The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 301279
Securities Abbreviation: Jindao Technology
Announcement Number: 2026-024
Announcement on Applying for Comprehensive Credit Facilities and Providing Guarantees for Wholly-Owned Subsidiary in 2026
Zhejiang Jindao Technology Co., Ltd. (hereinafter referred to as "the Company") held the tenth meeting of the third board of directors on March 28, 2026, and approved the proposal on applying for comprehensive credit facilities from banks and providing guarantees for its wholly-owned subsidiary. This proposal does not require submission to the shareholders' meeting for review. The relevant details are announced as follows:
1. Overview of Credit and Guarantee
To meet the operational development needs of the Company and its subsidiaries, expand financing channels, and enhance operational capabilities, the Company (including wholly-owned subsidiaries) plans to apply for a total comprehensive credit facility from various banks not exceeding RMB 600 million or its equivalent in foreign currency (the specific credit amount and term will be subject to actual approval by each bank). The validity period of the credit facility is one year from the date of approval by the tenth meeting of the third board of directors, and the credit amount can be reused within the validity period. This credit facility does not equate to the Company's financing amount, which will be determined based on actual operational funding needs. The types of credit business include but are not limited to working capital loans, project loans, bank acceptance bills, guarantees, factoring, issuing letters of credit, discounting, trade financing, bill discounting, and financing leasing, executed according to the final agreements with each bank.