Chanjet Extends 70 Million Yuan Loan to Controlling Shareholder

MT Newswires Live

12/04

Chanjet Information Technology (HKG:1588) agreed to grant a 70 million yuan loan to controlling shareholder Yonyou Network Technology with a one-year term, a Thursday Hong Kong bourse filing said.

The loan, carrying an interest rate of 3% per annum, will be used to supplement Yonyou Network Technology's working capital.

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