Jin Yu Che Cheng (000803): Extension Of Company Loan Application

 Securities code: 000803 securities short: Jinyu car city announcement number: 2019-135 Sichuan Jinyu Motor City (Group) Limited by Share Ltd announcement on the extension of company loan application. All members of the company and the board of Directors ensure that the contents of this announcement are true, accurate and complete, without false records, misleading statements or major omissions. First, the basic situation of the loan extension. In December 7, 2018, Sichuan Jinyu Motor City (Group) Limited by Share Ltd (hereinafter referred to as "company" or "parent company") applied for 200 million yuan loan to Minsheng Bank Chengdu branch of Limited by Share Ltd. The loan period is one year, and the company shareholder Beijing North control PV Technology Development Co., Ltd. guarantees free deposit certificate. The balance of the current loan is 150 million yuan and will soon expire. The company intends to apply for a loan extension to the China Minsheng Banking Corp Chengdu branch (the original loan contract number: the loan contract for the loan of working capital, which is numbered as the word "ZH1800000143997", the pledge contract "ZH1800000143997" and the unit loan certificate No. 9918000000086712), with a sum of 150 million yuan and a 1 year extension period. This exhibition has been examined and approved by the fourth meeting of the tenth board of directors of the company. The board of directors authorized the chairman and the authorized officers to sign relevant documents on behalf of the company when handling the above loan extension. The extension of the loan has not exceeded the amount of financing that no more than 500 million yuan has been stipulated in the motion of applying for credit limits to banks and other institutions in August 26, 2019 at the forty-fifth meeting of the ninth board of directors in August 26, 2019 and the third provisional shareholders' meeting. According to the regulations of the Shenzhen Stock Exchange listing, the articles of association and the relevant laws and regulations, this motion does not need to be submitted to the shareholders' general meeting for further consideration. Two, the effect of loan extension on the company, this loan extension will help to alleviate the company's short-term financial pressure, control debt risk, and is conducive to the sustainable development of the company. Three, the documents for reference 1, the tenth meeting of the fourth meeting of the board of Directors hereby announce. Sichuan Jinyu Motor City (Group) Limited by Share Ltd board November 29th two 19