HAOSEN FINTECH Subsidiary Provides Loan Facility of 14.66 Million Yuan

Stock News
Feb 06

HAOSEN FINTECH (03848) announced that on February 5, 2026, its indirectly wholly-owned subsidiary, Haosen Microfinance, entered into a loan facility agreement with the borrower, Huizhou Wanyelong Glass Technology Co., Ltd. According to the agreement, the lender has agreed to grant the borrower a loan facility amounting to RMB 14.66 million. The loan carries an annual interest rate of 21.6% and has a term of 12 months, commencing from the date of the loan facility agreement. The interest rate for the facility was determined by the lender after considering the borrower's financial background and its existing borrowings, the lender's own funding costs, as well as prevailing market interest rates and practices.

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