1. Overview of Credit Approval
Guangzhou Jinyu Media Co., Ltd. (hereinafter referred to as "the Company") has received approval from the 5th Board of Directors meeting held on April 10, 2026, regarding the application for a comprehensive credit limit from banks. The company intends to apply for a comprehensive credit limit of 18 million RMB, which is valid until the end of 2025.
| Serial No. | Applicant Entity | Currency | Credit Limit | Duration |
|---|---|---|---|---|
| 1 | Guangzhou Jinyu Media Co., Ltd. | RMB | 18 | 1 year |
| Total | 18 | - |
The company will select banks based on the conditions of the credit limit and the benefits to the company. The credit limit can be adjusted according to business needs. The specific credit terms and conditions will be negotiated with the selected banks.
2. Impact on the Company
With the continuous optimization of business structure and management, the company aims to ensure stable cash flow and meet the needs of business development.
3. Authorization of Business Operations
After the above credit limit is approved, the company's board of directors authorizes the representative or designated representative to handle matters related to the credit limit on behalf of the company, including signing relevant documents and ensuring compliance with legal requirements.