BEZ(SH:600658) Zheng Quan Zhi Xing·2025-05-29 08:19Core Viewpoint - The company Beijing Electronic City High-Tech Group Co., Ltd. has approved a proposal for its subsidiary, Zhiyu Zhili Technology Co., Ltd., to apply for a comprehensive credit facility from a bank, not exceeding 200 million RMB, for a term of up to three years [1][2]. Group 1 - The board meeting was held on May 29, 2025, with all seven directors present, and the proposal was unanimously approved [1]. - The comprehensive credit facility is intended to support Zhiyu Zhili's operational funding needs and will be used for various purposes, including working capital loans and bank guarantees [2]. - The financing will be secured through a credit guarantee without collateral, and the actual amount drawn will depend on the operational needs within the approved credit limit [2].