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China Chunlai Education Secures RMB350 Million Credit Line to Boost Operations

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China Chunlai Education Secures RMB350 Million Credit Line to Boost Operations

Confident Investing Starts Here:

China Chunlai Education Group Co., Ltd. ( (HK:1969) ) just unveiled an announcement.

China Chunlai Education Group Co., Ltd. announced a line of credit agreement with Zhongyuan Bank Co. Ltd., Anyang Branch, providing a credit limit of up to RMB350 million to Anyang University. This agreement, effective from March 2025 to March 2027, aims to diversify the Group’s financing channels and optimize its liability structure, reflecting a strategic move to strengthen its financial operations and support its educational services.

More about China Chunlai Education Group Co., Ltd.

China Chunlai Education Group Co., Ltd. operates in the education industry, focusing on providing private higher education services in China. The company manages a number of educational institutions and aims to enhance its market presence through diversified financing and optimized liability structures.

YTD Price Performance: -1.64%

Average Trading Volume: 577,825

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$5.05B

See more data about 1969 stock on TipRanks’ Stock Analysis page.

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