Huitai Medical (688617.SH) Proposes to Use Partial Proceeds from IPO to Provide Interest-Free Loans to Subsidiary for Implementation of Fund-Raising Projects
APT Medical
Cardiac Electrophysiology and Interventional Medical Device R&D Manufacturer
APT Medical
Minimally Invasive Cardiovascular and Cerebrovascular Interventional Device R&D, Manufacturer, and Distributor
Gelonghui, January 18 |APT Medical(688617.SH) announced,Company2021Year1Month18held on [date] the first meeting of the 1st Board of DirectorsNineSession, First Session of the Supervisory BoardSevenat this meeting, reviewed and approvedPast the "Regarding the Company's Use of a Portion of the Raised Funds to Its Wholly-Owned SubsidiaryAPT Medical Inc. provides loans for implementationof the fundraising investment projectsProposal》AgreedThe CompanyInitial Public Offering and Listing onSTAR MarketListedA portion of the funds raised to be directed to the wholly-owned subsidiary HuAPT Medical Inc. (“Hunan APT”) provides a total amount not exceeding3676110,000 yuan (inclusive3676110,000 yuan) interest-free loan for the implementation of the "Industrialization and Upgrading Project for Vascular Interventional Medical Devices"items”, providing a total amount not exceeding3386910,000 yuan (inclusive)3386910,000 yuan) interest-free loan for the implementation of “vascular"Interventional Medical Device R&D Project."Loan term: from the date of actual borrowing3Year。