Connected transaction loan renewal agreement in relation to financial assistance to ruihai mining
Filed with HKEX · Stock code 1818 · · 5 pages · English
Summary by 6ix AI
The agreement is classified as a connected transaction under the Listing Rules due to the ownership structure involving Shandong Ruiyin and Zijin Mining. The loans are intended to provide working capital and refinance debts related to Ruihai Mining's gold mining project, which is still under construction. The directors believe the terms of the agreement are fair and in the best interest of the company and its shareholders.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Zhaojin Mining Industry Co., Ltd. on 6ix
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