Securities code: Hitevision Co.Ltd(002955) securities abbreviation: Hitevision Co.Ltd(002955) Announcement No.: 2022017 Hitevision Co.Ltd(002955)
About the application of the company and its subsidiaries to the bank in 2022
Announcement of estimated comprehensive credit line
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.
Hitevision Co.Ltd(002955) (hereinafter referred to as "the company") held the 12th meeting of the second board of directors on April 27, 2022, deliberated and adopted the proposal on the prediction of the company and its subsidiaries applying for comprehensive credit line from banks in 2022, which needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation. The relevant information is hereby announced as follows:
1、 Comprehensive application of proposed credit line
In order to meet the capital needs of the company's production, operation and business development in 2022, the company and its subsidiaries intend to apply to the bank for a comprehensive credit line with a total amount of no more than RMB 1.8 billion or equivalent foreign currency in 2022. Credit categories include but are not limited to long-term and short-term loans, bank acceptance bills, trade financing, letter of guarantee, letter of credit, foreign exchange derivatives, etc.
The above credit line and credit products shall finally be 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 shall be within the credit line, and the actual financing amount between the bank and the company shall prevail.
The validity period of the credit line is from the date of deliberation and approval of the company's 2021 annual general meeting to the date of the company's 2022 annual general meeting. Within the credit term, the credit line can be recycled. Meanwhile, in order to improve work efficiency, the board of directors of the company requested the general meeting of shareholders to authorize the management of the company to sign contracts, agreements and other legal documents related to the above comprehensive credit line (including but not limited to credit, loan, guarantee, mortgage, etc.).
2、 Impact on the company
The company's application for credit line from the bank is based on the actual needs of the company's daily production and operation activities, which is conducive to supplementing the company's working capital and promoting the company's business development, and will not have a negative impact on the production and operation of the company and its subsidiaries. Up to now, the company is in good operation and has good solvency. The decision-making procedure of the application for comprehensive credit line is legal and compliant, and there is no situation that damages the interests of the company and shareholders, especially minority shareholders.
3、 Documents for future reference
Resolution of the 12th meeting of the second board of directors.
It is hereby announced.
Hitevision Co.Ltd(002955) board of directors April 28, 2022
