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Shanghai Industrial Secures Strategic Loan Facility
Company Announcements

Shanghai Industrial Secures Strategic Loan Facility

Shanghai Industrial Urban Development Group Ltd (HK:0563) has released an update.

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Shanghai Industrial Urban Development Group Ltd has secured a 12-month loan agreement for RMB 300 million to repay existing bank borrowings, maintaining the controlling shareholder’s unchanged position as a condition. The company anticipates that this new financial strategy will lower overall financial costs and improve debt structure, with a commitment to regular disclosure in future financial reports.

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