LANCANG TEA Secures Term Loan Facility Totaling Up to RMB47.15 Million
Stock News
Jun 17
On June 16, 2026, the company, acting as borrower, entered into two loan agreements with Agricultural Bank of China Limited, the lender. As per these agreements, the lender has consented to extend a term loan facility to the company, with a maximum aggregate principal amount of RMB47.15 million.
This total facility comprises two components: the first, under Loan Agreement I, is for a maximum principal of RMB33.15 million. The second component, under Loan Agreement II, is for a maximum principal of RMB14.00 million.
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