Tainergy Tech : Announcement pursuant to Article 22, Paragraph 1, Subparagraph 2 & 3 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees
Announcement pursuant to Article 22, Paragraph 1,
Subparagraph 2 & 3 of the Regulations Governing Loaning
of Funds and Making of Endorsements/Guarantees
Date of events
2022/03/16
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event: 2022/03/16
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: TAISIC MATERIALS CORP.
(2) Relationship with lender: 55.41% directly owned subsidiary
(3) Lending limit (thousand NTD): 364,200
(4) Starting outstanding balance (thousand NTD): 0
(5) New loan (thousand NTD): 200,000
(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: 200,000
(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) Content: None
(2) 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): 30,000
(2) Cumulative gains/losses (thousand NTD): -23,053
5.Method of calculation of interest: According to the loan agreement
6.For repayment, the condition and the date: According to the loan agreement
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD): 564,390
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: 30.99%
9.Sources of funds for the company to extend monetary loans to others:
Funds sourced from parent company itself
10.Any other matters that need to be specified: None
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Tainergy Tech Co. Ltd. published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 11:27:05 UTC.
Tainergy Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of solar cells and solar modules. The Company's products include six-inch multi-crystalline silicon solar cells and six-inch mono-crystalline silicon solar cells. Its products are primarily applied in watches, mini-size computers, battery chargers, solar electrical bicycles, power generations and others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia and Europe.
Tainergy Tech : Announcement pursuant to Article 22, Paragraph 1, Subparagraph 2 & 3 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees