Suzhou Xianglou New Materials Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the fourth board of directors on April 22, 2026, and approved the proposal regarding the application for a credit limit from banks for 2026. This proposal is subject to review by the Company's 2025 annual shareholders' meeting. The relevant details are announced as follows:
301160SZSE
Announcement on the Company's Application for Credit Limit from Banks for 2026
✨ AI Summary
Suzhou Xianglou New Materials Co., Ltd. plans to apply for a credit limit of up to RMB 1.8 billion from banks to meet operational funding needs. The proposal was approved by the board and will be submitted to the 2025 annual shareholders' meeting for review. The authorization period for the credit limit is 12 months from the approval date.
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