Kong Sun Extends RMB90 Million Secured Loan to Associate for Working Capital

Kong Sun Holdings Limited ( (HK:0295) ) has shared an announcement.

Kong Sun Holdings Limited, through its indirect wholly owned subsidiary Kong Sun Yonghui, has extended a RMB90 million loan to an associated company in which it holds a 37.6% equity interest. The financing underscores the group’s role in supporting its affiliates’ capital needs while leveraging its internal resources for interest income.

The three-year loan, agreed on 16 March 2026, carries a 6% annual interest rate, higher than the People’s Bank of China loan prime rate, and will fund the borrower’s general working capital. Classified as a discloseable transaction under Hong Kong listing rules, the facility is secured by a pledge over the borrower’s accounts receivable, providing the lender with recourse in case of default and signaling a measured risk management approach.

The most recent analyst rating on (HK:0295) stock is a Sell with a HK$0.02 price target. To see the full list of analyst forecasts on Kong Sun Holdings Limited stock, see the HK:0295 Stock Forecast page.

More about Kong Sun Holdings Limited

Kong Sun Holdings Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong. Through its subsidiaries, it engages in investment and financing activities, including providing loans and financial assistance to associated companies to support their operations and working capital needs.

YTD Price Performance: 81.25%

Average Trading Volume: 12,265,481

Technical Sentiment Signal: Hold

Current Market Cap: HK$434M

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