002778SZSE

Announcement on the Company's Application for Comprehensive Credit from Banks

✨ AI Summary

Jiangsu Zhongsheng Environmental Protection Co., Ltd. plans to apply for a comprehensive credit line of up to 700 million yuan from banks. This credit facility, valid for 12 months, will support the company's operational development and include services like loans and guarantees. The board of directors has authorized the chairman to handle the application process. This move aims to secure necessary financial resources for the company's growth.

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Full Translation

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Jiangsu Zhongsheng Environmental Protection Co., Ltd. (hereinafter referred to as "the Company") convened the 25th meeting of the ninth board of directors on April 27, 2026, and approved the proposal regarding the Company's application for comprehensive credit from banks.

I. Application for Comprehensive Credit

To support the Company's operational development, the Company (including its subsidiaries) plans to apply for a total credit line not exceeding 700 million yuan from banks. This credit will include various financial services such as loans, guarantees, and other related services. The credit period is expected to be 12 months, starting from the approval date. The Company will provide relevant information to the banks as required.

II. Document Signing Authority

To enhance efficiency, the board of directors authorizes the chairman or the authorized representative to handle matters related to the application for comprehensive credit, in accordance with relevant legal documents.

III. Reference Documents

  1. The minutes of the 25th meeting of the ninth board of directors.

This announcement is hereby made.

Jiangsu Zhongsheng Environmental Protection Co., Ltd. Board of Directors
April 27, 2026

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