Qingdao Tgood Electric Co.Ltd(300001) : the board of directors agrees that the company and its subsidiaries provide guarantees for comprehensive financing credit and project loans not exceeding RMB 63121.1 billion

Qingdao Tgood Electric Co.Ltd(300001) (SZ 300001, closing price: 24.87 yuan) announced on December 31 that the proposal on the application for comprehensive credit and provision of guarantee by the company and its subsidiaries was considered and adopted at the 33rd meeting of the Fourth Board of directors of the company, The total amount of credit to be applied for by the proposed subsidiary in foreign currency or the actual amount of credit to be applied for by the proposed subsidiary in foreign currency shall not exceed RMB 12.7 billion, And provide guarantees for comprehensive financing credit and project loans of no more than RMB 63121.1 million (including guarantees provided by the company and its subsidiaries, mutual guarantees between the company and its subsidiaries, and mutual guarantees between subsidiaries). The above comprehensive financing credit line can be recycled within the credit term and is mainly used for bank loans, opening and discounting of acceptance bills, letter of guarantee and other credit businesses. The above comprehensive financing credit line is not equal to the actual financing amount of the company, and the specific financing amount of the company will be determined according to the actual needs of its own operation.

According to the 2020 annual report, the main businesses of Qingdao Tgood Electric Co.Ltd(300001) are power system, new energy vehicles, railway system and coal system, accounting for 62.93%, 27.4%, 9.39% and 0.28% of revenue respectively.

The chairman of Qingdao Tgood Electric Co.Ltd(300001) is Yu Dexiang, male, 56 years old, with a doctorate background.

(Daily Economic News)

 

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