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Foxlink (2328) Announces Financial Loan by Key Subsidiary

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Foxlink's subsidiary, Honghua Sheng Precision Electronics (Yantai), has provided a loan of 322.1 million TWD to another subsidiary, Wuhu Ruichang Electric System, to support operational funding.

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Frequently Asked Questions

Q: What is the purpose of this loan?
A: To support the operational funding requirements of Wuhu Ruichang Electric System Co., Ltd.
Q: What is the duration of the loan?
A: The loan term is set for six months.
Q: How is the interest rate calculated?
A: It is based on the borrowing interest rate level of Foxlink's headquarters.