Yonyou Network: Intends to apply for a 200 million yuan credit line from the affiliated Zhongguancun Bank.

date
24/02/2026
Yonyou Network announced that, for operational needs, the company plans to apply for a 2 billion yuan comprehensive credit limit from its affiliate, Zhongguancun Bank, with a one-year term. The credit type is for working capital loans. The company holds 29.8% equity in Zhongguancun Bank, with Chairman Wang Wenjing and Director Wu Zhengping serving as directors of the bank. In the past 12 months, the company and its subsidiaries had a maximum daily balance limit of 600 million yuan in deposits at the bank, which has been approved by the shareholders' meeting. This transaction has been approved by the board of directors, does not require submission to the shareholders' meeting, does not constitute a major asset restructuring, and has a positive impact on the company's operations.