[Hotai Motor] Announces Fund Lending Matters by Subsidiary Hwatong Motor Investment Co., Ltd. in Accordance with Article 22, Paragraph 1, Item 3 of the "Rules for Publicly Issued Companies on Fund Lending and Endorsement Guarantees"
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Hotai Motor announced that its subsidiary, Hwatong Motor Investment Co., Ltd., will provide short-term financing to multiple subsidiaries in Shanghai, including Shanghai Heling Auto Service and others. The total lending limit is NT$8.799 billion, with a new addition of approximately NT$1.65 billion, primarily for short-term financing needs.