【PowerBright】Announcement by Subsidiary Junhui Technology Co., Ltd. in Accordance with Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Publicly Issued Companies
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PowerBright's subsidiary, Junhui Technology Co., Ltd., announced an additional loan of NTD 9,483 thousand (approximately USD 300 thousand) to another subsidiary, Suzhou Ruideng Technology Co., Ltd., for operational needs. The loan is interest-free, and Suzhou Ruideng Technology Co., Ltd. has accumulated losses according to its financial reports.