Voltronic Power Technology : Disclosure of intercompany loan transaction on behalf of Orchid Power (Shen Zhen) Manufacturing Company a subsidiary of Voltronic
Disclosure of intercompany loan transaction
on behalf of Orchid Power (Shen Zhen) Manufacturing
Company a subsidiary of Voltronic
Date of events
2022/02/24
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/02/24
2.The public company or its subsidiaries for which the amount of monetary
loans extended to others reaches 20 percent or more of the public company's
net worth on the latest financial statements, please specify name of funding
recipient, relationship with lender, lending limit (thousand NTD),
outstanding balance (thousand NTD) up to the date of occurrence and
the reason for lending up to the date of occurrence:
(一)Name of the company:Zhongshan Voltronic Power Electronics Limited.
Relationship to the Company:Orchid Power(Shen Zhen) Manufacturing Company
and Zhongshan Voltronic Power Electronics Limited.
are the investee company which Voltronic holds 100%
lending limit (thousand NTD):1450343 thousand
outstanding balance (thousand NTD):1394820thousand
Reason for lending:Operating requirement
3.The total amount of monetary loans extended to others as of the date of
occurrence:1394820
4.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:24.44%
5.Sources of funds for the company to extend monetary loans to others:
The Company
6.Any other matters that need to be specified:N/A
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Voltronic Power Technology Corporation published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 14:05:02 UTC.
Voltronic Power Technology Corp is a Taiwan-based company principally engaged in the manufacture and sale of uninterruptible power systems (UPSs). The Company's main products include off-line UPSs, on-line UPSs. The Company is also engaged in the design, production and manufacture of power converters (or variable converters, inverters), voltage regulators (AVR) and photovoltaic inverters. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.
Voltronic Power Technology : Disclosure of intercompany loan transaction on behalf of Orchid Power (Shen Zhen) Manufacturing Company a subsidiary of Voltronic
VOLTRONIC POWER TECHNOLOGY CORP. 
