Intends to apply to the bank for credit and asset mortgage announcement

release time:

2024-03-23 11:19

AnnouncementNumber: 2024-012

Stock code: 832316                      Securities abbreviation: Tim Zheng Biotech                 Host brokerage: Shenwan Hongyuan underwriting sponsor

 

Jilin Tianzheng Biotechnology Co., Ltd

Intends to apply to the bank for credit and asset mortgage announcement

 

The Company and all members of the Board of Directors warrant that the content of the announcement is true, accurate and complete, and there are no false records, misleading statements or material omissions, and assume individual and joint legal responsibility for the authenticity, accuracy and completeness of its content.

 

1. Overview of asset mortgage
Due to the business development needs of the company, we plan to apply for a loan with Jilin Bank Co., LTD. Jilin Sichuan Road Branch, the amount is not more than 60 million yuan, and the term of the fund is one year. The company is located in No. 167 Changbaishan Street, Hebei Street, Jiahe City, its own real estate office building, boiler room, guard room, production workshop, raw material warehouse, sewage treatment station, research and development complex building and land use right as collateral, while the company's controlling shareholder and actual controller CAI Tiyuan provides joint liability guarantee. The specific amount, interest and term of the above-mentioned loans shall be subject to the loan contract officially signed by the Company and the bank.

 

2.The necessity of mortgage
The above loans are used to supplement the working capital of the Company and are required for the normal operation and business development of the company.


3. Review by the Board of Directors
On March 22, 2024, the company held the fourth meeting of the fourth session of the Board of Directors, and reviewed and passed the motion on the proposed borrowing financing of Jilin Tianzheng Biotechnology Co., LTD.
Voting result: Agreed by 5 votes; Zero votes against; There were zero abstentions.
Submission to the General Meeting of Shareholders: This motion does not need to be submitted to the general meeting for consideration

 

4. File directory for reference
Resolution of the Fourth Meeting of the Fourth Board of Directors of Jilin Tianzheng Biotechnology Co., LTD.

 

 

Jilin Tianzheng Biotechnology Co., LTD
Board of directors

March 22, 2024