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[Taishuo] Announcement Regarding Endorsement Guarantee for Subsidiary Reaching "Rules for Handling Loan and Endorsement/Guarantee by Publicly Offered Companies" Standard

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Taishuo Co., Ltd. announced that its endorsement guarantee for its wholly-owned subsidiary, Dongguan Taishuo Electronic Co., Ltd., has reached the standard stipulated in Article 25, Paragraph 1, Item 3 of the "Rules for Handling Loan and Endorsement/Guarantee by Publicly Offered Companies." The new amount is NT$159.975 million, with the total balance reaching NT$159.975 million.

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Frequently Asked Questions

Q: What is the name of the company being endorsed or guaranteed in this announcement?
A: The name of the company being endorsed or guaranteed is Dongguan Taishuo Electronic Co., Ltd.
Q: What is the relationship between the endorsing company and the endorsed company?
A: The endorsed company is a wholly-owned subsidiary of the endorsing company.
Q: What is the amount of the new guarantee added in thousands NTD, and what is the reason for it?
A: The amount of the new guarantee added is 159,975 thousand NTD, and the reason is a financing guarantee.
Q: What are the conditions and the date for the release of the endorsement or guarantee liability?
A: The condition for release is credit contract maturity, and the date is the credit contract maturity date.
Q: How was the amount of the new guarantee added calculated based on the foreign currency amount?
A: It was calculated by multiplying USD 5,000,000 by the average buying and selling rate of Taiwan Bank's spot exchange rate on March 31, 115, which was 31.995.