First Steamship Announces New Endorsement Guarantees for Three Subsidiaries

First Steamship Co., Ltd. has announced new endorsement guarantees for its subsidiaries, including Sin-Sheng-Yang Development, Best Steamship S.A., and First Steamship S.A., totaling approximately TWD 634.39 million. These guarantees are designated for loan security purposes. As of the announcement date, the total balance of endorsements has reached TWD 6.18 billion, accounting for 83.98% of the company's net worth according to its latest financial statements.