Longchen Paper & Packaging : P&P announced in accordance with Article 25 P1 (3) of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees
Longchen P&P announced in accordance with Article
25 P1 (3) of Regulations Governing Loaning of Funds and
Making of Endorsements/Guarantees
Date of events
2022/08/12
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/08/12
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1)Compamy name:Pinghu Longchen Greentech Co., Ltd.
(2)relationship with the Company:Subsidiaries where the company holds
more than 50% equity
(3)the ceiling on the endorsements/guarantees(thousand NTD):19,759,481
(4)the original amount of endorsements/guarantees(thousand NTD):
6,142,975
(5)the amount of the current additional endorsements/guarantees
(thousand NTD):1,200,690
(6)the amount of endorsements/guarantees as of the date of
occurrence of the event(thousand NTD):7,343,665
(7)the actual loaned amount of the company who was made
the endorsements/guarantees(thousand NTD):6,044,726
(8)the reason for the current additional endorsements/guarantees:
Working capital
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
None.
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
(1)Capital (thousand NTD):5,119,386
(2)Cumulative gains/losses(thousand NTD):4,658,309
5.For termination of endorsement/guarantee obligations, the condition and
the date:According to the loan agreement
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
74,098,053
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):42,641,104
8.The amount of endorsements/guarantees as a percentage of the
public company's net worth on the latest financial report as of the date of
occurrence:172.64
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company's net worth on the latest financial
statements:69.54
10.Any other matters that need to be specified:None.
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Long Chen Paper Co. Ltd. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 06:18:02 UTC.
Longchen Paper & Packaging Co., Ltd., formerly Long Chen Paper Co., Ltd., is a Taiwan-based company principally engaged in the manufacture and sale of paper products. The Companyâs products include industrial paper and corrugated paper container products. Its industrial paper includes kraft paperboards and corrugated medium paper. Its corrugated paper products include corrugated paperboards and corrugated paper boxes. The Company is also involved in the provision of recycling of energy and resources services, including the purchasing and sale of waste paper, the treatment of public sewage, the cogeneration of steam and electricity, the turnkey contracting of incinerators, car testing and commission operation businesses. The Company operates businesses in Taiwan, China, Japan and Germany.
Longchen Paper & Packaging : P&P announced in accordance with Article 25 P1 (3) of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees
LONGCHEN PAPER & PACKAGING CO., LTD. 
