China Gold International Extends Financial Services Agreement to 2029

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Yesterday

China Gold International Resources (HKG:2099) has amended its financial services agreement with China National Gold Group Finance, revising pricing terms for deposit and lending services, according to a Friday Hong Kong bourse filing.

The company set a maximum daily deposit balance of 7.50 billion yuan for each of the three years from 2027 to 2029, up from a previous peak daily balance of about 3.00 billion yuan under the existing agreement.

The revised agreement also sets a maximum daily lending balance of 7.50 billion yuan and an annual transaction cap of 8.7 million yuan for settlement and other financial services.

China Gold International will seek shareholder approval for the agreement at an extraordinary general meeting scheduled for Dec. 22, Hong Kong time.

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