Announcements
06.Nov.2024
Announcement for Subsidiary SOLARIC CAYMAN under §22-1-3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
1.Date of occurrence of the event:2024/11/06
2.Funding recipient:
(1)Name:Solar Applied Materials Technology Corp.
(2)Relationship with lender:
Parent company of SOLARIC APPLIED MATERIAL TECHNOLOGY (CAYMAN) CORP.
(3)Lending limit (thousand NTD):718,949
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):288,360
(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:288,360
(8)Reason for new loan (thousand NTD):Fo working capital and to reduce capital cost
3.For collaterals provided by the loan recipient :
(1)Content:None
(2)Value (thousand NTD):0
4.For the latest financial reports of the loan recipient :
(1)Capital (thousand NTD):5,961,752
(2)Cumulative gains/losses (thousand NTD):2,838,515
5.Method of calculation of interest:0%
6.For repayment :
(1)Condition:Early repayment in part or in full is allowed
(2)Date:No more than one year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):314,633
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:2.30
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary itself
10.Any other matters that need to be specified:None
2.Funding recipient:
(1)Name:Solar Applied Materials Technology Corp.
(2)Relationship with lender:
Parent company of SOLARIC APPLIED MATERIAL TECHNOLOGY (CAYMAN) CORP.
(3)Lending limit (thousand NTD):718,949
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):288,360
(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:288,360
(8)Reason for new loan (thousand NTD):Fo working capital and to reduce capital cost
3.For collaterals provided by the loan recipient :
(1)Content:None
(2)Value (thousand NTD):0
4.For the latest financial reports of the loan recipient :
(1)Capital (thousand NTD):5,961,752
(2)Cumulative gains/losses (thousand NTD):2,838,515
5.Method of calculation of interest:0%
6.For repayment :
(1)Condition:Early repayment in part or in full is allowed
(2)Date:No more than one year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):314,633
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:2.30
9.Sources of funds for the company to extend monetary loans to others:
Subsidiary itself
10.Any other matters that need to be specified:None