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Tiangong International (00826) was granted a total loan of HK$79.2975 million

Zhitongcaijing·07/22/2026 14:17:34
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According to Zhitong Finance App, Tiangong International (00826) announced that on July 22, 2026, the Company (as a borrower) entered into a dividend loan financing agreement (this financing agreement) with a Hong Kong licensed bank, totaling HK$79.2975 million (this financing). The financing agreement is an unsecured and interest-bearing loan, and the period for settling the amount owed is one year.

According to the financing agreement, the controlling shareholders of the Company, Mr. Zhu Xiaokun and Mr. Zhu Zefeng, are required to maintain direct or indirect benefits of not less than 45% of the Company's share capital (specific performance liability) during the period when the financing can be used. As of the date of this announcement, Mr. Zhu Xiaokun and Mr. Zhu Zefeng jointly owned approximately 54.36% of the Company's issued share capital.