Xinxing: The company provides endorsement guarantee for its wholly-owned subsidiary Norley Corporation Inc. (Renewal upon expiration of original credit line).
Xinxing provided an endorsement guarantee for its wholly-owned subsidiary, Norley Corporation Inc., due to the renewal of a bank credit agreement. This supports the subsidiary's business continuity and reinforces its creditworthiness.
📋 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 09:23 (1h 23m after Collected)
1. Date of occurrence of the event: May 13, 115 (ROC Calendar)
2. Company receiving endorsement guarantee:
(1) Company name: Norley Corporation Inc.
(2) Relationship with the company providing endorsement guarantee: Wholly-owned subsidiary of our company.
(3) Endorsement guarantee limit (in thousands of NTD): 17,665,267
(4) Original endorsement guarantee balance (in thousands of NTD): 9,339,700
(5) Amount of new endorsement guarantee (in thousands of NTD): 316,600
(6) Endorsement guarantee balance as of the date of occurrence (in thousands of NTD): 9,656,300
(7) Actual amount utilized by the company receiving endorsement guarantee (in thousands of NTD): 316,600
(8) Reason for new endorsement guarantee: Renewal of bank credit agreement upon expiration.
3. Collateral provided by the company receiving endorsement guarantee:
(1) Content: None.
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the company receiving endorsement guarantee:
(1) Capital (in thousands of NTD): 32,230
(2) Accumulated profit/loss (in thousands of NTD): 13,786,520
5. Conditions for release of endorsement guarantee liability:
(1) Conditions: Repayment of loan, termination date of contract, or release of collateral pledge.
(2) Date: Same as above.
6. Total endorsement guarantee limit (in thousands of NTD): 52,995,801
7. Endorsement guarantee balance as of the date of occurrence (in thousands of NTD): 15,256,300
8. Ratio of endorsement guarantee balance as of the date of occurrence to the net worth of the public company's latest financial statements: 86.36%
9. Ratio of total endorsement guarantee, long-term investments, and loans to others balance as of the date of occurrence to the net worth of the public company's latest financial statements: 138.27%
10. Other matters that need to be specified: None.
2. Company receiving endorsement guarantee:
(1) Company name: Norley Corporation Inc.
(2) Relationship with the company providing endorsement guarantee: Wholly-owned subsidiary of our company.
(3) Endorsement guarantee limit (in thousands of NTD): 17,665,267
(4) Original endorsement guarantee balance (in thousands of NTD): 9,339,700
(5) Amount of new endorsement guarantee (in thousands of NTD): 316,600
(6) Endorsement guarantee balance as of the date of occurrence (in thousands of NTD): 9,656,300
(7) Actual amount utilized by the company receiving endorsement guarantee (in thousands of NTD): 316,600
(8) Reason for new endorsement guarantee: Renewal of bank credit agreement upon expiration.
3. Collateral provided by the company receiving endorsement guarantee:
(1) Content: None.
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the company receiving endorsement guarantee:
(1) Capital (in thousands of NTD): 32,230
(2) Accumulated profit/loss (in thousands of NTD): 13,786,520
5. Conditions for release of endorsement guarantee liability:
(1) Conditions: Repayment of loan, termination date of contract, or release of collateral pledge.
(2) Date: Same as above.
6. Total endorsement guarantee limit (in thousands of NTD): 52,995,801
7. Endorsement guarantee balance as of the date of occurrence (in thousands of NTD): 15,256,300
8. Ratio of endorsement guarantee balance as of the date of occurrence to the net worth of the public company's latest financial statements: 86.36%
9. Ratio of total endorsement guarantee, long-term investments, and loans to others balance as of the date of occurrence to the net worth of the public company's latest financial statements: 138.27%
10. Other matters that need to be specified: None.