[Taihwa Holdings] Announcement Regarding Outstanding Balance of Funds Lent to Company and Subsidiaries Exceeding Threshold in "Regulations Governing Fund Lending and Endorsement/Guarantee by Publicly Offered Companies"
Taihwa Holdings announced that its outstanding loans to subsidiaries, including Zhongchan (Guangzhou) Commercial Factoring Co., Ltd. and Taihwa International Holdings Co., Ltd., have reached a total balance of 2,720,029 thousand yuan, representing 27.64% of the company's net worth.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 09:00
- 🔍 Collected: May 1, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 1, 2026 at 11:27 (3h 27m after Collected)
1. Date of Fact Occurrence: 115/04/30
2. Recipient of Fund Lending:
(1) Company Name: Zhongchan (Guangzhou) Commercial Factoring Co., Ltd.
(2) Relationship with Company Lending Funds: It is its parent company.
(3) Lending Limit (thousand yuan): 824,411
(4) Original Outstanding Loan Balance (thousand yuan): 324,639
(5) Amount of New Funds Lent This Time (thousand yuan): 324,639
(6) Whether this fund lending is authorized by the board of directors for phased disbursement or revolving use by the same borrower: Yes
(7) Outstanding Loan Balance as of the Date of Fact Occurrence (thousand yuan): 649,278
(8) Reason for New Funds Lent This Time:
Business operations turnover
(1) Company Name: Taihwa International Holdings Co., Ltd.
(2) Relationship with Company Lending Funds: It is its subsidiary.
(3) Lending Limit (thousand yuan): 1,595,461
(4) Original Outstanding Loan Balance (thousand yuan): 0
(5) Amount of New Funds Lent This Time (thousand yuan): 641,800
(6) Whether this fund lending is authorized by the board of directors for phased disbursement or revolving use by the same borrower: Yes
(7) Outstanding Loan Balance as of the Date of Fact Occurrence (thousand yuan): 641,800
(8) Reason for New Funds Lent This Time:
Business operations turnover
3. Collateral Provided by Company Receiving Fund Lending:
(1) Content:
None.
(2) Value (thousand yuan): 0
4. Company's Most Recent Financial Statement Receiving Fund Lending:
(1) Capital (thousand yuan): 1,650,237
(2) Accumulated Profit/Loss Amount (thousand yuan): 4,579,001
5. Interest Calculation Method:
According to contract provisions
6. Repayment:
(1) Conditions:
Repay principal upon maturity
(2) Date:
April 29, 116
7. Outstanding Loan Balance as of the Date of Fact Occurrence (thousand yuan):
2,720,029
8. Ratio of Outstanding Loan Balance as of the Date of Fact Occurrence to the Net Worth of the Publicly Offered Company's Most Recent Financial Statement:
27.64
9. Source of Company's Funds Lent to Others:
Subsidiaries themselves
10. Other Matters to be Noted:
Companies receiving fund lending are respectively:
1. Zhongchan (Guangzhou) Commercial Factoring Co., Ltd., with a capital of 231,885 thousand yuan and a recent audited or reviewed accumulated loss of 87,098 thousand yuan.
2. Taihwa International Holdings Co., Ltd., with a capital of 1,418,352 thousand yuan and recent audited or reviewed undistributed earnings of 4,666,099 thousand yuan.
Keywords: Significant Information
2. Recipient of Fund Lending:
(1) Company Name: Zhongchan (Guangzhou) Commercial Factoring Co., Ltd.
(2) Relationship with Company Lending Funds: It is its parent company.
(3) Lending Limit (thousand yuan): 824,411
(4) Original Outstanding Loan Balance (thousand yuan): 324,639
(5) Amount of New Funds Lent This Time (thousand yuan): 324,639
(6) Whether this fund lending is authorized by the board of directors for phased disbursement or revolving use by the same borrower: Yes
(7) Outstanding Loan Balance as of the Date of Fact Occurrence (thousand yuan): 649,278
(8) Reason for New Funds Lent This Time:
Business operations turnover
(1) Company Name: Taihwa International Holdings Co., Ltd.
(2) Relationship with Company Lending Funds: It is its subsidiary.
(3) Lending Limit (thousand yuan): 1,595,461
(4) Original Outstanding Loan Balance (thousand yuan): 0
(5) Amount of New Funds Lent This Time (thousand yuan): 641,800
(6) Whether this fund lending is authorized by the board of directors for phased disbursement or revolving use by the same borrower: Yes
(7) Outstanding Loan Balance as of the Date of Fact Occurrence (thousand yuan): 641,800
(8) Reason for New Funds Lent This Time:
Business operations turnover
3. Collateral Provided by Company Receiving Fund Lending:
(1) Content:
None.
(2) Value (thousand yuan): 0
4. Company's Most Recent Financial Statement Receiving Fund Lending:
(1) Capital (thousand yuan): 1,650,237
(2) Accumulated Profit/Loss Amount (thousand yuan): 4,579,001
5. Interest Calculation Method:
According to contract provisions
6. Repayment:
(1) Conditions:
Repay principal upon maturity
(2) Date:
April 29, 116
7. Outstanding Loan Balance as of the Date of Fact Occurrence (thousand yuan):
2,720,029
8. Ratio of Outstanding Loan Balance as of the Date of Fact Occurrence to the Net Worth of the Publicly Offered Company's Most Recent Financial Statement:
27.64
9. Source of Company's Funds Lent to Others:
Subsidiaries themselves
10. Other Matters to be Noted:
Companies receiving fund lending are respectively:
1. Zhongchan (Guangzhou) Commercial Factoring Co., Ltd., with a capital of 231,885 thousand yuan and a recent audited or reviewed accumulated loss of 87,098 thousand yuan.
2. Taihwa International Holdings Co., Ltd., with a capital of 1,418,352 thousand yuan and recent audited or reviewed undistributed earnings of 4,666,099 thousand yuan.
Keywords: Significant Information