Summary by Futu AI
EVA Holdings announced on June 24, 2024 that its wholly-owned subsidiary, Eva Limited, has confirmed the financing agreement provided by Hang Seng Bank Limited. The agreement involves a new long-term installment loan of up to HKD 300 million, with specific performance obligations requiring shareholders to hold a total of at least 35% of the company's issued share capital and for Mr. Zhang Jie to continue serving as the Chairman of the Board of Directors. Violation of these conditions will be considered a breach, and Hang Seng Bank will have the right to demand immediate repayment of the loan. Currently, Mr. Zhang Jie and Mr. Zhang Yaohua respectively hold about 39.70% of the company's issued share capital through Prosper Empire Limited, while shareholders collectively hold about 5% of the company's issued share capital.