China Chunlai: Anyang College was granted a maximum of 0.15 billion yuan in regular loans.

China Chunlai (01969) announced that on August 26, 2024, the company's Chinese operation school, Anyang College (as the borrower), and the Zhengyuan Bank Co., Ltd. Anyang Branch (as the lender) have entered into a fixed asset loan agreement, and the lender has agreed to provide the borrower with a maximum of CNY 0.15 billion of term loan. The Group can expand the campus of Anyang College through the loan agreement to increase its capacity, thereby increasing the total number of students, expanding financing channels, supplementing the operational funding requirements, and optimizing the Group's debt structure.

新浪港股Aug 26 00:23 ET

China Chunlai Secures Major Loan for Campus Expansion

TipRanksAug 26 00:08 ET

China Chunlai Education Term Loan to Mature in Six Years

Dow JonesAug 26 00:07 ET

China Chunlai Education Secures CNY150.0M Term Loan From Zhongyuan Bank

Dow JonesAug 26 00:07 ET

Express News | China Chunlai Education Group Co Ltd - Entering Into Loan Agreement

ReutersAug 26 00:01 ET

The SSE Conglomerates Index for Hong Kong Stock Connect Education Services was reported at 1849.03 points, with the top ten weights including China Chunlai and others.

The CSI Hong Kong Stock Connect Education Services Composite Index (Stock Connect Education, 931963) latest report is 1849.03 points. The top ten weights of this index include China Chunlai, China Edu Group, Fengbian, China East Education, etc. It is understood that the CSI Hong Kong Stock Connect Industry Composite Index series is classified according to the CSI industry classification standard in the CSI Hong Kong Stock Connect Composite Index sample, and all securities entering the first, second, and third level industries are used as the sample to compile the index, forming a CSI Hong Kong Stock Connect Industry Composite Index series to reflect the overall performance of securities in different industries in the Stock Connect companies. The index is based on December 31, 2021, and 30.

Gelonghui FinanceAug 18 21:46 ET