上海凤凰: 上海凤凰关于控股子公司终止授信及质押担保的公告

Group 1 - The company held its 10th board meeting on April 25, 2024, and approved a proposal for its wholly-owned subsidiary, Shanghai He Ye Industrial Co., Ltd., to apply for a comprehensive credit line of 70 million yuan from Industrial and Commercial Bank of China, with real estate as collateral [1] - The company also approved its subsidiary, Shanghai He Yu Industrial Co., Ltd., to apply for a credit line from Shanghai Bank, with details disclosed in a previous announcement [1] - On April 28, 2025, the company held its 11th board meeting and approved a financial assistance proposal to provide loans to He Ye Industrial, with a maturity date not exceeding December 31, 2039 [2] Group 2 - Recently, He Ye Industrial repaid 54 million yuan of loans to Industrial and Commercial Bank of China, and He Yu Industrial repaid 55.5 million yuan to Shanghai Bank, settling the previous credit matters and releasing the real estate collateral [2]