Gelonghui, March 27, 丨 Xinyiwang Group (01686.HK) announced that on March 27, 2024, the company's wholly-owned subsidiary Hongwei Development Co., Ltd. (as borrower) and the company (as the guarantor) signed a committed financing agreement with Bank of China (Hong Kong) Limited (as lender). The bank agreed to provide (a) a term loan of not more than HK$2.2 billion and (b) a revolving loan of not more than HK$800 million to the borrower in 2019 Provide a copy Loan financing of not more than HK$3 billion (the company acts as a guarantor) to refinance and provide general working capital for the Group. The amount loaned under term loan financing must be repaid 60 months after the date of first use of the financing, while all amounts loaned under revolving loan financing must be repaid or re-loaned at the end of each interest period, and all outstanding amounts must be fully repaid on the final maturity date.