Guān Xīng-KY Announces Subsidiary Loan to Top Sports Textile Vietnam Co., Ltd.
Guān Xīng-KY announced on May 11, 2026, that its subsidiary, THRIVE NATION GROUP LIMITED, is providing a short-term fund loan of 94,980 thousand TWD to its wholly-owned subsidiary, Top Sports Textile Vietnam Co., Ltd. The total outstanding loan balance related to this announcement reaches 427,410 thousand TWD.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 21:58 (13h 58m after Collected)
1. Date of event: 115/05/11 (2026/05/11)
2. Recipient of funds:
(1) Company name: Top Sports Textile Vietnam Co., Ltd.
(2) Relationship with the company providing the funds: Wholly-owned subsidiary of THRIVE NATION GROUP LIMITED
(3) Limit of fund lending (thousand units): 1,526,198
(4) Outstanding balance of original fund lending (thousand units): 332,430
(5) Amount of new fund lending in this instance (thousand units): 94,980
(6) Whether the board of directors authorized the chairman to lend to the same borrower in installments or for revolving use: Yes
(7) Outstanding balance of fund lending up to the date of event (thousand units): 427,410
(8) Reason for new fund lending: Short-term fund lending
3. Collateral provided by the company receiving funds:
(1) Content: None
(2) Value (thousand units): 0
4. Most recent financial statement of the company receiving funds:
(1) Capital (thousand units): 1,167,818
(2) Accumulated profit/loss amount (thousand units): -362,270
5. Interest calculation method:
As per contract
6. Repayment:
(1) Conditions: As per contract
(2) Date: As per contract
7. Outstanding balance of funds lent to others up to the date of event (thousand units):
3,260,074
8. Ratio of outstanding fund lending balance to the net worth in the public issuer's most recent financial statement:
92.47
9. Source of funds lent to others by the company:
Subsidiary's own funds
10. Other matters to be stated:
1. Calculated using Taiwan Bank's end-of-period exchange rate of 31.66 on 115/4/30 (2026/04/30).
2. The capital and accumulated profit/loss amounts in the most recent financial statement of the company receiving funds are audited figures for the first quarter of 2026.
2. Recipient of funds:
(1) Company name: Top Sports Textile Vietnam Co., Ltd.
(2) Relationship with the company providing the funds: Wholly-owned subsidiary of THRIVE NATION GROUP LIMITED
(3) Limit of fund lending (thousand units): 1,526,198
(4) Outstanding balance of original fund lending (thousand units): 332,430
(5) Amount of new fund lending in this instance (thousand units): 94,980
(6) Whether the board of directors authorized the chairman to lend to the same borrower in installments or for revolving use: Yes
(7) Outstanding balance of fund lending up to the date of event (thousand units): 427,410
(8) Reason for new fund lending: Short-term fund lending
3. Collateral provided by the company receiving funds:
(1) Content: None
(2) Value (thousand units): 0
4. Most recent financial statement of the company receiving funds:
(1) Capital (thousand units): 1,167,818
(2) Accumulated profit/loss amount (thousand units): -362,270
5. Interest calculation method:
As per contract
6. Repayment:
(1) Conditions: As per contract
(2) Date: As per contract
7. Outstanding balance of funds lent to others up to the date of event (thousand units):
3,260,074
8. Ratio of outstanding fund lending balance to the net worth in the public issuer's most recent financial statement:
92.47
9. Source of funds lent to others by the company:
Subsidiary's own funds
10. Other matters to be stated:
1. Calculated using Taiwan Bank's end-of-period exchange rate of 31.66 on 115/4/30 (2026/04/30).
2. The capital and accumulated profit/loss amounts in the most recent financial statement of the company receiving funds are audited figures for the first quarter of 2026.