Cambrian: Plans to Apply to Banks for a Comprehensive Credit Line of No More Than 12 Billion Yuan
18 hour ago / Read about 0 minute
Author:小编   

On May 22, Cambrian announced that to meet the capital needs for daily operations and business development, the company and its wholly-owned and controlled subsidiaries plan to apply to banks for a comprehensive credit line of no more than 12 billion yuan. The credit facilities include working capital loans, bank acceptance bills, various types of guarantees, etc., with a validity period of 36 months and the credit line can be used cyclically.