Ausda Holdings: Received up to 200 million yuan interest-free loan from Hainan Hongyan, with a term of six months.

date
01/07/2026
Announcement of Aoda Holdings: On July 1, 2026, the company entered into a loan agreement with Hainan Hongyan Information Technology Co., Ltd., whereby the lender agrees to provide the company with a maximum amount of RMB 200 million in term loan financing for a period of six months from July 1, 2026. The loan is interest-free and unsecured, and may be renewed after negotiation. The company intends to use the loan proceeds for general working capital. The lender is controlled by the Chairman and non-executive director of the company, Yao Shaobin, constituting a related party transaction, but has been fully exempted from complying with shareholder approval and disclosure requirements.