Fu Jing China Holdings (02497.HK) affiliated with the establishment of the Oriental Pearl Asset Mortgage Agreement and the Li Tai Asset Mortgage Agreement.
Zhitong Finance APP News, Richland China Holdings (02497.HK) issued an announcement that on July 24, 2024, Richland Agriculture (an indirectly wholly-owned subsidiary of the company, as the pledgor) and the bank (Industrial and Commercial Bank of China Limited Laixi Branch) (as the pledgee) entered into the Oriental Pearl Asset Mortgage Agreement. Richland Agriculture agreed to provide the bank with the mortgaged assets as collateral to guarantee certain repayment obligations of Oriental Pearl from July 19, 2024 to January 19, 2027, with a maximum amount of 28 million yuan.
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