Summary by Futu AI
Solargiga Holdings Limited (the "Company") announces that its indirect wholly-owned subsidiary, Jinzhou Solargiga Energy Co., Ltd., has signed a loan agreement with a total amount of RMB 0.1 billion with Industrial Bank Co., Ltd. Shenyang Branch on August 13, 2024, with a term of one year. This move aims to enhance the Group's financial management capabilities, optimize its financial structure, and support its future growth in the photovoltaic market. The board of directors of the company urges shareholders and potential investors to exercise caution when trading the company's shares. The news was announced by the Chairman of the Company, Tan Wenhua, on August 14, 2024.