【Tai Feng】The Company Announces Relevant Matters in Accordance with Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing Loans of Funds and Endorsements/Guarantees by Public Companies
Tai Feng has provided an additional loan of 320,000 thousand NTD to its subsidiary, Tai Xin Construction Co., Ltd., bringing the total outstanding loan to 540,000 thousand NTD. This is to address the subsidiary's operational needs. The loan is unsecured, carries an annual interest rate of 2.5%, and has a term of one year. The transaction was conducted in compliance with the Regulations Governing Loans of Funds and Endorsements/Guarantees by Public Companies.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 09:50 (1h 50m after Collected)
1. Date of occurrence of the event: 2026/05/13
2. Recipient of the fund loan:
(1) Company name: Tai Xin Construction Co., Ltd.
(2) Relationship with the company lending funds: Tai Feng Tyre Co., Ltd. is the parent company that wholly owns Tai Xin Construction Co., Ltd.
(3) Limit of fund loans (in thousands of NTD): 1,929,513
(4) Original balance of fund loans (in thousands of NTD): 220,000
(5) Amount of newly added fund loans for this period (in thousands of NTD): 320,000
(6) Whether it is a fund loan authorized by the Board of Directors for the Chairman to disburse in installments to the same borrower or for revolving use: Yes
(7) Balance of fund loans as of the date of occurrence of the event (in thousands of NTD): 540,000
(8) Reason for the newly added fund loan for this period: Operational needs
3. Collateral provided by the recipient of the fund loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the recipient of the fund loan:
(1) Capital (in thousands of NTD): 330,000
(2) Accumulated profit and loss (in thousands of NTD): -72,041
5. Interest calculation method: 2.5%
6. Repayment:
(1) Conditions: None
(2) Date: One year from the actual disbursement date
7. Balance of fund loans as of the date of occurrence of the event (in thousands of NTD): 540,000
8. Ratio of the balance of fund loans to the net worth of the public company's latest financial statements as of the date of occurrence of the event: 5.60
9. Source of funds for the company's loans to others: Parent company
10. Other matters that should be specified: None
Keywords: Major Information
2. Recipient of the fund loan:
(1) Company name: Tai Xin Construction Co., Ltd.
(2) Relationship with the company lending funds: Tai Feng Tyre Co., Ltd. is the parent company that wholly owns Tai Xin Construction Co., Ltd.
(3) Limit of fund loans (in thousands of NTD): 1,929,513
(4) Original balance of fund loans (in thousands of NTD): 220,000
(5) Amount of newly added fund loans for this period (in thousands of NTD): 320,000
(6) Whether it is a fund loan authorized by the Board of Directors for the Chairman to disburse in installments to the same borrower or for revolving use: Yes
(7) Balance of fund loans as of the date of occurrence of the event (in thousands of NTD): 540,000
(8) Reason for the newly added fund loan for this period: Operational needs
3. Collateral provided by the recipient of the fund loan:
(1) Content: None
(2) Value (in thousands of NTD): 0
4. Latest financial statements of the recipient of the fund loan:
(1) Capital (in thousands of NTD): 330,000
(2) Accumulated profit and loss (in thousands of NTD): -72,041
5. Interest calculation method: 2.5%
6. Repayment:
(1) Conditions: None
(2) Date: One year from the actual disbursement date
7. Balance of fund loans as of the date of occurrence of the event (in thousands of NTD): 540,000
8. Ratio of the balance of fund loans to the net worth of the public company's latest financial statements as of the date of occurrence of the event: 5.60
9. Source of funds for the company's loans to others: Parent company
10. Other matters that should be specified: None
Keywords: Major Information