(Revision)Announcement on behalf of the Company's subsidiary in accordance with Article 22, subparagraph 2&3,Paragraph 1 of Regulations Governing Loaning of Funds | Sinyi Realty Inc. | Investor Relations

Sinyi Realty
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2022-09-08

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(Revision)Announcement on behalf of the Company's subsidiary in accordance with Article 22, subparagraph 2&3,Paragraph 1 of Regulations Governing Loaning of Funds

Subject:(Revision)Announcement on behalf of the Company's subsidiary in accordance with Article 22, subparagraph 2&3,Paragraph 1 of Regulations Governing Loaning of Funds
To which item it meets:paragraph 23
Date of events:2022/09/08

Statement:
  1. Date of occurrence of the event:2022/09/07
  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: Sinyi Real Estate (Shanghai) Limited (2)Relationship with lender: SinYeh Enterprise Management(Shanghai) Limited is a 100% subsidiary of Sinyi Real Estate (Shanghai) Limited (3)Lending limit: NT$ 5,520,042 thousand (4)Starting outstanding balance (thousand NTD):NT$ 0 (5)New loan: NT$ 1,761,200 thousand (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:No (7)Outstanding balance: NT$ 1,761,200 thousand (8)Reason for new loan: In response to the future fund requirement of Sinyi Real Estate (Shanghai) Limited.
  3. For collaterals provided by the loan recipient, the content and the value (thousand NTD):none
  4. For the latest financial reports of the loan recipient, the capital (thousand NTD) and the cumulative gains/losses(thousand NTD): (1)The capital: NT$ 3,562,356 thousand (2)The cumulative losses: NT$ 336,345 thousand
  5. Method of calculation of interest:interest accrued on a floating rate, announced by People's Bank of China (expected to be 4.75%)
  6. For repayment, the condition and the date: The loan will be paid either on due date, 5 years from the first drawdown or by early redemption.
  7. The amount of monetary loans extended to others as of the date of occurrence (thousand NTD): NT$ 7,272,798 thousand
  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: 63.69%
  9. Sources of funds for the company to extend monetary loans to others: Working capital of SinYeh Enterprise Management(Shanghai) Limited
  10. Any other matters that need to be specified: Corrected the subject of the major information on September 7,2022 ,as well as the previously mentioned 7th point and the 8th point.