China East Edu (00667) Grants 80 Million Yuan Revolving Credit Facility via Designated Onshore Lending Subsidiary

Stock News
01/28

China East Edu (00667) announced that on January 28, 2026, after trading hours, the company entered into separate loan framework agreements with Mr. Wu Junbao, Mr. Wu Wei, and Mr. Xiao Guoqing. Pursuant to these agreements, the company, through its designated onshore lending subsidiary in China, will provide each of the individuals' designated onshore recipient companies with a revolving credit facility denominated in Renminbi. The maximum daily outstanding balance (excluding accrued interest) for each facility is RMB 80 million, carrying an annual interest rate of 6% throughout the validity period.

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