【PowerBright】Announcement by Subsidiary Junhui Technology Co., Ltd. in Accordance with Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Publicly Issued Companies
PowerBright's subsidiary, Junhui Technology Co., Ltd., announced an additional loan of NTD 9,483 thousand (approximately USD 300 thousand) to another subsidiary, Suzhou Ruideng Technology Co., Ltd., for operational needs. The loan is interest-free, and Suzhou Ruideng Technology Co., Ltd. has accumulated losses according to its financial reports.
📋 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 08:29 (28 min after Collected)
1. Date of occurrence of the event: 2026/05/06
2. Recipient of the loan:
(1) Company name: Suzhou Ruideng Technology Co., Ltd.
(2) Relationship with the company providing the loan:
Junhui Technology Co., Ltd. and Suzhou Ruideng Technology Co., Ltd. are both 100% wholly-owned subsidiaries of the Company.
(3) Loan limit (in thousands of NTD): 268,123
(4) Original loan balance (in thousands of NTD): 25,288
(5) Amount of new loan in this transaction (in thousands of NTD): 9,483
(6) Is this a loan authorized by the Board of Directors for the chairman to disburse in installments or as a revolving loan to the same borrower: No
(7) Loan balance as of the date of occurrence (in thousands of NTD): 34,771
(8) Reason for the new loan in this transaction:
Operational needs.
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Most recent financial report of the recipient of the loan:
(1) Capital (in thousands of NTD): 200,951
(2) Accumulated profit and loss (in thousands of NTD): -261,609
5. Interest calculation method:
Interest-free.
6. Repayment:
(1) Conditions:
Can be repaid in installments, or early repayment can be agreed upon by both parties.
(2) Date:
1 year from the loan date.
7. Loan balance as of the date of occurrence (in thousands of NTD):
352,903
8. Ratio of loan balance to the net worth in the most recent financial report of the publicly issued company as of the date of occurrence:
140.24%
9. Source of funds loaned to others by the company:
The subsidiary itself
10. Other matters to be specified:
(1) The financial report of Suzhou Ruideng Technology Co., Ltd. is based on the self-compiled financial report approved by the Board of Directors for the first quarter of 2026.
(2) The Board of Directors approved on May 6, 2026, that the subsidiary Junhui Technology Co., Ltd. will provide a new loan to Suzhou Ruideng Technology Co., Ltd. for USD 300 thousand * exchange rate 31.61 = NTD 9,483 thousand, as a one-time disbursement.
(3) Exchange rates used are: RMB to NTD 4.606; USD to NTD 31.61; HKD to NTD 4.011, as of the end of April 2026.
2. Recipient of the loan:
(1) Company name: Suzhou Ruideng Technology Co., Ltd.
(2) Relationship with the company providing the loan:
Junhui Technology Co., Ltd. and Suzhou Ruideng Technology Co., Ltd. are both 100% wholly-owned subsidiaries of the Company.
(3) Loan limit (in thousands of NTD): 268,123
(4) Original loan balance (in thousands of NTD): 25,288
(5) Amount of new loan in this transaction (in thousands of NTD): 9,483
(6) Is this a loan authorized by the Board of Directors for the chairman to disburse in installments or as a revolving loan to the same borrower: No
(7) Loan balance as of the date of occurrence (in thousands of NTD): 34,771
(8) Reason for the new loan in this transaction:
Operational needs.
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Most recent financial report of the recipient of the loan:
(1) Capital (in thousands of NTD): 200,951
(2) Accumulated profit and loss (in thousands of NTD): -261,609
5. Interest calculation method:
Interest-free.
6. Repayment:
(1) Conditions:
Can be repaid in installments, or early repayment can be agreed upon by both parties.
(2) Date:
1 year from the loan date.
7. Loan balance as of the date of occurrence (in thousands of NTD):
352,903
8. Ratio of loan balance to the net worth in the most recent financial report of the publicly issued company as of the date of occurrence:
140.24%
9. Source of funds loaned to others by the company:
The subsidiary itself
10. Other matters to be specified:
(1) The financial report of Suzhou Ruideng Technology Co., Ltd. is based on the self-compiled financial report approved by the Board of Directors for the first quarter of 2026.
(2) The Board of Directors approved on May 6, 2026, that the subsidiary Junhui Technology Co., Ltd. will provide a new loan to Suzhou Ruideng Technology Co., Ltd. for USD 300 thousand * exchange rate 31.61 = NTD 9,483 thousand, as a one-time disbursement.
(3) Exchange rates used are: RMB to NTD 4.606; USD to NTD 31.61; HKD to NTD 4.011, as of the end of April 2026.