002583SZSE

Announcement on the Company's Application for Credit Limits from Banks and Non-Banking Financial Institutions for 2026

✨ AI Summary

The company approved a proposal to apply for a total credit limit of up to RMB 3.7 billion from 17 banks and non-banking financial institutions for 2026. This decision aims to ensure continuity in credit and support business expansion. The chairman is authorized to sign all related documents, pending shareholder approval.

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Full Translation

AI Translation· azure_openai

Securities Code: 002583
Securities Abbreviation: Hainengda
Announcement Number: 2026-016

Hainengda Communication Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On April 7, 2026, the Company held the third meeting of the sixth Board of Directors, which reviewed and approved the proposal on the Company's application for credit limits from banks and non-banking financial institutions for 2026. The Company and its subsidiaries are authorized to apply for a total credit limit not exceeding RMB 3.7 billion or its equivalent in foreign currency from the Export-Import Bank of China and 16 other banks and non-banking financial institutions. Mr. Chen Qingzhou, the chairman, is authorized to represent the Company in signing all credit documents within the approved limits. This matter is subject to approval by the Company's shareholders' meeting. The relevant information is announced as follows:

1. Background of the New Credit Application

The credit limits previously approved for application to banks and non-banking financial institutions are gradually expiring. To ensure the continuity of the Company's credit and better support business expansion, the Company and its subsidiaries plan to apply for a total credit limit not exceeding RMB 3.7 billion or its equivalent in foreign currency from banks and non-banking financial institutions.

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