*ST Huaxi: Approved for a RMB 1.015 billion long-term loan from Zigong Bank.

date
12/10/2026
*ST Huaxi announced that the long-term loan of RMB 1.015 billion with a term of 120 months applied for by the company from Zigong Bank has been approved, with a loan interest rate of 3.00%. The loan funds were received on October 9, 2026, and the corresponding matured borrowings from financial institutions have been fully repaid. This loan is guaranteed by the company's controlling shareholder and actual controller Li Renchao with joint and several liability on a gratuitous basis. It is expected to reduce financial expenses by approximately RMB 57 million per year, of which approximately RMB 13 million is expected to be reduced in 2026.