Shinih: Company Announces Compliance with Article 25, Paragraph 1, Subparagraph 4 of "Regulations Governing the Loaning of Funds and Endorsement/Guarantee by Public Companies"
Shinih Enterprise announced that it has newly provided endorsements and guarantees for three subsidiaries (SHINIH HOLDING COMPANY LTD., Dongguan Taixin Fiber Products Co., Ltd., and Taiwan Wu Yu Co., Ltd.) totaling NT$94,440 thousand, NT$45,915 thousand, and NT$35,740 thousand, respectively, due to the renewal of their bank credit lines.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:24 (24 min after Collected)
1. Date of occurrence of the event: 115/05/08 (May 8, 2026)
2. Endorsed and guaranteed entity:
(1) Company name: SHINIH HOLDING COMPANY LTD.
(2) Relationship with the company providing endorsement/guarantee: 100% invested subsidiary of the company
(3) Limit of endorsement/guarantee (NT$ thousands): 1,689,012
(4) Original endorsement/guarantee balance (NT$ thousands): 598,120
(5) Amount of new endorsement/guarantee (NT$ thousands): 94,440
(6) Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 692,560
(7) Actual amount utilized by the endorsed/guaranteed company (NT$ thousands): 0
(8) Reason for the new endorsement/guarantee: Renewal of subsidiary's bank credit line, approved by the company's board of directors for endorsement/guarantee. Due to the determination of announcement timing, the endorsement/guarantee periods overlap, reaching the announcement standard.
(1) Company name: Dongguan Taixin Fiber Products Co., Ltd.
(2) Relationship with the company providing endorsement/guarantee: 100% invested subsidiary of the company
(3) Limit of endorsement/guarantee (NT$ thousands): 1,689,012
(4) Original endorsement/guarantee balance (NT$ thousands): 45,915
(5) Amount of new endorsement/guarantee (NT$ thousands): 45,915
(6) Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 91,830
(7) Actual amount utilized by the endorsed/guaranteed company (NT$ thousands): 9,183
(8) Reason for the new endorsement/guarantee: Renewal of subsidiary's bank credit line, approved by the company's board of directors for endorsement/guarantee. Due to the determination of announcement timing, the endorsement/guarantee periods overlap, reaching the announcement standard.
(1) Company name: Taiwan Wu Yu Co., Ltd.
(2) Relationship with the company providing endorsement/guarantee: 84.62% invested subsidiary of the company
(3) Limit of endorsement/guarantee (NT$ thousands): 1,689,012
(4) Original endorsement/guarantee balance (NT$ thousands): 135,740
(5) Amount of new endorsement/guarantee (NT$ thousands): 35,740
(6) Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 171,480
(7) Actual amount utilized by the endorsed/guaranteed company (NT$ thousands): 10,000
(8) Reason for the new endorsement/guarantee: Renewal of subsidiary's bank credit line, approved by the company's board of directors for endorsement/guarantee. Due to the determination of announcement timing, the endorsement/guarantee periods overlap, reaching the announcement standard.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Latest financial statements of the endorsed/guaranteed company:
(1) Capital (NT$ thousands): 626,088
(2) Accumulated profit/loss (NT$ thousands): 1,620,184
5. Conditions for releasing endorsement/guarantee liability:
(1) Conditions: Expiration of credit agreement
(2) Date: Expiration of credit agreement
6. Total limit of endorsement/guarantee (NT$ thousands): 3,378,024
7. Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 1,144,750
8. Ratio of endorsement/guarantee balance A to the public company's latest financial statement net worth as of the date of occurrence: 33.89
9. Ratio of the sum of endorsement/guarantee, long-term investments, and loan of funds balance to the public company's latest financial statement net worth as of the date of occurrence: 146.52
10. Other matters to be specified:
1. Calculated based on USD exchange rate of 31.48 and RMB exchange rate of 4.5915 on May 6, 2026 (R.O.C. calendar year 115);
2. SHINIH HOLDING COMPANY LTD. Capital $328,526 (NT$ thousands) Accumulated profit/loss $1,845,977 (NT$ thousands);
Dongguan Taixin Fiber Products Co., Ltd. Capital $232,562 (NT$ thousands) Accumulated profit/loss -$213,466 (NT$ thousands);
Taiwan Wu Yu Co., Ltd. Capital $65,000 (NT$ thousands) Accumulated profit/loss -$12,327 (NT$ thousands)
2. Endorsed and guaranteed entity:
(1) Company name: SHINIH HOLDING COMPANY LTD.
(2) Relationship with the company providing endorsement/guarantee: 100% invested subsidiary of the company
(3) Limit of endorsement/guarantee (NT$ thousands): 1,689,012
(4) Original endorsement/guarantee balance (NT$ thousands): 598,120
(5) Amount of new endorsement/guarantee (NT$ thousands): 94,440
(6) Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 692,560
(7) Actual amount utilized by the endorsed/guaranteed company (NT$ thousands): 0
(8) Reason for the new endorsement/guarantee: Renewal of subsidiary's bank credit line, approved by the company's board of directors for endorsement/guarantee. Due to the determination of announcement timing, the endorsement/guarantee periods overlap, reaching the announcement standard.
(1) Company name: Dongguan Taixin Fiber Products Co., Ltd.
(2) Relationship with the company providing endorsement/guarantee: 100% invested subsidiary of the company
(3) Limit of endorsement/guarantee (NT$ thousands): 1,689,012
(4) Original endorsement/guarantee balance (NT$ thousands): 45,915
(5) Amount of new endorsement/guarantee (NT$ thousands): 45,915
(6) Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 91,830
(7) Actual amount utilized by the endorsed/guaranteed company (NT$ thousands): 9,183
(8) Reason for the new endorsement/guarantee: Renewal of subsidiary's bank credit line, approved by the company's board of directors for endorsement/guarantee. Due to the determination of announcement timing, the endorsement/guarantee periods overlap, reaching the announcement standard.
(1) Company name: Taiwan Wu Yu Co., Ltd.
(2) Relationship with the company providing endorsement/guarantee: 84.62% invested subsidiary of the company
(3) Limit of endorsement/guarantee (NT$ thousands): 1,689,012
(4) Original endorsement/guarantee balance (NT$ thousands): 135,740
(5) Amount of new endorsement/guarantee (NT$ thousands): 35,740
(6) Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 171,480
(7) Actual amount utilized by the endorsed/guaranteed company (NT$ thousands): 10,000
(8) Reason for the new endorsement/guarantee: Renewal of subsidiary's bank credit line, approved by the company's board of directors for endorsement/guarantee. Due to the determination of announcement timing, the endorsement/guarantee periods overlap, reaching the announcement standard.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Latest financial statements of the endorsed/guaranteed company:
(1) Capital (NT$ thousands): 626,088
(2) Accumulated profit/loss (NT$ thousands): 1,620,184
5. Conditions for releasing endorsement/guarantee liability:
(1) Conditions: Expiration of credit agreement
(2) Date: Expiration of credit agreement
6. Total limit of endorsement/guarantee (NT$ thousands): 3,378,024
7. Endorsement/guarantee balance as of the date of occurrence (NT$ thousands): 1,144,750
8. Ratio of endorsement/guarantee balance A to the public company's latest financial statement net worth as of the date of occurrence: 33.89
9. Ratio of the sum of endorsement/guarantee, long-term investments, and loan of funds balance to the public company's latest financial statement net worth as of the date of occurrence: 146.52
10. Other matters to be specified:
1. Calculated based on USD exchange rate of 31.48 and RMB exchange rate of 4.5915 on May 6, 2026 (R.O.C. calendar year 115);
2. SHINIH HOLDING COMPANY LTD. Capital $328,526 (NT$ thousands) Accumulated profit/loss $1,845,977 (NT$ thousands);
Dongguan Taixin Fiber Products Co., Ltd. Capital $232,562 (NT$ thousands) Accumulated profit/loss -$213,466 (NT$ thousands);
Taiwan Wu Yu Co., Ltd. Capital $65,000 (NT$ thousands) Accumulated profit/loss -$12,327 (NT$ thousands)