Swancor : Announcement by Subsidiary, pursuant to Article 25.1.4 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Pubic Companies
Announcement by Subsidiary, pursuant to Article
25.1.4 of the Regulations Governing Loaning of Funds and
Making of Endorsements/Guarantees by Pubic Companies
Date of events
2022/08/03
To which item it meets
paragraph 22
Statement
1.Date of occurrence of the event:2022/08/03
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)Name of Company:Swancor(Jiangsu) New Materials Co., Ltd.
(2)Its relationship with the Company providing endorsements/guarantees:
100% wholly owned subsidiary
(3)The ceiling on the endorsements/guarantees (thousand NTD):2,408,144
(4)The original amount of endorsements/guarantees (thousand NTD):66,595
(5)The amount of the current additional endorsements/guarantees
(thousand NTD):599,360
(6)The amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):665,955
(7)The actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD):0
(8)The reason for the current additional endorsements/guarantees:
Apply for bank credit
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
(1)Content:None
(2)Value (thousand NTD):0
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):613,850
(2)Cumulative gains/losses (thousand NTD):194,735
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1)Condition:The expiration of contract
(2)Date:The expiration of contract
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
5,617,693
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):3,510,020
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:62.48
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:22.72
10.Any other matters that need to be specified:
(1)The guarantee amount is RMB 135 million (of which 15 million is
the extension of the bank's credit line. RMB/NTD exchange rate is 4.4397
(2)Announcement on behalf of subsidiary Swancor Advanced Materials Co.,Ltd.
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Swancor Holding Co. Ltd. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 01:50:03 UTC.
Swancor Holding Co Ltd is a Taiwan-based company mainly engage in the provision of resins. The new materials business is engaged in the provision of environmental protection and corrosion resistant materials such as vinyl ester resins and special unsaturated polyester resins, wind power blade materials such as infusion resins, mold resins, adhesives and prepreg resins for wind turbine blade beams, as well as composite materials such as environmentally friendly resins, rail transit safety materials and epoxy resins. The carbon fiber composite materials business is engage in the provision of wind power prepregs, flame-retardant prepregs, carbon fiber pultruded sheets and thermoplastic sheets. The offshore wind power business is engaged in the provision of offshore wind power development and maintenance services, energy technology services. The Company is also engaged in investment and technology business. The Company operates in Taiwan and mainland China markets.
Swancor : Announcement by Subsidiary, pursuant to Article 25.1.4 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Pubic Companies
SWANCOR HOLDING CO., LTD. 
