Stock abbreviation: * ST Yaxing Stock Code: 600319 No.: pro 2022-009 Weifang Yaxing Chemical Co.Ltd(600319)
Announcement on comprehensive credit extension and provision of mortgage guarantee in 2022
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
On February 21, 2022, the ninth meeting of the eighth board of directors of Weifang Yaxing Chemical Co.Ltd(600319) (hereinafter referred to as “the company”) deliberated and adopted the proposal on comprehensive credit extension and provision of mortgage guarantee in 2022, the main contents of which are as follows:
In order to meet the needs of the company’s operation and development, the company or its subsidiaries intend to apply to all banks for a comprehensive credit line with a total amount of 580 million yuan in 2022, including but not limited to domestic and foreign currency capital loans, bank acceptance bills, international or Chinese trade financing and other credit businesses. After negotiation between the company and the bank, some credit lines of the company must provide comprehensive credit mortgage guarantee to the bank with the assets of the company or its subsidiaries. The details are as follows: I. comprehensive credit extension of banks in 2022
Application amount of serial number line (100 million yuan)
1 Bank Of China Limited(601988) 3.33
2 Agricultural Bank Of China Limited(601288) 2.00
3 Shanghai Pudong Development Bank 0.37
4 Industrial And Commercial Bank Of China Limited(601398) 0.10
Total 5.80
2、 Provision of comprehensive credit mortgage guarantee
With regard to applying for credit lines from Bank Of China Limited(601988) and Industrial And Commercial Bank Of China Limited(601398) : the company or its subsidiaries will provide mortgage guarantee for applying for RMB short-term credit of no more than 333 million yuan and 100 million yuan from Bank Of China Limited(601988) Weifang Chengdong sub branch and Industrial And Commercial Bank Of China Limited(601398) Changyi sub branch respectively based on the assets of the company or its subsidiaries. The scope and value of the specific mortgage assets will be determined by both parties through negotiation and subject to the signed credit agreement.
In accordance with the relevant provisions of the Listing Rules of Shanghai Stock Exchange and other relevant regulations, the issue of comprehensive credit extension in 2022 and the provision of mortgage guarantee for the above credit extension business of the company with the assets of the company or its subsidiaries has been deliberated and adopted at the ninth meeting of the eighth board of directors of the company, and does not need to be submitted to the general meeting of shareholders of the company for deliberation.
It is hereby announced.
Weifang Yaxing Chemical Co.Ltd(600319) board of directors February 22, 2002
