Summary by Futu AI
SHANDONG GOLD MINING CO., LTD. (THE “COMPANY”) HELD THE 59TH MEETING OF THE BOARD OF DIRECTORS ON 9 APRIL 2024 BY MEANS OF COMMUNICATION. THE RESOLUTION INCLUDES THE APPLICATION OF USD 3,000 MILLION FOR ITS WHOLLY OWNED SUBSIDIARY, SHANDONG GOLD MINING (HONG KONG) LIMITED, TO CHIAO BANK (HONG KONG) LIMITED One-year revolving loans provide guarantees and review specific reports on the use of funds through previous fundraising. The convening of the meeting and the resolution comply with the relevant legal and regulatory document requirements and are unanimously approved by all 8 directors, ensuring the legal validity of the resolution.