Announcement of a borrowing of RMB 500 million by subsidiary Elite Electronic Material (Kunshan) Co.
2022/03/16
1.Date of occurrence of the event:2022/03/16
2.Company name:Elite Electronic Material (Kunshan) Co., Ltd.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:99.79%
5.Cause of occurrence:The company plans to borrow funds from ICBC
and BOC for further 5G material expansion, in total amount of RMB 500mn.
6.Countermeasures:None
7.Any other matters that need to be specified:None