[Foxlink] Correction to the March and April 2026 Fund Lending and Endorsements/Guarantees Disclosure Statements
Foxlink announced a correction to its March and April 2026 disclosure statements, significantly increasing the reported allowance for bad debts related to loans made by its energy subsidiaries.
📋 Article Processing Timeline
- 📰 Published: May 15, 2026 at 09:00
- 🔍 Collected: May 16, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 16, 2026 at 10:26 (2h 26m after Collected)
1. Date of occurrence: 2026/05/15
2. Company name: Foxlink Precision Industry Co., Ltd.
3. Relationship to the Company: Head Office
4. Reciprocal shareholding ratio: N/A
5. Cause of occurrence: Correction of the March and April 2026 Information Disclosure Statements for Fund Lending and Endorsements/Guarantees
6. Information item/report name to be corrected: Information Disclosure Statement for Fund Lending and Endorsements/Guarantees
7. Amount/content/page before correction: (Omitted for brevity - Original stated 0 allowance for bad debts for several entities)
8. Amount/content/page after correction:
[Fund Lending Information Disclosure Statement] March 2026:
I. Lending Company: Shinfox Energy Co., Ltd.
(1) Borrower: Shinfox Far East Company Pte. Ltd.
Allowance for bad debts: NT$1,414,474 thousand
(2) Borrower: Taiwan Powerway Marine Engineering Co., Ltd.
Allowance for bad debts: NT$312,047 thousand
II. Lending Company: Fuwei Energy Co., Ltd.
Borrower: Shinfox Far East Company Pte. Ltd.
Allowance for bad debts: NT$6,384,107 thousand
(Similar corrections apply to April 2026)
9. Countermeasures: Corrective announcement posted on the MOPS.
10. Other matters to be specified: None
2. Company name: Foxlink Precision Industry Co., Ltd.
3. Relationship to the Company: Head Office
4. Reciprocal shareholding ratio: N/A
5. Cause of occurrence: Correction of the March and April 2026 Information Disclosure Statements for Fund Lending and Endorsements/Guarantees
6. Information item/report name to be corrected: Information Disclosure Statement for Fund Lending and Endorsements/Guarantees
7. Amount/content/page before correction: (Omitted for brevity - Original stated 0 allowance for bad debts for several entities)
8. Amount/content/page after correction:
[Fund Lending Information Disclosure Statement] March 2026:
I. Lending Company: Shinfox Energy Co., Ltd.
(1) Borrower: Shinfox Far East Company Pte. Ltd.
Allowance for bad debts: NT$1,414,474 thousand
(2) Borrower: Taiwan Powerway Marine Engineering Co., Ltd.
Allowance for bad debts: NT$312,047 thousand
II. Lending Company: Fuwei Energy Co., Ltd.
Borrower: Shinfox Far East Company Pte. Ltd.
Allowance for bad debts: NT$6,384,107 thousand
(Similar corrections apply to April 2026)
9. Countermeasures: Corrective announcement posted on the MOPS.
10. Other matters to be specified: None