China Reform Health seeks 200m yuan in bank credit facilities
China Reform Health Management And Services Group announced its intention to apply for a total comprehensive credit facility of 200,000,000 yuan from four major banks. The company plans to secure 50,000,000 yuan each from Industrial Bank Beijing Zhongguancun Branch, Everbright Bank Beijing Fucheng Road Branch, China Merchants Bank Beijing Branch, and Bohai Bank Beijing Branch. Each facility will have a term of one year, with specific withdrawal details, interest rates, and purposes to be determined by individual agreements.
This move aims to supplement the company's working capital for its daily production and operations, reflecting its commitment to prudent financial management and business growth. The company’s twelfth board of directors fourth meeting, held on October 14, 2025, approved this resolution, authorizing the general manager and their delegates to execute the relevant documents.
The board’s decision underscores the company’s proactive approach to ensuring sufficient financial resources without anticipating any adverse impact on its normal operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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