[康控-KY] Announcement of Intercompany Loan to Subsidiary
康控-KY announced on May 20, 2026, that its subsidiary, Kunshan Kanglong Electronics, will provide a loan of 30.797 million NTD to Kunshan Haojun Precision Electronics for operational needs, repayable by May 19, 2028.
📋 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 08:22 (22 min after Collected)
1. Date of Occurrence: May 20, 2026
2. Borrower:
(1) Company Name: Kunshan Haojun Precision Electronics Co., Ltd.
(2) Relationship: Subsidiary
(3) Loan Limit (in thousands): 294,021
(4) Existing Balance (in thousands): 39,815
(5) Incremental Loan (in thousands): 30,797
(6) Authorized by Board for multiple drawdowns: No
(7) Current Balance (in thousands): 70,612
(8) Reason for Loan: Operational needs
3. Collateral: None
4. Borrower's Recent Financials:
(1) Capital (in thousands): 38,364
(2) Accumulated Profit/Loss (in thousands): -445,201
5. Interest Calculation: In accordance with our procedures
6. Repayment Terms:
(1) Deadline: May 19, 2028
7. Total Loan Balance (in thousands): 466,961
8. Ratio to Net Worth: 266.65%
9. Source of Funds: Subsidiary's own funds
10. Other: None
2. Borrower:
(1) Company Name: Kunshan Haojun Precision Electronics Co., Ltd.
(2) Relationship: Subsidiary
(3) Loan Limit (in thousands): 294,021
(4) Existing Balance (in thousands): 39,815
(5) Incremental Loan (in thousands): 30,797
(6) Authorized by Board for multiple drawdowns: No
(7) Current Balance (in thousands): 70,612
(8) Reason for Loan: Operational needs
3. Collateral: None
4. Borrower's Recent Financials:
(1) Capital (in thousands): 38,364
(2) Accumulated Profit/Loss (in thousands): -445,201
5. Interest Calculation: In accordance with our procedures
6. Repayment Terms:
(1) Deadline: May 19, 2028
7. Total Loan Balance (in thousands): 466,961
8. Ratio to Net Worth: 266.65%
9. Source of Funds: Subsidiary's own funds
10. Other: None
FAQ
What is the purpose of this loan?
To secure operational funds for the subsidiary, Kunshan Haojun Precision Electronics Co., Ltd.
What are the repayment terms?
Repayment is required by May 19, 2028.
Why is this information disclosed?
To ensure transparency in intra-group financial flows and report the financial status to investors.