002381SZSE

Announcement on Applying for Comprehensive Credit Line from Banks

Double Arrow Co., Ltd.·

✨ AI Summary

Zhejiang Shuangjian Rubber Co., Ltd. proposes to apply for a comprehensive credit line of up to RMB 3.6 billion from non-related banks to meet its operating needs. The credit line will cover various financing services and will be valid until the 2026 annual general meeting. The board requests shareholder authorization for the chairman to handle related matters.

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Stock Code: 002381 Bond Code: 127054 Stock Abbreviation: Shuangjian Co. Bond Abbreviation: Shuangjian Convertible Bond Announcement No.: 2026-013

Zhejiang Shuangjian Rubber Co., Ltd. Announcement on Applying for Comprehensive Credit Line from Banks

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

The Ninth Board of Directors of Zhejiang Shuangjian Rubber Co., Ltd. (hereinafter referred to as the "Company") passed the "Proposal on Applying for Comprehensive Credit Line from Banks" at its second meeting on April 1, 2026. The specific situation is announced as follows:

To meet the Company's production and operation needs and considering the Company's capital arrangements, the Company (including its controlled subsidiaries) plans to apply for a comprehensive credit line of no more than RMB 3.6 billion from non-related banks. This includes, but is not limited to, credit business such as working capital loans, non-working capital loans, acceptance bills, factoring, guarantees, letters of credit, bill discounting, and foreign exchange derivative products. The final credit line approved by the relevant banks shall prevail, and the specific financing amount will be determined based on the Company's actual operating conditions and needs. The credit line can be used cyclically within the credit period.

To improve work efficiency and ensure timely handling of business procedures, the Board of Directors proposes to authorize the Company's Chairman or their designated authorized representative to handle matters related to the comprehensive credit line and sign relevant legal documents. Concurrently, the Company (including its controlled subsidiaries) will apply for the relevant credit line from non-related banks.

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