Jiuqiang Biotech announced that the 26th meeting of the 5th board of directors of the company reviewed and passed the relevant bill to apply for a comprehensive credit line totaling no more than 110 million yuan from the Beijing Asian Games Village Branch of Industrial and Commercial Bank of China Co., Ltd., with a period of 1 year. The business type includes working capital loans, etc., mainly for daily capital turnover, and the amount can be recycled during the credit period. The credit limit is not equal to the actual loan amount. In the end, the actual amount approved by the bank shall prevail, and the actual signing of the contract shall prevail for specific matters. The board of directors authorized the legal representative, Zou Zuojun, to handle relevant applications and sign legal documents. There is no need to submit this matter to the shareholders' meeting for consideration.

Zhitongcaijing · 3d ago
Jiuqiang Biotech announced that the 26th meeting of the 5th board of directors of the company reviewed and passed the relevant bill to apply for a comprehensive credit line totaling no more than 110 million yuan from the Beijing Asian Games Village Branch of Industrial and Commercial Bank of China Co., Ltd., with a period of 1 year. The business type includes working capital loans, etc., mainly for daily capital turnover, and the amount can be recycled during the credit period. The credit limit is not equal to the actual loan amount. In the end, the actual amount approved by the bank shall prevail, and the actual signing of the contract shall prevail for specific matters. The board of directors authorized the legal representative, Zou Zuojun, to handle relevant applications and sign legal documents. There is no need to submit this matter to the shareholders' meeting for consideration.