YUEXIUTRANSPORT (01052) Secures 450 Million Yuan Revolving Loan Facility

Stock News
01/23

On January 23, 2026, YUEXIUTRANSPORT (01052) announced that the company, acting as the borrower, entered into a financing agreement with a bank, the lender. Under this agreement, the lender will provide a revolving loan facility of RMB 450 million. The loan term is 364 days from the date of the financing agreement, subject to its specific terms and conditions. The financing agreement stipulates that a default event will occur if the company's controlling shareholder, Yuexiu Enterprises (Group) Limited, ceases to be the company's single largest beneficial owner. A default is also triggered if Yuexiu Enterprises fails to maintain a direct or indirect interest of no less than 30% of the company's issued share capital with voting rights, or if it ceases to exercise management control over the company. Should such a default event occur, the lender may declare all liabilities under the financing agreement immediately due and payable. As of the date of this announcement, Yuexiu Enterprises beneficially owns approximately 44.2% of the company's total issued shares.

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