【Jia Nian】Announcement of increased endorsement guarantee amount for subsidiary Jia Xin Asset Management and Development Co., Ltd. exceeding NT$30 million and 5% of the latest disclosed net worth of a public offering company.
Jia Nian announced an increase of NT$1.5 billion in endorsement guarantees for its subsidiary, Jia Xin Asset Management and Development Co., Ltd., to support bank financing. This brings the total guarantee balance to NT$9.35 billion.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:47 (47 min after Collected)
1. Date of occurrence: 115/05/08
2. Company for which endorsement/guarantee is provided:
(1) Company name: Jia Xin Cement Corporation
(2) Relationship with endorser/guarantor: Parent-subsidiary relationship
(3) Endorsement/guarantee limit (K NTD): 18,153,815
(4) Remaining balance of original endorsement/guarantee (K NTD): 6,260,000
(5) Amount of new endorsement/guarantee (K NTD): 1,500,000
(6) Endorsement/guarantee balance as of the date of occurrence (K NTD): 7,760,000
(7) Actual amount utilized by the endorsed/guaranteed company (K NTD): 5,138,750
(8) Reason for new endorsement/guarantee: Bank financing.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None
(2) Value (K NTD): 0
4. Latest financial statement of the endorsed/guaranteed company:
(1) Capital (K NTD): 7,902,474
(2) Accumulated profit/loss (K NTD): 5,498,182
5. Conditions for release of endorsement/guarantee liability:
(1) Conditions: Debt fully repaid
(2) Date: As per contract.
6. Total limit of endorsement/guarantee (K NTD): 36,307,630
7. Endorsement/guarantee balance as of the date of occurrence (K NTD): 9,351,030
8. As of the date of occurrence, the ratio of endorsement/guarantee balance provided by A to the net worth of the public offering company's latest financial statement: 0.52
9. As of the date of occurrence, the ratio of the sum of endorsement/guarantee, long-term investment, and lending of funds to the net worth of the public offering company's latest financial statement: 0.43
10. Other matters to be noted: A renewal was approved by the board of directors before the expiration of the old contract, leading to a duplicate calculation of the endorsement/guarantee balance.
2. Company for which endorsement/guarantee is provided:
(1) Company name: Jia Xin Cement Corporation
(2) Relationship with endorser/guarantor: Parent-subsidiary relationship
(3) Endorsement/guarantee limit (K NTD): 18,153,815
(4) Remaining balance of original endorsement/guarantee (K NTD): 6,260,000
(5) Amount of new endorsement/guarantee (K NTD): 1,500,000
(6) Endorsement/guarantee balance as of the date of occurrence (K NTD): 7,760,000
(7) Actual amount utilized by the endorsed/guaranteed company (K NTD): 5,138,750
(8) Reason for new endorsement/guarantee: Bank financing.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None
(2) Value (K NTD): 0
4. Latest financial statement of the endorsed/guaranteed company:
(1) Capital (K NTD): 7,902,474
(2) Accumulated profit/loss (K NTD): 5,498,182
5. Conditions for release of endorsement/guarantee liability:
(1) Conditions: Debt fully repaid
(2) Date: As per contract.
6. Total limit of endorsement/guarantee (K NTD): 36,307,630
7. Endorsement/guarantee balance as of the date of occurrence (K NTD): 9,351,030
8. As of the date of occurrence, the ratio of endorsement/guarantee balance provided by A to the net worth of the public offering company's latest financial statement: 0.52
9. As of the date of occurrence, the ratio of the sum of endorsement/guarantee, long-term investment, and lending of funds to the net worth of the public offering company's latest financial statement: 0.43
10. Other matters to be noted: A renewal was approved by the board of directors before the expiration of the old contract, leading to a duplicate calculation of the endorsement/guarantee balance.