Securities code: Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) securities abbreviation: Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) Announcement No.: 2022028 Zhejiang Provincial New Energy Investment Group Co.Ltd(600032)
Announcement on the company’s financing limit in 2022
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.
Important content tips:
Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) (hereinafter referred to as “the company”) intends to apply to financial institutions for a financing limit with a total amount of no more than 28 billion yuan. On April 19, 2022, the 34th meeting of the first board of directors and the 31st meeting of the first board of supervisors respectively deliberated and adopted the proposal on the company’s financing limit in 2022, which needs to be submitted to the general meeting of shareholders for deliberation.
Within the above financing limit, it is proposed that the general meeting of shareholders authorize the general manager’s office meeting to make decisions on debt financing matters within the above limit, and authorize the legal representative of the financing party or its authorized representative to go through relevant procedures within the above financing limit and sign relevant contracts and documents.
1、 Overview of financing
In order to meet the production and operation needs of the company, solve the operating capital needs of the company and its subsidiaries and improve the operating efficiency of the company, the company and its subsidiaries plan to supplement part of the capital needs through debt financing. In 2022, the company plans to conduct 28 billion yuan of debt financing from non related parties (referring to the financing that will increase the company’s liabilities after the completion of the company’s financing behavior, including but not limited to loans from banks or non bank financial institutions, financial leasing, issuance of corporate bonds, issuance of creditor’s rights financing plan, etc.) for the company’s capital turnover, project construction, etc.
The above amount is not equal to the actual financing amount of the company. The specific financing amount will be reasonably determined according to the actual demand of working capital, and the financing amount shall be subject to the actual financing amount of the company and non related parties. The new debt financing line can be recycled within the financing authorization period.
2、 Other instructions
The general meeting of shareholders is requested to authorize the general manager’s office meeting to make decisions on debt financing within the above amount, and authorize the legal representative of the financing party or its authorized representative to go through relevant procedures within the above financing amount and sign relevant contracts and documents.
The term of this authorization is from the date of deliberation and approval of the company’s 2021 annual general meeting to the date of holding the 2022 annual general meeting.
If guarantee is involved in the implementation of the above financing matters, the company will strictly perform the approval procedures and information disclosure obligations in accordance with the provisions of laws and regulations such as the Listing Rules of Shanghai Stock Exchange and the articles of association.
The matter still needs to be submitted to the general meeting of shareholders for deliberation.
It is hereby announced.
Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) board of directors April 19, 2022
