According to the operation condition and capital utilization arrangement of the company, to ensure sufficient cash flow, CTS International Logistics Corporation plans to apply for a total comprehensive credit limit of RMB 500 million from Bank of Ningbo Shanghai Branch, and a total comprehensive credit limit of RMB 500 million from Industrial Bank Shanghai Branch. The credit limit usage includes but is not limited to: loans for working capital, letters of credit, guarantees, bank acceptance bills, easy-to-pass loans and other credit varieties. The credit term is three years.
华贸物流：拟向宁波银行、兴业银行申请总计10亿元授信额度
CTS International Logistics Corporation: plans to apply for a total credit line of 1 billion yuan from Bank of Ningbo and Industrial Bank.
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