Securities code: Anhui Zhongyuan New Materials Co.Ltd(603527) securities abbreviation: Anhui Zhongyuan New Materials Co.Ltd(603527) Announcement No.: 2022025 Anhui Zhongyuan New Materials Co.Ltd(603527)
Announcement on the company’s application for comprehensive credit from the bank
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.
Anhui Zhongyuan New Materials Co.Ltd(603527) (hereinafter referred to as “the company”) held the 12th meeting of the 4th board of directors on March 25, 2022. The meeting deliberated and adopted the proposal on the company’s application for comprehensive credit from the bank. The specific contents are as follows:
In order to meet the needs of the company’s operation and development, the company is approved to apply for the following credit:
(1) It is approved that the company applies to Industrial Bank Co.Ltd(601166) Wuhu Branch for comprehensive credit of no more than 30 million yuan.
(2) It is approved that the company applies to Bank Of Communications Co.Ltd(601328) Wuhu Branch for a comprehensive credit of no more than 40 million yuan.
(3) The company is approved to apply to Wuhu Yangzi Rural Commercial Bank Co., Ltd. for a comprehensive credit of no more than 50 million yuan.
(4) It is approved that the company applies to Agricultural Bank Of China Limited(601288) Wuhu Economic and Technological Development Zone sub branch for a comprehensive credit of no more than 100 million yuan.
(5) It is approved that the company applies to Industrial And Commercial Bank Of China Limited(601398) Wuhu Economic and Technological Development Zone sub branch for a comprehensive credit of no more than 90 million yuan.
(6) It is approved that the company applies to China Everbright Bank Company Limited Co.Ltd(601818) Wuhu Branch for a comprehensive credit of no more than 40 million yuan.
(7) The company is approved to apply to Wuhu Branch of Shanghai Pudong Development Bank for comprehensive credit of no more than 40 million yuan.
(8) It is approved that the company applies to China Citic Bank Corporation Limited(601998) Wuhu Branch for comprehensive credit of no more than 50 million yuan.
(9) It is approved that the company applies to Postal Savings Bank Of China Co.Ltd(601658) Wuhu Branch for comprehensive credit of no more than 100 million yuan.
(10) It is approved that the company applies to China Merchants Bank Co.Ltd(600036) Wuhu Branch for a comprehensive credit of no more than 50 million yuan.
(11) It is approved that the company applies to Ping An Bank Co.Ltd(000001) Wuhu Branch for comprehensive credit of no more than 100 million yuan.
(12) It is approved that the company applies to China Trust Commercial Bank Co., Ltd. Shanghai Branch for a comprehensive credit of no more than 20 million yuan.
(13) It is approved that the company apply to China Zheshang Bank Co.Ltd(601916) Hefei Branch for comprehensive credit of no more than 150 million yuan.
(14) It is approved that the company applies to China Minsheng Banking Corp.Ltd(600016) Wuhu Branch for comprehensive credit of no more than 20 million yuan.
The validity period of the above credit is within 12 months from the date of deliberation and approval by the board of directors. Within the credit period, the credit line can be recycled. The specific rights and obligations shall be subject to the actually signed loan contract.
The credit line is not equal to the financing amount of the company. The actual financing amount should be within the credit line, subject to the actual financing amount between the bank and the company. The specific financing amount will be reasonably determined according to the actual needs of the company’s working capital.
At the same time, in order to improve the efficiency of decision-making, the board of directors authorizes the chairman of the company or the authorized agent designated by the chairman to sign relevant agreements and documents according to the capital needs within the total amount of the bank’s comprehensive credit line.
The independent directors of the company expressed independent opinions on the above matters: after verification, the company applied for comprehensive credit from the bank to meet the capital needs of the company’s business development, the necessity of applying for credit is sufficient, the purpose is legal and compliant, and the decision-making procedures and voting results of the board of directors on the above credit matters are legal and effective. We unanimously agree on the company’s application for comprehensive credit from the bank.
It is hereby announced.
Anhui Zhongyuan New Materials Co.Ltd(603527) board of directors March 28, 2022
