Haosen Fintech Group Limited (Stock code: 3848) announced that its indirect wholly-owned subsidiary, Shenzhen Haosen Credit Joint Stock (Limited) Company (“Haosen Credit”), entered into a loan facility agreement dated 5 February 2026. Under this agreement, Haosen Credit will extend a RMB14.66 million loan (approximately HK$16.51 million) to 惠州市萬業隆玻璃科技有限公司 (Huizhou Wanyelong Glass Technology Co., Ltd.) at an annual interest rate of 21.6%. The facility remains available for 12 months from the date of the agreement, and any outstanding amount plus accrued interest must be repaid by 5 February 2027.

The borrower, described as an independent third party primarily engaged in glass product production and sales in Guangdong Province, will pay interest quarterly. The loan can be repaid in part or in full ahead of schedule with the lender’s consent, and the borrower retains a re-borrowing option during the availability period. The principal and interest are guaranteed by the majority shareholder and legal representative of the borrower, as well as an additional guarantor.

According to the announcement, Haosen Fintech carried out a credit risk assessment, examining the borrower’s financial background, external credit ratings, and litigation searches before approving the loan. The board concluded that the credit risks would be manageable and that the terms—which are determined on normal commercial grounds—are fair and reasonable.

Since one or more applicable percentage ratios exceed 5% but are below 25%, this transaction is classified as a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules and is subject to the corresponding reporting and announcement requirements. Haosen Fintech views the facility as part of its ordinary business operations, which include financing and small loan services in the PRC, and anticipates that the transaction will generate additional interest income for the group.