Five Continents Transportation: The controlling shareholder has obtained a commitment letter from China CITIC Bank for a loan of no more than 1.53 billion yuan to be used for increasing the company's shares.

date
19/09/2025
Wuzhou Transport announced that the controlling shareholder, Guangxi Transportation Investment Group Co., Ltd., has obtained a loan commitment letter from China CITIC Bank Co., Ltd. Nanning Branch. CITIC Bank promises to provide loan support for the shareholding increase of the Transportation Investment Group, with a maximum loan amount of RMB 153 million. The Investment Group plans to increase its shareholding in the company through legal and compliant means, such as centralized bidding on the Shanghai Stock Exchange, starting from September 15, 2025, for a period of 12 months. The planned amount of shareholding increase is not less than RMB 85 million and not more than RMB 170 million.