On December 24, 002822.SZ announced that the company will hold the eighth meeting of the fourth session of the board of directors on December 24, 2021 to consider and pass the "proposal on the application of comprehensive credit lines from banks and other financial institutions by the company and its holding subsidiaries in 2022". The relevant information is hereby announced as follows:
In order to meet the needs of the company's development plan and strategy implementation, the company and its holding subsidiaries plan to apply to banks and other financial institutions for a total credit line of no more than RMB 10 billion in 2022. The contents of comprehensive credit include, but are not limited to, working capital loans, commercial bill drawing and discount, project loans, bank guarantees, factoring, opening letters of credit and other comprehensive credit services (the specific types of business shall be subject to the examination and approval of the relevant banks). The specific credit line, loan interest rate, fee standard and credit period of each bank and other financial institutions shall be subject to the credit application agreement finally negotiated and signed between the company and the bank and other financial institutions.
The application period for the above comprehensive credit line shall be one year from the date of consideration and approval by the shareholders' meeting, and the credit line can be recycled during the authorization period. Within this limit, the company will no longer hold a separate board of directors or shareholders' meeting for a single credit or loan. The company authorizes the legal representative to sign the contracts, agreements, vouchers and other legal documents related to the above credit line (including but not limited to credit, loan, guarantee, mortgage, guarantee, financing, etc.) on behalf of the company, and can choose commercial banks and other financial institutions according to the financing cost and the credit status of each bank.
The application of the above companies and their holding subsidiaries to banks and other financial institutions for comprehensive credit lines in 2022 needs to be submitted to the company's first interim general meeting of shareholders in 2022 for examination and approval.