Harmontronics Automation(SH:688022) Sou Hu Cai Jing·2025-05-31 09:04Core Viewpoint - Suzhou Hanchuan Intelligent Technology Co., Ltd. is actively seeking financial solutions to address its overdue debts and enhance its liquidity through various financing methods, including comprehensive credit lines and hedging activities [1][2][3]. Group 1: Financial Announcements - The company plans to apply for a comprehensive credit line not exceeding RMB 2.1 billion from financial institutions to manage its financial obligations [1]. - As of April 28, 2025, the company's overdue bank debts totaled RMB 157.83 million, representing 24.25% of its latest audited net assets and 86.68% of its cash [1]. - The company intends to conduct foreign exchange hedging activities with a limit of RMB 120 million or equivalent foreign currency, using its own funds [2]. Group 2: Collateral Financing - The company aims to secure collateral financing of up to RMB 1.171 billion using its real estate assets [2]. - Specific financing includes an application to Agricultural Bank of China for up to RMB 200 million, with a portion of RMB 31.17 million secured against real estate owned by a subsidiary [2]. - Additionally, the company plans to apply for RMB 1.13996 billion in collateral financing from 11 banks, with a financing term extending to January 1, 2032 [2]. Group 3: Upcoming Shareholder Meeting - The company will hold its third extraordinary general meeting on June 6, 2025, to discuss the appointment of a new non-independent director following the resignation of a current board member [3][4]. - The meeting will utilize both on-site and online voting methods for decision-making [3].