[Dayang-KY] Announcement Regarding Fund Lending by Subsidiary Wuhan Dayang Crystal Commercial Development
Dayang-KY announced that its subsidiary will lend 55.547 million TWD to Hengyang Dayang Commercial Development for operating funds.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 09:12 (1h 12m after Collected)
1. Date of Occurrence: May 20, 2026
2. Counterparty:
(1) Company Name: Hengyang Dayang Commercial Development Co., Ltd.
(2) Relationship: A wholly-owned investment subsidiary
(3) Loan Limit (in thousands of TWD): 16,504,330
(4) Existing Balance (in thousands of TWD): 190,434
(5) New Loan Amount (in thousands of TWD): 55,547
(6) Authorized by Board for recurring use: Yes
(7) Current Balance as of date of occurrence (in thousands of TWD): 245,981
(8) Purpose: Operational needs
3. Collateral:
(1) Content: None
(2) Value: 0
4. Financial Status of Counterparty:
(1) Capital: 92,479
(2) Accumulated Losses: -550,695
5. Interest: None
6. Repayment:
(1) Terms: None
(2) Deadline: Within three years
7. Total Loan Balance as of date of occurrence: 12,390,322
8. Ratio to Net Worth: 327.62%
9. Source of Funds: Financial institutions, parent company
10. Other Remarks: None
2. Counterparty:
(1) Company Name: Hengyang Dayang Commercial Development Co., Ltd.
(2) Relationship: A wholly-owned investment subsidiary
(3) Loan Limit (in thousands of TWD): 16,504,330
(4) Existing Balance (in thousands of TWD): 190,434
(5) New Loan Amount (in thousands of TWD): 55,547
(6) Authorized by Board for recurring use: Yes
(7) Current Balance as of date of occurrence (in thousands of TWD): 245,981
(8) Purpose: Operational needs
3. Collateral:
(1) Content: None
(2) Value: 0
4. Financial Status of Counterparty:
(1) Capital: 92,479
(2) Accumulated Losses: -550,695
5. Interest: None
6. Repayment:
(1) Terms: None
(2) Deadline: Within three years
7. Total Loan Balance as of date of occurrence: 12,390,322
8. Ratio to Net Worth: 327.62%
9. Source of Funds: Financial institutions, parent company
10. Other Remarks: None
FAQ
Why is the company lending funds to a subsidiary?
Because the subsidiary, Hengyang Dayang Commercial Development, requires funds for its operations.
Is there a deadline for repayment?
The loan must be fully repaid within three years.
What should be noted about the loan ratio?
The total loan balance, including this transaction, is 327.62% of the net assets in the most recent financial statement.