Today's Information

Provided by: WEI CHUAN FOODS CORP.
SEQ_NO 2 Date of announcement 2022/07/25 Time of announcement 17:27:47
Subject 
 Announcement of paragraph 3 of Article 22 under
the Regulations, on behalf of subsidiary HANGZHOU
WEI-CHUAN FOOD CO., LTD.
Date of events 2022/07/25 To which item it meets paragraph 23
Statement 
1.Date of occurrence of the event:2022/07/25
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: LANGFANG WEI-CHUAN FOODS CO., LTD.
(2)Relationship with lender: WEI CHUAN FOODS CORPORATION holds, directly or
indirectly, 100% of the shares of the foreign subsidiary.
(3)Lending limit (thousand NTD): NT$2,244,410 thousand.
(4)Starting outstanding balance (thousand NTD): NT$128,420 thousand.
(5)New loan (thousand NTD): NT$221,414 thousand.
(6)Is it part of a scheduled allocation or revolving limit forthe 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$349,834 thousand.
(8)Reason for new loan: Working capital needs.

(1)Name: SUZHOU WEI-CHUAN FOODS CO., LTD.
(2)Relationship with lender: WEI CHUAN FOODS CORPORATION holds, directly or
indirectly, 100% of the shares of the foreign subsidiary.
(3)Lending limit (thousand NTD): NT$2,244,410 thousand.
(4)Starting outstanding balance (thousand NTD): NT$110,707 thousand.
(5)New loan (thousand NTD): NT$354,263 thousand.
(6)Is it part of a scheduled allocation or revolving limit forthe 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$464,970 thousand.
(8)Reason for new loan: Working capital needs.

(1)Name: Hangzhou Weichuan Biotechnology Foods Co., Ltd.
(2)Relationship with lender: WEI CHUAN FOODS CORPORATION holds, directly or
 indirectly, 100% of the shares of the foreign subsidiary.
(3)Lending limit (thousand NTD): NT$2,244,410 thousand.
(4)Starting outstanding balance (thousand NTD): NT$221,414 thousand.
(5)New loan (thousand NTD): NT$132,849 thousand.
(6)Is it part of a scheduled allocation or revolving limit forthe 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$354,263 thousand.
(8)Reason for new loan: Working capital needs.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None.
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):
LANGFANG WEI-CHUAN FOODS CO., LTD. : 405,781
SUZHOU WEI-CHUAN FOODS CO., LTD. : 885,660
Hangzhou Weichuan Biotechnology Foods Co., Ltd. : 346,369
(2)Cumulative gains/losses (thousand NTD):
LANGFANG WEI-CHUAN FOODS CO., LTD. : 231,103
SUZHOU WEI-CHUAN FOODS CO., LTD. : -22,747
Hangzhou Weichuan Biotechnology Foods Co., Ltd. : -507,740
5.Method of calculation of interest:
Interest calculated daily and repaid quarterly.
6.For repayment, the condition and the date:
(1)Condition: 1 year; early repayment allowed.
(2)Date: By July 25, 2023.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NT$2,600,585 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:37.04%
9.Sources of funds for the company to extend monetary loans to others:
Self owned funds.
10.Any other matters that need to be specified:None.

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Wei Chuan Foods Corp. published this content on 25 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2022 09:33:04 UTC.