Infinities Technology International (Cayman) Holding Ltd. announced that its wholly-owned subsidiary, Guangzhou Jiu Zun Interactive Entertainment Company Limited, has been approved for a credit facility ranging from RMB3 million to RMB15 million from a state-owned commercial bank in mainland China. The facility will be used exclusively for general working capital purposes. Additionally, Chengdu Zhile Interactive Technology Company Limited, another wholly-owned subsidiary controlled by contractual arrangement, will provide a joint and several liability guarantee for the loan. The arrangement aims to support the Group's core business, broaden its financing channels, replenish working capital, and optimize its debt structure.
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