挖贝网·2024-04-18 11:56Core Viewpoint - The company, Hengda Packaging, has approved a proposal to apply for a credit limit and receive guarantees from its controlling shareholder, which will support its business development and address funding needs [1] Group 1: Credit Application and Guarantees - The company plans to apply for a comprehensive credit or financing limit not exceeding RMB 60 million from various financial institutions [1] - The controlling shareholder, Zhenjiang State-owned Investment Holding Group Co., Ltd., will provide guarantees for financing up to RMB 32 million [1] - The validity period for the credit application and guarantees is one year from the date of approval by the shareholders' meeting [1] Group 2: Purpose and Impact - The purpose of the credit application is to meet the normal operational and business development needs of the company [1] - The arrangement is expected to improve the company's financial condition and facilitate daily business operations without harming the interests of the company or other shareholders [1] - The transaction does not affect the company's independence [1] Group 3: Company Background - Hengda Packaging has over 20 years of experience in the plastic packaging manufacturing industry, focusing on the production of rubber and plastic products [1] - The company has strong expertise in blow molding and injection molding processes, supported by a team of core R&D personnel [1]