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.
FACT BOX
- Source: PR Times
- Category: News