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China Sunshine Paper Engages in Major Financial Transactions

China Sunshine Paper Engages in Major Financial Transactions

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

Confident Investing Starts Here:

China Sunshine Paper Holdings Co. Ltd. has announced that its subsidiary, Century Sunshine, has entered into an Entrusted Loan Agreement worth RMB50 million with Qicheng Zhihui as the borrower. This transaction, along with previous agreements, is classified as discloseable under Hong Kong’s Listing Rules due to its aggregated financial impact. The loan agreement highlights the company’s strategic financial assistance activities despite non-compliance with some listing requirements.

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

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