Tai Long Electronics Co., Ltd. (hereinafter referred to as "the Company") announces the progress of guarantee matters for 2026. The Company held its fifth board meeting on April 23, 2026, and approved the proposal for the 2026 guarantee amount at the annual shareholders' meeting from May 15 to 17, 2026.
1. Overview of Guarantee Matters
Tai Long Electronics Co., Ltd. (hereinafter referred to as "the Company") has approved a guarantee of $15.5 million for Upkeen Global Investments Limited, which is a subsidiary of the Company. The Company has also provided a guarantee of no more than $1.4 million for the subsidiary, Upstar Technology (HK) Limited.
2. Progress of Guarantees
- The Company will provide guarantees as follows:
- The maximum guarantee amount is $1 million.
- The scope of the guarantee includes all debts, with the maximum guarantee amount set at $1 million.