HTC: Board of Directors Resolves to Provide Endorsement Guarantee for Important Subsidiary H.T.C. (B.V.I.) Corp.
HTC's Board of Directors resolved to provide an endorsement guarantee for its wholly-owned subsidiary, H.T.C. (B.V.I.) Corp., for a bank loan application, with a new guarantee amount of NTD 4.66 billion.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (47h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 09:16 (1h 16m after Collected)
1. Date of occurrence of the event: 2026/05/05
2. The endorsed/guaranteed entity:
(1) Company name: H.T.C. (B.V.I.) Corp.
(2) Relationship with the company providing endorsement/guarantee: Wholly-owned subsidiary of our company
(3) Endorsement/guarantee limit (NTD thousands): 5,416,418
(4) Original endorsement/guarantee balance (NTD thousands): 0
(5) Amount of new endorsement/guarantee (NTD thousands): 4,660,000
(6) Endorsement/guarantee balance as of the date of occurrence (NTD thousands): 4,660,000
(7) Actual amount utilized by the endorsed/guaranteed company (NTD thousands): 0
(8) Reason for new endorsement/guarantee: The subsidiary intends to apply for a bank loan facility, and our company provides endorsement/guarantee within the facility limit.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None
(2) Value (NTD thousands): 0
4. Latest financial report of the endorsed/guaranteed company:
(1) Capital (NTD thousands): 4,840,466
(2) Accumulated profit/loss (NTD thousands): 1,064,425
5. Conditions for lifting endorsement/guarantee liability:
(1) Conditions: As per contract
(2) Date: As per contract
6. Total endorsement/guarantee limit (NTD thousands): 13,541,046
7. Endorsement/guarantee balance as of the date of occurrence (NTD thousands): 9,320,000
8. Ratio of endorsement/guarantee balance to net worth of publicly issued company's latest financial report as of the date of occurrence: 34.41%
9. Ratio of total endorsement/guarantee, long-term investments, and loans to others balance to net worth of publicly issued company's latest financial report as of the date of occurrence: 59.69%
10. Other matters that should be specified:
A. Except for item B below, the USD to TWD exchange rate is calculated at 32.0000.
B. The latest financial report audited by a CPA for the endorsed/guaranteed company is the 2024 annual financial report; therefore, the USD to TWD exchange rate for these two items is calculated using the 2024/12/31 exchange rate of 32.79.
2. The endorsed/guaranteed entity:
(1) Company name: H.T.C. (B.V.I.) Corp.
(2) Relationship with the company providing endorsement/guarantee: Wholly-owned subsidiary of our company
(3) Endorsement/guarantee limit (NTD thousands): 5,416,418
(4) Original endorsement/guarantee balance (NTD thousands): 0
(5) Amount of new endorsement/guarantee (NTD thousands): 4,660,000
(6) Endorsement/guarantee balance as of the date of occurrence (NTD thousands): 4,660,000
(7) Actual amount utilized by the endorsed/guaranteed company (NTD thousands): 0
(8) Reason for new endorsement/guarantee: The subsidiary intends to apply for a bank loan facility, and our company provides endorsement/guarantee within the facility limit.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None
(2) Value (NTD thousands): 0
4. Latest financial report of the endorsed/guaranteed company:
(1) Capital (NTD thousands): 4,840,466
(2) Accumulated profit/loss (NTD thousands): 1,064,425
5. Conditions for lifting endorsement/guarantee liability:
(1) Conditions: As per contract
(2) Date: As per contract
6. Total endorsement/guarantee limit (NTD thousands): 13,541,046
7. Endorsement/guarantee balance as of the date of occurrence (NTD thousands): 9,320,000
8. Ratio of endorsement/guarantee balance to net worth of publicly issued company's latest financial report as of the date of occurrence: 34.41%
9. Ratio of total endorsement/guarantee, long-term investments, and loans to others balance to net worth of publicly issued company's latest financial report as of the date of occurrence: 59.69%
10. Other matters that should be specified:
A. Except for item B below, the USD to TWD exchange rate is calculated at 32.0000.
B. The latest financial report audited by a CPA for the endorsed/guaranteed company is the 2024 annual financial report; therefore, the USD to TWD exchange rate for these two items is calculated using the 2024/12/31 exchange rate of 32.79.