Chung Hsin Electric and Machinery Manufacturing: Announcement under Article 22(1)(3) of the Regulations Governing the Lending of Funds and the Granting of Endorsements/Guarantees

Statement

1.Date of occurrence of the event:2022/08/09
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: Tian Cin Energy Co., Ltd.
(2)relationship with lender: Tian Cin Energy Co., Ltd. is the subsidiary
of the Company with direct investment. The Company owns 86.74% of the shares.
(3)lending limit (thousand NTD): 2,000,000
(4)starting outstanding balance (thousand NTD):0
(5)new loan (thousand NTD):200,000
(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:200,000
(8)reason for new loan (thousand NTD): The amount is used for business
operating purposes
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):
(1)Content:The Company is to provide a promissory note of the same amount
in compliance with the agreement.
(2)Value(thousand NTD):The value is 200,000 (thousand NTD).
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
the capital(thousand NTD):242,267
the cumulative gains/losses(thousand NTD):-7,972
5.Method of calculation of interest:To be calculated in accordance with the
agreement.
6.For repayment, the condition and the date:the condition is to be excuted
in accordance with the agreement and the date is after one year of the loan
date.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):3,869,439
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:33.74%
9.Sources of funds for the company to extend monetary loans to others:
The Parent Company
10.Any other matters that need to be specified:None