Announcement of Loan Balance to Subsidiary Reaching Over 10% of Net Worth and Board Approval for New Loan Exceeding NT$10 Million and 2% of Net Worth

1. Date of event: 115/05/11
2. Recipient of funds:
(1) Company name: Huìyǒu Electronics (USA) Inc.
(2) Relationship with the company lending funds: Wholly-owned overseas subsidiary.
(3) Limit of funds lent (thousand yuan): 51,580
(4) Outstanding balance of original funds lent (thousand yuan): 16,689
(5) Amount of new funds lent this time (thousand yuan): 16,689
(6) Whether the board of directors authorized the chairman to disburse funds to the same borrower in installments or for revolving use: Yes
(7) Outstanding balance of funds lent up to the date of the event (thousand yuan): 33,378
(8) Reason for new funds lent this time:
To allow the US subsidiary to take out new debt to repay old debt, thus adding new short-term financing.
3. Collateral provided by the company receiving funds:
(1) Content: None
(2) Value (thousand yuan): 0
4. Latest financial statements of the company receiving funds:
(1) Capital (thousand yuan): 51,717
(2) Accumulated profit/loss amount (thousand yuan): -101,312
5. Interest calculation method:
Calculated daily.
6. Repayment terms:
(1) Conditions: The loan term is one year, and the borrower may repay at any time.
(2) Date: The loan term is one year, with repayment due by May 10, 116.
7. Outstanding balance of funds lent up to the date of the event (thousand yuan):
33,378
8. Ratio of outstanding balance of funds lent by the company to public companies' latest financial statement net worth up to the date of the event:
6.47
9. Source of funds lent by the company:
Financial institutions, parent company.
10. Other matters to be noted: None
Keywords: Material Information