[CHAIXIN] Announcement of Increase in Loans to Others Exceeding 2% of Latest Financial Statement Net Worth

1. Date of Event: 115/05/11
2. Recipient of Loan:
(1) Company Name: Chinese Maritime Transport (UK) Limited
(2) Relationship with the Company Providing the Loan: Subsidiary
(3) Loan Limit (in thousands of Yuan): 5,442,446
(4) Original Outstanding Balance (in thousands of Yuan): 0
(5) Amount of New Loan (in thousands of Yuan): 471,000
(6) Is this a loan authorized by the board of directors for multiple disbursements or revolving use to the same borrower: Yes
(7) Outstanding Loan Balance as of the Event Date (in thousands of Yuan): 471,000
(8) Reason for New Loan:
Funding demand
3. Collateral Provided by the Company Receiving the Loan:
(1) Contents:
None
(2) Value (in thousands of Yuan): 0
4. Latest Financial Statement of the Company Receiving the Loan:
(1) Capital (in thousands of Yuan): 1,263,040
(2) Accumulated Profit/Loss (in thousands of Yuan): 248,857
5. Interest Calculation Method:
As per contract
6. Repayment:
(1) Terms:
As per contract
(2) Date:
One year from the loan disbursement date.
7. Outstanding Loan Balance as of the Event Date (in thousands of Yuan):
10,776,914
8. Ratio of Outstanding Loan Balance as of the Event Date to the Net Worth of the Publicly Issued Company's Latest Financial Statement:
79.21
9. Source of Funds Lent by the Company:
Parent company
10. Other Disclosures:
USD$1 = NTD$31.4