GR Life Style Secures RMB130 Million One-Year Loan from Dalian Bank

Reuters
2025/11/13
GR Life Style Secures RMB130 Million One-Year Loan from Dalian Bank

GR Life Style Co. Ltd. has announced the entry into a new working capital loan agreement with Dalian Bank on 13 November 2025. Under the terms of the agreement, Dalian Bank will provide a loan of RMB130 million to the borrower for a one-year term commencing 14 November 2025, at an interest rate of 4.0% per annum. To secure the loan, Beijing Wangangtong, an indirect subsidiary of GR Life Style, entered into a mortgage agreement with Dalian Bank. The transaction constitutes a connected transaction under Chapter 14A of the Hong Kong Listing Rules and is subject to reporting and announcement requirements. The loan is intended to support the borrower's daily business operations and working capital needs.

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. GR Life Style Co. Ltd. published the original content used to generate this news brief on November 13, 2025, and is solely responsible for the information contained therein.

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