On September 27, Gronghou announced that hk finance gp (01273.HK) has entered into a new loan agreement with clients AI, AJ, AK, AL, and AM (referred to collectively as borrowers) as the lender, on September 27, 2024. Under the new loan agreement, hk finance gp has agreed to grant a loan of 18 million Hong Kong dollars to the borrowers.

Prior to entering into the new loan agreement, hk finance gp (as the lender) had entered into previous loan agreements to grant a loan of 18 million Hong Kong dollars to the borrowers. The proceeds of the new loan are used to fully settle the principal of the previous loan.