C FIN SERVICES (00605) announced that on December 12, 2024, Shenzhen Lingda Microloan (as the lender) entered into a new loan agreement with Client I (Shenzhen Fujifilm Holdings Corporation Unsponsored ADR) (as the borrower). According to this agreement, Shenzhen Lingda Microloan agrees to grant the borrower a new loan with a principal amount of 20 million yuan to repay the outstanding principal amount of the previous loan, with a term of one year and an interest rate of 20.4% per annum.
Before entering into the new loan agreement, Shenzhen Lingda Microloan (as the lender) and Client I (as the borrower) had entered into a previous loan agreement granting two secured loans, with a term of six months, and the outstanding principal amount of the previous loan totaled 20 million yuan.