Sunfonda to Guarantee 300 Million Yuan Loan Facility to be Obtained by Unit

MT Newswires Live

2025/04/04

Sunfonda Group (HKG:1771) unit Shaanxi Sunfonda Automobile Technology Development will enter into a master facility agreement to obtain up to a 300 million yuan loan facility from the Shaanxi Branch of Bank of China, a Thursday filing with the Hong Kong bourse said.

Automobile dealer Sunfonda Group will also enter into a contract to provide a corporate guarantee against the loan in favor of the lender.

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