002333SZSE

Announcement on Applying for Comprehensive Credit Line from Banks for 2026

Lopsking Co., Ltd.·

✨ AI Summary

Zhongyi Feng Luopuxin Materials Technology Co., Ltd. announced its board of directors approved applying for a comprehensive credit line of up to RMB 1.8 billion from banks for 2026. This credit line will be used for the company and its subsidiaries' production, operations, and development. The credit line is valid until the next annual general meeting and can be used cyclically. The board authorized the chairman to sign relevant legal documents.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Securities Code: 002333 Securities Abbreviation: Luopuxin Announcement No.: 2026-014 Zhongyi Feng Luopuxin Materials Technology Co., Ltd. Announcement on Applying for Comprehensive Credit Line from Banks for 2026

The company and all members of the board of directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Zhongyi Feng Luopuxin Materials Technology Co., Ltd. (hereinafter referred to as the "Company") held the 28th meeting of the Sixth Board of Directors on April 22, 2026, and reviewed and approved the "Proposal on Applying for Comprehensive Credit Line from Banks for 2026". The specific situation is hereby announced as follows:

I. Application for Credit Line from Banks

To meet the needs of the Company and its subsidiaries for production, operation, and development, and to improve the efficiency of fund utilization, it is agreed that the Company and its subsidiaries (including all holding subsidiaries currently included in the consolidated financial statements) will apply for a comprehensive credit line from banks in 2026, with a total credit line not exceeding RMB 1.8 billion. Within this credit line, the Company and its subsidiaries (including all holding subsidiaries currently included in the consolidated financial statements) will carry out financing businesses such as long-term loans, short-term working capital loans, bank acceptance bills, and non-financing guarantees (performance bonds, advance payment bonds, quality bonds, bid bonds) based on their actual capital needs.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…