Securities code: 002947 securities abbreviation: Suzhou Hengmingda Electronic Technology Co.Ltd(002947) Announcement No.: 2022-036 Suzhou Hengmingda Electronic Technology Co.Ltd(002947)
Announcement on the company and its subsidiaries applying to the bank for comprehensive credit line in 2022
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Suzhou Hengmingda Electronic Technology Co.Ltd(002947) (hereinafter referred to as "the company") held the 25th meeting of the second board of directors on February 21, 2022, considered and adopted the proposal on the application of the company and its subsidiaries for comprehensive credit line from the bank in 2022. The relevant information is hereby announced as follows:
1、 Application status
In order to meet the needs of the company's operation and development, the company and its subsidiaries intend to apply to banks and other financial institutions for comprehensive credit of no more than RMB 1 billion in 2022 (including but not limited to working capital loan, acceptance bill, bill discount, trade financing, letter of credit, letter of guarantee, etc.), within which the company and its subsidiaries will make bank loans according to the actual capital needs, The credit term is valid within 12 months from the date of deliberation and approval by the general meeting of shareholders, and the credit line can be recycled within the credit term. The board of directors of the company authorizes the general manager to handle relevant matters within the above credit line and sign relevant contracts and documents on behalf of the company.
The above credit line is not equal to the actual financing amount of the company. The actual financing amount shall be within the credit line, and the actual financing amount between banks and other financial institutions and the company and its subsidiaries shall prevail.
This application for credit extension will not bring significant financial risks to the company or damage the interests of the company.
The matter still needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Documents for future reference
Resolution of the 25th meeting of the Suzhou Hengmingda Electronic Technology Co.Ltd(002947) second board of directors
It is hereby announced.
Suzhou Hengmingda Electronic Technology Co.Ltd(002947) board of directors
February 21, 2022
