Test Rite: Company Announcement Regarding Article 25, Paragraph 1, Subparagraphs 2, 3, and 4 of the "Regulations Governing the Loaning of Funds and Endorsement/Guarantee by Public Companies"
Test Rite Group announced on May 13, 2026, the implementation of new endorsement guarantees for bank credit lines for its consolidated subsidiaries, Test Rite Tepro GmbH. and Test-Rite Products Corp., in accordance with the "Regulations Governing the Loaning of Funds and Endorsement/Guarantee by Public Companies." This brings the total endorsement guarantee amount to NT$6.911284 billion, with the guarantee balance representing 45.39% of the parent company's net assets.
📋 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 08:29 (29 min after Collected)
1. Date of occurrence of the event: 2026/05/13
2. Counterparty being endorsed/guaranteed:
(1) Company name: Test Rite Tepro GmbH.
(2) Relationship with the company providing endorsement/guarantee: A subsidiary in which the company directly and indirectly holds 100% of the voting shares.
(3) Limit of endorsement/guarantee (in thousands of NTD): 3,455,642
(4) Original balance of endorsement/guarantee (in thousands of NTD): 444,314
(5) New additional amount of endorsement/guarantee (in thousands of NTD): 111,078
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 555,392
(7) Actual amount utilized by the endorsed/guaranteed company (in thousands of NTD): 333,235
(8) Reason for the new additional endorsement/guarantee: Guarantee for new bank credit lines for the subsidiary.
(1) Company name: Test-Rite Products Corp.
(2) Relationship with the company providing endorsement/guarantee: A subsidiary in which the company directly and indirectly holds 100% of the voting shares.
(3) Limit of endorsement/guarantee (in thousands of NTD): 3,455,642
(4) Original balance of endorsement/guarantee (in thousands of NTD): 1,164,760
(5) New additional amount of endorsement/guarantee (in thousands of NTD): 629,600
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 1,794,360
(7) Actual amount utilized by the endorsed/guaranteed company (in thousands of NTD): 629,600
(8) Reason for the new additional endorsement/guarantee: Guarantee for new bank credit lines for the subsidiary.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None.
(2) Value (in thousands of NTD): 0
4. Latest financial statement of the endorsed/guaranteed company:
(1) Capital (in thousands of NTD): 2,546,991
(2) Accumulated profit/loss (in thousands of NTD): -1,488,832
5. Release from endorsement/guarantee liability:
(1) Conditions: Automatic release upon expiration of the guarantee period.
(2) Date: 2027/5/13 EUR3,000,000; 2027/5/13 USD20,000,000
6. Total limit of endorsement/guarantee (in thousands of NTD): 6,911,284
7. Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 3,137,262
8. Ratio of endorsement/guarantee balance to the net worth of the public company's latest financial statements as of the date of occurrence: 45.39%
9. Ratio of the total balance of endorsement/guarantee, long-term investments, and loans to the net worth of the public company's latest financial statements as of the date of occurrence: 72.17%
10. Other matters that need to be specified: None.
2. Counterparty being endorsed/guaranteed:
(1) Company name: Test Rite Tepro GmbH.
(2) Relationship with the company providing endorsement/guarantee: A subsidiary in which the company directly and indirectly holds 100% of the voting shares.
(3) Limit of endorsement/guarantee (in thousands of NTD): 3,455,642
(4) Original balance of endorsement/guarantee (in thousands of NTD): 444,314
(5) New additional amount of endorsement/guarantee (in thousands of NTD): 111,078
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 555,392
(7) Actual amount utilized by the endorsed/guaranteed company (in thousands of NTD): 333,235
(8) Reason for the new additional endorsement/guarantee: Guarantee for new bank credit lines for the subsidiary.
(1) Company name: Test-Rite Products Corp.
(2) Relationship with the company providing endorsement/guarantee: A subsidiary in which the company directly and indirectly holds 100% of the voting shares.
(3) Limit of endorsement/guarantee (in thousands of NTD): 3,455,642
(4) Original balance of endorsement/guarantee (in thousands of NTD): 1,164,760
(5) New additional amount of endorsement/guarantee (in thousands of NTD): 629,600
(6) Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 1,794,360
(7) Actual amount utilized by the endorsed/guaranteed company (in thousands of NTD): 629,600
(8) Reason for the new additional endorsement/guarantee: Guarantee for new bank credit lines for the subsidiary.
3. Collateral provided by the endorsed/guaranteed company:
(1) Content: None.
(2) Value (in thousands of NTD): 0
4. Latest financial statement of the endorsed/guaranteed company:
(1) Capital (in thousands of NTD): 2,546,991
(2) Accumulated profit/loss (in thousands of NTD): -1,488,832
5. Release from endorsement/guarantee liability:
(1) Conditions: Automatic release upon expiration of the guarantee period.
(2) Date: 2027/5/13 EUR3,000,000; 2027/5/13 USD20,000,000
6. Total limit of endorsement/guarantee (in thousands of NTD): 6,911,284
7. Balance of endorsement/guarantee as of the date of occurrence (in thousands of NTD): 3,137,262
8. Ratio of endorsement/guarantee balance to the net worth of the public company's latest financial statements as of the date of occurrence: 45.39%
9. Ratio of the total balance of endorsement/guarantee, long-term investments, and loans to the net worth of the public company's latest financial statements as of the date of occurrence: 72.17%
10. Other matters that need to be specified: None.