On June 25, Grong Hui announced that Lifestyle Chi (02136.HK) signed an entrusted loan agreement with the bank (as a loan agent) and Shanghai Jiu Bai (as a borrower and a joint venture enterprise holding 50% of the company's equity) on June 24, 2024. As the lender, Shanghai Jiuguang (a subsidiary company indirectly holding 65% of the company's equity) agreed to entrust the bank to provide Shanghai Jiu Bai with revolving entrusted loans, with a maximum principal amount of RMB 60 million (approximately HKD 65.7666 million) and a term of three years.
利福中国(02136.HK)：上海久光将向上海九百城市广场提供本金总额最高6000万元委托贷款
Lifestyle Chi (02136.HK): Shanghai Joingoo will provide a maximum of 60 million yuan entrusted loans to Shanghai Jiubai City Plaza.
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