【GINLI-KY】Announcement on Improvement Plan for Subsidiary's Over-Limit Loan
Ginli-KY's subsidiary, Golden Apple (China) Co., Ltd., announced an improvement plan after its loan to a sub-subsidiary exceeded the limit by NT$119.462 million. The plan includes amending loan procedures at the upcoming shareholders' meeting and optimizing the sub-subsidiary's operations.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 09:24 (1h 24m after Collected)
## Press Release Information
1. Date of occurrence of the event: 2026/05/08
2. Company name: Golden Apple (China) Co., Ltd.
3. Relationship with the company (please enter "this company" or "subsidiary"): Subsidiary
4. Mutually held shares: Not applicable
5. Reason for the occurrence:
Golden Apple (China) Co., Ltd., a subsidiary of this company, provided a loan to its subsidiary Changtai Golden Apple Industrial Co., Ltd. The amount of the loan exceeded the prescribed limit by NT$119,462 thousand. Consequently, an improvement plan must be formulated, its implementation status announced quarterly, and reported to the board of directors quarterly for control.
6. Corrected information item/report name: Not applicable.
7. Amount/content/page before correction: Not applicable.
8. Amount/content/page after correction: Not applicable.
9. Countermeasures:
(1) This company has already approved the amendment of the "Procedures for Lending Funds to Others" at the board meeting on 2025/08/25, and it has been listed as an agenda item for the annual general meeting of shareholders on 2026/06/23. After the resolution is passed at the shareholders' meeting, the loan amount to Changtai Golden Apple will comply with the revised limit regulations.
(2) During this transitional period, the company will continue to optimize Changtai Golden Apple's operating performance to enhance its net worth.
10. Other matters that need to be specified:
The implementation status will be announced quarterly until the 2026 shareholders' meeting.
1. Date of occurrence of the event: 2026/05/08
2. Company name: Golden Apple (China) Co., Ltd.
3. Relationship with the company (please enter "this company" or "subsidiary"): Subsidiary
4. Mutually held shares: Not applicable
5. Reason for the occurrence:
Golden Apple (China) Co., Ltd., a subsidiary of this company, provided a loan to its subsidiary Changtai Golden Apple Industrial Co., Ltd. The amount of the loan exceeded the prescribed limit by NT$119,462 thousand. Consequently, an improvement plan must be formulated, its implementation status announced quarterly, and reported to the board of directors quarterly for control.
6. Corrected information item/report name: Not applicable.
7. Amount/content/page before correction: Not applicable.
8. Amount/content/page after correction: Not applicable.
9. Countermeasures:
(1) This company has already approved the amendment of the "Procedures for Lending Funds to Others" at the board meeting on 2025/08/25, and it has been listed as an agenda item for the annual general meeting of shareholders on 2026/06/23. After the resolution is passed at the shareholders' meeting, the loan amount to Changtai Golden Apple will comply with the revised limit regulations.
(2) During this transitional period, the company will continue to optimize Changtai Golden Apple's operating performance to enhance its net worth.
10. Other matters that need to be specified:
The implementation status will be announced quarterly until the 2026 shareholders' meeting.