【GESHINCO】Announcement by Subsidiary GLOBAL ADVANCE TECHNOLOGY LIMITED Regarding New Capital Lending Amount Reaching Article 22, Paragraph 1, Subparagraph 3 of the "Operating Procedures for Lending Funds and Endorsements/Guarantees by Public Companies."
GLOBAL ADVANCE TECHNOLOGY LIMITED, a subsidiary of GESHINCO, has announced a new capital loan of NT$703.89 million to its subsidiary, Jiaxing Zhixing Technology Co., Ltd., for short-term working capital. This transaction falls under the regulations for capital lending by public companies.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 09:00
- 🔍 Collected: April 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 21, 2026 at 08:27 (27 min after Collected)
1. Date of occurrence of the event: 2026/04/20
2. Recipient of capital lending:
(1) Company name: Jiaxing Zhixing Technology Co., Ltd.
(2) Relationship with the company lending capital: 100% owned subsidiary
(3) Capital lending limit (NT$ thousands): 9,486,198
(4) Original capital lending balance (NT$ thousands): 0
(5) New capital lending amount (NT$ thousands): 703,890
(6) Is this a capital loan authorized by the board of directors for the chairman to disburse in installments or for revolving use to the same borrower: Yes
(7) Capital lending balance as of the date of occurrence (NT$ thousands): 703,890
(8) Reason for the new capital lending: Short-term working capital turnover
3. Collateral provided by the recipient of capital lending:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Recipient of capital lending's latest financial report:
(1) Capital (NT$ thousands): 1,329,750
(2) Accumulated profit/loss (NT$ thousands): -346,534
5. Interest calculation method:
Calculated monthly at an annual interest rate of 1.5%.
6. Repayment:
(1) Conditions: Can be repaid in installments, agreed by both parties to allow early repayment
(2) Date: According to agreed terms.
7. Capital lending balance as of the date of occurrence (NT$ thousands): 831,870
8. Ratio of capital lending balance to net worth of the public company's latest financial report as of the date of occurrence: 9.29%
9. Source of capital lent by the company to others: Subsidiary itself
10. Other matters that should be specified:
1. Latest financial report is Q4 2025 financial report
2. Exchange rate based on Taiwan Bank's USD to TWD central exchange rate of 31.995 as of March 31, 2026.
2. Recipient of capital lending:
(1) Company name: Jiaxing Zhixing Technology Co., Ltd.
(2) Relationship with the company lending capital: 100% owned subsidiary
(3) Capital lending limit (NT$ thousands): 9,486,198
(4) Original capital lending balance (NT$ thousands): 0
(5) New capital lending amount (NT$ thousands): 703,890
(6) Is this a capital loan authorized by the board of directors for the chairman to disburse in installments or for revolving use to the same borrower: Yes
(7) Capital lending balance as of the date of occurrence (NT$ thousands): 703,890
(8) Reason for the new capital lending: Short-term working capital turnover
3. Collateral provided by the recipient of capital lending:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Recipient of capital lending's latest financial report:
(1) Capital (NT$ thousands): 1,329,750
(2) Accumulated profit/loss (NT$ thousands): -346,534
5. Interest calculation method:
Calculated monthly at an annual interest rate of 1.5%.
6. Repayment:
(1) Conditions: Can be repaid in installments, agreed by both parties to allow early repayment
(2) Date: According to agreed terms.
7. Capital lending balance as of the date of occurrence (NT$ thousands): 831,870
8. Ratio of capital lending balance to net worth of the public company's latest financial report as of the date of occurrence: 9.29%
9. Source of capital lent by the company to others: Subsidiary itself
10. Other matters that should be specified:
1. Latest financial report is Q4 2025 financial report
2. Exchange rate based on Taiwan Bank's USD to TWD central exchange rate of 31.995 as of March 31, 2026.