[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"

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