360 (02360.HK) has entered into a subsidiary credit agreement for 65 million yuan.

Zhijian Finance and Economics APP News, Youpin 360 (02360.HK) announced that on November 12, 2025, its wholly-owned subsidiary Caiou International Limited (as the borrower) entered into a credit agreement with a bank (as the lender) for a credit of 65 million RMB. According to the credit agreement, the lender has agreed to provide the borrower with various bank financing (loan financing), which may include term loans and/or revolving credit financing, subject to approval by the lender. The loan financing will be available for withdrawal for a period of 24 months from the date of the credit agreement. The funds obtained from the loan financing will be used by the borrower to support its working capital management and expenses related to its business operations.