Gowin New Energy Group Limited (GWIN), listed on the AQUIS Growth Market, has announced it has entered into a loan agreement with Mr Chen Chih-Lung, a substantial shareholder of the company, for a loan of NTD$300,000. The loan carries an interest rate of 2% per annum and is repayable within twelve months, with an option to extend by mutual consent. The transaction has been classified as a related party transaction under AQUIS Growth Market rules, with independent directors confirming it is fair and reasonable for shareholders.

Key Points

  • Gowin New Energy Group Limited (GWIN) listed on the AQUIS Growth Market
  • The company has entered into a NTD$300,000 shareholder loan agreement with substantial shareholder Mr Chen Chih-Lung
  • Loan terms: 2% per annum interest rate, twelve-month repayment period, extendable by mutual consent
  • Investors should watch whether further shareholder support is drawn upon, as Mr Chen has indicated willingness to assist with ongoing working capital requirements

NTD$300,000 Loan from Substantial Shareholder Mr Chen Chih-Lung to Fund Working Capital

Gowin New Energy Group, an AQUIS-listed new energy company, announced on 4 November 2026 that it has secured a loan of NTD$300,000 from Mr Chen Chih-Lung, identified in the announcement as a substantial shareholder of the company. The loan has been structured with an interest rate of 2% per annum and must be repaid within twelve months, though the agreement allows for an extension by mutual consent between the parties. The announcement states the funds are intended to provide short-term liquidity to allow Gowin to meet its existing payment obligations.

Shareholder Commits to Ongoing Support for Gowin's Working Capital Requirements

Beyond the immediate loan facility, the announcement indicates that Mr Chen Chih-Lung has expressed a broader commitment to supporting the company's working capital requirements on an ongoing basis, as and when required. This suggests the arrangement may not be a one-off intervention but part of a continuing relationship between the shareholder and the company. For investors, this signals that Gowin's near-term liquidity is being addressed through shareholder support rather than external debt facilities or equity issuance, which is a company-specific consideration worth monitoring.

Transaction Classified as Related Party Deal Under AQUIS Growth Market Rulebook

Because Mr Chen Chih-Lung is a substantial shareholder, the loan agreement constitutes a related party transaction under Rule 4.6 of the AQUIS Growth Market Access Rulebook. Independent directors Garry Willinge and Mr Chien Chih-Peng reviewed the transaction and concluded, having exercised reasonable care, skill and diligence, that the terms are fair and reasonable as far as Gowin's broader shareholder base is concerned. The announcement also confirms the information was classified as inside information prior to its disclosure, in line with UK market abuse regulations applicable to AQUIS-listed companies.