【Evertop】Announcement by subsidiary regarding the handling of funds lent and endorsements/guarantees in accordance with Article 22, Paragraph 1, Subparagraphs 2 and 3 of the Regulations Governing the Lending of Funds and Endorsements/Guarantees by Public Companies
Evertop Wire & Cable Corp.'s subsidiary provided an additional loan of NTD 145.659 million to its wholly-owned subsidiary, Taichu Co., Ltd., for working capital. This brings the total loan balance to Taichu Co., Ltd. to NTD 288.152 million, within the authorized limit. The loan has an interest rate of 0.1% and a one-year term.
📋 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 09:20 (1h 20m after Collected)
1. Date of occurrence: 2026/05/08
2. Recipient of funds loan:
(1) Company name: Evertop Wire & Cable Corp.
(2) Relationship with the company lending funds to others:
Taichu Co., Ltd. is a 100% invested subsidiary of Evertop Wire & Cable Corp.
(3) Loan limit (in thousands NTD): 309,080
(4) Original loan balance (in thousands NTD): 142,493
(5) New loan amount (in thousands NTD): 145,659
(6) Is it a loan authorized by the board of directors for the chairman to disburse in installments or revolve funds to the same borrower: Yes
(7) Loan balance as of the date of occurrence (in thousands NTD): 288,152
(8) Reason for the new loan:
Working capital needs
3. Collateral provided by the company receiving the funds loan:
(1) Content:
None
(2) Value (in thousands NTD): 0
4. Latest financial statements of the company receiving the funds loan:
(1) Capital (in thousands NTD): 1,941,485
(2) Accumulated profit/loss (in thousands NTD): 292,155
5. Interest calculation method:
0.1%
6. Repayment:
(1) Conditions:
Repayment at maturity
(2) Date:
Loan period of one year
7. Loan balance as of the date of occurrence (in thousands NTD):
602,136
8. Ratio of loan balance to net worth of the public company's latest financial statements as of the date of occurrence:
27.15%
9. Source of company's funds lent to others:
Subsidiary itself
10. Other matters to be specified:
None
Keywords: Material Information
2. Recipient of funds loan:
(1) Company name: Evertop Wire & Cable Corp.
(2) Relationship with the company lending funds to others:
Taichu Co., Ltd. is a 100% invested subsidiary of Evertop Wire & Cable Corp.
(3) Loan limit (in thousands NTD): 309,080
(4) Original loan balance (in thousands NTD): 142,493
(5) New loan amount (in thousands NTD): 145,659
(6) Is it a loan authorized by the board of directors for the chairman to disburse in installments or revolve funds to the same borrower: Yes
(7) Loan balance as of the date of occurrence (in thousands NTD): 288,152
(8) Reason for the new loan:
Working capital needs
3. Collateral provided by the company receiving the funds loan:
(1) Content:
None
(2) Value (in thousands NTD): 0
4. Latest financial statements of the company receiving the funds loan:
(1) Capital (in thousands NTD): 1,941,485
(2) Accumulated profit/loss (in thousands NTD): 292,155
5. Interest calculation method:
0.1%
6. Repayment:
(1) Conditions:
Repayment at maturity
(2) Date:
Loan period of one year
7. Loan balance as of the date of occurrence (in thousands NTD):
602,136
8. Ratio of loan balance to net worth of the public company's latest financial statements as of the date of occurrence:
27.15%
9. Source of company's funds lent to others:
Subsidiary itself
10. Other matters to be specified:
None
Keywords: Material Information