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China Sunshine Paper Engages in Major Financial Deal

China Sunshine Paper Engages in Major Financial Deal

China Sunshine Paper Holdings Co. Ltd. (HK:2002) has released an update.

Confident Investing Starts Here:

China Sunshine Paper Holdings Co. Ltd. has entered into a significant financial agreement, known as the Entrusted Loan Agreement II, through its subsidiary Century Sunshine. The agreement involves a loan of RMB50 million to Qicheng Zhihui, with the funds sourced internally and intended for general working capital. This move is categorized as a discloseable transaction under the Hong Kong listing rules, highlighting its importance in the company’s financial activities.

For further insights into HK:2002 stock, check out TipRanks’ Stock Analysis page.

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