[Shinfox] Correction of the March and April 2026 Information Disclosure of Fund Lending and Endorsements/Guarantees
Shinfox announced a correction to its March and April 2026 disclosures regarding fund lending and endorsements, significantly updating bad debt provisions and property collateral amounts for its 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 09:13 (1h 13m after Collected)
1. Date of occurrence: 2026/05/15
2. Company name: Shinfox Corp.
3. Relationship to the company (please enter head office or subsidiary): Head office
4. Reciprocal shareholding ratio: N/A
5. Cause of occurrence: Correction of the March and April 2026 Information Disclosure of Fund Lending and Endorsements/Guarantees
6. Information item/Statement name to be corrected: Information Disclosure of Fund Lending and Endorsements/Guarantees
7. Amount/Content/Page number before correction:
[Fund Lending Information Disclosure]
March 2026:
Lending company: Foxwell Energy Co., Ltd.
(1) Borrower: Shinfox Far East Company Pte. Ltd. Provision for bad debt: NT$0 thousand
(2) Borrower: Taiwan Shinfox Marine Engineering Co., Ltd. Provision for bad debt: NT$0 thousand
Lending company: Shinfox Energy Co., Ltd.
Borrower: Shinfox Far East Company Pte. Ltd. Accumulated highest balance up to this month: NT$8,916,117 thousand. Individual subsidiary increase (decrease) this month: NT$0 thousand. Ending balance: NT$8,916,117 thousand. Actual drawn amount: NT$8,821,948 thousand. Provision for bad debt: NT$369,491 thousand.
April 2026:
(Amounts identical to the above regarding bad debts as NT$0 for Foxwell, and same ending balance for Shinfox Energy).
[Endorsements/Guarantees Information Disclosure]
March and April 2026:
Guarantor: Foxwell Energy Co., Ltd. Target: Changpin Wind Power Co., Ltd. Amount backed by property collateral: NT$0 thousand.
Guarantor: Smart Power System Co., Ltd. Target: BL ANAKIE SOLAR LTD Amount backed by property collateral: NT$0 thousand.
8. Amount/Content/Page number after correction:
[Fund Lending Information Disclosure]
March 2026:
Lending company: Foxwell Energy Co., Ltd.
(1) Borrower: Shinfox Far East Company Pte. Ltd. Provision for bad debt: NT$1,414,474 thousand
(2) Borrower: Taiwan Shinfox Marine Engineering Co., Ltd. Provision for bad debt: NT$312,047 thousand
Lending company: Shinfox Energy Co., Ltd.
Borrower: Shinfox Far East Company Pte. Ltd. Accumulated highest balance up to this month: NT$9,032,032 thousand. Individual subsidiary increase (decrease) this month: NT$115,915 thousand. Ending balance: NT$9,032,032 thousand. Actual drawn amount: NT$9,032,032 thousand. Provision for bad debt: NT$6,384,107 thousand.
April 2026: (Similar corrected amounts applied).
[Endorsements/Guarantees Information Disclosure]
March and April 2026:
Guarantor: Foxwell Energy Co., Ltd. Target: Changpin Wind Power Co., Ltd. Amount backed by property collateral: NT$281,078 thousand.
Guarantor: Smart Power System Co., Ltd. Target: BL ANAKIE SOLAR LTD Amount backed by property collateral: NT$40,000 thousand.
9. Countermeasures: Post material information on the MOPS and correct the reporting items.
10. Any other matters that need to be specified: None.
2. Company name: Shinfox Corp.
3. Relationship to the company (please enter head office or subsidiary): Head office
4. Reciprocal shareholding ratio: N/A
5. Cause of occurrence: Correction of the March and April 2026 Information Disclosure of Fund Lending and Endorsements/Guarantees
6. Information item/Statement name to be corrected: Information Disclosure of Fund Lending and Endorsements/Guarantees
7. Amount/Content/Page number before correction:
[Fund Lending Information Disclosure]
March 2026:
Lending company: Foxwell Energy Co., Ltd.
(1) Borrower: Shinfox Far East Company Pte. Ltd. Provision for bad debt: NT$0 thousand
(2) Borrower: Taiwan Shinfox Marine Engineering Co., Ltd. Provision for bad debt: NT$0 thousand
Lending company: Shinfox Energy Co., Ltd.
Borrower: Shinfox Far East Company Pte. Ltd. Accumulated highest balance up to this month: NT$8,916,117 thousand. Individual subsidiary increase (decrease) this month: NT$0 thousand. Ending balance: NT$8,916,117 thousand. Actual drawn amount: NT$8,821,948 thousand. Provision for bad debt: NT$369,491 thousand.
April 2026:
(Amounts identical to the above regarding bad debts as NT$0 for Foxwell, and same ending balance for Shinfox Energy).
[Endorsements/Guarantees Information Disclosure]
March and April 2026:
Guarantor: Foxwell Energy Co., Ltd. Target: Changpin Wind Power Co., Ltd. Amount backed by property collateral: NT$0 thousand.
Guarantor: Smart Power System Co., Ltd. Target: BL ANAKIE SOLAR LTD Amount backed by property collateral: NT$0 thousand.
8. Amount/Content/Page number after correction:
[Fund Lending Information Disclosure]
March 2026:
Lending company: Foxwell Energy Co., Ltd.
(1) Borrower: Shinfox Far East Company Pte. Ltd. Provision for bad debt: NT$1,414,474 thousand
(2) Borrower: Taiwan Shinfox Marine Engineering Co., Ltd. Provision for bad debt: NT$312,047 thousand
Lending company: Shinfox Energy Co., Ltd.
Borrower: Shinfox Far East Company Pte. Ltd. Accumulated highest balance up to this month: NT$9,032,032 thousand. Individual subsidiary increase (decrease) this month: NT$115,915 thousand. Ending balance: NT$9,032,032 thousand. Actual drawn amount: NT$9,032,032 thousand. Provision for bad debt: NT$6,384,107 thousand.
April 2026: (Similar corrected amounts applied).
[Endorsements/Guarantees Information Disclosure]
March and April 2026:
Guarantor: Foxwell Energy Co., Ltd. Target: Changpin Wind Power Co., Ltd. Amount backed by property collateral: NT$281,078 thousand.
Guarantor: Smart Power System Co., Ltd. Target: BL ANAKIE SOLAR LTD Amount backed by property collateral: NT$40,000 thousand.
9. Countermeasures: Post material information on the MOPS and correct the reporting items.
10. Any other matters that need to be specified: None.