Shinfox Energy : Announcement on correction of endorsement and guarantee details

 Announcement on correction of endorsement and
guarantee details

1.Date of occurrence of the event:2022/04/29
2.Company name:SHINFOX ENERGY CO., LTD.
3.Relationship with the Company (please enter "the company itself"
or "subsidiaries"):the company itself
4.Reciprocal shareholding percentage:None
5.Cause of occurrence:Correction the endorsement and guarantee details
on 2022/02~03
6.Information items/ statements to be corrected:endorsement and
guarantee details
7.Amounts/ contents/ number of page to be corrected:
There is no endorsement and guarantee details on 2022/02~03
8.Amounts/ contents/ number of page after correction:
2022/02
Number   Company name of   Endorsement Guarantee   Limit of endorsement
-----    Endorsement       Target Company Name     guarantee for a
  0      Guarantor         /relation               single enterprise
         ------------        ------------           ------------
         SHINFOX ENERGY     Foxwell Power            6,020,912
         CO., LTD.          Co., Ltd.

        Highest balance     Ending balance
        accumulated as      --------------
        of the current        3,780,000
        month
        -------------
        4,700,000

 Actual amount  Guaranteed Amount    The ratio of cumulative endorsement
 borrowed       by Endorsement of    guarantee amount to the net worth
                                     of the
                Property Guarantee   most recent financial statement
 ----------     -------------       --------------------------
 3,780,000            0                   94.17

 Endorsement Guarantee     The parent company
 Maximum                   endorses the
 ---------------------     subsidiary company
      6,020,912            -----------------
                                    Y

 Subsidiary endorsement          endorsement guarantee for
 guarantee to parent             China
 company
 -------------------             -------------------------
    N                                       N
Remark:For subsidiaries with more than 90% equity (inclusive)
held by the company,the limit shall not exceed 150% of the
net value of the company's latest financial statement audited
by an accountant
2022/03
Number   Company name of   Endorsement Guarantee   Limit of endorsement
-----    Endorsement       Target Company Name     guarantee for a
  0      Guarantor         /relation               single enterprise
         ------------        ------------           ------------
         SHINFOX ENERGY     Foxwell Power            8,828,139
         CO., LTD.          Co., Ltd.

        Highest balance     Ending balance
        accumulated as      --------------
        of the current        3,780,000
        month
        -------------
        4,700,000

 Actual amount  Guaranteed Amount    The ratio of cumulative endorsement
 borrowed       by Endorsement of    guarantee amount to the net worth
                                     of the
                Property Guarantee   most recent financial statement
 ----------     -------------       --------------------------
 3,780,000            0                   64.23

 Endorsement Guarantee     The parent company
 Maximum                   endorses the
 ---------------------     subsidiary company
       8,828,139            -----------------
                                    Y

 Subsidiary endorsement          endorsement guarantee for
 guarantee to parent             China
 company
 -------------------             -------------------------
    N                                       N
Remark:For subsidiaries with more than 90% equity (inclusive)
held by the company,the limit shall not exceed 150% of the
net value of the company's latest financial statement audited
by an accountant
9.Countermeasures:Re-upload corrected information to MOPS website
10.Any other matters that need to be specified:None