FUNDING OF THE NEW LOAN. The Group will finance the New Loan with its general working capital. Part of the loan proceed from the New Loan has been used to partially settle the Existing Loan on 10 December 2024.
FUNDING OF THE NEW LOAN. The Group will finance the New Loan with the Group’s general working capital. Customer I is a limited liability company whose principal business is property development and is a previous customer of SZCG, there is no record of default as at the date of this announcement. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrower and its beneficial owners are Independent Third Parties and not connected with the Group.
FUNDING OF THE NEW LOAN. The Group will finance the Loan with the Company’s general working capital. Customer G and Customer H are individuals who are merchants and Customer G is the spouse of Customer H. The Borrowers were approached by the Group through its network. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrowers are Independent Third Parties and not connected with the Group.
FUNDING OF THE NEW LOAN. The Group will finance the Loan with the Company’s general working capital. Customer S and Customer T are individuals who are businessmen and Customer T is the mother of Customer S. The Borrowers were approached by the Group through its network. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrowers are Independent Third Parties and not connected with the Group.
FUNDING OF THE NEW LOAN. The Group will finance the Loan with the Company’s general working capital. Customer U and Customer V are PRC individuals who are merchants involved in the property management industry. Customer U is the spouse of Customer V. The Borrowers are new customers and have no previous relationship with the Group, and were approached by the Group through its network. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrowers are Independent Third Parties and not connected with the Group.
FUNDING OF THE NEW LOAN. The Group will finance the New Loan with the Company’s general working capital. Customer A and Customer B are individuals who are merchants and Customer A is the spouse of Customer B. The Borrowers are repeated customers and were approached by the Group through its network. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrowers are Independent Third Parties and not connected with the Group.
FUNDING OF THE NEW LOAN. The Group will finance the New Loan with the Company’s general working capital. Customer BE is a PRC individual and merchant who engages in trading of electronic devices. The Borrower is a repeated customer of the Group. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrower is an Independent Third Party and not connected with the Group.
FUNDING OF THE NEW LOAN. The Group will finance the New Loan with the Company’s general working capital. Customer C is an individual who is a merchant and is a repeated customer of the Group with outstanding loan with UDSL, prior to the grant of the New Loan, of RMB10,000,000 and there is no record of default as at the date of this announcement. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrower is an Independent Third Party and not connected with the Group.
