Lvji Technology Holdings, Inc. (HK:1745) recently made an important announcement regarding its financial arrangements. The company’s subsidiaries have successfully secured significant funding, which includes a RMB10 million loan from the Bank of China and a RMB20 million credit line from China Merchants Bank. This funding has been obtained to cover the company’s everyday operating expenses and has been approved by the company’s Board as a positive step to strengthen its business operations.
The terms of the loan and credit agreement have been carefully reviewed and deemed fair and advantageous for the company’s shareholders after thorough negotiations. These financial arrangements will help Lvji Technology Holdings, Inc. to streamline its day-to-day operations and drive growth in the future.
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