Securities Code: 001217 Securities Abbreviation: Hualitai Announcement No.: 2026-010
Anhui Hualitai Chemical Co., Ltd.
Announcement on the Application for Comprehensive Bank Credit Line for the Year 2026
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Anhui Hualitai Chemical Co., Ltd. (hereinafter referred to as "the Company") convened the ninth meeting of the sixth board of directors on April 22, 2026, and reviewed and approved the proposal on the application for a comprehensive bank credit line for the year 2026. In order to meet the funding needs of the Company and its subsidiaries for production and operation in 2026 and to ensure sufficient cash flow, it was agreed that the Company and its subsidiaries would apply to the bank for a comprehensive credit line not exceeding RMB 2 billion. The validity period of the credit line shall commence from the date of approval by the annual general meeting of shareholders for the year 2025 and shall end on the date of the annual general meeting of shareholders for the year 2026. The credit line can be used repeatedly within the validity period. This matter still needs to be submitted to the Company's annual general meeting of shareholders for review.
The application for the above credit line does not equate to the actual financing amount of the Company; the actual financing amount shall be based on the financing amount actually incurred between the Company and the bank within the credit line. To ensure financing needs, it is proposed that the shareholders' meeting authorize the management of the Company to handle specific applications for loans from the bank or adopt other business methods (including but not limited to working capital loans, trade financing, bill discounting, issuing bank acceptance bills, etc.) within the credit line. The legal representative of the Company is authorized to sign relevant legal documents related to the above credit financing with banking institutions (including but not limited to applications, contracts, agreements, etc. related to credit, borrowing, pledges, mortgages, etc.).