Announcement on behalf of the subsidiary, the board of
directors approved the new capital loan in 2018
Date of events
2018/08/08
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2018/08/08
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1)Funding recipient name:Zinwell Electronic (Shenzhen).Co.,Ltd.
(2)Relationship with lender:
100% wholly owned subsidiary of the Company.
(3)Lending limit (thousand NTD):1,783,689
(4)Starting outstanding balance (thousand NTD):0
(5)New loan (thousand NTD):319,605
(6)Is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors
to allocate:Yes
(7)Outstanding balance (thousand NTD) up to the date of occurrence:319,605
(8)Reason for new loan (thousand NTD):Working Capital
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):
(1)Content:NA
(2)Value (thousand NTD):0
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)Capital (thousand NTD): 1,136,413
(2)Cumulative gains/losses (thousand NTD):157,274
5.Method of calculation of interest:
According to agreed conditions
6.For repayment, the condition and the date:
(1)Condition:Loan term is 7 years
(2)Date:From August 8, 2018 to August 7, 2025, a total of 7 years.
According to the contract.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):319,605
8.The total amount of monetary loans extended to others as a percentage of
the public company's net worth on the latest financial statements as of the
date of occurrence:5.22
9.Sources of funds for the company to extend monetary loans to others:
The subsidiary itself.
10.Any other matters that need to be specified:
1.In 2018, the board of directors approved the new capital loan
with an amount of USD 11,000,000,The exchange rate calculation
is based on the company's capital loan and announcement exchange
rate at the end of May 2022, USD 29.055.
2.The calculation of capital loan and limit and various ratios
is based on the financial report for the first quarter of 2022.
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Zinwell Corporation published this content on 08 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2022 10:31:04 UTC.
Zinwell Corp is a Taiwan-based company mainly engaged in the research, development, manufacture and trading of digital cable video transmission systems, digital satellite communication transmission systems and digital video products and equipment. The digital cable video transmission system includes distributor and splitter, signal lead-in, multi-switch, amplifier, among others. Digital satellite communication transmission system includes low noise downconverter, ultra-small private satellite communication transceiver, among others. Digital video products and equipment include digital video converters and high-definition televisions receivers. The Company provides services mainly in Europe, America and Asia.
ZINWELL CORPORATION 
