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    Announcement Of Interim Meeting Of The Sixth Board Of Directors Of Jingwei Textile Machinery

    2010/12/29 14:12:00 62

    Announcement Of The Sixth Session Of The Board Of Directors Of Jingwei Textile Machinery

    All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.


    Jingwei Textile Machinery Limited by Share Ltd (hereinafter referred to as "our company") was held on the morning of December 28, 2010 in the conference room of the first floor of the first floor of the Shanghai [1.15 2.68%] center, 39, Liang Ma Qiao Road, Chaoyang District, Beijing, on the morning of December 28, 2010.

    The sixth session of the board of directors

    The meeting was chaired by Chairman Ye Maoxin.

    The meeting should be attended by 8 directors, 8 directors, supervisors and senior managers attended by the company in accordance with the company law and the provisions of the articles of association.

    After full discussion, the meeting examined and unanimously adopted the following resolution:


    1. We agree to apply for an integrated credit line of RMB 300 million yuan to the new source branch of [3.91 0.00%], China Everbright Bank, Beijing, for a period of 1 years.


    (outcome of the vote: 8 votes, 0 votes against, 0 abstentions)


    Two, the company agrees to apply for an integrated credit line of RMB 500 million yuan to the [12.83 -1.31%] Beijing Jianguo Road sub branch, which is authorized to be used by 2 subsidiaries for a period of 2 years.

    At the same time, in April 29, 2010, the fifth session of the board of directors resolution of RMB 300 million yuan credit amount under the line did not settle the business included in the new credit limit.


    (result of the vote: 8 votes in favour, 0 votes against, 0 abstentions).


    Notice hereby


      

    Jingwei Textile Machinery Limited by Share Ltd


    Board of directors


    December 28, 2010

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