【Zhen Ding-KY】Announcement by Subsidiary Avary International Co., Ltd. Regarding Approval of Capital Loan Limit
Avary International Co., Ltd., a subsidiary of Zhen Ding-KY, announced the board's approval of a capital loan limit of NT$33,618,318 thousand and a new loan of NT$320,450 thousand to AVARY TECHNOLOGY (INDIA) PRIVATE LIMITED. This is part of the subsidiary's financial strategy, indicating involvement in the Indian market.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 09:00
- 🔍 Collected: April 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 30, 2026 at 08:03 (3 min after Collected)
1. Date of occurrence of the event: 2026/04/29
2. Recipient of capital loan:
(1) Company name: AVARY TECHNOLOGY (INDIA) PRIVATE LIMITED
(2) Relationship with the company providing the capital loan: Affiliate
(3) Capital loan limit (NT$ thousands): 33,618,318
(4) Original capital loan balance (NT$ thousands): 640,900
(5) Amount of new capital loan (NT$ thousands): 320,450
(6) Is it a capital loan authorized by the board of directors for the chairman to make multiple disbursements or revolving utilization to the same loan recipient: No
(7) Capital loan balance as of the date of occurrence (NT$ thousands): 961,350
(8) Reason for the new capital loan: Board of directors approved new capital loan
3. Collateral provided by the recipient of the capital loan:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Latest financial statement of the recipient of the capital loan:
(1) Capital (NT$ thousands): 1,546,767
(2) Accumulated profit/loss (NT$ thousands): -2,918,317
5. Interest calculation method: As per contract
6. Repayment:
(1) Conditions: As per contract
(2) Date: As per contract
7. Capital loan balance as of the date of occurrence (NT$ thousands): 961,350
8. Ratio of capital loan balance to net worth of public company's latest financial statement as of the date of occurrence: 0.78
9. Source of company's capital loan to others: Subsidiary itself
10. Other matters that need to be specified:
(1) The board of directors approved a new five-year, one-time disbursement capital loan of USD 10 million.
(2) Exchange rate: USD/TWD 32.0450.
2. Recipient of capital loan:
(1) Company name: AVARY TECHNOLOGY (INDIA) PRIVATE LIMITED
(2) Relationship with the company providing the capital loan: Affiliate
(3) Capital loan limit (NT$ thousands): 33,618,318
(4) Original capital loan balance (NT$ thousands): 640,900
(5) Amount of new capital loan (NT$ thousands): 320,450
(6) Is it a capital loan authorized by the board of directors for the chairman to make multiple disbursements or revolving utilization to the same loan recipient: No
(7) Capital loan balance as of the date of occurrence (NT$ thousands): 961,350
(8) Reason for the new capital loan: Board of directors approved new capital loan
3. Collateral provided by the recipient of the capital loan:
(1) Content: None
(2) Value (NT$ thousands): 0
4. Latest financial statement of the recipient of the capital loan:
(1) Capital (NT$ thousands): 1,546,767
(2) Accumulated profit/loss (NT$ thousands): -2,918,317
5. Interest calculation method: As per contract
6. Repayment:
(1) Conditions: As per contract
(2) Date: As per contract
7. Capital loan balance as of the date of occurrence (NT$ thousands): 961,350
8. Ratio of capital loan balance to net worth of public company's latest financial statement as of the date of occurrence: 0.78
9. Source of company's capital loan to others: Subsidiary itself
10. Other matters that need to be specified:
(1) The board of directors approved a new five-year, one-time disbursement capital loan of USD 10 million.
(2) Exchange rate: USD/TWD 32.0450.