Today's Information

Provided by: Acelon chemicals & Fiber Corporation
SEQ_NO 2 Date of announcement 2021/11/04 Time of announcement 19:29:48
Subject 
 Announcemnt of the balance of endorsements by Acelon
Corporation for Acegreen company reaches 20 percent
or more of its net worth in latest financial statement.
Date of events 2021/11/04 To which item it meets paragraph 22
Statement 
1.Date of occurrence of the event:2021/11/04
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1) Name of the spun off company:Acegreen Eco-material Technology Co., Ltd.
(2) Its relationship with the Company providing endorsements/guarantees:
100% wholly owned subsidiary of the company.
(3) The ceiling on the endorsements/guarantees (thousand NTD):1,373,739
(4) The original amount of endorsements/guarantees (thousand NTD): 770,940
(5) The amount of the current additional endorsements/guarantees
(thousand NTD):460,000
(6) The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):1,230,940
(7) The actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD):777,347
(8) The reason for the current additionalendorsements/guarantees:
Acegreen Eco-material Technology Co., Ltd., to meet business demands,
intends to apply to financial institutions for loans with endorsements/
guarantees to be provided by the Company.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
(1) Content:None.
(2) Value (thousand NTD):0
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
(1) Capital (thousand NTD):470,000
(2) Cumulative gains/losses (thousand NTD):-177,141
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1) Condition: According to the contract.
(2) Date: According to the contract.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
1,717,174
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):1,545,940
8.The amount of endorsements/guarantees as a percentage of the
public company��s net worth on the latest financial report as of the date of
occurrence:90.02
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company��s net worth on the latest financial
statements:101.93
10.Any other matters that need to be specified:None.

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Acelon Chemicals & Fiber Corp. published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 11:44:10 UTC.