Announcement by Young Optics Inc. pursuant to Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing Loaning of Funds and Endorsements/Guarantees by Publicly Held Companies
Young Optics Inc. announced an additional loan of NT$95,985 thousand to its wholly-owned indirect subsidiary, Young Optics (BD) LTD., for working capital, bringing the total loan balance to NT$191,970 thousand, in accordance with regulatory guidelines.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 25, 2026 at 08:28 (28 min after Collected)
1. Date of occurrence of the event: 2026/04/24
2. Recipient of the loan:
(1) Company name: Young Optics (BD) LTD.
(2) Relationship with the company providing the loan: An indirect 100%-owned investment company of the company.
(3) Maximum loan amount (NT$ thousands): 1,118,054
(4) Original loan balance (NT$ thousands): 95,985
(5) Amount of this new loan (NT$ thousands): 95,985
(6) Whether the board of directors authorized the chairman to make multiple disbursements or revolving loans to the same borrower: Yes
(7) Loan balance as of the date of occurrence of the event (NT$ thousands): 191,970
(8) Reason for this new loan: Operational working capital needs
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Recipient's most recent financial statements:
(1) Capital (NT$ thousands): 439,830
(2) Accumulated profit/loss (NT$ thousands): -769,078
5. Interest calculation method: As per contract terms
6. Repayment:
(1) Conditions: As per contract terms
(2) Date: As per contract terms
7. Loan balance as of the date of occurrence of the event (NT$ thousands): 191,970
8. Ratio of loan balance to net worth of the publicly held company's most recent financial statements as of the date of occurrence of the event: 6.79%
9. Source of company's loans to others: Parent company
10. Other matters that need to be specified: The company's original loan of USD 3 million to Young Optics (BD) LTD. is due on November 2, 2026. The exchange rate is calculated at 1 USD = 31.995 NTD.
2. Recipient of the loan:
(1) Company name: Young Optics (BD) LTD.
(2) Relationship with the company providing the loan: An indirect 100%-owned investment company of the company.
(3) Maximum loan amount (NT$ thousands): 1,118,054
(4) Original loan balance (NT$ thousands): 95,985
(5) Amount of this new loan (NT$ thousands): 95,985
(6) Whether the board of directors authorized the chairman to make multiple disbursements or revolving loans to the same borrower: Yes
(7) Loan balance as of the date of occurrence of the event (NT$ thousands): 191,970
(8) Reason for this new loan: Operational working capital needs
3. Collateral provided by the recipient of the loan:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Recipient's most recent financial statements:
(1) Capital (NT$ thousands): 439,830
(2) Accumulated profit/loss (NT$ thousands): -769,078
5. Interest calculation method: As per contract terms
6. Repayment:
(1) Conditions: As per contract terms
(2) Date: As per contract terms
7. Loan balance as of the date of occurrence of the event (NT$ thousands): 191,970
8. Ratio of loan balance to net worth of the publicly held company's most recent financial statements as of the date of occurrence of the event: 6.79%
9. Source of company's loans to others: Parent company
10. Other matters that need to be specified: The company's original loan of USD 3 million to Young Optics (BD) LTD. is due on November 2, 2026. The exchange rate is calculated at 1 USD = 31.995 NTD.