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Taiwan Hon Iron's Subsidiary Kunshan Hanhongxing Announces Additional Fund Lending to Rudong Fuzhan Technology

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N1 Content Completeness 9

AI Summary (NQ-processed)

Kunshan Hanhongxing, a subsidiary of Taiwan Hon Iron, has provided an unsecured loan of NT$649,390 thousand to Rudong Fuzhan Technology Co., Ltd., an indirectly wholly-owned subsidiary, to meet short-term liquidity needs.

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Frequently Asked Questions

Q: What is the purpose of this fund lending?
A: To meet the short-term funding needs of Rugdong Fuzhan Technology.
Q: How much was lent?
A: A total of 649,390 thousand yen was lent.
Q: Is there any collateral?
A: No collateral has been provided for this loan.
Q: When is repayment due?
A: Repayment is due within one year from the borrowing date.
Q: What is the relationship in this group?
A: Rudong Fuzhan is an indirectly 100% owned subsidiary of Hon Iron.