Green Power Technology - KY: Announcement by subsidiary Zhejiang Green Power Technology in accordance with Article 22, Paragraph 1, Subparagraph 3 of the "Regulations Governing the Loaning of Funds and Endorsements/Guarantees by Public Companies"
NQ Score
0/100
N1 Content Completeness
0
AI Summary (NQ-processed)
Zhejiang Green Power Technology, a subsidiary of Green Power Technology - KY, has provided a new loan of NT$124.973 million (approximately 4.22% of net worth) as working capital to its subsidiary, Zhejiang Suyousheng New Material Co., Ltd. The loan is a revolving facility approved by the Board of Directors, with an annual interest rate of 3% and a lump-sum repayment within one year.