Kinetic Development Group Signs Third Supplemental Agreement to 2020 Loan Deal

Reuters12-22 21:23

<a href="https://laohu8.com/S/KDGLF">Kinetic Development</a> Group Signs Third Supplemental Agreement to 2020 Loan Deal

Kinetic Development Group Limited has announced the signing of a third supplemental agreement to its existing 2020 Loan Agreement with Guizhou Liliang. Under the terms, Kinetic (Qinhuangdao), an indirect wholly-owned subsidiary of Kinetic Development Group, continues as the lender of a RMB57 million (approximately HK$63 million) loan originally provided in June 2020. The latest amendment extends the loan repayment date to 31 December 2025, following previous extensions agreed in December 2022 and February 2024. The loan was initially granted for a two-year term and has now had its maturity extended to support the borrower’s continued financing needs.

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. Kinetic Development Group Limited 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-20251222-11964117), on December 22, 2025, and is solely responsible for the information contained therein.

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