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$23.65 billion.
AI Analysis
Frequently Asked Questions
- Q: What is the relationship between the company providing the guarantee and the guaranteed party, Caizhong Brain (Shenzhen) Co., Ltd.?
- A: The guaranteed party, Caizhong Brain (Shenzhen) Co., Ltd., is a wholly-owned subsidiary of the company providing the guarantee.
- Q: What is the reason for the addition of the new guarantee to the guaranteed company?
- A: The reason for adding the new guarantee is to provide a bank financing guarantee for the guaranteed company.
- Q: What is the accumulated profit or loss of the guaranteed company according to its latest financial statement?
- A: The accumulated profit or loss of the guaranteed company is 267,576 thousand NT$ 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.