Securities code: Changshu Tianyin Electromechanical Co.Ltd(300342) securities abbreviation: Changshu Tianyin Electromechanical Co.Ltd(300342) announcement Code: 2022014
Changshu Tianyin Electromechanical Co.Ltd(300342)
Announcement on applying for comprehensive credit line from banks
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.
Changshu Tianyin Electromechanical Co.Ltd(300342) (hereinafter referred to as "the company") deliberated and adopted the proposal on applying for comprehensive credit line from the bank at the 20th meeting of the 4th board of directors held on April 8, 2022. According to the company law, the Listing Rules of Shenzhen Stock Exchange, the articles of association and other relevant provisions, 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 of the company for deliberation. The details are hereby announced as follows:
1、 Basic information of applying for bank credit line
In order to meet the needs of the company's production, operation and business development, ensure sufficient funds and improve production and operation efficiency, the company plans to apply to the bank for a comprehensive credit line with a total amount of no more than 720 million yuan. The credit line is used to handle short-term working capital loans, bank acceptances, various guarantees, letters of credit, bill discount and other businesses required for daily production and operation. The credit term is one year. The details of the comprehensive credit line to be applied to each bank are as follows:
No. credit line to be applied by banking institution
1 Bank Of Ningbo Co.Ltd(002142) Suzhou Branch RMB 200 million
2 Agricultural Bank Of China Limited(601288) Co., Ltd. Changshu branch RMB 150 million
3 Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) Bixi sub branch RMB 150 million
4 Bank Of Communications Co.Ltd(601328) Changshu branch 120 million yuan
5 Bank Of Jiangsu Co.Ltd(600919) Changshu sub branch RMB 100 million
The above credit line is finally subject to the credit line actually approved by the bank. The credit line is not equal to the actual financing amount of the company. The actual financing amount should be within the credit line and subject to the actual financing amount between the bank and the company. The specific financing amount will be reasonably determined according to the actual capital demand of the company.
The application period of the above comprehensive credit line is valid within 1 year from the date of deliberation and approval by the board of directors. At the same time, in order to improve work efficiency and ensure the timeliness of business procedures, within the scope of the comprehensive credit line, the board of directors of the company authorizes the general manager or the authorized person designated by the general manager to exercise the decision-making power of specific operations within the scope of the above line, and sign relevant contracts, agreements, vouchers and other legal documents.
2、 Documents for future reference
1. Resolutions of the 20th meeting of the 4th board of directors of the company;
2. Other documents required by Shenzhen Stock Exchange.
It is hereby announced.
Changshu Tianyin Electromechanical Co.Ltd(300342) board of directors April 8, 2022
