Hengtong Optic-Electric (600487.SH)'s controlling shareholder receives a commitment letter for a special loan to increase its shareholding.
Hengtong Optic-Electric (600487.SH) announced that the company recently received notice from its controlling shareholder Hengtong Group Co., Ltd. ("Hengtong Group") that Hengtong Group has received a Loan Commitment Letter issued by China Construction Bank Corporation Suzhou Yangtze River Delta Integration Demonstration Zone Branch ("CCB Suzhou Yangtze River Delta Integration Demonstration Zone Branch"). CCB Suzhou Yangtze River Delta Integration Demonstration Zone Branch has committed to providing Hengtong Group with a special loan for increasing shareholding in an amount not exceeding RMB540 million, with a loan term of no more than 3 years.
Hengtong Optic-Electric (600487.SH) announced that the company recently received notice from its controlling shareholder Hengtong Group Co., Ltd. ("Hengtong Group") that Hengtong Group has received a Loan Commitment Letter issued by the Suzhou Yangtze River Delta Integration Demonstration Zone Branch of China Construction Bank Corporation ("China Construction Bank Corporation Suzhou Yangtze River Delta Integration Demonstration Zone Branch"). The China Construction Bank Corporation Suzhou Yangtze River Delta Integration Demonstration Zone Branch has committed to providing Hengtong Group with a special loan for increasing its shareholding in an amount not exceeding RMB540 million, with a loan term of no more than 3 years.
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