【Kingstone-KY】Announcement in accordance with Article 22, Paragraph 1, Subparagraphs 2 and 3 of the Regulations Governing the Lending of Funds and Endorsements/Guarantees by Publicly Issued Companies
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Kingstone-KY (金麗-KY) announced a new loan of NT$450 million to its wholly-owned subsidiary, Changtai Kingstone Apple Industrial Co., Ltd., bringing the total outstanding loan to NT$900 million. This additional loan is to cover advance payments for land and factory construction, as the subsidiary's revenue is small and capital increase is difficult. The company also noted a past issue with exceeding loan limits due to a procedural error, which is expected to be resolved after a shareholder meeting on June 23, 2026.