Stock Code: 000005 Stock Abbreviation: ST Xingyuan Announcement No.: 2023-060 Shenzhen Century Star Source Co., Ltd Announcement on Signing a Credit Line Agreement with Industrial Bank Co., Ltd. Shenzhen Branch The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosure content. No
False records, misleading statements, or material omissions. Shenzhen Century Xingyuan Co., Ltd. (hereinafter referred to as the "Company") closed on November 14, 2023 The credit line contract signed with Industrial Bank Co., Ltd. Shenzhen Branch is hereby disclosed as follows Next:
| 1. Contract | Both sides | Party | |||
|---|---|---|---|---|---|
| Loans | Formula: | Xingye | Bank | Co., Ltd. | Shenzhen Branch |
The lender has no related-party relationship with the company. 2. Main Contents of the Contract
- The company applies to Industrial Bank Co., Ltd. Shenzhen Branch for a maximum credit limit in RMB 65 million yuan. The credit line is valid from November 13, 2023 to November 5, 2024, and is available During the validity period, it can be reused, and the loan interest rate is based on the bank's interest rate requirements on the day of disbursement.
- Contract signing date: November 13, 2023.
- This contract shall take effect upon signature and seal by both parties.
- Guaranteed by the subsidiary Shenzhen Smart Space Property Management Service Co., Ltd., with company directors Chairman Ding Peng and Director Zheng Liele provided personal guarantees for the company. This contract has been reviewed and approved by the company's Board of Directors (see the "Board Resolution Announcement" disclosed by the company on the same day). Announcement No. 2023-059), no need to submit to the shareholders' meeting for approval.
- The impact of contracts on listed companies
- The performance of this contract will alleviate the company's future operating funding needs.
- The performance of this contract does not affect the company's business independence, and the company's main business has no cause for it Becoming dependent on the counterparty while performing the contract.
- Documents for reference Credit Limit Contract Signed with Industrial Bank Co., Ltd. Shenzhen Branch