Cuihua Jewelry: Loan of 200 million yuan from shareholders holding over 5%, extended for 12 months

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Guandian Network News: On March 27, Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. announced that due to operational needs, the company has borrowed 200 million yuan from Shenzhen Cuiyi Investment Co., Ltd., a shareholder holding more than 5%, with a loan extension of 12 months.

According to the announcement, the loan extension period is from March 31, 2026, to March 31, 2027. The loan will be used for corporate turnover, with an interest rate not exceeding the same period bank loan rate, and no collateral is required. This matter has been approved by the 14th meeting of the sixth board of directors and a special meeting of independent directors, and does not need to be submitted to the shareholders’ meeting.

Cuihua Jewelry stated that this loan extension will not harm the interests of the company and its shareholders, nor will it adversely affect the company’s finances and operations.

Disclaimer: The content and data of this article are compiled by Guandian based on publicly available information and do not constitute investment advice. Please verify before use.

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