Consumer Discretionary Oct 13, 2021 10:08 PM (GMT+8)
Cailian, October 13 (Xinhua) -- Dou Xin, the second largest shareholder, director and CEO of the company, borrowed 150 million yuan from Shanghai linzhuo Advertising Co., Ltd. to meet the capital needs of the company's daily operation and support the smooth transformation of the company's business. The fund will be used to support and protect the daily operation of listed companies, Including providing sufficient financial guarantee for the refund of some students. (up to now, the tuition fees of the students in study are about 78 million yuan, and the above loans can be fully guaranteed, or some students will refund the fees immediately).
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