Yi Dazong (01733) announced that recently the group obtained a comprehensive credit line of RMB from Societe Generale Financial Leasing Co., Ltd.
Zhitong Finance App News, Yi Dazong (01733) announced that the group recently obtained a comprehensive credit line of RMB 200 million from Societe Generale Financial Leasing Co., Ltd. for a period of one year from March 13, 2024 to March 12, 2025. The credit will be granted to the company's subsidiaries for activities carried out in the daily course of business. In view of the provision of the credit, the company and its wholly-owned subsidiary Yi Dazong (Beijing) Supply Chain Management Co., Ltd. each agreed to provide corporate guarantees to Societe Generale Financial Leasing to guarantee that the company's subsidiaries fulfill their obligations under the credit.