Jiayou International(SH:603871) Xin Lang Cai Jing·2026-02-10 19:00Core Viewpoint - The company plans to apply for a comprehensive credit facility of up to RMB 2.6 billion or equivalent foreign currency from various financial institutions to support its operational needs [1][2]. Group 1: Credit Facility Application - The company intends to apply for a total credit facility not exceeding RMB 2.6 billion, which can be used for various credit services including bank loans, bank acceptance bills, guarantees, letters of credit, and bill discounts [1]. - The credit facility will be available for a period of 12 months from the date of board approval and can be reused during this period [1][2]. - The actual financing amount will depend on the specific agreements made with the banks, and the board has authorized the chairman or designated agents to handle related procedures [1][2]. Group 2: Board Meeting Details - The fourth board meeting was held on February 10, 2026, with all seven directors present, and the meeting complied with relevant laws and regulations [4]. - The board unanimously approved the proposal to apply for the comprehensive credit facility, with all votes in favor [7][8]. Group 3: Use of Idle Funds for Cash Management - The company has also approved the use of idle self-owned funds for cash management, with an investment limit of up to RMB 1.3 billion or equivalent foreign currency [11][15]. - The investment aims to enhance the efficiency of fund usage without affecting daily operations and ensuring fund safety [14][19]. - The authorized period for this cash management initiative is also set for 12 months from the board's approval [12][17].