Announcement on Continued Application for Entrusted Loan
Time:2021-09-24
Classification： Company Announcement
In September 2020, Shouhang High-tech Energy Technology Co., Ltd. (hereinafter referred to as the "Company" or "Shouhang High-tech") applied for Gansu Financial Holding Finance Guarantee Group Co., Ltd. to entrust Huaxia Bank Co., Ltd. Lanzhou Branch to issue entrusted loans to the company, The principal is RMB 0.3 billion (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
The company held the 19th meeting of the fourth board of directors on September 23, 2021, and reviewed and approved the "Proposal on the Company's Continued Application for Entrusted Loans". In order to meet the needs of normal production and operation and normal working capital turnover, the company applied Gansu Financial Holding Finance Guarantee Group Co., Ltd. entrusted Lanzhou Branch of Huaxia Bank Co., Ltd. to issue an entrusted loan to the company with a principal of RMB 0.3 billion (in words: 300 million), 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 and daily production and operation needs.
The entrusted loan matter has been deliberated and approved at the 19th meeting of the Fourth Board of directors of the company, and the chairman of the company is authorized to sign the specific entrusted loan and asset mortgage matters, which need not be submitted to the general meeting of shareholders for deliberation.
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 use various channels to raise funds to realize its future development strategy, which is conducive to the company's medium and long-term development demand for working capital, promote the company's business development, and conform to the company's overall and long-term interests.
It is hereby announced.
Shouhang Gaoke Energy Technology Co., Ltd.
Board of Directors
September 23, 2021
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
