Apollo Future Mobility Group Limited has announced a new loan agreement involving its wholly-owned subsidiary, Raise Success Limited, providing a short-term bridging loan to EV Power Holding Limited. The transaction, classified as a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules, follows two previous outstanding loans totaling HK$30 million already extended to EV Power. The Board of Apollo Future Mobility Group Limited considers the terms of the new loan agreement to be fair and reasonable, citing the personal guarantee and creditworthiness of the guarantor, the short duration of the loan, and the expected interest income. The company also indicated it may further invest in EV Power in a future fundraising exercise.
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. Apollo Future Mobility Group Limited 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-20260112-11988379), on January 12, 2026, and is solely responsible for the information contained therein.