Today's Information

Provided by: CHUNG HWA PULP CORP.
SEQ_NO 6 Date of announcement 2022/03/15 Time of announcement 18:22:03
Subject 
 On behalf of Guangdong Dingfung Pulp and Paper
Co., Ltd., CHP issues this lending notice
Date of events 2022/03/15 To which item it meets paragraph 23
Statement 
1.Date of occurrence of the event:2022/03/15
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.
  (1)Company: YUEN FOONG YU PAPER MFG(YANGZHOU) Co., Ltd.
  (2)Relationship to the Company: Fellow subsidiaries
  (3)Short-term loan facility with the limit of funds (thousand):
          NT$ 451,350
  (4)With the balanc5 of the original loan funds (thousand):NT$ 0
  (5)The amount of new loans to associated (thousand):NT$ 451,347
  (6)Whether the chairman of the Board of Directors authorized the loan
     with the object of the same sub-sub-prime or funds set aside to
     spend the loan cycle with: No
  (7)The fact occur until the balance of loans to date only (thousand):
     NT$ 451,347
  (8)The new loan funds with reason :The conglomerate's cash pooling
     arrangement has reached the end of a term and new loan arrangements
     need to be reestablished
  B.
  (1)Company: YFY PACKAGING (YANGZHOU) INVESTMENT CO., LTD.
  (2)Relationship to the Company: Fellow subsidiaries
  (3)Short-term loan facility with the limit of funds (thousand):
          NT$ 451,350
  (4)With the balanc5 of the original loan funds (thousand):NT$ 0
  (5)The amount of new loans to associated (thousand):NT$ 451,347
  (6)Whether the chairman of the Board of Directors authorized the loan
     with the object of the same sub-sub-prime or funds set aside to
     spend the loan cycle with: No
  (7)The fact occur until the balance of loans to date only (thousand):
     NT$ 451,347
  (8)The new loan funds with reason :The conglomerate's cash pooling
     arrangement has reached the end of a term and new loan arrangements
     need to be reestablished
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 accept loans to the company's most recent financial
     statements (thousand):NT$ 18,078,606
  (2)Accept the cumulative gain or loss amount (thousand) loans to
     the company's most recent financial statements: NT$ -15,152,666

5.Method of calculation of interest:
     Annual interest rate of 3.25%
6.For repayment, the condition and the date:
     Repayment fund from business operations and investment income
     2022.03.31-2023.03.30
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):
     NT$ 2,094,016
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:
     13.54%
9.Sources of funds for the company to extend monetary loans to others:
     Subsidiary itself
10.Any other matters that need to be specified:
    Should the company have any non-cash pooling lending activities
 with Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd., YFY  Packaging
 (Yangzhou) Investment Co., Ltd. or other companies, it shall be guided
 according to the "Procedures for Lending of Funds to Other Parties"
 of the company. Furthermore, the lending shall be managed with the
 cash pooling of Yuen Foong Yu Paper MFG (Yangzhou) Co., Ltd. & YFY
 Packaging  (Yangzhou) Investment Co., Ltd. and be considered within
 its cash pooling limitation amount.
 Capital (thousand):
 A. Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. : NT$7,553,748
 B. YFY Packaging (Yangzhou) Investment Co., Ltd.: NT$10,524,858
 Accumulated profit/loss (thousand):
 A. Yuen FoongYu Paper MFG (Yangzhou) Co., Ltd. : -NT$7,412,324
 B. YFY Packaging (Yangzhou) Investment Co., Ltd. :-NT$7,740,342

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Chung Hwa Pulp Corp. published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 10:41:01 UTC.