Solargiga Energy Holdings (HKG:0757) unit Jinzhou Yangguang Energy is in talks to obtain a 100 million yuan working capital loan from the Shenyang branch of Industrial Bank (SHA:601166), a Hong Kong bourse filing said.
The loan, which will be valid for one year, will be received on or before Thursday, Aug. 15, the solar energy products maker said.
The loan will be secured by a corporate and personal guarantee by the company and Chairman Tan Wenhua, respectively.
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