Guizhou Maotai: Controlling shareholder obtains 2.7 billion RMB loan for increasing stake.
Guizhou Maotai announcement, controlling shareholder Maotai Group has obtained a loan commitment letter from Agricultural Bank of China, with a loan amount not exceeding RMB 2.7 billion, a term of 3 years, and the purpose is only to increase the company's stock holdings; Maotai Group plans to increase its holdings through centralized bidding within 6 months from the date of the announcement of the increase plan, with an increase amount of not less than RMB 3 billion and not more than RMB 3.3 billion.
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