Announcement of paragraph 2 and 3 of Article 22
under the Regulations, on behalf of subsidiary HANGZHOU
WEI-CHUAN FOOD CO., LTD.
Date of events
2022/01/20
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/01/20
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: WEI CHUAN FOODS INVESTMENT 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$2,109,194 thousand.
(4)Starting outstanding balance (thousand NTD): NT$0 thousand.
(5)New loan (thousand NTD): NT$695,328 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$695,328 thousand.
(8)Reason for new loan:
WEI CHUAN FOODS INVESTMENT CO., LTD.'s 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): NT$405,464 thousand.
(2)Cumulative gains/losses (thousand NTD): NT$156,216 thousand.
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 January 20, 2023.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):NT$1,854,354 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:26.9%
9.Sources of funds for the company to extend monetary loans to others:
Self owned funds and financial institutions.
10.Any other matters that need to be specified:None.
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Wei Chuan Foods Corp. published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 09:15:09 UTC.
Wei Chuan Foods Corp. is a Taiwan-based company principally engaged in the manufacture and sales of food products. The Company and its subsidiaries operate through five segments. Food segment manufactures food products of dairy series, beverage series, convenience food series, cold storage series, salad series, nutritional and health series and others. Operation segment is engaged in the operation of supermarkets and the wholesales and retailing of tea. Packaging Materials segment manufactures food molds and plastic bottle tops. Development segment is engaged in the trading and leasing of real estates. Other businesses include importing and exporting, logistics management, the trading of vegetables and fruits and agriculture and fishery products, the design and construction of petrochemical plants and investment businesses, among others.
WEI CHUAN FOODS CORPORATION 
