Bao Lut Te-KY Announces NT$671.288 Million Loan to Subsidiaries and Affiliates
Bao Lut Te-KY (寶綠特-KY) has announced a loan of NT$671,288,000 to its subsidiaries and affiliated companies, primarily for working capital. This amount represents 22.66% of the company's latest net assets, as per the "Regulations Governing the Lending of Funds and Making of Endorsements/Guarantees by Publicly Issued Companies."
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 08:52 (52 min after Collected)
On May 13, 2026 (115/05/13), Bao Lut Te-KY announced a significant financial assistance measure, lending funds to its subsidiaries and affiliated companies. This action is in accordance with Article 22, Paragraph 1, Item 1 of the "Regulations Governing the Lending of Funds and Making of Endorsements/Guarantees by Publicly Issued Companies." The total outstanding loan balance as of the announcement date reached NT$671,288,000, which constitutes 22.66% of the company's net assets based on its most recent financial statements.
The recipients of these loans include Bao Lut Te Resource Recycling Technology Co., Ltd. (寶綠特資源再生科技股份有限公司), a wholly-owned subsidiary, and affiliated companies Zhejiang Anshun Chemical Fiber Co., Ltd. (浙江安順化纖有限公司) and Zhejiang SuYouSheng New Material Co., Ltd. (浙江塑優生新材料有限公司).
Specifically, Bao Lut Te Resource Recycling Technology Co., Ltd. is receiving loans for working capital needs. The approved credit limit for this subsidiary is NT$1,185,101,000, with an outstanding balance of NT$158,300,000 as of the reporting date. In a separate capacity as a related company, the approved limit is NT$519,649,000, with an outstanding balance of NT$87,065,000.
Zhejiang Anshun Chemical Fiber Co., Ltd., also a related company, has an approved loan limit of NT$1,299,123,000, with an outstanding balance of NT$300,950,000 for its working capital requirements.
Zhejiang SuYouSheng New Material Co., Ltd., described as a subsidiary of the entity providing the loan (though the original text indicates it's a subsidiary of the lending company, which is unusual phrasing for a related company), has an approved limit of NT$1,299,123,000, with an outstanding balance of NT$124,973,000 for its working capital needs.
The source of these funds is stated to be the company's own capital.
The recipients of these loans include Bao Lut Te Resource Recycling Technology Co., Ltd. (寶綠特資源再生科技股份有限公司), a wholly-owned subsidiary, and affiliated companies Zhejiang Anshun Chemical Fiber Co., Ltd. (浙江安順化纖有限公司) and Zhejiang SuYouSheng New Material Co., Ltd. (浙江塑優生新材料有限公司).
Specifically, Bao Lut Te Resource Recycling Technology Co., Ltd. is receiving loans for working capital needs. The approved credit limit for this subsidiary is NT$1,185,101,000, with an outstanding balance of NT$158,300,000 as of the reporting date. In a separate capacity as a related company, the approved limit is NT$519,649,000, with an outstanding balance of NT$87,065,000.
Zhejiang Anshun Chemical Fiber Co., Ltd., also a related company, has an approved loan limit of NT$1,299,123,000, with an outstanding balance of NT$300,950,000 for its working capital requirements.
Zhejiang SuYouSheng New Material Co., Ltd., described as a subsidiary of the entity providing the loan (though the original text indicates it's a subsidiary of the lending company, which is unusual phrasing for a related company), has an approved limit of NT$1,299,123,000, with an outstanding balance of NT$124,973,000 for its working capital needs.
The source of these funds is stated to be the company's own capital.
FAQ
What is the total amount of funds lent by Bao Lut Te-KY to its subsidiaries and affiliates?
The total outstanding loan balance as of May 13, 2026, is NT$671,288,000.
What percentage of Bao Lut Te-KY's net assets does this loan represent?
The loan amount represents 22.66% of the company's net assets based on its latest financial statements.
What is the primary purpose of these loans?
The primary purpose of these loans is to meet the working capital needs of the subsidiaries and affiliated companies.
Which companies are receiving these loans?
The recipients include Bao Lut Te Resource Recycling Technology Co., Ltd., Zhejiang Anshun Chemical Fiber Co., Ltd., and Zhejiang SuYouSheng New Material Co., Ltd.
What is the source of the funds being lent?
The funds are sourced from Bao Lut Te-KY's own capital.