Securities code: Anhui Ankai Automobile Co.Ltd(000868) securities abbreviation: Anhui Ankai Automobile Co.Ltd(000868) Announcement No.: 2022017 Anhui Ankai Automobile Co.Ltd(000868)
Announcement on the company’s application for comprehensive credit in 2022
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.
On March 18, 2022, Anhui Ankai Automobile Co.Ltd(000868) (hereinafter referred to as “the company”) held the 13th meeting of the 8th board of directors. The meeting deliberated and adopted the proposal on the company’s application for comprehensive credit in 2022 with 9 votes in favor, 0 votes against and 0 abstentions, and submitted the proposal to the 2021 annual general meeting of shareholders of the company for voting. The specific contents are announced as follows:
In order to implement the company’s production and operation plan and objectives in 2022, reduce capital pressure, broaden financing channels, effectively drive the growth of sales revenue and ensure the sustainable and healthy development of the company, the company plans to apply for comprehensive credit from banks and other financial institutions within the total amount of 5 billion yuan in 2022. The above comprehensive credit term is one year and is valid until the convening date of the next annual general meeting of shareholders. This credit line is mainly used for financing in the form of project capital loan, working capital loan, issuing bank acceptance bill, letter of guarantee, factoring, bill, letter of credit, forward foreign exchange settlement and sales, trade financing, personal mortgage, legal person mortgage and so on. The credit line is not equal to the financing amount of the company. The actual financing amount shall be within the credit line, and the actual financing amount between the bank and the company shall prevail. The specific financing amount will be determined according to the actual needs of the company’s working capital.
The board of directors of the company authorizes the chairman of the board of directors to sign all instruments of the above comprehensive credit extension. If it exceeds the scope of authorization, it shall be implemented after being approved by the board of directors.
It is hereby announced
Anhui Ankai Automobile Co.Ltd(000868) board of directors March 22, 2022
