GXSH(SZ:000716) Shang Hai Zheng Quan Bao·2026-01-26 19:56Core Viewpoint - The company, Southern Black Sesame Group Co., Ltd., has approved a proposal to apply for a short-term working capital loan of up to RMB 110 million from the Industrial and Commercial Bank of China, with a one-year term [1][6]. Group 1: Meeting Details - The company's 11th Board of Directors held its first temporary meeting on January 26, 2026, with all 9 directors present [1][2]. - The meeting was conducted in accordance with the Company Law of the People's Republic of China and the company's articles of association [1]. Group 2: Loan Application - The board approved the proposal to apply for a working capital loan to support business operations, with the loan amount not exceeding RMB 110 million [6][7]. - The loan will be secured by the company's own assets or third-party assets as required by the bank [6]. Group 3: Financial Impact - The proposed loan amount represents 4.29% of the company's most recent audited net assets for the fiscal year 2024 [7]. - The loan is expected to facilitate business operations and promote sustainable development, aligning with the interests of the company and its shareholders [8]. Group 4: Authorization and Reporting - The board has authorized the chairman to determine the specific loan amount and timing within the approved limit and to sign relevant loan documents with the bank [6][10].