Welcome to the website of Dalian BingShan Group Co., Ltd.!

搜索历史清除全部记录

最多显示8条历史搜索记录噢~

All

All
Product Management
News and Information
Introduction Content
Enterprise outlets
Frequently Asked Questions
Corporate Video
Corporate Brochure

Iceberg Cold & Heat Technology Co., Ltd.

Iceberg Hot and Cold

Harmonious Iceberg, Soaring Dreams

Iceberg Hot and Cold

News Center

NEWS CENTER

8. Report on Authorizing the Company’s Management to Apply for Bank Credit Lines and Loan Limits

Document No. 8 of the 2010 Annual General Meeting

Regarding the Authorization of the Company’s Management

Report on Application for Bank Credit Line and Loan Limit

Dear Shareholders:

To ensure the Company’s normal production and operational needs, enhance the efficiency of capital utilization, strengthen the Company’s creditworthiness, reduce the costs associated with banking relationships, and facilitate more convenient access to bank credit and loans, the Board of Directors proposes to authorize Chairman Zhang He and Chief Financial Officer Xu Junrao to assume full responsibility for the Company’s 2011 bank credit and loan activities, within the limits of a total bank credit facility not exceeding RMB 500 million and total loan commitments not exceeding RMB 200 million.

The above report is submitted for your review.

May 12, 2011