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China Chunlai Education Group Co., Ltd. ( (HK:1969) ) has provided an update.
China Chunlai Education Group Co., Ltd. has announced that Anyang University and Shangqiu University have each secured substantial loans from Shanghai Pudong Development Bank’s respective branches, amounting to RMB240 million and RMB190 million, respectively. These loans are intended for repaying existing bank debts, and the agreements are backed by guarantees and pledges of receivables, indicating a strategic move to manage financial obligations while maintaining operational stability.
More about China Chunlai Education Group Co., Ltd.
China Chunlai Education Group Co., Ltd. operates in the education sector, primarily focusing on providing private higher education services in China. The company manages a group of universities and educational institutions, aiming to expand its presence and influence within the educational market.
YTD Price Performance: -3.42%
Average Trading Volume: 746,337
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$5.08B
See more data about 1969 stock on TipRanks’ Stock Analysis page.
