Securities code: Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) securities abbreviation: Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) Announcement No.: 202216
Bond Code: 127027 bond abbreviation: Jingyuan convertible bond
Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552)
Announcement on comprehensive credit line
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are jointly and severally liable for false records, misleading statements or major omissions in the announcement.
Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) (hereinafter referred to as "the company" or "the company") held the 5th meeting of the 10th board of directors on February 28, 2022, deliberated and adopted the proposal on comprehensive credit line, and the relevant information is hereby announced as follows:
1、 Overview of comprehensive credit
1. Credit line: no more than 2.073 billion yuan, including 1 billion yuan of the company, 300 million yuan of Baiyin thermal power, 623 million yuan of Jingtai coal industry, 50 million yuan of Galaxy company and 100 million yuan of Jingmei new energy company. Among them, the company's 300 million yuan bank credit is expected to require guarantee, which will be provided by the controlling shareholder Jingmei group without charge.
2. Credit object: commercial banks and other financial institutions.
3. Use period: one year from the date of approval by the general meeting of shareholders of the company. The use period of the project construction fund loan is determined according to the project construction period and repayment plan.
4. Usage direction: supplement the daily production and operation working capital and project construction capital needs of the company and its subsidiaries.
5. Usage: including but not limited to borrowing through working capital, issuing bank acceptance checks, accounts receivable collection and factoring, project loans and other businesses.
2、 Purpose of applying for comprehensive credit line
In order to maintain the balance of capital revenue and expenditure and meet the capital needs of the company and its subsidiaries for production, operation and project construction, it is recommended that the company and its subsidiaries apply for a comprehensive credit line from banks and other financial institutions.
3、 Decision making procedure and organization implementation
The company's application for comprehensive credit line will be submitted to the general meeting of shareholders for deliberation. At the same time, the general meeting of shareholders will authorize the legal representative or management of the company to determine the specific financial institution, financing method and use limit according to the actual production and operation needs of the company, handle relevant financing procedures and sign relevant contract documents.
4、 Documents for future reference
1. Resolution of the 5th meeting of the 10th board of directors.
It is hereby announced.
Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) board of directors March 2, 2022
