YUEXIUTRANSPORT (01052) obtains a revolving loan financing of 450 million RMB.
Yuexiu Transportation Infrastructure Limited (01052) announced that on January 23, 2026, the company (as borrower) entered into a financing agreement with a bank (lender), whereby the lender will provide a RMB 450 million revolving loan financing. The loan term shall be 364 days from the date of the financing agreement, subject to the terms and conditions of the financing agreement.
YUEXIU TRANSPORT (01052) announced that on January 23, 2026, the company (as the borrower) entered into a financing agreement with a bank (the lender), under which the lender will provide a RMB 450 million revolving loan financing. The loan period is 364 days from the date of the financing agreement, subject to the terms and conditions of the agreement.
According to the financing agreement, if the company's controlling shareholder, Yuexiu Enterprises (Group) Limited, no longer maintains its position as the single largest beneficial shareholder of the company, or holds direct or indirect interests of no less than 30% of the voting shares issued by the company, or exercises management control over the company, it will constitute a default event. In the event of such a default, the lender may declare all debts under the financing agreement to be immediately due and payable. As of the date of this announcement, Yuexiu Enterprises beneficially owns approximately 44.2% of the company's issued shares.
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