Nidec Chaun Choung Technology : Announce on behalf of major subsidiary NJCI pursuant to Article 22.1.3 of Regulations for Loaning of Funds and Making of Endorsements/Guarantees
Announce on behalf of major subsidiary NJCI
pursuant to Article 22.1.3 of Regulations for
Loaning of Funds and Making of Endorsements/Guarantees
Date of events
2022/01/24
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/01/24
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1) Name of funding recipient:Nidec Chaun-Choung Technology Corp.
(2) Relationship with lender:The 100% indirectly owned subsidiaries of the
Company.
(3) Lending limit (thousand NTD): NT$2,853,660 thousand.
(4) Starting outstanding balance (thousand NTD) up to the
date of occurrence: NT$0 thousand.
(5) new loan (thousand NTD): NT$217,200 thousand.
(6) Is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate: Yes.
(7) Outstanding balance (thousand NTD) up to the date
of occurrence: NT$217,200 thousand.
(8) Reason for new loan (thousand NTD): working capital needs.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):
(1) Content: none
(2) Value (thousand NTD): NT$0 thousand.
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1) Capital (thousand NTD): NT$863,434 thousand.
(2) Cumulative gains/losses (thousand NTD): NT$3,441,300 thousand.
5.Method of calculation of interest:the prime rate of CNY of banks.
6.For repayment, the condition and the date:within 1 year from drawdown date,
repayment of principle and interest.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD): NT$217,200 thousand.
8.The total amount of monetary loans extended to others as a percentage of
the public company��s net worth on the latest financial statements as of the
date of occurrence:4.73%
9.Sources of funds for the company to extend monetary loans to others:
Self-owned funds of the subsidiary.
10.Any other matters that need to be specified:None
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Nidec Chaun Choung Technology Corporation published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 10:03:06 UTC.
Nidec Chaun Choung Technology Corp, formerly Chaun-Choung Technology Corp is a Taiwan-based company principally engaged in the manufacture, processing and sale of heat-dissipating parts. The Company is also engaged in the design of heat dissipation product, and the provision of solution for heat dissipation. The Company's main products include thermal modules, heat sinks, heat pipes and micro-thermal plates. The Company's products are mainly used in desktop computers, notebook computers, servers, workstations and base stations. The Company distributes its products in domestic market and to overseas markets.
Nidec Chaun Choung Technology : Announce on behalf of major subsidiary NJCI pursuant to Article 22.1.3 of Regulations for Loaning of Funds and Making of Endorsements/Guarantees
NIDEC CHAUN-CHOUNG TECHNOLOGY CORPORATION 
