CISI FIN obtains US$70.00 million revolving facility with shareholder-control covenant

Bulletin Express
Jun 30

China Industrial Securities International Financial Group Limited (CISI FIN) has signed a facility agreement with an unnamed bank, securing an uncommitted revolving loan of up to US$70.00 million (or its HKD/CNY equivalent), according to a disclosure made on 30 June 2026 under Hong Kong Listing Rule 13.18.

The agreement stipulates that an event of default will occur if Industrial Securities Co., Ltd.—CISI FIN’s controlling shareholder—fails to remain the single largest shareholder or to retain management control of the company. Industrial Securities currently holds 2.44 billion shares, representing 60.98% of CISI FIN’s issued share capital.

CISI FIN will continue to report compliance with these covenants in its interim and annual reports pursuant to Listing Rule 13.21.

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