes
(7) Loan balance up to the date of occurrence of the event (in thousands of NTD): 314,550
(8) Reason for this new loan: To meet operational needs
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Recipient of the loan's most recent financial report:
(1) Capital (in thousands of NTD): 157,275
(2) Accumulated profit/loss (in thousands of NTD): 0
5. Interest calculation method: 1.87%
6. Repayment:
(1) Conditions: As per the regulations for loaning funds to others. For wholly-owned subsidiaries, the loan term is five years.
(2) Date: May 7, 2031
7. Loan balance up to the date of occurrence of the event (in thousands of NTD): 629,100
8. Ratio of loan balance to the net worth of the public company's most recent financial report up to the date of occurrence of the event: 6.44%
9. Source of the company's funds for lending to others: Subsidiary itself
10. Other matters that should be specified: Calculated based on the customs exchange rate of 31.455 on 2026/5/8.