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The latest update is out from Shenzhen Dobot Corp Ltd Class H ( (HK:2432) ).
Shenzhen Dobot Corp Ltd, a company incorporated in China, has entered into a connected transaction through a Loan Agreement with an executive director, who is also the chairman and general manager. The loan, amounting to approximately RMB18,630,000, is intended to cover personal income tax obligations arising from the company’s conversion to a joint stock company. The transaction is subject to reporting and announcement requirements under the Listing Rules but is exempt from circular and independent shareholders’ approval. The agreement was reached after considering market interest rates, the company’s sufficient internal resources, and the borrower’s repayment capacity.
More about Shenzhen Dobot Corp Ltd Class H
Average Trading Volume: 5,611,154
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