【Laiyi-KY】Announcement by subsidiary Shenfeng Co., Ltd. in accordance with Article 22, Paragraph 1, Subparagraph 3 of the "Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Public Companies"
Laiyi-KY announced on May 6, 2026, that its subsidiary, Shenfeng Co., Ltd., extended new loans to two subsidiaries, Billion Power Co., Ltd. (NT$633.2 million) and PT. YIH QUAN FOOTWEAR INDONESIA (NT$158.3 million). Both loans are for operational working capital.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:43 (43 min after Collected)
1. Date of occurrence of the event: 2026/05/06
2. Borrower:
(1) Company name: Billion Power Co., Ltd.
(2) Relationship with the company providing the loan: A 100% directly and indirectly held subsidiary of the company.
(3) Loan limit (in thousands of NTD): 5,031,234
(4) Original loan balance (in thousands of NTD): 1,424,700
(5) Amount of new loan (in thousands of NTD): 633,200
(6) Is this 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 as of the date of occurrence (in thousands of NTD): 2,057,900
(8) Reason for the new loan: Operating working capital
(1) Company name: PT. YIH QUAN FOOTWEAR INDONESIA
(2) Relationship with the company providing the loan: A 100% directly and indirectly held subsidiary of the company.
(3) Loan limit (in thousands of NTD): 5,031,234
(4) Original loan balance (in thousands of NTD): 791,500
(5) Amount of new loan (in thousands of NTD): 158,300
(6) Is this 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 as of the date of occurrence (in thousands of NTD): 949,800
(8) Reason for the new loan: Operating working capital
3. Collateral provided by the borrower:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Borrower's most recent financial statements:
(1) Capital (in thousands of NTD): 6,239,025
(2) Accumulated profit/loss (in thousands of NTD): -846,422
5. Interest calculation method: 1.5%
6. Repayment:
(1) Conditions: Repayment within one year from the loan period, before the due date.
(2) Date: Repayment within one year from the loan period, before the due date.
7. Loan balance as of the date of occurrence (in thousands of NTD): 3,166,000
8. Ratio of loan balance to net worth of the public company's most recent financial statements as of the date of occurrence: 12.80%
9. Source of company's loaned funds: Subsidiary itself, Parent company
10. Other matters to be specified:
Capital (in thousands of NTD) in the most recent financial statements:
Billion Power Co., Ltd.: 3,199,500
PT. YIH QUAN FOOTWEAR INDONESIA: 3,039,525
Accumulated profit/loss (in thousands of NTD) in the most recent financial statements:
Billion Power Co., Ltd.: -549,243
PT. YIH QUAN FOOTWEAR INDONESIA: -297,179
2. Borrower:
(1) Company name: Billion Power Co., Ltd.
(2) Relationship with the company providing the loan: A 100% directly and indirectly held subsidiary of the company.
(3) Loan limit (in thousands of NTD): 5,031,234
(4) Original loan balance (in thousands of NTD): 1,424,700
(5) Amount of new loan (in thousands of NTD): 633,200
(6) Is this 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 as of the date of occurrence (in thousands of NTD): 2,057,900
(8) Reason for the new loan: Operating working capital
(1) Company name: PT. YIH QUAN FOOTWEAR INDONESIA
(2) Relationship with the company providing the loan: A 100% directly and indirectly held subsidiary of the company.
(3) Loan limit (in thousands of NTD): 5,031,234
(4) Original loan balance (in thousands of NTD): 791,500
(5) Amount of new loan (in thousands of NTD): 158,300
(6) Is this 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 as of the date of occurrence (in thousands of NTD): 949,800
(8) Reason for the new loan: Operating working capital
3. Collateral provided by the borrower:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Borrower's most recent financial statements:
(1) Capital (in thousands of NTD): 6,239,025
(2) Accumulated profit/loss (in thousands of NTD): -846,422
5. Interest calculation method: 1.5%
6. Repayment:
(1) Conditions: Repayment within one year from the loan period, before the due date.
(2) Date: Repayment within one year from the loan period, before the due date.
7. Loan balance as of the date of occurrence (in thousands of NTD): 3,166,000
8. Ratio of loan balance to net worth of the public company's most recent financial statements as of the date of occurrence: 12.80%
9. Source of company's loaned funds: Subsidiary itself, Parent company
10. Other matters to be specified:
Capital (in thousands of NTD) in the most recent financial statements:
Billion Power Co., Ltd.: 3,199,500
PT. YIH QUAN FOOTWEAR INDONESIA: 3,039,525
Accumulated profit/loss (in thousands of NTD) in the most recent financial statements:
Billion Power Co., Ltd.: -549,243
PT. YIH QUAN FOOTWEAR INDONESIA: -297,179