Baiwang Co. Ltd. Grants RMB35 Million Convertible Loan to Baiwangyun Overseas

Reuters

12/03

<a href="https://laohu8.com/S/06657">Baiwang Co</a>. Ltd. Grants RMB35 Million Convertible Loan to Baiwangyun Overseas

Baiwang Co. Ltd. has announced progress regarding a connected transaction tied to a convertible loan agreement with Baiwangyun Overseas and Huanqiu Zhilian. Under the terms of the agreement, Baiwang Co. Ltd. has extended a convertible loan of RMB35.0 million (approximately HK$38.2 million) to Baiwangyun Overseas for a period of one year at an interest rate of 8% per annum. The loan is convertible into equity in Baiwangyun Overseas if the principal is not repaid upon maturity. The full principal amount was disbursed on November 20, 2024. This financing move supports Baiwang Co. Ltd.'s global expansion strategy and provides operational flexibility and funding for the early-stage development of its overseas business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiwang Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251203-11942990), on December 03, 2025, and is solely responsible for the information contained therein.

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Ltd. Grants RMB35 Million Convertible Loan to Baiwangyun Overseas","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/06657\">Baiwang Co</a>. Ltd. Grants RMB35 Million Convertible Loan to Baiwangyun Overseas\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Baiwang Co. Ltd. has announced progress regarding a connected transaction tied to a convertible loan agreement with Baiwangyun Overseas and Huanqiu Zhilian. Under the terms of the agreement, Baiwang Co. Ltd. has extended a convertible loan of RMB35.0 million (approximately HK$38.2 million) to Baiwangyun Overseas for a period of one year at an interest rate of 8% per annum. 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Ltd. Grants RMB35 Million Convertible Loan to Baiwangyun Overseas\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-03 22:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/06657\">Baiwang Co</a>. Ltd. Grants RMB35 Million Convertible Loan to Baiwangyun Overseas\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Baiwang Co. Ltd. has announced progress regarding a connected transaction tied to a convertible loan agreement with Baiwangyun Overseas and Huanqiu Zhilian. Under the terms of the agreement, Baiwang Co. Ltd. has extended a convertible loan of RMB35.0 million (approximately HK$38.2 million) to Baiwangyun Overseas for a period of one year at an interest rate of 8% per annum. The loan is convertible into equity in Baiwangyun Overseas if the principal is not repaid upon maturity. The full principal amount was disbursed on November 20, 2024. This financing move supports Baiwang Co. Ltd.'s global expansion strategy and provides operational flexibility and funding for the early-stage development of its overseas business.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiwang Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251203-11942990), on December 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1155","symbol_name":"信息科技咨询与其它服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251203:nNDL8wB176:1","article_id":"2588473560","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588473560","pubTimestamp":1764773638,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Baiwang Co. Ltd. has announced progress regarding a connected transaction tied to a convertible loan agreement with Baiwangyun Overseas and Huanqiu Zhilian. Under the terms of the agreement, Baiwang Co. Ltd. has extended a convertible loan of RMB35.0 million  to Baiwangyun Overseas for a period of one year at an interest rate of 8% per annum. The loan is convertible into equity in Baiwangyun Overseas if the principal is not repaid upon maturity. The full principal amount was disbursed on November 20, 2024. This financing move supports Baiwang Co. Ltd.'s global expansion strategy and provides operational flexibility and funding for the early-stage development of its overseas business.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiwa","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1155":"信息科技咨询与其它服务","06657":"百望股份"},"translate_title":"百望股份向百望云海外授予人民币3500万元可转换贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06657":0.9},"content_text":"Baiwang Co. Ltd. Grants RMB35 Million Convertible Loan to Baiwangyun Overseas\n    \n\n        Baiwang Co. Ltd. has announced progress regarding a connected transaction tied to a convertible loan agreement with Baiwangyun Overseas and Huanqiu Zhilian. Under the terms of the agreement, Baiwang Co. Ltd. has extended a convertible loan of RMB35.0 million (approximately HK$38.2 million) to Baiwangyun Overseas for a period of one year at an interest rate of 8% per annum. The loan is convertible into equity in Baiwangyun Overseas if the principal is not repaid upon maturity. The full principal amount was disbursed on November 20, 2024. This financing move supports Baiwang Co. Ltd.'s global expansion strategy and provides operational flexibility and funding for the early-stage development of its overseas business.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiwang Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251203-11942990), on December 03, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}