Securities code: Eastroc Beverage (Group) Co.Ltd(605499) securities abbreviation: Eastroc Beverage (Group) Co.Ltd(605499) Announcement No.: 2022018 Eastroc Beverage (Group) Co.Ltd(605499) (Group) Co., Ltd
Announcement on applying for bank credit line 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.
● this credit line: the company and its wholly-owned subsidiaries are expected to apply to the bank for a total credit of no more than 5.3 billion yuan (including this amount) in 2022.
● deliberation: the 13th meeting of the second board of directors deliberated and adopted the proposal on applying for bank credit line in 2022; Independent directors have expressed their independent opinions on the above matters.
● the proposal still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation.
1、 Basic information of credit application
Eastroc Beverage (Group) Co.Ltd(605499) (Group) Co., Ltd. (hereinafter referred to as "the company") held the 13th meeting of the second board of directors on February 25, 2022, deliberated and adopted the proposal on applying for bank credit line in 2022. The board of directors of the company estimated that the company and its wholly-owned subsidiaries would apply for comprehensive credit line from banks in 2022 not exceeding RMB 5.3 billion (including this amount), It is used to handle comprehensive credit business including but not limited to working capital loan, M & a loan, medium and long-term loan, bank acceptance bill, letter of credit, import and export trade financing, mortgage loan and so on. The details are as follows:
Unit: 100 million yuan
No. bank credit line
1 China Merchants Bank Co.Ltd(600036) Shenzhen Branch 8
2 China Construction Bank Corporation(601939) Shenzhen Branch 15
3 Bank Of Communications Co.Ltd(601328) Shenzhen Branch 6
4 Bank Of China Limited(601988) Shenzhen Branch 12
5 Industrial Bank Co.Ltd(601166) Shenzhen Branch 6
6 Bank Of China Limited(601988) Nanning Chengbei sub branch 1
7 China Construction Bank Corporation(601939) Chuzhou Chengnan sub branch 2
8 Industrial Bank Co.Ltd(601166) Guangzhou Branch 2
9 Bank Of China Limited(601988) Chongqing Jiulongpo sub branch 1
Total 53
The above credit line is not equal to the actual financing amount of the company. The actual credit line shall be subject to the credit line approved by the final financial institution. The specific financing amount will be determined according to the actual needs of the company's working capital, and the financing period shall be subject to the actually signed contract. Within the credit term, the credit line can be recycled.
The board of directors requests the general meeting of shareholders to authorize the chairman of the company to execute and sign relevant documents within the above limit according to the actual business needs. The authorization period is from the date of deliberation and approval of the 2021 annual general meeting of shareholders to the date of convening the 2022 annual general meeting of shareholders.
2、 Documents for future reference
1. Resolutions of the 13th meeting of the second board of directors;
2. Independent opinions of independent directors on matters related to the 13th meeting of the second board of directors.
It is hereby announced.
Eastroc Beverage (Group) Co.Ltd(605499) (Group) Co., Ltd. board of directors February 28, 2022
