Zhen Ding-KY Approves Increased Endorsement Guarantee Limit for Subsidiary Xian Feng Communications
NQ Score
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AI Summary (NQ-processed)
Zhen Ding-KY's board of directors has approved an increase and renewal of the endorsement guarantee limit for its affiliated company, Xian Feng Communications Co., Ltd. The total guarantee limit has been raised to NT$125,758,458,000, with an additional NT$14,219,450,000, bringing the total outstanding balance to NT$28,236,100,000 as of the factual occurrence date.
AI Analysis
Frequently Asked Questions
- Q: What was approved by Zhen Ding-KY's board of directors?
- A: The board of directors approved the renewal and increase of the endorsement guarantee limit for its affiliated company, Xian Feng Communications Co., Ltd.
- Q: What is the new total endorsement guarantee limit?
- A: The new total endorsement guarantee limit is NT$125,758,458,000.
- Q: What is the outstanding balance of the endorsement guarantee as of the factual occurrence date?
- A: The outstanding balance as of the factual occurrence date is NT$28,236,100,000.
- Q: What is the purpose of this increased guarantee limit?
- A: The purpose is to support the subsidiary's business expansion and secure working capital, thereby enhancing the overall financial stability of the group.
- Q: What are the latest financial figures for Xian Feng Communications?
- A: The latest financial statement shows a capital of NT$2,159,185,000 and an accumulated deficit of NT$4,649,632,000.