YUEXIU PROPERTY (00123) subsidiary Hongjing obtained a 500 million yuan fixed-term loan financing from a bank.

date
17/07/2025
avatar
GMT Eight
Yuexiu Property (00123) announced that on July 17, 2025, Hongjing Limited (as the borrower) entered into a...
YUEXIU PROPERTY (00123) announced that on July 17, 2025, Hongjing Limited (as the borrower) entered into a financing agreement with a bank (the lender), whereby the lender provided a 500 million RMB (or equivalent in HKD) term loan financing under the terms and conditions of the financing agreement, with a loan term of 364 days from the date of the financing agreement. Hongjing is a wholly-owned subsidiary of the company, and its obligations under the financing agreement are guaranteed by the company.