Securities code: 002451 securities abbreviation: Shanghai Morn Electric Equipment Co.Ltd(002451) Announcement No.: 2022-006 Shanghai Morn Electric Equipment Co.Ltd(002451)
Announcement on the company’s application for working capital loans from banks
The company and all members of the board of directors guarantee that the contents of this announcement are true, accurate and complete without false records, misleading statements or major omissions.
In order to promote the business development of the company, optimize the financial structure and meet the daily capital needs, Shanghai Morn Electric Equipment Co.Ltd(002451) (hereinafter referred to as “the company”) plans to take the company’s plant located in the whole building, No. 669, cenglin Road, No. 268, Feizhou road and No. 1-3, No. 268, Tianxue Road, Pudong New Area, Shanghai (real property right certificate No.: Hu (2021) Shi Zi real property right No. 000443, With a construction area of 54454.41 square meters) as collateral, apply for a working capital loan of RMB 115 million from Shanghai Branch of Guangdong Development Bank Co., Ltd. Relevant matters are hereby announced as follows:
1、 Basic information of this application for bank working capital loan
1. Lending bank: Shanghai Branch of Guangdong Development Bank Co., Ltd
2. Loan type: current loan
3. Proposed loan amount: 115 million
4. Purpose of loan: supplement working capital
5. Loan term: 3 years
6. Loan interest rate: subject to the signing of RMB medium and long term loan contract
2、 Impact on the company’s operation
The company’s application for working capital loan from the bank is the need of daily operation and development, which is conducive to the sustainable and stable development of the company. There is no damage to the interests of the company and all shareholders, and it is in line with the provisions of relevant national laws, regulations and normative documents.
3、 Other
The above applied working capital loan amount, interest rate, term and purpose shall be subject to the approval of the bank.
It is hereby announced.
Board of directors February 8, 2002
