LSGC's controlling shareholder has obtained a commitment letter for a special loan of no more than 62 million yuan for additional shareholding
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, LSGC announced that the company recently received a notice from its controlling shareholder, Zhejiang Yuanming Holdings Co., Ltd. (referred to as "Yuanming Holdings"), regarding the commitment letter issued by the Industrial and Commercial Bank of China Zhejiang Branch for the special loan project for the stock increase of Zhejiang Yuanming Holdings Co., Ltd. The Industrial and Commercial Bank of China Zhejiang Branch will provide a loan limit of no more than 62 million yuan to Yuanming Holdings for increasing its shares in the company, with a term of 3 years
According to the Zhitong Finance APP, LSGC (600738.SH) announced that the company recently received a notice from its controlling shareholder Zhejiang Yuanming Holdings Co., Ltd. (referred to as "Yuanming Holdings") regarding the commitment letter issued by the Industrial and Commercial Bank of China Zhejiang Branch for the special loan project for stock increase. The Industrial and Commercial Bank of China Zhejiang Branch will provide Yuanming Holdings with a loan limit of no more than 62 million yuan for increasing the company's shares, with a term of 3 years