002056SZSE

Announcement on the Application for Credit Limits from Financial Institutions for 2026

✨ AI Summary

Hengdian Group Dongci Co., Ltd. plans to apply for a credit limit of up to 15 billion RMB from banks and financial institutions for 2026. This credit will support various financial activities, including loans and trade financing. The board has authorized management to sign relevant contracts during the authorization period, which lasts until the 2026 annual shareholders' meeting.

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Full Translation

AI Translation· azure_openai

Overview

In light of the company's production and business development needs, Hengdian Group Dongci Co., Ltd. (the "Company") intends to apply for a comprehensive credit limit of no more than 15 billion RMB from banks and other financial institutions for 2026. This credit will be used for various activities, including but not limited to loans, acceptance bills, letters of credit, guarantees, bill discounting, factoring, export financing, and foreign exchange derivatives. The credit limit does not equate to the actual financing amou

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