Lvji Technology Secures Key Funding Agreements

Lvji Technology Holdings, Inc. (HK:1745) has released an update.

Lvji Technology Holdings Inc. has announced that its wholly-owned subsidiaries have secured significant funding arrangements, including a RMB10 million loan from the Bank of China and a RMB20 million credit line from China Merchants Bank. These financial agreements, intended for covering ordinary operating expenses, are seen by the company’s Board as beneficial steps to bolster day-to-day business operations. The terms of both the loan and the credit agreement have been assessed as fair and in the shareholders’ best interests after careful negotiations.

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