Securities code: Guanglian Aviation Industry Co.Ltd(300900) securities abbreviation: Guanglian Aviation Industry Co.Ltd(300900) Announcement No.: 2022037 Guanglian Aviation Industry Co.Ltd(300900) about
Announcement of credit line and subsidiaries in 2022
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions.
Guanglian Aviation Industry Co.Ltd(300900) (hereinafter referred to as the company) deliberated and adopted the proposal on the application of the company and its subsidiaries for comprehensive credit line from banks and other financial institutions in 2022 at the second meeting of the third board of directors held on March 18, 2022. This proposal still needs to be submitted to the 2021 annual general meeting for deliberation, and the independent directors of the company expressed their independent opinions on this matter. Relevant matters are hereby announced as follows:
In order to ensure the capital needs of the company’s operation and development and ensure the safety of the company’s funds, the company and its subsidiaries intend to apply for a comprehensive credit line of no more than RMB 900 million (including but not limited to working capital loan, bank acceptance bill, bill discount, letter of credit, etc.) from banks and other financial institutions in 2022. Within this line, the company and its subsidiaries apply for credit according to the actual capital needs. During the credit period, such credit lines can be recycled. The above credit line is not equal to the actual financing amount. The specific financing amount will be determined according to the actual needs of the company’s working capital, and the amount will not exceed the above specific credit amount; The financing interest rate, type and term shall be subject to the specific financing contract signed.
On the premise of not exceeding the comprehensive credit line, the company authorizes the chairman to sign all legal documents within the above comprehensive credit line on behalf of the company (including but not limited to applications, contracts, agreements and other documents related to credit, loan and financing). The authorization period starts from the date of deliberation and approval of the 2021 annual general meeting of shareholders to the date of holding the 2022 annual general meeting of shareholders. The above comprehensive credit line with a total scale of no more than RMB 900 million will be distributed between the company and its subsidiaries according to its actual business needs.
It is hereby announced.
Guanglian Aviation Industry Co.Ltd(300900) board of directors March 19, 2022
