Announcement on Application for Entrusted Loan
Time:2020-09-25
Classification： Company Announcement
In September 2019, through the application of Shouhang High-tech Energy Technology Co., Ltd. (hereinafter referred to as the "Company"), Gansu Financial Holding Financing Guarantee Group Co., Ltd. entrusted Huaxia Bank Co., Ltd. Lanzhou Branch to issue entrusted loans to the company, currency RMB, The principal is 0.3 billion yuan (capital: 300 million yuan only), and the term is 12 months. Due to the expiration of the term, the company intends to continue to apply for entrusted loans. The relevant matters are hereby announced as follows:
I. Overview of loans
On September 24, 2020, the eighth meeting of the fourth board of directors of the company deliberated and passed the "proposal on the company's application for entrusted loan". In order to meet the needs of normal production and operation and normal working capital turnover, Gansu Financial Holding Financing Guarantee Group Co., Ltd. entrusted Lanzhou Branch of Huaxia Bank Co., Ltd. to issue entrusted loan to the company, currency RMB, principal 0.3 billion yuan (capital: 300 million yuan only), the term is 12 months, and the interest rate and effective date of the loan are subject to the signing of the contract. The company pledges its accounts receivable of not less than 0.5 billion yuan (in words: five billion yuan only) to Gansu Financial Control Financing Guarantee Group Co., Ltd. as a guarantee measure.
The main purpose of this entrusted loan is to meet the company's normal liquidity needs and daily production and operation needs.
The entrusted loan has been deliberated and approved at the eighth meeting of the fourth board of directors of the company, and the chairman of the company is authorized to handle the specific entrusted loan and asset mortgage matters. This matter does not need to be submitted to the general meeting of shareholders for consideration.
II. Matters concerning the authorization of the entrusted loan
In order to ensure that the entrusted loan work can be carried out in an orderly and efficient manner, the board of directors of the company authorizes the chairman of the company to handle matters related to the entrusted loan within the above loan plan, including but not limited to: signing contracts and agreements related to the entrusted loan And documents, etc.; handle all other necessary matters related to this entrusted loan.
III. Impact on the Company
The company's application for entrusted loan is an important measure for the company to raise funds through various channels to realize its future development strategy, which is conducive to the company's medium and long-term development demand for working capital and is in line with the company's overall and long-term interests.
It is hereby announced.
Shouhang Gaoke Energy Technology Co., Ltd.
Board of Directors
24 September 2020
Contact information
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Email：shgk@sh-ihw.com
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Fax：010-52256633
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Add：Building 20,Block 3,188 South 4th Ring W.Rd,Fengtai,Beijing,China
