Lee & Man Paper Extends Loan and Revises Terms for Joint Venture in China

Reuters

Dec 12, 2025

Lee & Man Paper Extends Loan and Revises Terms for Joint Venture in China

Lee & Man Paper Manufacturing Ltd. has announced a further extension and revision of an existing loan agreement with its joint venture, Ruichang Lee & Man Logistics Company Limited. Under the Fourth Supplemental Agreement, the principal amount of the loan has been adjusted from RMB60 million to RMB55 million, with the maturity date extended to 31 December 2028. The interest rate has also been revised from 3.5% to 3.0%. All other terms and conditions of the original loan agreement remain unchanged. The transaction is subject to reporting and announcement requirements under the Hong Kong Listing Rules but is exempt from circular and shareholders' approval requirements.

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. Lee & Man Paper Manufacturing Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251212-11953463), on December 12, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: HKEX-EPS-20251212-11953463), on December 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1551","symbol_name":"纸业股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251212:nNDL2WXYRg:1","article_id":"2590022579","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590022579","pubTimestamp":1765528354,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Lee & Man Paper Manufacturing Ltd. has announced a further extension and revision of an existing loan agreement with its joint venture, Ruichang Lee & Man Logistics Company Limited. Under the Fourth Supplemental Agreement, the principal amount of the loan has been adjusted from RMB60 million to RMB55 million, with the maturity date extended to 31 December 2028. The interest rate has also been revised from 3.5% to 3.0%. All other terms and conditions of the original loan agreement remain unchanged. The transaction is subject to reporting and announcement requirements under the Hong Kong Listing Rules but is exempt from circular and shareholders' approval requirements.Disclaimer: This news brief was created by Public Technologies  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. Lee & Man Paper Manufa","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1551":"纸业股","BK1514":"人民币升值概念","BK1223":"纸制品","02314":"理文造纸"},"translate_title":"理文造纸延长贷款并修改中国合资企业条款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02314":0.9},"content_text":"Lee & Man Paper Extends Loan and Revises Terms for Joint Venture in China\n    \n\n        Lee & Man Paper Manufacturing Ltd. has announced a further extension and revision of an existing loan agreement with its joint venture, Ruichang Lee & Man Logistics Company Limited. Under the Fourth Supplemental Agreement, the principal amount of the loan has been adjusted from RMB60 million to RMB55 million, with the maturity date extended to 31 December 2028. The interest rate has also been revised from 3.5% to 3.0%. All other terms and conditions of the original loan agreement remain unchanged. 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