Kenda Rubber Announces Endorsements and Guarantees for Global Subsidiaries' Financing
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 16, 2026 at 00:27 (64h 26m after Collected)
Kenda Rubber Industrial Co., Ltd. announced on May 12, 2026, that it has provided credit guarantees to 12 of its global subsidiaries, including branches in Europe, the United States, China, and Indonesia, to facilitate their bank financing needs. The cumulative guarantee balance has reached approximately TWD 10.99 billion, representing 56.22% of the company's latest audited net worth, complying with regulatory disclosure requirements for public companies.