Subsidiary Zhen Yuan Technology Mandatory Fund-Lending / Endorsement Disclosure (Art. 25)
Original: 代子公司振遠科技(股)公司依公開發行公司資金貸與及背書 保證處理準則第二十五條第一項第三款公告
Summary
WPG Holdings is filing this announcement on behalf of its subsidiary Zhen Yuan Technology Co., Ltd. (振遠科技股份有限公司), as required by Article 25, Paragraph 1, Subparagraph 3 of Taiwan's Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies. This provision mandates immediate public disclosure when a subsidiary's aggregate outstanding fund loans to third parties or its outstanding endorsements/guarantees breach prescribed regulatory thresholds. Investors should review the full MOPS filing for the specific counterparty, amount, purpose, and collateral details. Full body available on MOPS.
Full Translation
Subject (translated): 'Announcement filed on behalf of subsidiary Zhen Yuan Technology Co., Ltd. pursuant to Article 25, Paragraph 1, Subparagraph 3 of the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies.' — WPG Holdings (TWSE: 3702) is the reporting parent; Zhen Yuan Technology is the operating subsidiary that has triggered a mandatory threshold-breach disclosure under the above-cited Taiwanese securities regulation. Article 25(1)(3) of those Regulations requires an immediate exchange announcement when the cumulative balance of loans extended to a single party, or the aggregate of endorsements/guarantees outstanding for a single counterparty, exceeds the level set out in the subsidiary's own board-approved procedures. The subject line does not specify whether the underlying transaction is a fund loan (資金貸與) or an endorsement/guarantee (背書保證), nor does it state the counterparty or amount; those details appear in the body filing. [Body not available — subject line only. See MOPS for full announcement.]