LEE & MAN PAPER (02314) subsidiary obtains RMB 1.5 billion fixed asset loan, with the company providing joint liability guarantee.

13:01 25/03/2026

Lee & Man Paper Manufacturing Limited (02314) announced that on February 10, 2026, the Company's indirect wholly-owned subsidiary, Guilin Lee & Man Paper Industry Co., Ltd., as borrower, has entered into a fixed asset loan agreement with China Industrial and Commercial Bank Limited Guilin Branch (lender) for a loan amount of 1.5 billion RMB.

LEE & MAN PAPER (02314) announced that on February 10, 2026, a fixed asset loan contract in the amount of RMB 1.5 billion was signed between its indirect wholly-owned subsidiary, Guilin Lee & Man Paper Co., Ltd. (the borrower), and Industrial and Commercial Bank of China Limited, Guilin Branch (the lender). In accordance with the loan agreement, the Company has agreed to provide a joint and several guarantee to the lender as a guarantor, to guarantee the payment obligations of the subsidiary under the loan agreement, including the principal amount not exceeding RMB 1.5 billion.

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HK Stock Market Move | HUABAO INTL (00336) surged more than 11% in the afternoon. Institutions pointed out that exploding beads and HNB films overseas orders are expected to quickly increase.

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