Shandong International Trust Secures New Loan Agreement with Lucion Group

Reuters
02/13
Shandong International Trust Secures New Loan Agreement with Lucion Group

Shandong International Trust Co., Ltd. has entered into a new loan framework agreement with Shandong Lucion Investment Holdings Group Co., Ltd. (Lucion Group), its controlling shareholder. Under the agreement, Lucion Group will provide a loan to Shandong International Trust. To secure its repayment obligations, Shandong International Trust will pledge its A shares of China Zheshang Bank Co., Ltd. The number of shares pledged will be calculated based on the actual principal amount of the loan and a pledge rate not exceeding 80%, with the valuation determined using the lowest among several closing price averages prior to the pledge registration date. The agreement is subject to approval by independent shareholders.

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. Shandong International Trust 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-20260213-12025214), on February 13, 2026, and is solely responsible for the information contained therein.

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