【Qiaochun】Announcement that subsidiary Zhaoxing Baoxin Metal Co., Ltd. (SSI) has provided loans to others, in accordance with Article 22, Paragraph 1, Subparagraph 3 of the "Regulations Governing the Lending of Funds and Endorsement/Guarantees by Publicly Issued Companies".
Qiaochun Metal announced that its subsidiary, Zhaoxing Baoxin Metal (SSI), has extended a new loan of NT$220.35 million to its parent company, Qiaochun Metal, to reclassify receivables overdue by more than 90 days. The loan carries 0% interest, requires monthly repayments, and must be repaid within one year.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:20 (20 min after Collected)
1. Date of occurrence: 2026/05/07
2. Recipient of loan:
(1) Company Name: Qiaochun Metal Co., Ltd.
(2) Relationship with the company providing the loan: Qiaochun Metal Co., Ltd. is the ultimate parent company indirectly holding 100% of the equity of Zhaoxing Baoxin Metal Co., Ltd.
(3) Loan limit (in thousands): 2,360,576
(4) Outstanding balance of original loan (in thousands): 230,867
(5) Amount of new loan added (in thousands): 220,348
(6) Whether this is a loan to the same borrower that the chairman is authorized to disburse in installments or use cyclically: No.
(7) Outstanding loan balance as of the date of occurrence (in thousands): 451,215
(8) Reason for the new loan amount: Reclassify related party receivables that have exceeded the normal collection period of 90 days to other receivables.
3. Collateral provided by the company receiving the loan:
(1) Content: None.
(2) Value (in thousands): 0
4. Most recent financial statement of the company receiving the loan:
(1) Capital (in thousands): 1,999,942
(2) Accumulated profit or loss (in thousands): 3,879,802
5. Interest calculation method: Interest rate 0%.
6. Repayment:
(1) Conditions: Monthly repayment.
(2) Date: Repay within one year.
7. Outstanding loan balance as of the date of occurrence (in thousands): 829,354
8. Ratio of outstanding loan balance to the net value of the most recent financial statement of the publicly issued company as of the date of occurrence: 10.90
9. Source of funds lent by the company: Subsidiary's own funds.
10. Other matters to be noted: For foreign currency conversions to New Taiwan Dollars, the exchange rate used is the rate on the balance sheet date of the most recent financial report audited (or reviewed) by an accountant.
2. Recipient of loan:
(1) Company Name: Qiaochun Metal Co., Ltd.
(2) Relationship with the company providing the loan: Qiaochun Metal Co., Ltd. is the ultimate parent company indirectly holding 100% of the equity of Zhaoxing Baoxin Metal Co., Ltd.
(3) Loan limit (in thousands): 2,360,576
(4) Outstanding balance of original loan (in thousands): 230,867
(5) Amount of new loan added (in thousands): 220,348
(6) Whether this is a loan to the same borrower that the chairman is authorized to disburse in installments or use cyclically: No.
(7) Outstanding loan balance as of the date of occurrence (in thousands): 451,215
(8) Reason for the new loan amount: Reclassify related party receivables that have exceeded the normal collection period of 90 days to other receivables.
3. Collateral provided by the company receiving the loan:
(1) Content: None.
(2) Value (in thousands): 0
4. Most recent financial statement of the company receiving the loan:
(1) Capital (in thousands): 1,999,942
(2) Accumulated profit or loss (in thousands): 3,879,802
5. Interest calculation method: Interest rate 0%.
6. Repayment:
(1) Conditions: Monthly repayment.
(2) Date: Repay within one year.
7. Outstanding loan balance as of the date of occurrence (in thousands): 829,354
8. Ratio of outstanding loan balance to the net value of the most recent financial statement of the publicly issued company as of the date of occurrence: 10.90
9. Source of funds lent by the company: Subsidiary's own funds.
10. Other matters to be noted: For foreign currency conversions to New Taiwan Dollars, the exchange rate used is the rate on the balance sheet date of the most recent financial report audited (or reviewed) by an accountant.