Zhen Ding-KY Subsidiary MAYCO INDUSTRIAL LIMITED Announces Cancellation of Fund Lending Limit to Affiliated Company
Key facts
- Zhen Ding-KY Subsidiary MAYCO INDUSTRIAL LIMITED Announces Cancellation of Fund Lending Limit to Affiliated Company
- MAYCO INDUSTRIAL LIMITED, a subsidiary of Zhen Ding-KY, has announced the cancellation of its fund lending limit to Li Ding Semiconductor Technology Qinhuangdao Co., Ltd., an affiliated company. The current outstanding loan balance is TWD 628.22 million, with no collateral provided.
- Source: PR Times
- Date: June 24, 2026
Direct answer
MAYCO INDUSTRIAL LIMITED, a subsidiary of Zhen Ding-KY, has announced the cancellation of its fund lending limit to Li Ding Semiconductor Technology Qinhuangdao Co., Ltd., an affiliated company. The current outstanding loan balance is TWD 628.22 million, with no collateral provided.
- Citation
- Zhen Ding-KY Subsidiary MAYCO INDUSTRIAL LIMITED Announces Cancellation of Fund Lending Limit to Affiliated Company (June 24, 2026), PR Times
- Source
- PR Times
- Date
- June 24, 2026
MAYCO INDUSTRIAL LIMITED, a subsidiary of Zhen Ding-KY, has announced the cancellation of its fund lending limit to Li Ding Semiconductor Technology Qinhuangdao Co., Ltd., an affiliated company. The current outstanding loan balance is TWD 628.22 million, with no collateral provided.
📋 Article Processing Timeline
- 📰 Published: June 24, 2026 at 09:00
- 🔍 Collected: June 25, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 25, 2026 at 18:26 (1h 26m after Collected)
1. Factual Date: 115/06/24
2. Recipient of Fund Lending:
(1) Company Name: Li Ding Semiconductor Technology Qinhuangdao Co., Ltd.
(2) Relationship with Lending Company: Affiliated Enterprise
(3) Lending Limit (in thousand TWD): 562,703,062
(4) Previous Outstanding Balance (in thousand TWD): 628,220
(5) Amount of New Lending This Time (in thousand TWD): 0
(6) Whether the Board Authorized the Chairman to Conduct Multiple or Revolving Lending to the Same Recipient: Yes
(7) Outstanding Lending Balance as of Factual Date (in thousand TWD): 628,220
(8) Reason for New Lending This Time: Board resolution to cancel the lending limit
3. Collateral Provided by the Recipient Company:
(1) Description: None
(2) Value (in thousand TWD): 0
4. Latest Financial Statement Information of the Recipient Company:
(1) Capital (in thousand TWD): 2,301,500
(2) Accumulated Profit/Loss (in thousand TWD): -1,389,370
5. Interest Calculation Method: As stipulated in the contract
6. Repayment Terms:
(1) Conditions: As stipulated in the contract
(2) Date: As stipulated in the contract
7. Outstanding Lending Balance as of Factual Date (in thousand TWD): 628,220
8. Ratio of Outstanding Lending Balance to the Net Asset Value of the Publicly Issued Company as per Latest Financial Statement: 0.50
9. Source of Funds Lent: Subsidiary's own funds
10. Other Matters to be Disclosed:
(1) The board approved the cancellation of the fund lending limit.
(2) Exchange rate used for conversion: USD/TWD 31.4110.
2. Recipient of Fund Lending:
(1) Company Name: Li Ding Semiconductor Technology Qinhuangdao Co., Ltd.
(2) Relationship with Lending Company: Affiliated Enterprise
(3) Lending Limit (in thousand TWD): 562,703,062
(4) Previous Outstanding Balance (in thousand TWD): 628,220
(5) Amount of New Lending This Time (in thousand TWD): 0
(6) Whether the Board Authorized the Chairman to Conduct Multiple or Revolving Lending to the Same Recipient: Yes
(7) Outstanding Lending Balance as of Factual Date (in thousand TWD): 628,220
(8) Reason for New Lending This Time: Board resolution to cancel the lending limit
3. Collateral Provided by the Recipient Company:
(1) Description: None
(2) Value (in thousand TWD): 0
4. Latest Financial Statement Information of the Recipient Company:
(1) Capital (in thousand TWD): 2,301,500
(2) Accumulated Profit/Loss (in thousand TWD): -1,389,370
5. Interest Calculation Method: As stipulated in the contract
6. Repayment Terms:
(1) Conditions: As stipulated in the contract
(2) Date: As stipulated in the contract
7. Outstanding Lending Balance as of Factual Date (in thousand TWD): 628,220
8. Ratio of Outstanding Lending Balance to the Net Asset Value of the Publicly Issued Company as per Latest Financial Statement: 0.50
9. Source of Funds Lent: Subsidiary's own funds
10. Other Matters to be Disclosed:
(1) The board approved the cancellation of the fund lending limit.
(2) Exchange rate used for conversion: USD/TWD 31.4110.
FAQ
What does cancellation of lending limit mean?
It means no new loans will be issued, though existing balances may remain.
Is Li Ding Semiconductor financially stable?
With over TWD 1.38 billion in accumulated losses, its financial health is under pressure.
Will this decision affect stock price?
Given minimal financial impact, short-term stock effect is likely limited.
Why is exchange rate disclosed?
Cross-border lending between Taiwan and China entities involves FX risk management.
Future support strategy for affiliates?
May shift from financial lending to technical collaboration or operational support.