Securities abbreviation: Eternal Asia Supply Chain Management Ltd(002183) securities code: 002183 Announcement No.: 2022-002 Eternal Asia Supply Chain Management Ltd(002183)
Announcement on resolutions of the 58th meeting of the 6th board of directors
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.
The notice of the 58th meeting of the sixth board of directors of Eternal Asia Supply Chain Management Ltd(002183) (hereinafter referred to as “the company”) was sent in the form of e-mail on January 14, 2022, and the meeting was held in the form of written signature on January 17, 2022. The company has 7 directors who should attend the meeting and 7 directors who actually attend the meeting. The convening procedures of this meeting comply with the provisions of the company law and the articles of association. The meeting resolved the following matters:
1、 Finally, the proposal on the company’s application for comprehensive credit line from Bank Of Ningbo Co.Ltd(002142) Shenzhen Branch was adopted with 7 affirmative votes, 0 negative votes and 0 abstention
Due to the needs of business development, the company applied to Bank Of Ningbo Co.Ltd(002142) Shenzhen Branch for a comprehensive credit line with a total amount of no more than RMB 400 million, with a credit term of one year, which shall be subject to the contract. In order to simplify the procedures for handling business, the signature of the legal representative on relevant legal documents and contracts has the same legal effect as its private seal.
2、 Finally, the proposal on the company’s handling of non recourse factoring of accounts receivable was adopted by 7 votes in favor, 0 votes against and 0 abstentions
In order to accelerate capital turnover, improve capital use efficiency, reduce accounts receivable balance and reduce accounts receivable management cost, the company plans to apply to banks, securities companies, asset management companies, factoring companies and other financial institutions for non recourse factoring of accounts receivable of no more than RMB 1.5 billion for a period of no more than one year, which shall be subject to the contract.
For details of this proposal, please refer to the announcement date in China Securities Journal, securities times, Shanghai Securities News or cninfo (www.cn. Info. Com. CN.) Announcement on the company’s handling of factoring business without recourse for accounts receivable disclosed on the.
3、 Finally, the proposal on handling non recourse factoring business of accounts receivable by Shenzhen Qianhai Eternal Asia Supply Chain Management Ltd(002183) supply chain Co., Ltd., a wholly-owned subsidiary of the company, was adopted with 7 votes in favor, 0 votes against and 0 abstentions
Shenzhen Qianhai Eternal Asia Supply Chain Management Ltd(002183) supply chain Co., Ltd., a wholly-owned subsidiary of the company, plans to apply to banks, securities companies, asset management companies, factoring companies and other financial institutions for non recourse factoring of accounts receivable of no more than RMB 500 million in order to accelerate capital turnover, improve capital use efficiency, reduce accounts receivable balance and reduce accounts receivable management costs, The term shall not exceed one year, which shall be subject to the contract.
For details of this proposal, please refer to the announcement date in China Securities Journal, securities times, Shanghai Securities News or cninfo (www.cn. Info. Com. CN.) Announcement on handling non recourse factoring of accounts receivable by Shenzhen Qianhai Eternal Asia Supply Chain Management Ltd(002183) supply chain Co., Ltd., a wholly-owned subsidiary of the company, disclosed on the.
4、 Finally, the proposal on the company as a wholly-owned subsidiary Shanghai Eternal Asia Supply Chain Management Ltd(002183) warehousing logistics Co., Ltd. applying to the bank for the issuance of standby letter of credit was adopted with 7 votes in favor, 0 votes against and 0 abstentions
Due to the needs of business development, the company applied to the bank for a standby letter of credit of no more than USD 4.5 million for the wholly-owned subsidiary Shanghai Eternal Asia Supply Chain Management Ltd(002183) warehousing logistics Co., Ltd. and Toshiba electronic components (Shanghai) Co., Ltd. for the business cooperation between the wholly-owned subsidiary Shanghai Eternal Asia Supply Chain Management Ltd(002183) warehousing logistics Co., Ltd. and Toshiba electronic components (Shanghai) Co., Ltd. for a period of one year, which shall be subject to the contract.
This proposal shall be submitted to the general meeting of shareholders for deliberation.
For details of this proposal, please refer to the announcement date in China Securities Journal, securities times, Shanghai Securities News or cninfo (www.cn. Info. Com. CN.) Announcement on the guarantee provided by the company for the wholly-owned subsidiary Shanghai Eternal Asia Supply Chain Management Ltd(002183) warehousing and Logistics Co., Ltd.
It is hereby announced.
Eternal Asia Supply Chain Management Ltd(002183) board of directors January 17, 2022
