HUIXIN CREDIT (01577) Subsidiary Grants Loan with Principal Amount of RMB 30 Million on June 16

Stock News
2025/12/30

HUIXIN CREDIT (01577) announced that on April 21, 2025 (after trading hours), its non-wholly-owned subsidiary, Jinjiang Huixin (as the lender), entered into Loan Agreement L with Customer L (as the borrower). Under this agreement, Jinjiang Huixin agreed to grant Loan L with a principal amount of RMB 40 million to Customer L, carrying an annual interest rate of 18%. As of the date of this announcement, Loan L remains outstanding.

On April 22, 2025 (after trading hours), the Company (as the lender) entered into Loan Agreement M with Customer L (as the borrower). Accordingly, the Company agreed to grant Loan M with a principal amount of RMB 40 million to Customer L, bearing an annual interest rate of 18%. As of the date of this announcement, Loan M has not been settled.

On May 22, 2025 (after trading hours), the Company's non-wholly-owned subsidiary, Jinjiang Huixin (as the lender), entered into Loan Agreement N with Customer N (as the borrower). Jinjiang Huixin agreed to grant Loan N with a principal amount of RMB 50 million to Customer N, which carries an annual interest rate of 18%. As of the date of this announcement, Loan N is still outstanding.

On June 16, 2025 (after trading hours), the Company's non-wholly-owned subsidiary, Jinjiang Huixin (as the lender), entered into Loan Agreement O with Individuals H, I, J, and K (as the borrowers). Pursuant to this agreement, Jinjiang Huixin agreed to grant Loan O with a principal amount of RMB 30 million to the borrowers, at an annual interest rate of 18%. As of the date of this announcement, Loan O has not been cleared.

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