Lvji Tech (01745.HK) announced that its wholly-owned subsidiary, Guangzhou Lvji International Travel Agency, applied for credit and entered into a corporate loan agreement with the Huangpu Branch of Guangzhou Rural Commercial Bank. It is reported that the credit limit is not more than 20 million RMB; the credit limit is 24 months; the fund is used for daily operational turnover; the loan interest rate is a fixed annual interest rate of 3.55%.
In addition, the related loan is guaranteed by Lvji Tech's wholly-owned subsidiary Guangzhou Lvji Digital Technology, Lvji Tech Group, Guangzhou Zhixin Information Consulting, and Zang Weizhong, providing an irrevocable joint guarantee for a period of 3 years in the form of guarantees. (js/w)
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