Announcement on applying for comprehensive credit line from banks
Securities code: Guangzhou Jinyi Media Corporation(002905) securities abbreviation: Guangzhou Jinyi Media Corporation(002905) Announcement No.: 2022008 Guangzhou Jinyi Media Corporation(002905)
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.
1、 Overview of credit granting
Guangzhou Jinyi Media Corporation(002905) (hereinafter referred to as “the company”, “the company” and ” Guangzhou Jinyi Media Corporation(002905) “) deliberated and adopted the proposal on the company’s application for credit from banks at the 11th meeting of the 4th board of directors held on April 13, 2022, and agreed that the company would apply to cooperative banks for a comprehensive bank credit line with a total line of no more than 1.8 billion yuan, The validity period of the resolution is from the date of deliberation and approval of the annual general meeting of shareholders in 2021 to the date of convening the annual general meeting of shareholders in 2022. Within the validity period, the comprehensive credit line can be recycled.
This matter still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation. The details are as follows:
Unit: 100 million yuan
No. currency of credit application subject credit line term
1 Guangzhou Jinyi Media Corporation(002905) RMB 18 years
Total 18-
The company will select the bank that is most beneficial to the company according to the specific credit conditions. The specific credit bank and credit line can be selected and adjusted within the above limit according to the actual needs. The specific credit bank and the corresponding credit line, credit type, credit term and guarantee method shall be subject to the relevant agreement finally signed between the company and the bank.
The above comprehensive credit line is not equal to the actual financing amount. The specific financing amount of the company shall be subject to the agreement actually signed between the company and the bank according to the actual needs of the company’s working capital within the credit line.
2、 Impact on the company
With the expansion of the company’s business scale and scope, the company’s demand for working capital increases accordingly. Increasing the bank’s comprehensive credit line can further meet the company’s demand for funds and ensure the normal operation of various businesses
Announcement on applying for comprehensive credit line from banks
Orderly development is conducive to the sustainable development of the company.
3、 Business processing authorization
After the proposal is considered and approved by the general meeting of shareholders, within the scope of the credit line, the board of directors of the company authorizes the legal representative of the company or the authorized agent designated by the legal representative to handle relevant procedures on behalf of the company within the above credit line and sign relevant legal documents. All the legal and economic responsibilities arising therefrom shall be borne by the company.
Within the above credit line, the company will no longer hold a separate board of directors on each credit and issue a resolution of the board of directors.
4、 Documents for future reference
1. Resolution of the 11th meeting of Guangzhou Jinyi Media Corporation(002905) the 4th board of directors.
It is hereby announced.
Guangzhou Jinyi Media Corporation(002905) board of directors April 15, 2022
