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Taichung Holdings Announces Guarantee Matters Related to Subsidiary Guangshang Technology (Guangzhou) Co., Ltd.

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Taichung Holdings announced that its subsidiary, Guangshang Technology (Guangzhou) Co., Ltd., will undertake new endorsement guarantees totaling NT$1.16 billion for bank financing. This brings the total guarantee amount to NT$23.65 billion.

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Frequently Asked Questions

Q: What is the relationship between the company providing the guarantee and the guaranteed party, Caizhong Brain (Shenzhen) Co., Ltd.?
A: The guaranteed party, Caizhong Brain (Shenzhen) Co., Ltd., is a wholly-owned subsidiary of the company providing the guarantee.
Q: What is the reason for the addition of the new guarantee to the guaranteed company?
A: The reason for adding the new guarantee is to provide a bank financing guarantee for the guaranteed company.
Q: What is the accumulated profit or loss of the guaranteed company according to its latest financial statement?
A: The accumulated profit or loss of the guaranteed company is 267,576 thousand NT$ based on the latest financial statement.
Q: Under what conditions will the guarantee liability of the company be released?
A: The guarantee liability will be released upon the repayment of the loan, continuing until the company provides written notice of termination or does not renew the agreement.
Q: When will this guarantee resolution become effective and what body resolved it in advance?
A: This guarantee was resolved by the board of directors in advance and will become effective after the shareholders' meeting resolution date of April 23, 2026.