Runze Technology: Intends to Seek Extra Credit Facility of Up to 50 Billion Yuan from Financial Entities
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Author:小编   

Runze Technology has disclosed its intention, alongside all its subsidiaries encompassed within the consolidated financial statements, to pursue an augmented credit facility from pertinent financial institutions. This is to be done in addition to the existing credit line, with the cumulative sum not surpassing RMB 50 billion (or its equivalent in foreign currency). The credit facility will encompass a diverse array of services, including but not limited to working capital loans, fixed asset loans, project financing, acceptance bills, guarantees, letters of credit, bill discounting, supply chain financing, accounts receivable factoring, and financial leasing. The precise financial institutions for collaboration, the ultimate financing quantum, and the specific modalities will be ascertained through subsequent discussions with the financial entities, culminating in the execution of formal agreements.