Bai Sheng Intelligent: Intends to apply for a comprehensive credit limit of no more than 500 million yuan from banks.

date
07/11/2025
Baisheng Intelligent announced that the company held the fourth meeting of the fourth board of directors on November 6, 2025, and approved the proposal to apply for a bank comprehensive credit limit of up to 500 million yuan from five banks including China Merchants Bank Nanchang Qingshanhu Branch. The comprehensive credit includes loans, trade financing, etc., with the credit method being revolving loans, a term of 36 months, and the limit can be used repeatedly. The specific credit amount is subject to the contract signed with the bank. The board authorized the chairman to handle relevant procedures and sign documents, with the authorization valid for 36 months. This transaction does not involve related party transactions or major asset restructuring and does not require approval from the shareholders' meeting.