【PowerTrain】Announcement on behalf of subsidiary WEECHANGSHING ELECTRONIC (SHENZHEN) CO., LTD. - New Loan Amount Reaches Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing the Lending of Funds and Endorsements/Guarantees by Publicly Issued Companies.
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WEECHANGSHING ELECTRONIC (SHENZHEN) CO., LTD., a subsidiary of PowerTrain, announced a new loan of NT$125.01 million to its related company, WEISHUO ELECTRONICS (SHENZHEN) CO., LTD., to bolster working capital. This transaction brings the total loan balance to a level stipulated by relevant regulations.