【PowerTrain】Announcement on behalf of subsidiary WEECHANGSHING ELECTRONIC (SHENZHEN) CO., LTD. - New Loan Amount Reaches Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing the Lending of Funds and Endorsements/Guarantees by Publicly Issued Companies.
WEECHANGSHING ELECTRONIC (SHENZHEN) CO., LTD., a subsidiary of PowerTrain, announced a new loan of NT$125.01 million to its related company, WEISHUO ELECTRONICS (SHENZHEN) CO., LTD., to bolster working capital. This transaction brings the total loan balance to a level stipulated by relevant regulations.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 10:12 (2h 12m after Collected)
1. Date of Occurrence: 2026/05/13
2. Recipient of the loan:
(1) Company name: WEISHUO ELECTRONICS (SHENZHEN) CO., LTD.
(2) Relationship with the company lending funds: Same ultimate parent company
(3) Loan limit (in thousands): 1,041,424
(4) Original outstanding loan balance (in thousands): 0
(5) Amount of this new loan (in thousands): 125,010
(6) Is this a loan authorized by the Board of Directors for the Chairman to disburse in installments or as a revolving facility to the same borrower: Yes
(7) Outstanding loan balance as of the date of occurrence (in thousands): 125,010
(8) Reason for this new loan: To replenish working capital
3. Collateral provided by the company receiving the loan:
(1) Content: None
(2) Value (in thousands): 0
4. Latest financial statements of the company receiving the loan:
(1) Capital (in thousands): 138,412
(2) Accumulated profit/loss (in thousands): 170,012
5. Interest calculation method:
As stipulated in the contract.
6. Repayment:
(1) Conditions: Due or early repayment.
(2) Date: Due or early repayment.
7. Total outstanding loan balance as of the date of occurrence (in thousands):
1,076,440
8. Ratio of total outstanding loan balance to the net worth of the publicly issued company's latest financial statements as of the date of occurrence:
38.27%
9. Source of funds lent by the company to others:
The subsidiary itself
10. Other matters to be specified:
None.
2. Recipient of the loan:
(1) Company name: WEISHUO ELECTRONICS (SHENZHEN) CO., LTD.
(2) Relationship with the company lending funds: Same ultimate parent company
(3) Loan limit (in thousands): 1,041,424
(4) Original outstanding loan balance (in thousands): 0
(5) Amount of this new loan (in thousands): 125,010
(6) Is this a loan authorized by the Board of Directors for the Chairman to disburse in installments or as a revolving facility to the same borrower: Yes
(7) Outstanding loan balance as of the date of occurrence (in thousands): 125,010
(8) Reason for this new loan: To replenish working capital
3. Collateral provided by the company receiving the loan:
(1) Content: None
(2) Value (in thousands): 0
4. Latest financial statements of the company receiving the loan:
(1) Capital (in thousands): 138,412
(2) Accumulated profit/loss (in thousands): 170,012
5. Interest calculation method:
As stipulated in the contract.
6. Repayment:
(1) Conditions: Due or early repayment.
(2) Date: Due or early repayment.
7. Total outstanding loan balance as of the date of occurrence (in thousands):
1,076,440
8. Ratio of total outstanding loan balance to the net worth of the publicly issued company's latest financial statements as of the date of occurrence:
38.27%
9. Source of funds lent by the company to others:
The subsidiary itself
10. Other matters to be specified:
None.