[Ennoconn/SunGreen] Announcement by subsidiary Hsin Hsin Natural Gas regarding fund lending under Article 22 of the Regulations Governing Loaning of Funds

Key facts

  • [Ennoconn/SunGreen] Announcement by subsidiary Hsin Hsin Natural Gas regarding fund lending under Article 22 of the Regulations Governing Loaning of Funds
  • SunGreen Energy's subsidiary, Hsin Hsin Natural Gas, announced a 100 million TWD loan to group company Fuwei Power. The loan is part of group liquidity management, secured by 3 million shares of Smart Power Systems. The loan carries a 3% annual interest rate with a six-month maturity.
  • Source: PR Times
  • Date: May 27, 2026

Direct answer

SunGreen Energy's subsidiary, Hsin Hsin Natural Gas, announced a 100 million TWD loan to group company Fuwei Power. The loan is part of group liquidity management, secured by 3 million shares of Smart Power Systems. The loan carries a 3% annual interest rate with a six-month maturity.

Citation
[Ennoconn/SunGreen] Announcement by subsidiary Hsin Hsin Natural Gas regarding fund lending under Article 22 of the Regulations Governing Loaning of Funds (May 27, 2026), PR Times
Source
PR Times
Date
May 27, 2026
SunGreen Energy's subsidiary, Hsin Hsin Natural Gas, announced a 100 million TWD loan to group company Fuwei Power. The loan is part of group liquidity management, secured by 3 million shares of Smart Power Systems. The loan carries a 3% annual interest rate with a six-month maturity.
financeNQ 46/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 27, 2026 at 09:00
  • 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 18:49 (82h 49m after Collected)
1. Date of occurrence: 2026/05/27
2. Recipient of the loan:
(1) Company Name: Fuwei Power Co., Ltd.
(2) Relationship: Same ultimate parent company
(3) Lending limit (in thousands): 129,096
(4) Previous balance (in thousands): 0
(5) New loan amount (in thousands): 100,000
(6) Board authorization for revolving credit: No
(7) Current balance (in thousands): 100,000
(8) Reason: Group fund allocation planning
3. Collateral:
(1) Content: 3,000,000 shares of Smart Power Systems held by Fuwei Power
(2) Value (in thousands): 114,265
4. Financial status of recipient:
(1) Capital (in thousands): 741,621
(2) Accumulated profit/loss (in thousands): 313,693
5. Interest rate: 3% per annum (ACT/365 basis)
6. Repayment:
(1) Terms: Based on operational status, repaid within the term
(2) Date: Due in six months
7. Total lending balance (in thousands): 11,582,032
8. Ratio to net worth: 0.00%
9. Source of funds: Subsidiary's own funds
10. Other: None

FAQ

Why is this disclosure required?

Under Taiwan's 'Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies,' such transactions must be disclosed to ensure transparency for investors.

What are the key facts in this article?

SunGreen Energy's subsidiary, Hsin Hsin Natural Gas, announced a 100 million TWD loan to group company Fuwei Power. The loan is part of group liquidity management, secured by 3 million shares of Smart Power Systems. The loan carries a 3% annual interest rate with a six-month maturity.

What is the direct answer?

SunGreen Energy's subsidiary, Hsin Hsin Natural Gas, announced a 100 million TWD loan to group company Fuwei Power. The loan is part of group liquidity management, secured by 3 million shares of Smart Power Systems. The loan carries a 3% annual interest rate with a six-month maturity.

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