[Zhen Da Global] Announcement on behalf of subsidiary GIANT LANCE INTERNATION LTD. pursuant to Article 22, Paragraph 1, Item 3 of the Regulations Governing Fund Lending and Endorsement Guarantees by Publicly Issued Companies
Zhen Da Global announced a new loan of NT$313.85 million from its subsidiary GIANT LANCE INTERNATION LTD. to another wholly-owned subsidiary, GREAT BAOBAB GARMENT SARLU, to support its expansion and operational needs.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 22:13 (14h 13m after Collected)
1. Date of fact occurrence: 115/05/11
2. Recipient of fund lending:
(1) Company name: GREAT BAOBAB GARMENT SARLU
(2) Relationship with the company to whom funds are lent: GIANT LANCE INTERNATION LTD. and GREAT BAOBAB GARMENT SARLU are both wholly-owned subsidiaries of this Company.
(3) Limit of fund lending (thousands of Yuan): 6,583,509
(4) Remaining balance of previous fund lending (thousands of Yuan): 0
(5) Amount of new fund lending (thousands of Yuan): 313,850
(6) Whether it is fund lending authorized by the Board of Directors to be disbursed or used cyclically by the same borrower: Yes
(7) Outstanding balance of fund lending up to the date of fact occurrence (thousands of Yuan): 313,850
(8) Reason for the new fund lending:
To support BAOBAB company's future production expansion and operating capital needs.
3. Collateral provided by the company receiving fund lending:
(1) Content: None
(2) Value (thousands of Yuan): 0
4. Latest financial statement of the company receiving fund lending:
(1) Capital (thousands of Yuan): 177,627
(2) Accumulated profit (loss) amount (thousands of Yuan): 283
5. Interest calculation method:
Interest-free
6. Repayment:
(1) Conditions: As per contract
(2) Date: As per contract
7. Outstanding balance of fund lending up to the date of fact occurrence (thousands of Yuan):
313,850
8. Ratio of outstanding balance of fund lending up to the date of fact occurrence to the net worth in the latest financial statement of the publicly issued company:
4.77
9. Source of funds lent by the company:
Subsidiary's own funds
10. Other matters to be noted:
1. Zhen Da Global's Q1 115 net equity = 6,583,509 thousand Yuan.
2. The exchange rate of USD to TWD was calculated based on the average exchange rate of Shanghai Commercial Bank on 115/5/11, which is 31.385.
2. Recipient of fund lending:
(1) Company name: GREAT BAOBAB GARMENT SARLU
(2) Relationship with the company to whom funds are lent: GIANT LANCE INTERNATION LTD. and GREAT BAOBAB GARMENT SARLU are both wholly-owned subsidiaries of this Company.
(3) Limit of fund lending (thousands of Yuan): 6,583,509
(4) Remaining balance of previous fund lending (thousands of Yuan): 0
(5) Amount of new fund lending (thousands of Yuan): 313,850
(6) Whether it is fund lending authorized by the Board of Directors to be disbursed or used cyclically by the same borrower: Yes
(7) Outstanding balance of fund lending up to the date of fact occurrence (thousands of Yuan): 313,850
(8) Reason for the new fund lending:
To support BAOBAB company's future production expansion and operating capital needs.
3. Collateral provided by the company receiving fund lending:
(1) Content: None
(2) Value (thousands of Yuan): 0
4. Latest financial statement of the company receiving fund lending:
(1) Capital (thousands of Yuan): 177,627
(2) Accumulated profit (loss) amount (thousands of Yuan): 283
5. Interest calculation method:
Interest-free
6. Repayment:
(1) Conditions: As per contract
(2) Date: As per contract
7. Outstanding balance of fund lending up to the date of fact occurrence (thousands of Yuan):
313,850
8. Ratio of outstanding balance of fund lending up to the date of fact occurrence to the net worth in the latest financial statement of the publicly issued company:
4.77
9. Source of funds lent by the company:
Subsidiary's own funds
10. Other matters to be noted:
1. Zhen Da Global's Q1 115 net equity = 6,583,509 thousand Yuan.
2. The exchange rate of USD to TWD was calculated based on the average exchange rate of Shanghai Commercial Bank on 115/5/11, which is 31.385.