Hans Energy Co. Ltd. (HK:0554) has released an update.
Hans Energy Company Limited has successfully repaid its loan obligations to the Bank using funds from newly secured, more favorable loan agreements with Dongguan Rural Commercial Bank Co., Ltd. These new facilities offer loans up to RMB 600 million, available for use until 2032 without stringent financial covenants. The company considers the terms of the new loans to be more advantageous than the previous agreement.
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