Zhi Long Holdings (08493.HK): Enforcement sale has discharged most of the Group's repayment obligations under the PIL Loan and the GP Loan

Zhitong Finance APP News, Zhilong Holdings (08493.HK) announced that, as disclosed in the 2025 annual report, the Group's total bank and other borrowings as at December 31, 2025 amounted to approximately HK$84.2 million, including approximately HK$15.9 million, being the outstanding amount owed by Quanfengshou to Hang Seng Bank Limited under a property instalment loan (PIL Loan) granted by Hang Seng Bank, which PIL Loan is secured by a charge in favour of Hang Seng Bank over the property held by Quanfengshou at House 2, Moritz Avenue, Phase 2, Valais, 33 Kwu Tung Road, Sheung Shui, New Territories (the Property); and approximately HK$10.3 million, being the outstanding amount owed by Jinyi to Hang Seng Bank under certain loan facilities (GP Loan) granted by Hang Seng Bank, which GP Loan is also secured by a charge in favour of Hang Seng Bank over the Property.