Shin Kong: Announcement that the company and its subsidiaries' endorsement and guarantee amounts have reached the first item of Article 25, Paragraph 1 of the 'Regulations Governing Loaning of Funds and Endorsement/Guarantees by Publicly Issued Companies'
Shin Kong announced that the total amount of endorsements and guarantees for its subsidiaries has reached the standard specified in Article 25, Paragraph 1, Item 1 of the Regulations Governing Loaning of Funds and Endorsement/Guarantees by Publicly Issued Companies. This primarily relates to bank credit line guarantees.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 09:18 (1h 18m after Collected)
1. Date of occurrence of the event: 2026/05/13
2. The balance of endorsements and guarantees reaches more than 50% of the net worth in the most recent financial report of the publicly issued company:
(1) Name of the company being endorsed/guaranteed: Shin Kong Shipping Co., Ltd.
(2) Relationship with the endorsing/guaranteeing company:
100% owned parent company
(3) Reason for endorsement/guarantee as of the date of occurrence:
Bank credit line guarantee
(4) Limit of endorsement/guarantee (in thousands of NTD): 6,316,257
(5) Original balance of endorsement/guarantee (in thousands of NTD): 3,300,000
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 5,300,000
(7) Actual amount utilized by the company being endorsed/guaranteed (in thousands of NTD): 2,953,000
(8) Amount of newly added endorsement/guarantee (in thousands of NTD): 2,000,000
(9) Reason for newly added endorsement/guarantee:
Renewal of expiring original credit line.
(1) Name of the company being endorsed/guaranteed: Shin Kong Shipping Co., Ltd.
(2) Relationship with the endorsing/guaranteeing company:
100% owned parent company
(3) Reason for endorsement/guarantee as of the date of occurrence:
Bank credit line guarantee
(4) Limit of endorsement/guarantee (in thousands of NTD): 13,750,223
(5) Original balance of endorsement/guarantee (in thousands of NTD): 300,000
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 300,000
(7) Actual amount utilized by the company being endorsed/guaranteed (in thousands of NTD): 280,000
(8) Amount of newly added endorsement/guarantee (in thousands of NTD): 0
(9) Reason for newly added endorsement/guarantee:
None.
(1) Name of the company being endorsed/guaranteed: Norley Corporation Inc.
(2) Relationship with the endorsing/guaranteeing company:
100% owned subsidiary of the company
(3) Reason for endorsement/guarantee as of the date of occurrence:
Bank credit line guarantee
(4) Limit of endorsement/guarantee (in thousands of NTD): 17,665,267
(5) Original balance of endorsement/guarantee (in thousands of NTD): 9,339,700
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 9,656,300
(7) Actual amount utilized by the company being endorsed/guaranteed (in thousands of NTD): 316,600
(8) Amount of newly added endorsement/guarantee (in thousands of NTD): 316,600
(9) Reason for newly added endorsement/guarantee:
Renewal of expiring original credit line.
2. Total limit of endorsement/guarantee (in thousands of NTD):
52,995,801
3. Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD):
15,256,300
3. Ratio of endorsement/guarantee balance to the net worth in the most recent financial report of the publicly issued company as of the date of occurrence:
86.36
4. Other matters that should be specified:
None.
2. The balance of endorsements and guarantees reaches more than 50% of the net worth in the most recent financial report of the publicly issued company:
(1) Name of the company being endorsed/guaranteed: Shin Kong Shipping Co., Ltd.
(2) Relationship with the endorsing/guaranteeing company:
100% owned parent company
(3) Reason for endorsement/guarantee as of the date of occurrence:
Bank credit line guarantee
(4) Limit of endorsement/guarantee (in thousands of NTD): 6,316,257
(5) Original balance of endorsement/guarantee (in thousands of NTD): 3,300,000
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 5,300,000
(7) Actual amount utilized by the company being endorsed/guaranteed (in thousands of NTD): 2,953,000
(8) Amount of newly added endorsement/guarantee (in thousands of NTD): 2,000,000
(9) Reason for newly added endorsement/guarantee:
Renewal of expiring original credit line.
(1) Name of the company being endorsed/guaranteed: Shin Kong Shipping Co., Ltd.
(2) Relationship with the endorsing/guaranteeing company:
100% owned parent company
(3) Reason for endorsement/guarantee as of the date of occurrence:
Bank credit line guarantee
(4) Limit of endorsement/guarantee (in thousands of NTD): 13,750,223
(5) Original balance of endorsement/guarantee (in thousands of NTD): 300,000
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 300,000
(7) Actual amount utilized by the company being endorsed/guaranteed (in thousands of NTD): 280,000
(8) Amount of newly added endorsement/guarantee (in thousands of NTD): 0
(9) Reason for newly added endorsement/guarantee:
None.
(1) Name of the company being endorsed/guaranteed: Norley Corporation Inc.
(2) Relationship with the endorsing/guaranteeing company:
100% owned subsidiary of the company
(3) Reason for endorsement/guarantee as of the date of occurrence:
Bank credit line guarantee
(4) Limit of endorsement/guarantee (in thousands of NTD): 17,665,267
(5) Original balance of endorsement/guarantee (in thousands of NTD): 9,339,700
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 9,656,300
(7) Actual amount utilized by the company being endorsed/guaranteed (in thousands of NTD): 316,600
(8) Amount of newly added endorsement/guarantee (in thousands of NTD): 316,600
(9) Reason for newly added endorsement/guarantee:
Renewal of expiring original credit line.
2. Total limit of endorsement/guarantee (in thousands of NTD):
52,995,801
3. Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD):
15,256,300
3. Ratio of endorsement/guarantee balance to the net worth in the most recent financial report of the publicly issued company as of the date of occurrence:
86.36
4. Other matters that should be specified:
None.