Yitai Announces Subsidiary's Intercompany Loan to Parent Exceeds 20% of Net Assets
Yitai's subsidiary, Tai Ju Co., Ltd., announced that its outstanding loan balance to the parent company exceeded 20% of the net assets reported in the latest financial statement. The loan amount is NTD 288.152 million, intended for working capital needs.
📋 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 09:30 (1h 30m after Collected)
1. Date of occurrence of the event: 2026/05/08
2. The balance of funds lent by a public company and its subsidiaries to others reaches 20% or more of the net value in the public company’s latest financial report:
(1) Name of the company receiving the loan: Yitai Electric Wire & Cable Co., Ltd.
(2) Relationship with the company lending the funds: Tai Ju Co., Ltd. is a 100% indirectly held subsidiary of Yitai Electric Wire & Cable Co., Ltd.
(3) Loan limit (in thousands of NTD): 309,080
(4) Loan balance as of the date of occurrence (in thousands of NTD): 288,152
(5) Reason for the loan as of the date of occurrence: Working capital needs
3. Loan balance as of the date of occurrence (in thousands of NTD): 602,136
4. Ratio of loan balance to the net value in the public company’s latest financial report as of the date of occurrence: 27.15%
5. Source of funds lent to others by the company: The subsidiary itself
6. Other matters that should be specified: None
Keywords: Material Information
2. The balance of funds lent by a public company and its subsidiaries to others reaches 20% or more of the net value in the public company’s latest financial report:
(1) Name of the company receiving the loan: Yitai Electric Wire & Cable Co., Ltd.
(2) Relationship with the company lending the funds: Tai Ju Co., Ltd. is a 100% indirectly held subsidiary of Yitai Electric Wire & Cable Co., Ltd.
(3) Loan limit (in thousands of NTD): 309,080
(4) Loan balance as of the date of occurrence (in thousands of NTD): 288,152
(5) Reason for the loan as of the date of occurrence: Working capital needs
3. Loan balance as of the date of occurrence (in thousands of NTD): 602,136
4. Ratio of loan balance to the net value in the public company’s latest financial report as of the date of occurrence: 27.15%
5. Source of funds lent to others by the company: The subsidiary itself
6. Other matters that should be specified: None
Keywords: Material Information