MINSHENG EDU (01569) has been granted up to 300 million yuan in revolving loans.
Minsheng Education (01569) announced that on December 19, 2025, the company (as the borrower) entered into a credit letter with Hang Seng Bank Limited (as the lender). According to the credit letter, Hang Seng Bank agrees to provide the company with a revolving loan of up to RMB 300 million or the equivalent in Hong Kong dollars and US dollars. The final repayment date of the loan borrowed by the company under the credit letter shall not exceed 3 years from the date of each drawdown.
MINSHENG EDU (01569) announced that on December 19, 2025, the company (as the borrower) entered into a credit letter with Hang Seng Bank Limited (as the lender). According to the credit letter, Hang Seng Bank agreed to provide the company with a revolving loan of up to RMB 300 million or the equivalent in Hong Kong dollars and US dollars. The company must repay the loan borrowed under the credit letter no later than 3 years from the date of each drawdown.
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