Stock Code: 000680
Stock Abbreviation: Shantui Co., Ltd.
Announcement No.: 2026-055
Shantui Engineering Machinery Co., Ltd.
Announcement on Establishing Engineering Machinery Credit Cooperation Business with Relevant Banks and Financial Leasing Companies
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions.
Key Content Highlights:
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Business Target: Should be terminal customers or dealers (agents) with good credit standing, who also meet the financing conditions of banks and financial leasing companies, and have no affiliation with the Company (including its subsidiaries). Business targets are required to provide collateral, margin deposits, or guarantor guarantees for credit enhancement.
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On March 13, 2026, Shantui Engineering Machinery Co., Ltd. (hereinafter referred to as the "Company") held the 22nd meeting of the 11th Board of Directors, which reviewed and approved the "Proposal on Establishing Engineering Machinery Credit Cooperation Business with Relevant Banks and Financial Leasing Companies," agreeing to a comprehensive credit line of RMB 2.805 billion for the Company's engineering machinery credit cooperation business in 2026.
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Based on business needs, this proposal increases the comprehensive credit line for engineering machinery credit cooperation business by RMB 700 million. After the increase, the Company's total comprehensive credit line for engineering machinery credit cooperation business in 2026 will be RMB 3.505 billion, accounting for 56.78% of the net assets attributable to shareholders of the listed company as audited on December 31, 2025. As of June 30, 2026, the balance of the Company's engineering machinery credit cooperation business with banks and financial leasing companies was RMB 1,482.3603 million, accounting for 24.01% of the net assets attributable to shareholders of the listed company as audited on December 31, 2025. Investors are kindly requested to pay close attention to related risks.
On August 10, 2026, the Company held the 2nd meeting of the 12th Board of Directors, which reviewed and approved the "Proposal on Establishing Engineering Machinery Credit Cooperation Business with Relevant Banks and Financial Leasing Companies." To better promote the Company's product sales and market development, and to comprehensively establish and develop a modern new type of bank-enterprise cooperation relationship, the Company (including its subsidiaries) has established engineering machinery credit cooperation business with the following banks and financial leasing companies based on the principle of complementary advantages and mutual benefit, with a new comprehensive credit line of RMB 700 million.
In accordance with the "Shenzhen Stock Ex