J&T Global Express Secures RMB3.5 Billion Loan Facility

Reuters2025-12-28
J&T Global Express Secures RMB3.5 Billion Loan Facility

J&T Global Express Ltd has announced the signing of new facility agreements on December 25, 2025, under which certain banks have agreed to provide the company’s subsidiary, Winner Star, with several Renminbi-denominated term loan facilities. The financing includes a facility of up to RMB 2 billion with a 12-month term and another facility of up to RMB 1.5 billion with a 36-month term, both commencing from the date the first loan is drawn. J&T Global Express Ltd will act as guarantor for the loans. The agreements contain specific performance obligations, including a clause that makes the facilities immediately due and payable if Mr. Li, the company's controlling shareholder, ceases to hold his controlling interest or influence over the company’s management and policies.

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