Sailhero Environmental Protection announced that the company and its subsidiaries plan to apply for additional comprehensive credit lines of up to 4.5 billion yuan from banks and other financial institutions, on top of existing credit facilities. After the adjustment, the total application ceiling will rise to 6 billion yuan. Previously, on April 23, 2026, the company approved total credit lines of no more than 1.5 billion yuan. This new increase is intended to meet the funding needs of production, operations, and business development. After the addition, the total comprehensive credit lines will not exceed 6 billion yuan, covering types such as working capital loans, fixed asset loans, project loans, merger and acquisition loans, acceptance bills, bill discounts, letters of credit, factoring, and guarantees. The credit lines can be used on a revolving basis and may be reallocated among financial institutions within the overall limit, with the final amounts subject to the actual approval of each institution. The company stated that the additional credit lines do not equate to actual financing amounts. Actual financing will be based on the amounts actually incurred with financial institutions within the approved limits, and this increase in credit will not adversely affect the company's daily operations, aligning with the interests of the company and its shareholders.
Hebei Sailhero EnvironmentalCompany plans to increase credit lines up to 6 billion yuan for funding needs, but actual financing is uncertain and not yet drawn.