[Kuan Tien Steel] The Company's announcement regarding its subsidiary loan balance reaching the disclosure threshold under Article 22, Paragraph 1, Subparagraph 3 of the 'Regulations Governing the Lending of Funds and Endorsements/Guarantees by Public Companies'
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Kuan Tien Steel announced that the balance of its loans to four subsidiaries (Kuan Tien Investment & Development, Chia Yuan Investment & Development, Summer Capital Investment, and Mei You Industrial) has reached the disclosure threshold as per financial regulations. The total outstanding loan balance is NTD 296,000 thousand, primarily for working capital and short-term financing.