Summary by Moomoo AI
Solargiga Holdings Limited ("the Company") announces that its indirect wholly-owned subsidiary, Jinzhou Solargiga Energy Co., Ltd., entered into a loan agreement with the Shenyang Branch of Industrial Bank Co., Ltd. on August 13, 2024, with a total amount of RMB 0.1 billion and a term of one year. This is aimed at enhancing the Group's financial management capabilities, optimizing its financial structure and supporting its future growth in the photovoltaic market. The Board of Directors of the Company urges shareholders and potential investors to exercise caution when trading the Company's shares. The news was released by the Chairman of the Company, Mr. Tan Wenhua, on August 14, 2024.