Securities code: Beijing Compass Technology Development Co.Ltd(300803) securities abbreviation: Beijing Compass Technology Development Co.Ltd(300803) Announcement No.: 2022021 Beijing Compass Technology Development Co.Ltd(300803)
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.
Beijing Compass Technology Development Co.Ltd(300803) (hereinafter referred to as “the company”) held the 25th meeting of the 12th board of directors on March 16, 2022. The meeting deliberated and adopted the proposal on the company’s application for comprehensive credit line from the bank. Now the relevant information of the proposal is announced as follows:
1、 Overview of comprehensive credit
1. Adjust the applied comprehensive credit line of China Merchants Bank Co.Ltd(600036) Beijing Branch
The company held the 20th meeting of the 12th board of directors in November 2021, which deliberated and passed the proposal on the company’s application for comprehensive credit line from the bank. The company applied for comprehensive credit line from China Merchants Bank Co.Ltd(600036) Beijing Branch, with a total amount of no more than 150 million yuan, which is used for but not limited to liquidity loans, issuing bank acceptance bills, letter of guarantee and other businesses, and the credit term is one year, The credit is in the form of credit guarantee, and the company does not need to provide mortgage guarantee. Now China Merchants Bank Co.Ltd(600036) Beijing Branch will adjust the total amount of the above credit granted to the company from no more than 150 million yuan to no more than 250 million yuan, and other contents of the original credit will remain unchanged.
2. The company plans to apply for comprehensive credit from Industrial Bank Co.Ltd(601166) Beijing Branch
The total amount of comprehensive credit application shall not exceed 100 million yuan, which is used for but not limited to working capital loans and other businesses, and the credit term is 1 year.
The company does not need to provide comprehensive guarantee for this credit extension. This matter is within the approval authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation.
The total credit line mentioned above is not equal to the actual financing amount of the company. After obtaining the credit, the company will handle financing matters within the scope of the credit line according to the actual business needs.
The board of directors authorizes Mr. Zheng Yong, the director and chief financial officer of the company, to be responsible for applying for bank credit and subsequent financing after the relevant proposals are deliberated and approved by the board of directors. The authorization is valid from the date of deliberation and approval by the board of directors to the date of expiration of the credit period.
2、 Documents for future reference
1. Beijing Compass Technology Development Co.Ltd(300803) the resolution of the 25th meeting of the 12th board of directors. It is hereby announced.
Beijing Compass Technology Development Co.Ltd(300803) board of directors
March 17, 2022
