Minsheng Education Group Secures RMB300 Million Term Loan from Hang Seng Bank

Reuters12-19 19:25

Minsheng Education Group Secures RMB300 Million Term Loan from <a href="https://laohu8.com/S/00011">Hang Seng Bank</a>

Minsheng Education Group Company Limited has announced that it entered into a facility letter with Hang Seng Bank Limited on December 19, 2025. Under the agreement, Hang Seng Bank will provide Minsheng Education Group with a term loan facility of up to RMB300 million, or its equivalent in Hong Kong or US dollars. The final maturity date for any loans drawn under the facility will be no later than three years from the date of each drawdown. As part of the agreement, Mr. Li Xuechun, the company’s chairman and ultimate controlling shareholder, is required to remain the ultimate controlling shareholder and maintain at least a 50% beneficial interest in the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minsheng Education Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251219-11962076), on December 19, 2025, and is solely responsible for the information contained therein.

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Under the agreement, <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Bank will provide Minsheng Education Group with a term loan facility of up to RMB300 million, or its equivalent in Hong Kong or US dollars. The final maturity date for any loans drawn under the facility will be no later than three years from the date of each drawdown. As part of the agreement, Mr. Li Xuechun, the company’s chairman and ultimate controlling shareholder, is required to remain the ultimate controlling shareholder and maintain at least a 50% beneficial interest in the company.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: HKEX-EPS-20251219-11962076), on December 19, 2025, and is solely responsible for the information contained therein.</span></i>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0516422366.SGD","symbol_name":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251219:nNDL78DjBD:1","article_id":"2592416664","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592416664","pubTimestamp":1766143533,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Minsheng Education Group Company Limited has announced that it entered into a facility letter with Hang Seng Bank Limited on December 19, 2025. 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Under the agreement, Hang Seng Bank will provide Minsheng Education Group with a term loan facility of up to RMB300 million, or its equivalent in Hong Kong or US dollars. The final maturity date for any loans drawn under the facility will be no later than three years from the date of each drawdown. As part of the agreement, Mr. Li Xuechun, the company’s chairman and ultimate controlling shareholder, is required to remain the ultimate controlling shareholder and maintain at least a 50% beneficial interest in the company.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minsheng Education Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251219-11962076), on December 19, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592416664","isCrawlerRequest":true}