Muyuan Co., Ltd.: the total financing amount of the proposed financial leasing business in 2022 shall not exceed 3 billion yuan
Financial Associated Press, Dec. 6 - muyuan announced that in order to optimize the financing structure, broaden financing channels and meet capital needs, the company and its holding subsidiaries plan to carry out financial leasing business for financing in 2022, and apply for financing from non affiliated financial leasing (including financial leasing) companies or banks in the form of after-sales leaseback, with a total financing amount of no more than RMB 3 billion, The term of each financing shall not exceed 8 years (including 8 years), and Mr. Cao Zhinian, vice chairman and executive vice president, or his designated authorized agent shall be authorized to organize the implementation and sign relevant agreements within the above limit. The validity period of this financial lease is from January 1, 2022 to December 31, 2022.
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