1. Date of Event: April 15, 2026 2. Company Receiving Funds: (1) Company Name: Fu Wei Energy Co., Ltd. (2) Relationship with Lender: Wei Qiang Technology Co., Ltd. and Sen Wei Energy Co., Ltd. are subsidiaries of this company. Fu Wei Energy Co., Ltd. is a wholly-owned subsidiary of Sen Wei Energy Co., Ltd. (3) Lending Limit (in thousands): 1,189,338 (4) Outstanding Balance of Original Lending (in thousands): 0 (5) Amount of New Lending (in thousands): 154,000 (6) Is this lending authorized by the board for multiple disbursements or revolving use to the same borrower? No (7) Total Lending Balance as of Event Date (in thousands): 154,000 (8) Reason for New Lending: Group fund management and planning. 3. Collateral Provided by Borrower: (1) Content: None (2) Value (in thousands): 0 4. Borrower's Most Recent Financial Statement: (1) Capital (in thousands): 13,745,000 (2) Accumulated Profit/Loss (in thousands): -6,697,993 5. Interest Calculation Method: Annual interest rate of 2.1% 6. Repayment: (1) Conditions: To be repaid within the loan term, depending on the borrower's operating status. (2) Dates: To be repaid within the loan term, depending on the borrower's operating status. 7. Total Lending Balance as of Event Date (in thousands): 12,661,645 8. Ratio of Total Lending Balance to Publicly Issued Company's Most Recent Financial Statement Net Worth: 381.92 9. Source of Funds Lent: Subsidiary's own funds. 10. Other Matters to be Noted: None.

FACT BOX

  • Source: PR Times
  • Category: Funding