Announcement for Honghuasheng Precision
Electronics (Yantai) Ltd. made new loan to others.
Date of events
2022/06/02
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/06/02
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: Wuhu Ruichang Electric Systems Co., Ltd.
(2)Relationship with lender: Sub-Subsidiary held 80% by the parent company
100% owned subsidiary.
(3)Lending limit (thousand NTD):399,349
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD): 260,676
(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: No.
(7)Outstanding balance (thousand NTD) up to the date of occurrence:260,676
(8)Reason for new loan (thousand NTD): For operational need of related
subsidiaries.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):0
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):79,102
(2)Cumulative gains/losses (thousand NTD):18,312
5.Method of calculation of interest:Based on average loan rate of the company.
6.For repayment, the condition and the date:Repay at maturity.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):260,676
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:2.14
9.Sources of funds for the company to extend monetary loans to others:
Owned fund.
10.Any other matters that need to be specified:None.
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Pan-International Industrial Corporation published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 08:01:07 UTC.
Pan-International Industrial Corp. is a Taiwan-based company principally engaged in the manufacture and sales of electronic components, consumer electronic products and computer peripheral products. The Companyâs main products include electronic signal wires and cables, couplers, connection wires, printed circuits (PCs) of computer communication equipment and other accessories. The Company is also engaged in the provision of electronic manufacturing services. The Company operates businesses in Mainland China, Hong Kong, Malaysia, the United States, the United Kingdom, Taiwan and other regions.
PAN-INTERNATIONAL INDUSTRIAL CORP. 