Jun 28, 2022 05:04 PM (GMT+8) · EqualOcean
Luoping zinc electric announced that the company held the 25th (Interim) meeting of the seventh board of directors on January 28, 2022, which reviewed and approved the plan for applying to the bank for comprehensive financing credit in 2022. The company and its subsidiaries (including subsidiaries at all levels included in the company's consolidated statements) plan to apply to the bank for comprehensive credit not exceeding the equivalent amount of 850million yuan, Among them, it is proposed to apply to Luoping branch of Qujing City Commercial Bank for a comprehensive credit exposure limit of no more than 80million yuan. Now, due to the increase of the company's capital demand, after negotiation with Qujing commercial bank, it agrees to increase the company's comprehensive credit exposure line by 35million yuan to 115million yuan, and the company also provides mortgage guarantee for the borrowings.