Jinan Acetate Chemical : Announcement pursuant to Paragraph Article 22 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by public companies
Announcement pursuant to Paragraph Article
22 of Regulations Governing Loaning of Funds and
Making of Endorsements/Guarantees by public companies
Date of events
2022/08/01
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/01
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)Jinan Acetate Chemical Co., LTD.
(2)Relationship with lender:
The parent company that indirectly holds 100% equity of the company
(3)Lending limit (thousand NTD):801,151
(4)Starting outstanding balance (thousand NTD):14,860
(5)New loan (thousand NTD):45,000
(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:yes
(7)Outstanding balance (thousand NTD) up to the date of
occurrence:59,860
(8)Reason for new loan (thousand NTD):Working capital
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):
(1) Content: None
(2) Value (thousand NTD):0
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): 580,626
(2) Cumulative losses(thousand NTD) :881,403
5.Method of calculation of interest:Annual interest rate 1.5%
6.For repayment, the condition and the date:
(1) Condition: 1 year; early repayment allowed
(2) Date:One-year repayment according to the moving date
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):237,420
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:11.28
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:USD/NTD:1:30
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Jinan Acetate Chemical Co. Ltd. published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 10:44:02 UTC.
Jinan Acetate Chemical Co., LTD. is an acetate tow manufacturer. The Company and its subsidiaries are principally engaged in research and development, manufacturing and sale of acetate tow. The Company's main product is cellulose acetate tow, which is applied in filters, reverse osmosis films, hollow fibers, acetate fibers for textile, and other fileds.
Jinan Acetate Chemical : Announcement pursuant to Paragraph Article 22 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by public companies
JINAN ACETATE CHEMICAL CO., LTD. 
