According to Zhitong Finance App News, Shanghai Industrial Holdings (00363) announced that since the existing loan 1 is due and repaid on March 1, 2024, SIHL Finance (a wholly-owned subsidiary of the company) and the joint venture (a joint venture with Shanghai Real Infrastructure (a wholly-owned subsidiary of the company) own 50% of the issued share capital) entered into a new loan agreement A to extend the repayment date of the existing loan 1 until February 28, 2025.
Since existing loan 3 under existing loan agreement 3 is due and repaid on April 3, 2024, SIHL Finance signed a new loan agreement B with the joint venture on March 1, 2024, extending the repayment date of existing loan 3 to April 2, 2025.