Eternal Materials: Announce Subsidiary Increase Monetary Loan Balance Exceeding TWD 10 Million and 2% of Company Equity and Related Matters
Declaration
1.Date of occurrence of the event:2021/12/22 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): A.Name of the company:Eternal Chemical (Chengdu) Co., Ltd. Relationship to the Company:100% indirectly-owned subsidiary Ceiling amount on loan amount:TWD8,521,512 thousands Originally extended loans amount:TWD740,823 thousands Current additional loans:TWD871,556 thousands Whether of not the board of directors authorize the chairperson to give loans for the borrowing counterparty: Yes Total extended amount of loans:TWD1,612,379 thousands Reason for current additional loans: operational needs B.Name of the company:Eternal Materials Co.,Ltd. Relationship to the Company:100% indirectly-controlled foreign subsidiary to the company which is controlling parent company. Ceiling amount on loan amount:TWD34,966,342 thousands Originally extended loans amount:TWD0 thousands Current additional loans:TWD500,400 thousands Whether of not the board of directors authorize the chairperson to give loans for the borrowing counterparty: No Total extended amount of loans:TWD500,400 thousands Reason for current additional loans: loan repayment 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): Capital:TWD12,808,700 thousands Accumulated gains:TWD5,926,101 thousands 5.Method of calculation of interest: Interest calculated by daily 6.For repayment, the condition and the date: Repayment at any time if necessary 7.The amount of monetary loans extended to others as of the date of occurrence (thousand NTD):TWD11,599,895 thousands 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:49.85% 9.Sources of funds for the company to extend monetary loans to others: The Company's subsidiary 10.Any other matters that need to be specified: 1.The FX rate of CNY/TWD=4.35778�FUSD/TWD=27.8 2.Capital of Eternal Chemical (Chengdu) Co., Ltd.:TWD405,905 thousands Eternal Materials Co.,Ltd.:TWD12,402,795 thousands 3.Accumulated gain or loss of the loan recipient Eternal Chemical (Chengdu) Co., Ltd.:TWD-792,115 thousands Eternal Materials Co.,Ltd.:TWD6,718,216 thousands
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