Xinzhu Road & Bridge board approves subsidiary credit lines

Chengdu Xinzhu Road & Bridge Machinery (SZSE: 002480) announced the resolutions from its eighth board's 24th meeting, held via communication on February 14, 2025. The board unanimously approved proposals for credit line applications from subsidiaries Xinzhu Jiaoke to Chengdu Bank, and Sheng Tian New Energy to both Construction Bank and Postal Savings Bank. These subsidiary credit approvals are still subject to shareholder approval. Furthermore, the board approved a motion to convene a second extraordinary general meeting of shareholders in 2025. Detailed information on the credit lines and shareholder meeting will be disclosed separately in major financial publications and on the Juchao Information website.