Rechi Precision : Announcement according to Article 22.1.3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
Announcement according to Article 22.1.3
of Regulations Governing Loaning of Funds and Making
of Endorsements/Guarantees by Public Companies
Date of events
2022/08/09
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/09
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)Funding recipient name:
RECHI(JIUJIANG) PRECISION ELECTRIC MACHINERY CO., LTD.
(2)Relationship with lender:
The debtor, RECHI(JIUJIANG) PRECISION ELECTRIC MACHINERY CO., LTD.,
of which 100% of the ordinary shares are held by the
RECHI PRECISION CO., LTD.
(3)Lending limit (thousand NTD):925906
(4)Starting outstanding balance (thousand NTD):217630
(5)New loan (thousand NTD):354968
(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:572598
(8)Reason for new loan (thousand NTD):Working capital
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):
(1)The content:None
(2)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)The capital(thousand NTD):1903145
(2)The cumulative gains/losses(thousand NTD):233592
5.Method of calculation of interest: Based on contract
6.For repayment, the condition and the date:
(1)The condition:Based on contract
(2)The date:Based on contract
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):1837588
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:20%
9.Sources of funds for the company to extend monetary loans to others:
RECHI PRECISION CO., LTD. owns funds by itself.
10.Any other matters that need to be specified:None
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Rechi Precision Co. Ltd. published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 11:35:05 UTC.
RECHI PRECISION CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of compressors. The Companyâs primary products include rotary compressors and relevant pump sets, direct current variable-frequency controllers, motors and hot water equipment for commercial and residential purposes. The Companyâs products are mainly used in the manufacture of air conditioners, water heaters, dehumidifiers and cloth dryers, among others. The Company mainly operates through three business segments: compressors business segment, motors business segment and pumps business segment. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China, Thailand, Poland and others.
Rechi Precision : Announcement according to Article 22.1.3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
RECHI PRECISION CO., LTD. 
