China High-Speed Transmission Amends Loan Assignment Agreement with Enkaiyi

Reuters2025-12-30

China High-Speed Transmission Amends Loan Assignment Agreement with Enkaiyi

China High-Speed Transmission Equipment Group Co. Ltd. announced that its wholly-owned subsidiary, Nanjing Handa, has entered into a supplemental agreement with Enkaiyi to amend the terms of a previous loan assignment agreement. The principal amendment extends the repayment period for the outstanding loan from 27 June 2025 to 26 June 2027. During this extension period, Enkaiyi will pay Nanjing Handa a fund usage fee calculated at an annual simple interest rate of 3%, accruing from 18 March 2025 until full repayment. All other terms of the original agreement remain unchanged. The company stated that the amendment is intended to maximize the chances of recovering the consideration and is in the best interests of the company and its shareholders.

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. China High-Speed Transmission Equipment 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-20251230-11971379), on December 30, 2025, and is solely responsible for the information contained therein.

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