Kong Sun Holdings Limited (HK:0295) has released an update.
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Kong Sun Holdings Limited has entered into amended finance lease agreements with Hebei Financial Leasing, adjusting terms for two major transactions involving leased assets worth RMB90 million and RMB95 million. The amendments include reductions in interest rates from 5.85% to 5.45% and extensions of the lease terms from 10 to 12 years. Additionally, internal reorganization led to Jinan Tianguan Energy Technology Co., Ltd. providing equity interest pledges in Feixi Zhonghui, facilitating the continuation of the original agreements.
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