Doli Technology: Announcement on the Company's and Subsidiaries' Application for Comprehensive Credit Lines from Banks and Other Institutions in 2026 and Acceptance of Related Party Guarantees

NightAirdropper · 2026-03-01T00:09:00+00:00

Doli Technology announced on February 26, 2026, that the board of directors approved an application to the bank for a comprehensive credit line of no more than 20 billion yuan, and accepted joint liability guarantees from the actual controller Cao Dalong and his concerted parties, with no guarantee fees charged.

NightAirdropper

2026-03-01 00:09:00

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Securities Daily News reported that on February 26, Doli Technology announced that the company’s third board of directors’ second meeting approved the proposal regarding the company’s and its subsidiaries’ application for comprehensive credit lines from banks and other institutions in 2026, as well as accepting related-party guarantees. The board agreed to submit to the shareholders’ meeting for approval the application for a total comprehensive credit limit of no more than RMB 2 billion for the company and its subsidiaries from banks and other institutions in 2026. For the company’s and subsidiaries’ comprehensive credit business with banks and other institutions, including the total credit limit of RMB 2 billion approved this time, Mr. Cao Dalong, the company’s actual controller, or his concerted parties, will provide joint liability guarantees based on actual business needs. The company’s actual controller and his concerted parties will not charge any guarantee fees for the guarantees provided to the company and its subsidiaries, nor will the company need to provide counter-guarantees.

(Edited by Ren Shibi)

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