The announcement of the amount of new loan funds reaches NT $ 10 million or more, and reaches 2% or more of the last net financial worth of Accelon Cooperation.

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Provided by: Acelon Chemicals & Fiber Corporation

SEQ_NO

3

Announcement date

2021/11/04

Announcement time

19:37:57

Topic

 Announcemnt of the amount of new loans of funds
reaches NT$10 million or more, and reaches 2 percent or
more of Acelon Cooperation's latest financial net worth.

Date of events

2021/11/04

What element he answers

paragraph 23

Declaration

1.Date of occurrence of the event:2021/11/04
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:Acegreen Eco-material Technology Co., Ltd.
(2)Relationship with lender: 100% wholly owned subsidiary of the Company.
(3)Lending limit (thousand NTD): NT$171,717
(4)Starting outstanding balance (thousand NTD):NT$60,000
(5)New loan (thousand NTD): NT$105,000
(6)Is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorizedby the board of directors
to allocate:Yes .
(7)Outstanding balance (thousand NTD) up to the date
of occurrence: NT$165,000
(8)Reason for new loan (thousand NTD): Working capital.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):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$470,000
(2) Cumulative gains/loss es (thousand NTD):NT$-177,141
5.Method of calculation of interest:
1.85% interest calculated by year
6.For repayment, the condition and the date:
(1) Condition:According to the contract.
(2) Date:According to the contract.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):165,000
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:9.61
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.

Disclaimer

Acelon Chemicals & Fiber Corp. published this content on 04 November 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 04 November 2021 12:04:14 PM UTC.

Public now 2021

All the news on ACELON CHEMICALS & FIBER CORPORATION
Sales 2020 2,635 million
94.6 million
94.6 million
2020 net income 42.5 million
1.53 million
1.53 million
Net debt 2020 963 million
34.6 million
34.6 million
PER 2020 ratio 51.3x
2020 yield
Capitalization 1,734 million
62.2 million
62.2 million
VE / Sales 2019 0.66x
VE / Sales 2020 1.19x
Number of employees 514
Free float 60.0%

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