Solar Applied Materials Technology : Announcement for Subsidiary SOLARIC CAYMAN under §22-1-3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
Provided by: Solar Applied Materials Technology Corp.
SEQ_NO
5
Date of announcement
2022/08/02
Time of announcement
14:53:18
Subject
Announcement for Subsidiary SOLARIC CAYMAN under
§22-1-3 of Regulations Governing Loaning of Funds and
Making of Endorsements/Guarantees by Public Companies
Date of events
2022/08/02
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/08/02
2.Funding recipient (1)Name(2)Relationship with lender
(3)Lending limit (thousand NTD)(4)Starting outstanding
balance (thousand NTD)(5)New loan (thousand NTD)(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(7)Outstanding
balance (thousand NTD) up to the date of occurrence
(8)Reason for new loan (thousand NTD):
(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):666,597
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):269,460
(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:269,460
(8)Reason for new loan (thousand NTD):Fo working capital and to reduce
capital cost
3.For collaterals provided by the loan recipient, the
(1)Content(2)Value (thousand NTD):
(1)Content:None
(2)Value (thousand NTD):0
4.For the latest financial reports of the loan recipient, the
(1)Capital (thousand NTD)(2)Cumulative gains/losses
(thousand NTD):
(1)Capital (thousand NTD):5,971,032
(2)Cumulative gains/losses (thousand NTD):1,716,158
5.Method of calculation of interest:0%
6.For repayment, the(1)Condition(2)Date:
(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):292,214
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:2.42
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
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Solar Applied Materials Technology Corporation published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 06:59:03 UTC.
Solar Applied Materials Technology Corporation is a Taiwan-based company principally engaged in the manufacture and trading of precious metal materials and thin film sputtering targets. The Company's precious metal materials include precious metals chemicals, such as silver nitrates, silver cyanides, potassium gold cyanides and potassium silver cyanides, precious metals materials, such as tubes, wires, plate materials, copper-based alloys and others, platinum powders and rare metal powders, gold and silver ingots, platinum ingots and rare metals. Its thin film sputtering targets include targets made of metals, alloys, ceramics and composite materials used for the optical disk, hard disk drive (HDD), passive component, tool, lighting emitting diode (LED), semiconductor, and solar energy industries. The Company distributes its products mainly in Taiwan market and the rest of Asia.
Solar Applied Materials Technology : Announcement for Subsidiary SOLARIC CAYMAN under §22-1-3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies
SOLAR APPLIED MATERIALS TECHNOLOGY CORPORATION 
