Securities code: Kangping Technology (Suzhou) Co.Ltd(300907) securities abbreviation: Kangping Technology (Suzhou) Co.Ltd(300907) Announcement No.: 2022015 Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) Co., Ltd
Announcement on the application of the company and its subsidiaries 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.
Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) Co., Ltd. (hereinafter referred to as "the company") held the first meeting of the Fourth Board of directors in 2022 on March 31, 2022, deliberated and adopted the proposal on the application of the company and its subsidiaries for comprehensive credit line from the bank, which needs to be submitted to the general meeting of shareholders of the company for deliberation. The specific contents are hereby announced as follows:
1、 Basic information of applying for comprehensive credit line from the bank this time
According to the company's development strategic plan, in order to meet the capital needs of the company and its subsidiaries within the scope of consolidated statements for production and operation and ensure the stable operation of the company, the company and its subsidiaries intend to apply to the bank for a comprehensive credit line with a total amount of no more than 500 million yuan or equivalent foreign currency (finally subject to the credit line actually approved by the bank). The credit line includes the extension or renewal of new credit and original credit, It is valid for one year from the date of deliberation and approval by the general meeting of shareholders of the company. Within the credit period, the credit line can be recycled.
The purpose of this loan includes but not limited to the bank acceptance, letter of credit, bank acceptance and other related purposes. The above credit line is not equal to the actual financing amount of the company and its subsidiaries. The company and its subsidiaries will handle relevant businesses according to the actual business needs, and the final amount shall be subject to the actually signed contract.
Within the above credit term and line, the board of directors of the company requests the general meeting of shareholders to authorize the board of directors to authorize the chairman or his authorized personnel to sign various legal documents related to credit, and the board of directors of the company will no longer issue a separate resolution of the board of directors on each credit business.
This proposal needs to be submitted to the general meeting of shareholders of the company for deliberation.
2、 Document for future reference 1. Resolution of the first meeting of the Fourth Board of directors in 2022. It is hereby announced.
Board of directors of Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) Co., Ltd. April 2, 2022
