Changhong Meiling announced that the 37th meeting of the 11th board of directors of the company reviewed and passed a bill to apply for credit lines from banks. It is intended to apply for credit lines totaling RMB 5,567 billion and 0.78 US dollars from various banks such as the Agricultural Bank of China Hefei Branch and the Hefei Branch of China Minsheng Bank. The credit period is 1 year. The credit types include working capital loans, bank acceptance notes, trade finance, etc. In the end, the actual credit limit is based on the actual amount approved by the bank. The board of directors authorized the management to handle the above credit granting matters and sign relevant legal documents.
Zhitongcaijing · 2d ago
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Changhong Meiling announced that the 37th meeting of the 11th board of directors of the company reviewed and passed a bill to apply for credit lines from banks. It is intended to apply for credit lines totaling RMB 5,567 billion and 0.78 US dollars from various banks such as the Agricultural Bank of China Hefei Branch and the Hefei Branch of China Minsheng Bank. The credit period is 1 year. The credit types include working capital loans, bank acceptance notes, trade finance, etc. In the end, the actual credit limit is based on the actual amount approved by the bank. The board of directors authorized the management to handle the above credit granting matters and sign relevant legal documents.
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