[Zenitron] Announcement regarding inter-subsidiary funding
Zenitron announced that its subsidiary, Zenitron (Shanghai) International Trading, will provide a loan of NT$232.15 million to Hongqu (Shanghai) Trading for operational working capital.
📋 Article Processing Timeline
- 📰 Published: May 25, 2026 at 09:00
- 🔍 Collected: May 26, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 1, 2026 at 23:39 (159h 39m after Collected)
1. Date of occurrence: 115/05/25. 2. Recipient: (1) Name: Hongqu (Shanghai) Trading Co., Ltd. (2) Relationship: Both are 100% indirectly held subsidiaries. (3) Limit: 563,358k TWD. (4) Previous balance: 0. (5) New loan: 232,150k TWD. (6) Board authorization: Yes. (7) Current balance: 232,150k TWD. (8) Purpose: Working capital. 3. Collateral: None. 4. Financials: Capital 128,815k TWD, Retained earnings 291,702k TWD. 5. Interest: Per contract. 6. Repayment: At maturity, early repayment allowed. 7. Total balance: 2,630,280k TWD. 8. Ratio to net worth: 41.29%. 9. Source: Subsidiary's own funds. 10. Other: None.
FAQ
What is the significance?
Ensuring transparency in intra-group capital allocation.