Securities code: Amethystum Storage Technology Co.Ltd(688086) securities abbreviation: Amethystum Storage Technology Co.Ltd(688086) Announcement No.: 2022041 Amethystum Storage Technology Co.Ltd(688086)
Announcement on the company’s application for comprehensive financing credit line from financial institutions and non-financial institutions
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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content: Amethystum Storage Technology Co.Ltd(688086) (hereinafter referred to as “the company”) intends to apply for comprehensive financing credit of no more than RMB 1 billion from financial institutions and non-financial institutions.
1、 Business description of applying for financing comprehensive credit line
In order to ensure sufficient cash flow of the company and meet the needs of business expansion of the company, the company plans to apply to financial institutions and non-financial institutions for comprehensive financing credit of no more than RMB 1 billion (including this amount). The scope of credit business includes but is not limited to working capital loan, project loan, entrusted loan, letter of credit, bank acceptance bill, letter of guarantee, factoring, financial leasing Financial leasing, etc. (the specific financing credit amount, loan amount, term, guarantee method, credit form and purpose shall be subject to the relevant contracts or agreements signed with financial institutions and non-financial institutions).
The stock line (i.e. the line that has been granted credit by financial institutions (or non-financial institutions) and has signed relevant credit contracts (or agreements) does not occupy the approved line, and will automatically become invalid after expiration.
1. Use the company’s assets, including but not limited to monetary funds (except raised funds), accounts receivable, notes receivable, real estate, land, equipment, intangible assets, etc. as collateral for the company to apply for comprehensive credit from financial institutions and non-financial institutions.
2. The resolution of the company to apply for comprehensive financing credit from financial institutions and non-financial institutions shall be valid within 12 months from the date of deliberation and approval by the general meeting of shareholders of the company (the validity period shall be calculated based on the signing date of the financing business contract signed between the company and financial institutions and non-financial institutions, and the final validity period of a single financing business shall be subject to the business contract), and the approved line can be recycled within a limited period.
3. Authorize the chairman, management and managers of the company to apply for comprehensive financing credit to financial institutions and non-financial institutions within the specified validity period according to the resolution of the general meeting of shareholders, and sign relevant contracts for credit and financing business within the limit approved by the general meeting of shareholders,
This application for comprehensive financing credit from financial institutions and non-financial institutions is used for the production and operation of the company, which is conducive to the sustainable and stable operation and future development of the company, has a positive impact on the daily business activities of the company, will not have an adverse impact on the company, and is in line with the interests and needs of the company and shareholders. The above applied 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 and variety will be reasonably determined according to the actual needs of the company’s business development.
2、 Decision making procedures for performance
On April 29, 2022, the company held the fifth meeting of the third board of directors to consider and pass the proposal on the company’s application for comprehensive financing credit line from financial institutions and non-financial institutions.
Voting results: 9 in favor, 0 against and 0 abstention.
All directors of this proposal do not need to withdraw from voting, but need to be submitted to the general meeting of shareholders for deliberation.
3、 Impact on the company
This application for financing comprehensive credit is used for the company’s production and operation, which is conducive to the company’s sustainable and stable operation and future development, has a positive impact on the company’s daily business activities, will not have an adverse impact on the company, and is in line with the interests and needs of the company and shareholders.
It is hereby announced.
Amethystum Storage Technology Co.Ltd(688086) board of directors April 30, 2022
