SDHP(SH:603021) Shang Hai Zheng Quan Bao·2025-07-31 19:28Overview - The company, Shandong Huapeng Glass Co., Ltd., plans to apply for a comprehensive credit facility of up to 700 million yuan from financial institutions, including Weihai Bank, to support its operational needs [1][2] Financing Details - The company intends to pledge certain assets, including 100% equity of Huapeng Glass (Heze) Co., Ltd., and properties from its subsidiaries, to secure funding [2][11] - The total guarantee amount for the financing is set at 160 million yuan, with the financing projects covering various types of loans and financial services [2][11] Company Background - Shandong Huapeng Glass Co., Ltd. was established on December 29, 2001, with a registered capital of 319,948,070 yuan [3] - The company specializes in the production and sales of daily glass products and has the right to engage in import and export activities [3] Guarantee Agreement - The guarantee agreements involve multiple subsidiaries, including Anqing Huapeng Changjiang Glass Co., Ltd. and Gansu Shidao Glass Co., Ltd., with guarantees structured as both guarantees and pledges of real estate and equipment [4][5][6] Internal Decision-Making Process - The company's board of directors approved the financing proposal during a meeting held on July 30, 2025, with unanimous support from all attending directors [6][10] Impact on the Company - The financing is expected to align with the company's operational needs and enhance its ability to manage funds effectively, without adversely affecting its business operations [7]