Securities code: Jiangsu Bide Science And Technology Co.Ltd(605298) securities abbreviation: Jiangsu Bide Science And Technology Co.Ltd(605298) Announcement No.: 2021007 Jiangsu Bide Science And Technology Co.Ltd(605298)
Announcement on applying for comprehensive credit line from banks
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.
The company plans to apply to the bank for a total of no more than the equivalent of RMB 955 million (including RMB 955 million)
The comprehensive credit line is valid for 36 months from the date of approval by the 2021 annual general meeting of shareholders. The above credit line is not equal to the actual financing amount. The actual financing amount will be determined according to the actual capital needs of the company’s production and operation, and the actual financing amount between the company and the bank within the credit line shall prevail. The credit line can be recycled within the authorization scope and validity period. Comprehensive credit varieties include but are not limited to: working capital loan, project development loan, bank acceptance bill, guarantee line, letter of credit line, trade financing line, foreign exchange business, low-risk business line and various banking businesses required for daily operation and project development of other companies. The financing period shall be subject to the actually signed contract.
The proposed credit extension of the company is shown in the table below:
No. credit line of financial institution (10000 yuan)
1 China Agricultural Bank Of China Limited(601288) Jiangyin Yuecheng sub branch 1000000
2 China China Construction Bank Corporation(601939) nanzha sub branch 1000000
3 Bank Of Ningbo Co.Ltd(002142) Wuxi Branch 1000000
4 Industrial Bank Co.Ltd(601166) Jiangyin sub branch 1000000
5 China Merchants Bank Co.Ltd(600036) jiangyin Hongqiao South Road sub branch 1000000
6 China Industrial And Commercial Bank Of China Limited(601398) Jiangyin Qingyang sub branch 1000000
7 Bank Of Jiangsu Co.Ltd(600919) Jiangyin sub branch 1000000
8 Jiangsu Jiangyin rural commercial bank Yuecheng sub branch 500000
9 Shanghai Pudong Development Bank Jiangyin sub branch 500000
10 China Everbright Bank Company Limited Co.Ltd(601818) Jiangyin sub branch 1000000
11 China Zheshang Bank Co.Ltd(601916) Jiangyin sub branch 500000
Jiangyin Hengfeng Bank Co., Ltd. 12.00
Total 9550000
The board of directors of the company authorizes the chairman of the company to examine and approve specific loan matters according to the actual capital needs of the company’s production and operation, and there is no need to convene a separate board of directors for deliberation.
The above matters need to be submitted to the general meeting of shareholders for deliberation
It is hereby announced.
Jiangsu Bide Science And Technology Co.Ltd(605298) April 21, 2022
