Liming Company Processes According to Article 22, Paragraph 1, Item 3 of the "Regulations Governing Lending and Guaranteeing of Funds by Public Companies"
Liming Company has approved a new loan of USD 300,000 (approx. 18.966 million TWD) to its subsidiary, Anhui Ruicheng Electronic Technology Co., Ltd., on May 6, 2026. The loan, with an annual interest rate of 2.55% and a term of one year, is for operational needs. The total outstanding loan balance to this subsidiary now stands at approx. 28.449 million TWD.
📋 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 08:10 (10 min after Collected)
1. Date of event: May 6, 2026 2. Recipient of fund lending: (1) Company name: Anhui Ruicheng Electronic Technology Co., Ltd. (2) Relationship with the company providing the loan: A subsidiary 100% owned by the company's invested subsidiary. (3) Loan limit (thousand yuan): 100,658 (4) Original outstanding loan balance (thousand yuan): 9,483 (5) Amount of new loan extended this time (thousand yuan): 18,966 (6) Whether the board of directors has authorized the chairman to make multiple disbursements or revolving use of funds to the same borrower: No (7) Outstanding loan balance as of the date of occurrence (thousand yuan): 28,449 (8) Reason for new loan extension: Operational needs. 3. Collateral provided by the company receiving the loan: (1) Content: None (2) Value (thousand yuan): 0 4. Latest financial statements of the company receiving the loan: (1) Capital (thousand yuan): 55,272 (2) Accumulated profit/loss amount (thousand yuan): -30,450 5. Interest calculation method: Annual interest rate of 2.55% 6. Repayment terms: (1) Conditions: Can be repaid in installments, or repaid early upon mutual agreement. (2) Date: Within one year from the loan date. 7. Outstanding loan balance as of the date of occurrence (thousand yuan): 352,903 8. Ratio of outstanding loan balance as of the date of occurrence to the net worth in the latest financial statements of the public company: 140.24 9. Source of funds lent by the company: Parent company 10. Other matters to be noted: (1) The financial statements of Anhui Ruicheng Electronic Technology Co., Ltd. are based on the self-audited financial statements approved by the board of directors in the first quarter of 2026. (2) On May 6, 2026, the board of directors approved the company's new loan to subsidiary Anhui Ruicheng Electronic Technology Co., Ltd. The new loan amounts to USD 300,000 * exchange rate of 31.61 = NTD 18,966 thousand yuan, for a single disbursement. (3) Exchange rates are calculated based on RMB to TWD at 4.606 and USD to TWD at 31.61 as of the end of April 2026. Keywords: Material Information