Securities Code: 002295 Securities Abbreviation: Jingyi Shares Announcement Number: 2026-022
Guangdong Jingyi Metal Co., Ltd.
Announcement on Pledging Structured Deposits and Other Assets for Credit Financing Business
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Guangdong Jingyi Metal Co., Ltd. (hereinafter referred to as the "Company") held its Second Meeting of the Ninth Board of Directors on April 24, 2026, and deliberated and passed the "Proposal on Pledging Structured Deposits and Other Assets for Credit Financing Business." This proposal needs to be submitted to the Company's shareholders' meeting for deliberation, the details of which are as follows:
I. Overview of the Matter
To improve fund utilization efficiency and reduce capital costs, the Company and its subsidiaries plan to pledge structured deposits, bank acceptance bills, large-denomination certificates of deposit, wealth management products, letters of credit, security deposits, and commercial acceptance bills that they legally hold, with a total value not exceeding RMB 800 million, to apply for credit financing, loans, letters of credit, bank acceptance bills, and other businesses. The credit line can be used cyclically. The pledge period will be 12 months from the date of approval by the Company's 2025 Shareholders' Meeting.
According to the "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange" and the "Articles of Association," this annual pledge quota needs to be submitted to the Company's shareholders' meeting for deliberation. The Company's Board of Directors proposes that the shareholders' meeting authorize the Company's management to handle relevant matters and authorize the Company's legal representative or the authorized representative designated by the legal representative to review and sign all contracts, agreements, and legal documents related to the pledge within the aforementioned pledge quota. The authorization period will be 12 months from the date of approval by the Company's 2025 Shareholders' Meeting.