Cuihua Jewelry: Borrow 200 million yuan from shareholders holding more than 5% of the shares, with a maturity extension of 12 months.

date
27/03/2026
Cuiping Jewelry announced that, for operational needs, the company borrowed 200 million RMB from Cuiping Investment, a shareholder holding more than 5% of the shares, with a 12-month extension from March 31, 2026 to March 31, 2027. The loan will be used for business operations, with an interest rate not exceeding the same period bank loan rate, and no collateral is required. This matter has been approved by the 6th Board of Directors' 14th meeting and a special meeting of independent directors, without the need to submit to the shareholders' meeting. The extension of this loan will not harm the interests of the company and shareholders, nor will it have any adverse impact on its financial and operational capabilities.