百達-KY: Announcement Regarding New Endorsement Guarantee by Wewei Technology (Wuxi)
百達-KY has decided to set a new endorsement guarantee of 305.747 million TWD for BIGL Asia Pte. Ltd. due to group restructuring.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 26, 2026 at 07:33 (1h 1m after Collected)
Announcement Date: May 26, 2026
Time: 19:19:22
Company Code: 2236
Company Name: 百達-KY
Subject: Announcement regarding new endorsement guarantee by important subsidiary Wewei Technology (Wuxi) Co., Ltd., meeting the criteria of Article 23, Paragraph 1, Clause 4.
Description:
1. Date of occurrence: May 25, 2026
2. Guaranteed company:
(1) Company Name: BIGL Asia Pte. Ltd.
(2) Relationship: Both are subsidiaries 100% owned by Broadway Industrial Group Limited.
(3) Limit of endorsement guarantee (in thousands of TWD): 441,356
(4) Original balance of endorsement guarantee (in thousands of TWD): 0
(5) New endorsement guarantee amount (in thousands of TWD): 305,747
(6) Balance of endorsement guarantee as of occurrence date (in thousands of TWD): 305,747
(7) Actual amount utilized by the guaranteed company (in thousands of TWD): 0
(8) Reason for new guarantee: Contingent liability guarantee following the group's disposition of Wewei Technology (Shenzhen) Co., Ltd.
3. Collateral provided by the guaranteed company: None.
4. Financial status of the guaranteed company (latest):
(1) Capital (in thousands of TWD): 213,988
(2) Accumulated earnings/losses (in thousands of TWD): 836,757
5. Conditions for release from guarantee responsibility: 3.5 years from the effective date of the disposition of Wewei Technology (Shenzhen) Co., Ltd.
6. Total limit of endorsement guarantees (in thousands of TWD): 4,618,345
7. Balance of endorsement guarantees as of occurrence date (in thousands of TWD): 1,149,893
8. Ratio of endorsement guarantees balance to net worth of the latest financial report: 49.80%
9. Ratio of the sum of endorsement guarantees, long-term investments, and funds lent to the net worth of the latest financial report: 97.58%
Time: 19:19:22
Company Code: 2236
Company Name: 百達-KY
Subject: Announcement regarding new endorsement guarantee by important subsidiary Wewei Technology (Wuxi) Co., Ltd., meeting the criteria of Article 23, Paragraph 1, Clause 4.
Description:
1. Date of occurrence: May 25, 2026
2. Guaranteed company:
(1) Company Name: BIGL Asia Pte. Ltd.
(2) Relationship: Both are subsidiaries 100% owned by Broadway Industrial Group Limited.
(3) Limit of endorsement guarantee (in thousands of TWD): 441,356
(4) Original balance of endorsement guarantee (in thousands of TWD): 0
(5) New endorsement guarantee amount (in thousands of TWD): 305,747
(6) Balance of endorsement guarantee as of occurrence date (in thousands of TWD): 305,747
(7) Actual amount utilized by the guaranteed company (in thousands of TWD): 0
(8) Reason for new guarantee: Contingent liability guarantee following the group's disposition of Wewei Technology (Shenzhen) Co., Ltd.
3. Collateral provided by the guaranteed company: None.
4. Financial status of the guaranteed company (latest):
(1) Capital (in thousands of TWD): 213,988
(2) Accumulated earnings/losses (in thousands of TWD): 836,757
5. Conditions for release from guarantee responsibility: 3.5 years from the effective date of the disposition of Wewei Technology (Shenzhen) Co., Ltd.
6. Total limit of endorsement guarantees (in thousands of TWD): 4,618,345
7. Balance of endorsement guarantees as of occurrence date (in thousands of TWD): 1,149,893
8. Ratio of endorsement guarantees balance to net worth of the latest financial report: 49.80%
9. Ratio of the sum of endorsement guarantees, long-term investments, and funds lent to the net worth of the latest financial report: 97.58%
FAQ
What is an endorsement guarantee?
A financial procedure where a company guarantees to assume joint liability for the debts of another entity.
Why was this announcement made?
It was made as an administrative procedure to manage contingent liabilities arising from the disposition of a group company, Wewei Technology (Shenzhen).
What is the impact of this guarantee?
It is processed within the total limit of endorsement guarantees for百達-KY and is being implemented as part of the group's financial risk management.