Chung Hsin Electric and Machinery Manufacturing : Announcement pursuant to Article 25, Paragraph 1, Subparagraph 4 of the Regulations Governing Loaning of Funds and Making of Endorsement/Guarantees

 Announcement pursuant to Article 25, Paragraph 1,
Subparagraph 4 of the Regulations Governing Loaning of
Funds and Making of  Endorsement/Guarantees

1.Date of occurrence of the event:2022/08/09
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)Funding recipient name: Tian Chong Energy Co. Ltd.
(2)Relationship with the company providing endorsement/guarqantees: Tian
Chong Energy Co. Ltd. is the subsidiary of the Company with direct
investment.
The Company owns 87.07% of the shares of it.
(3)the ceiling on the endorsements/guarantees (thousand NTD): 17,202,629
(4)the original amount of endorsements/guarantees (thousand NTD): 1,100,046
(5)the amount of the current additional endorsements/guarantees
(thousand NTD):1,000,000
(6)the amount of endorsements/guarantees as of the date of occurrence
(thousand NTD): 2,100,046
(7) the actual loaned amount of the company for whom endorsements/
guarantees were made (thousand NTD): 1,931,618
(8) the reason for the current additional endorsements/guarantees:
The amount will be used for business operating purpose.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
the content: Promissory note
the value(thousand NTD): 2,100,046
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):
the Capital (thousand NTD):1,146,222
the Cumulative gains/losses (thousand NTD):-22,899
5.For termination of endorsement/guarantee obligations, the condition and
the date:To be in compliance with the agreement.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
22,936,839
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):5,558,242
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:48.47%
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:29.41%
10.Any other matters that need to be specified:The aggregate amount to the
funding recipient (Tian Chong Energy Co. Ltd.) from the endorsement
/guarantee, the book value of investment under equity method and the
monetary loans is 3,373,121 (thousand NTD)