Qilu Expressway Grants RMB50 Million Loan to Qilu Energy Technology

Reuters12-18 22:13

Qilu Expressway Grants RMB50 Million Loan to Qilu Energy Technology

Qilu Expressway Co. Ltd. has announced the execution of a new loan agreement with its non-wholly-owned subsidiary, Qilu Expressway (Shandong) Energy Technology Company Limited. Under the agreement dated 18 December 2025, Qilu Expressway will provide a loan of up to RMB 50 million to Qilu Energy Technology for a term of one year. In connection with the loan, Shandong Zhengchen Technology Co., Ltd. has entered into a guarantee contract to provide joint and several liability guarantees for the loan. The transaction is classified as a connected transaction under Hong Kong Listing Rules, subject to reporting and announcement requirements but exempt from independent shareholders' approval.

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. Qilu Expressway 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-20251218-11960746), on December 18, 2025, and is solely responsible for the information contained therein.

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