Securities code: 688021 securities abbreviation: Aofu Environmental Technology Co.Ltd(688021) Announcement No.: 2022-002 Aofu Environmental Technology Co.Ltd(688021)
With regard to the announcement of the company and its subsidiaries applying for comprehensive credit line from financial institutions, the board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal liabilities for the authenticity, accuracy and integrity of its contents in accordance with the law. Aofu Environmental Technology Co.Ltd(688021) (hereinafter referred to as "the company") held the eighth meeting of the third board of directors on February 7, 2022, and deliberated and adopted the proposal on the application of the company and its subsidiaries for comprehensive credit line from financial institutions. This proposal needs to be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation. According to the needs of the company's production, operation and business development, the company and its subsidiaries intend to apply to each bank for a comprehensive credit line of no more than RMB 1093 million (one billion ninety-three million yuan) for handling comprehensive businesses including but not limited to loans, acceptance bills, letters of credit, documentary bills, letter of guarantee and so on. The validity period of the authorization shall come into force after the deliberation and approval of the general meeting of shareholders, and shall be valid until the new proposal is passed by the general meeting of shareholders, and the credit line can be recycled. The details of applying for comprehensive credit line from relevant banks are as follows:
1. Industrial And Commercial Bank Of China Limited(601398) 50 million yuan;
2. Agricultural Bank Of China Limited(601288) 140 million yuan;
3. Qilu Bank Co.Ltd(601665) 120 million yuan;
4. Bank Of China Limited(601988) Linyi sub branch 15 million yuan;
5. Industrial Bank Co.Ltd(601166) Jinan Branch 150 million yuan;
6. China Merchants Bank Co.Ltd(600036) Jinan Branch 40 million yuan;
7. China Construction Bank Corporation(601939) 40 million yuan;
8. Shandong Linyi Rural Commercial Bank Co., Ltd. 50 million yuan;
9. Huishang Bank Co., Ltd. 20 million yuan;
10. Jiujiang Bank Co., Ltd. 50 million yuan;
11. Linyi sub branch of Postal Savings Bank Co., Ltd. 15 million yuan;
12. Linyi sub branch of Bank of Texas Co., Ltd. RMB 20 million;
13. Bengbu Rural Commercial Bank Co., Ltd. 10 million yuan;
14. Bank Of Qingdao Co.Ltd(002948) Dezhou Linyi sub branch 10 million yuan;
15. Hengfeng Bank Co., Ltd. Dezhou Branch: 20 million yuan;
16. Including but not limited to applying to China Citic Bank Corporation Limited(601998) , China Construction Bank Corporation(601939) , Huishang Bank Co., Ltd., Bank Of China Limited(601988) , Industrial And Commercial Bank Of China Limited(601398) for another credit line of no more than 343 million yuan.
The comprehensive credit line is not equal to the actual financing amount of the company (including subsidiaries), and the actual financing amount shall be within the comprehensive credit line, subject to the actual financing amount between the bank and the company (including subsidiaries).
During the credit period, the credit line can be recycled within the total credit line and can be adjusted between different banks. The company and its subsidiaries can use the above comprehensive credit line. During the credit application, if the financial institution needs to provide relevant credit investigation measures, the company can provide corresponding guarantee, pledge, mortgage or other forms of guarantee within the above line.
In order to improve work efficiency and ensure the timely handling of capital financing business, the general meeting of shareholders is requested to authorize the board of directors to handle matters related to the application for credit extension to financial institutions within the above limit, and the board of directors can, within the scope of authorization of the general meeting of shareholders according to the actual business needs of the company, Authorize the legal representative of the company or the authorized agent designated by the legal representative to handle relevant procedures on behalf of the company within the above credit line, and sign all contracts, agreements, vouchers and other legal documents related to credit (including but not limited to credit, loan, guarantee, mortgage, financing, etc.) within the above credit line.
It is hereby announced.
Aofu Environmental Technology Co.Ltd(688021) board of directors February 8, 2022
