【Shin-Chin】Announcement: Subsidiary Yongye Development Co., Ltd. Increases Capital Lending Amount, Reaching Disclosure Standard under Article 22, Paragraph 1, Subparagraph 3 of the "Regulations Governing Lending of Funds and Endorsements/Guarantees by Public Companies"
Shin-Chin's subsidiary, Yongye Development Co., Ltd., has provided a new capital loan of TWD 31,630 thousand to Shin-Chin Enterprise Co., Ltd. This new loan causes the total capital lending amount to reach the disclosure standard set by the "Regulations Governing Lending of Funds and Endorsements/Guarantees by Public Companies."
📋 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 08:06 (6 min after Collected)
1. Date of occurrence of the event: May 6, 2026
2. Recipient of capital lending:
(1) Company name: Shin-Chin Enterprise Co., Ltd. (hereinafter referred to as Shin-Chin)
(2) Relationship with the company lending the funds: Yongye Development Co., Ltd. is a 100% directly or indirectly held subsidiary of Shin-Chin Enterprise Co., Ltd.
(3) Limit of capital lending (TWD thousands): 65,849
(4) Original balance of capital lending (TWD thousands): 0
(5) Amount of new capital lending (TWD thousands): 31,630
(6) Is this capital lending part of a continuous or revolving capital lending authorized by the board of directors to the chairman for the same borrower? No
(7) Balance of capital lending as of the date of occurrence (TWD thousands): 31,630
(8) Reason for new capital lending: Approved by board resolution on a case-by-case basis.
3. Collateral provided by the recipient of capital lending:
(1) Content: None.
(2) Value (TWD thousands): 0
4. Latest financial statement of the recipient of capital lending:
(1) Capital (TWD thousands): 1,442,686
(2) Accumulated profit/loss (TWD thousands): 1,441,340
5. Interest calculation method:
Annual interest rate of 0%-3%.
6. Repayment:
(1) Conditions: Repayment in one lump sum or in installments.
(2) Date: Repayment in one lump sum or in installments starting from the actual date of drawdown.
7. Balance of capital lending as of the date of occurrence (TWD thousands):
1,091,109
8. Ratio of capital lending balance to the net worth of the public company's latest financial statement as of the date of occurrence: 14.50
9. Source of funds for the company lending to others:
Subsidiary itself
10. Other matters that need to be explained:
The latest financial statements are the Q1 2026 financial statements reviewed by the accountant.
2. Recipient of capital lending:
(1) Company name: Shin-Chin Enterprise Co., Ltd. (hereinafter referred to as Shin-Chin)
(2) Relationship with the company lending the funds: Yongye Development Co., Ltd. is a 100% directly or indirectly held subsidiary of Shin-Chin Enterprise Co., Ltd.
(3) Limit of capital lending (TWD thousands): 65,849
(4) Original balance of capital lending (TWD thousands): 0
(5) Amount of new capital lending (TWD thousands): 31,630
(6) Is this capital lending part of a continuous or revolving capital lending authorized by the board of directors to the chairman for the same borrower? No
(7) Balance of capital lending as of the date of occurrence (TWD thousands): 31,630
(8) Reason for new capital lending: Approved by board resolution on a case-by-case basis.
3. Collateral provided by the recipient of capital lending:
(1) Content: None.
(2) Value (TWD thousands): 0
4. Latest financial statement of the recipient of capital lending:
(1) Capital (TWD thousands): 1,442,686
(2) Accumulated profit/loss (TWD thousands): 1,441,340
5. Interest calculation method:
Annual interest rate of 0%-3%.
6. Repayment:
(1) Conditions: Repayment in one lump sum or in installments.
(2) Date: Repayment in one lump sum or in installments starting from the actual date of drawdown.
7. Balance of capital lending as of the date of occurrence (TWD thousands):
1,091,109
8. Ratio of capital lending balance to the net worth of the public company's latest financial statement as of the date of occurrence: 14.50
9. Source of funds for the company lending to others:
Subsidiary itself
10. Other matters that need to be explained:
The latest financial statements are the Q1 2026 financial statements reviewed by the accountant.