Securities code: 002475 securities abbreviation: Luxshare Precision Industry Co.Ltd(002475) Announcement No.: 2022-010
Bond Code: 128136 bond abbreviation: Lixun convertible bond
Luxshare Precision Industry Co.Ltd(002475)
Announcement on the company’s application for comprehensive credit line from the bank
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
The seventh meeting of the Fifth Board of directors of Luxshare Precision Industry Co.Ltd(002475) (hereinafter referred to as ” Luxshare Precision Industry Co.Ltd(002475) ” or “the company”) deliberated and adopted the proposal on the company’s application for comprehensive credit line from the bank on February 21, 2022. Now the relevant matters are announced as follows:
1、 Basic information of applying for comprehensive credit line
According to the needs of business development, the company plans to apply for comprehensive credit lines from the following 8 Banks:
Serial number bank name credit line – RMB – 100 million
1 China Everbright Bank Company Limited Co.Ltd(601818) Shenzhen Branch 36
2 China Merchants Bank Co.Ltd(600036) Shenzhen Branch 32
3 China Citic Bank Corporation Limited(601998) Shenzhen Branch Jinshan building sub branch 30
4 Guangdong Development Bank Co., Ltd. Shenzhen Branch 20
5 Bank Of Communications Co.Ltd(601328) Shenzhen Bao’an sub branch 20
6 Hua Xia Bank Co.Limited(600015) Shenzhen Bantian sub branch 10
7 China Zheshang Bank Co.Ltd(601916) Shenzhen Branch 10
8 Bank of Australia and New Zealand (China) Co., Ltd. Guangzhou Branch 6
Total 164
The above credit lines are RMB 16.4 billion in total, which shall be subject to the line actually approved by the bank, including RMB loans, bank acceptance bills, letters of credit, letter of guarantee, forward foreign exchange and other domestic and foreign currency credit varieties. The above credit term is one year. The board of directors of the company authorizes Ms. Wang Laichun, chairman and general manager of the company, to sign relevant legal documents under the above credit financing with banking institutions on behalf of the company.
2、 Opinions of independent directors
All independent directors of the company believe that: the company has good reputation and operating conditions and controllable financial risks. The application for comprehensive credit from the bank will not have an adverse impact on the normal operation and business development of the company, and there is no situation that damages the interests of the company and all shareholders, especially minority shareholders. The decision-making procedure of this credit application complies with relevant laws and regulations, normative documents and the relevant provisions of the articles of association. Therefore, we unanimously agree that the company applies for comprehensive credit from the bank.
3、 Documents for future reference
1. Resolution of the 7th Meeting of the 5th board of directors of the company;
2. Resolution of the 7th Meeting of the 5th board of supervisors of the company;
3. Independent opinions of independent directors on relevant matters.
It is hereby announced.
Luxshare Precision Industry Co.Ltd(002475) board of directors
February 21, 2022
