Gifore(SZ:300022) Zheng Quan Zhi Xing·2025-08-13 08:10Core Viewpoint - The company, Jifeng Agricultural Technology Service Co., Ltd., has approved a proposal for its subsidiary to apply for a bank credit facility of up to 7 million RMB [1][2]. Group 1: Credit Facility Details - The subsidiary, Chengdu Jifeng Junong Agricultural Equipment Co., Ltd., intends to apply for a comprehensive credit facility from Bank of China Chengdu Qinyang Branch for a term of 1 year, with a limit not exceeding 7 million RMB [1]. - The credit facility will be guaranteed by Mr. Wang Huiwu and Chengdu Small and Medium Enterprises Financing Guarantee Co., Ltd. will also provide joint liability guarantee [1]. Group 2: Authorization and Usage - The board of directors has authorized the legal representative of the subsidiary or an authorized agent to handle all procedures related to the credit facility within the approved limit and to sign all relevant contracts and documents [2]. - The actual amount used from the credit facility will be determined based on the company's actual needs, subject to the bank's final approval [2].