[Kinci] Announcement Regarding Loan and Guarantee Pursuant to Article 22, Clause 3
Kinci has provided an additional loan of 284,913 thousand yuan to its subsidiary, Kinci (Changshu) Electronics Co., Ltd., for working capital purposes. This increases the total outstanding loan balance to subsidiaries to 1,044,681 thousand yuan, with repayment due within one year.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 11:05 (3h 5m after Collected)
1. Date of event: 115/05/12
2. Recipient of funds:
(1) Company name: Kinci (Changshu) Electronics Co., Ltd.
(2) Relationship with the company providing the funds:
A wholly-owned invested subsidiary of the Company (100% indirect holding)
(3) Limit of funds loaned (thousand yuan): 4,889,326
(4) Remaining balance of original funds loaned (thousand yuan): 759,768
(5) Amount of new funds loaned this time (thousand yuan): 284,913
(6) Whether funds are loaned in installments or revolving by the Chairman to the same borrower under board authorization: Yes
(7) Outstanding balance of funds loaned as of the date of event (thousand yuan): 1,044,681
(8) Reason for the new funds loaned this time:
Working capital
3. Collateral provided by the company receiving the funds:
(1) Content:
None
(2) Value (thousand yuan): 0
4. The company receiving the funds' most recent financial statements:
(1) Capital (thousand yuan): 3,996,606
(2) Accumulated profit/loss amount (thousand yuan): 2,521,790
5. Interest calculation method:
Floating interest rate based on comparable non-controlled transaction interest rate levels
6. Repayment:
(1) Conditions:
None
(2) Date:
Within one year from the loan date
7. Outstanding balance of funds loaned to others as of the date of event (thousand yuan):
1,297,937
8. Ratio of outstanding balance of funds loaned to others to the net value of the public company's most recent financial statements as of the date of event:
7.33
9. Source of funds loaned by the company to others:
Subsidiary's own funds
10. Other matters that need to be stated: None.
2. Recipient of funds:
(1) Company name: Kinci (Changshu) Electronics Co., Ltd.
(2) Relationship with the company providing the funds:
A wholly-owned invested subsidiary of the Company (100% indirect holding)
(3) Limit of funds loaned (thousand yuan): 4,889,326
(4) Remaining balance of original funds loaned (thousand yuan): 759,768
(5) Amount of new funds loaned this time (thousand yuan): 284,913
(6) Whether funds are loaned in installments or revolving by the Chairman to the same borrower under board authorization: Yes
(7) Outstanding balance of funds loaned as of the date of event (thousand yuan): 1,044,681
(8) Reason for the new funds loaned this time:
Working capital
3. Collateral provided by the company receiving the funds:
(1) Content:
None
(2) Value (thousand yuan): 0
4. The company receiving the funds' most recent financial statements:
(1) Capital (thousand yuan): 3,996,606
(2) Accumulated profit/loss amount (thousand yuan): 2,521,790
5. Interest calculation method:
Floating interest rate based on comparable non-controlled transaction interest rate levels
6. Repayment:
(1) Conditions:
None
(2) Date:
Within one year from the loan date
7. Outstanding balance of funds loaned to others as of the date of event (thousand yuan):
1,297,937
8. Ratio of outstanding balance of funds loaned to others to the net value of the public company's most recent financial statements as of the date of event:
7.33
9. Source of funds loaned by the company to others:
Subsidiary's own funds
10. Other matters that need to be stated: None.