BSU: Plans to apply for a credit line of 2.76 billion yuan and dispose of idle unit assets

BSU announced that the company's seventh board of directors held its thirty-sixth meeting and approved two proposals. The first is to apply to various banks for an open credit limit of no more than 2.76 billion yuan for daily production and operation, project investment, etc., with a variety of financing products. The second is to activate idle assets by disposing of assets related to oxygen production and air compressor units, with an original asset value of 242.8983 million yuan and a net value of 8.7219 million yuan. The selling price will be based on the assessment and will be auctioned at the Inner Mongolia Property Rights Trading Center. The voting results for both proposals were 11 votes in favor, 0 abstentions, and 0 against