Shenma power: it plans to apply to financial institutions for comprehensive credit of no more than 300 million yuan
Shenma power announced that in order to meet the needs of the company's daily operation and future business development, expand financing channels and improve operation capacity, the board of directors of the company agreed that the company would apply to financial institutions for comprehensive credit business, with a total credit line of no more than RMB 300 million. The types of credit include but are not limited to working capital loan, project capital loan, bank acceptance bill, commercial acceptance bill Discount, letter of guarantee, letter of credit, mortgage (pledge) loan and other financing businesses.
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