[Darfon] Subsidiary Suzhou Darfon Electronics Co., Ltd. Announces Fund Loaning to Kenstone Metal Corp.
Darfon announced that its subsidiary, Suzhou Darfon Electronics, has provided an additional intercompany loan of 31.525 million TWD to Kenstone Metal Corp. to support its working capital, bringing the total outstanding loan to over 2.67 billion TWD.
📋 Article Processing Timeline
- 📰 Published: May 15, 2026 at 09:00
- 🔍 Collected: May 16, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 16, 2026 at 09:28 (1h 28m after Collected)
1. Date of occurrence of the event: 2026/05/15
2. The company accepting the fund loaning:
(1) Company name: Kenstone Metal Corp.
(2) Relationship with the lender: Both are subsidiaries of Darfon Electronics Corp.
(3) Limit of fund loaning (thousands TWD): 1,824,209
(4) Original balance of fund loaning (thousands TWD): 0
(5) Amount of current newly added fund loaning (thousands TWD): 31,525
(6) Is it a board-authorized quota for revolving use by the chairman: Yes
(7) Balance of fund loaning up to the date of occurrence (thousands TWD): 31,525
(8) Reason for current newly added fund loaning: Working capital needs
3. Collateral provided by the borrower:
(1) Content: None
(2) Value (thousands TWD): 0
4. Most recent financial statements of the borrower:
(1) Capital (thousands TWD): 729,684
(2) Accumulated profit/loss (thousands TWD): -588,476
5. Interest calculation method: Annual interest rate of 3.81%
6. Repayment:
(1) Condition: Principal and interest repaid in a lump sum at maturity (may be repaid early in installments)
(2) Date: According to contract provisions
7. Total outstanding loan balance up to the date of occurrence (thousands TWD): 2,677,635
8. Ratio of total outstanding loan balance to the net worth of the public company's most recent financial statements: 26.34%
9. Source of funds for loaning: The subsidiary itself
10. Other matters to be specified: None
2. The company accepting the fund loaning:
(1) Company name: Kenstone Metal Corp.
(2) Relationship with the lender: Both are subsidiaries of Darfon Electronics Corp.
(3) Limit of fund loaning (thousands TWD): 1,824,209
(4) Original balance of fund loaning (thousands TWD): 0
(5) Amount of current newly added fund loaning (thousands TWD): 31,525
(6) Is it a board-authorized quota for revolving use by the chairman: Yes
(7) Balance of fund loaning up to the date of occurrence (thousands TWD): 31,525
(8) Reason for current newly added fund loaning: Working capital needs
3. Collateral provided by the borrower:
(1) Content: None
(2) Value (thousands TWD): 0
4. Most recent financial statements of the borrower:
(1) Capital (thousands TWD): 729,684
(2) Accumulated profit/loss (thousands TWD): -588,476
5. Interest calculation method: Annual interest rate of 3.81%
6. Repayment:
(1) Condition: Principal and interest repaid in a lump sum at maturity (may be repaid early in installments)
(2) Date: According to contract provisions
7. Total outstanding loan balance up to the date of occurrence (thousands TWD): 2,677,635
8. Ratio of total outstanding loan balance to the net worth of the public company's most recent financial statements: 26.34%
9. Source of funds for loaning: The subsidiary itself
10. Other matters to be specified: None