Rongcheng Announces Board Resolution to Increase Endorsement Guarantee Balance by Over NT$10 Million
Rongcheng announced that its board of directors has resolved to increase its endorsement guarantee balance by NT$231.5 million, bringing the total balance to NT$4,777.71 million. This increase is for operational turnover of its subsidiary, Pinghu Rongcheng Environmental Technology Co., Ltd. The total endorsement guarantee limit for the company is NT$62,308.05 million.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 00:11 (16h 11m after Collected)
Rongcheng's board of directors approved an increase in endorsement guarantees by NT$231.5 million for its subsidiary, Pinghu Rongcheng Environmental Technology Co., Ltd., for operational turnover. The new total endorsement guarantee balance is NT$4,777.71 million, with the total limit reaching NT$62,308.05 million. The subsidiary's capital is NT$5,338.508 million, with accumulated profits and losses of NT$1,917.252 million. The total balance of endorsements, long-term investments, and fund lending as of the reporting date stands at 73.82% of the company's net worth.
FAQ
What is the purpose of the new endorsement guarantee?
The new endorsement guarantee is for the operational turnover of the subsidiary, Pinghu Rongcheng Environmental Technology Co., Ltd.
What is the amount of the new endorsement guarantee?
The new endorsement guarantee amount is NT$231.5 million.
What is the total endorsement guarantee balance after this increase?
The total endorsement guarantee balance after this increase is NT$4,777.71 million.
What is the total endorsement guarantee limit for the company?
The total endorsement guarantee limit for the company is NT$62,308.05 million.