Chaintech Technology Corp.TWSE: 2425

Announcement of the new endorsements/guarantees by the Company for its subsidiary have reached the standard of the Article 25 No.1-3 regulations

· Issued by Chaintech Technology Corp.
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Provided by: CHAINTECH TECHNOLOGY CORPORATION
SEQ_NO 1 Date of announcement 2022/01/21 Time of announcement 18:37:15
Subject
 Announcement of the new endorsements/guarantees
by the Company for its subsidiary have reached
the standard of the Article 25 No.1-3 regulations
Date of events 2022/01/21 To which item it meets paragraph 22
Statement
1.Date of occurrence of the event:2022/01/21
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:
(a) Name of endorsed/guaranteed company:
    Sitonholy(Tianjin)technology Co.,Ltd.
(b) Its relationship with the Company providing endorsements/guarantees:
    An indirect 51%-owned subsidiary.
(c) The ceiling amount (thousand NTD):855,927
(d) The original amount (thousand NTD):56,472
(e) The current additional amount (thousand NTD):21,728
(f) The amount of endorsements/guarantees as of the date of occurrence
    (thousand NTD):78,200
(g) The actual loaned amount (thousand NTD):78,200
(h) The reason:To provide endorsements guarantees for subsidiary's business
    demands.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
(1)Content:Commercial Paper.
(2)Value (in thousand):78,219
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):
(1)Capital (thousand NTD):94,558
(2)Cumulative gains (thousand NTD):210,566
5.For termination of endorsement/guarantee obligations, the condition and
the date:
(1)Condition: According to the contract terms.
(2)Date: According to the contract terms.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
855,927
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):78,200
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:4.57%
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:37.42%
10.Any other matters that need to be specified:None.

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