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Provided by: HY ELECTRONIC (CAYMAN) LIMITED

SEQ_NO

1

announcement date

2022/07/27

Announcement time

18:09:45

Matter

 The Subsidiary Taiwan GPP Inc. announces new
guarantees reaching NT$30 million and 5% or more of its
net worth on the latest financial statements

Date of events

2022/07/27

What item it responds to

paragraph 22

Statement

1.Date of occurrence of the event:2022/07/27
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1)HY Electronic (Cayman) Limited
(2)The parent company holding 70% of the company's equity
(3)The ceiling on the endorsements/guarantees (thousand NTD):568,290
(4)The original amount of endorsements/guarantees (thousand NTD):0
(5)The amount of the current additional endorsements/
guarantees (thousand NTD):256,000
(6)The amount of endorsements/guarantees as of the date
of occurrence (thousand NTD):256,000
(7)The actual loaned amount of the company for whom endorsements/
guarantees were made (thousand NTD):0
(8)The reason for the current additional endorsements/guarantees:
In order to meet the operational needs and capital planning of the Group,
it is proposed to change the TGI bank credit line (with collateral provided
by TGI) to a joint-use line with the parent company's Taiwan branch.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
None
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
The Capital (thousand NTD):804,993
Cumulative gains/losses (thousand NTD):(141,275)
5.For termination of endorsement/guarantee obligations, the condition and
the date:When the credit contract with the bank expires,if there is no loan
activity and the contract is not renewed, it will be terminated.
2023/07/26
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
568,290
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):0
8.The amount of endorsements/guarantees as a percentage of the
public company's net worth on the latest financial report as of the date of
occurrence:0
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company's net worth on the latest financial
statements:28.12
10.Any other matters that need to be specified:NA

Disclaimer

HY Electronics (Caiman) Ltd. published this content on July 27, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Jul 27, 2022 10:23:01 AM UTC.

Public now 2022

All news about HY ELECTRONIC (CAYMAN) LIMITED

Sales 2021 2,097 million
69.9 million
69.9 million
Net income 2021 -156M
-5.19M
-5.19M
Net debt 2021 761 million
25.4 million
25.4 million
PER 2021 ratio -11.4x
2021 performance
Capitalization 1,264 million
42.2M
42.2 million
EV / Sales 2020 1.21x
EV / Sales 2021 1.21x
# of employees
Floating 36.7%

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