Green Power Technology - KY: Announcement by subsidiary Zhejiang Green Power Technology in accordance with Article 22, Paragraph 1, Subparagraph 3 of the "Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Public Companies"
Zhejiang Green Power Technology, a subsidiary of Green Power Technology - KY, has provided a new loan of NT$124.973 million (approximately 4.22% of net worth) as working capital to its subsidiary, Zhejiang Suyousheng New Material Co., Ltd. The loan is a revolving facility approved by the Board of Directors, with an annual interest rate of 3% and a lump-sum repayment within one year.
📋 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 08:42 (42 min after Collected)
1. Date of occurrence of the event: 2026/05/13
2. Recipient of the loan:
(1) Company name: Zhejiang Suyousheng New Material Co., Ltd.
(2) Relationship with the company providing the loan: It is a 100% directly owned subsidiary of Zhejiang Green Power Technology.
(3) Loan limit (in thousands of NTD): 1,299,123
(4) Original loan balance (in thousands of NTD): 0
(5) Amount of new loan (in thousands of NTD): 124,973
(6) Is it a loan authorized by the Board of Directors for the chairman to disburse in installments or on a revolving basis to the same borrowing party: Yes
(7) Loan balance as of the date of occurrence of the event (in thousands of NTD): 124,973
(8) Reason for the new loan: Working capital
3. Collateral provided by the recipient company:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Most recent financial statements of the recipient company:
(1) Capital (in thousands of NTD): 92,522
(2) Accumulated profit and loss (in thousands of NTD): -11,342
5. Interest calculation method: Annual interest rate of 3%
6. Repayment:
(1) Terms: Principal and interest to be repaid in a lump sum at maturity
(2) Date: Within one year (inclusive) from the date of disbursement
7. Loan balance as of the date of occurrence of the event (in thousands of NTD): 124,973
8. Ratio of loan balance to the net worth of the public company's most recent financial statements as of the date of occurrence of the event: 4.22%
9. Source of funds loaned to others by the company: From the subsidiary itself
10. Other matters that should be specified: None
Keywords: Material Information
2. Recipient of the loan:
(1) Company name: Zhejiang Suyousheng New Material Co., Ltd.
(2) Relationship with the company providing the loan: It is a 100% directly owned subsidiary of Zhejiang Green Power Technology.
(3) Loan limit (in thousands of NTD): 1,299,123
(4) Original loan balance (in thousands of NTD): 0
(5) Amount of new loan (in thousands of NTD): 124,973
(6) Is it a loan authorized by the Board of Directors for the chairman to disburse in installments or on a revolving basis to the same borrowing party: Yes
(7) Loan balance as of the date of occurrence of the event (in thousands of NTD): 124,973
(8) Reason for the new loan: Working capital
3. Collateral provided by the recipient company:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Most recent financial statements of the recipient company:
(1) Capital (in thousands of NTD): 92,522
(2) Accumulated profit and loss (in thousands of NTD): -11,342
5. Interest calculation method: Annual interest rate of 3%
6. Repayment:
(1) Terms: Principal and interest to be repaid in a lump sum at maturity
(2) Date: Within one year (inclusive) from the date of disbursement
7. Loan balance as of the date of occurrence of the event (in thousands of NTD): 124,973
8. Ratio of loan balance to the net worth of the public company's most recent financial statements as of the date of occurrence of the event: 4.22%
9. Source of funds loaned to others by the company: From the subsidiary itself
10. Other matters that should be specified: None
Keywords: Material Information