Dec 21, 2021 04:59 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 21 - Wanze shares announced that Zhuhai Wanze, a subsidiary of the company, recently obtained a fixed asset loan of 850 million yuan from Zhuhai branch of Bank of communications for a period of no more than 10 years. The company and its actual controller Lin Weiguang provided joint and several liability guarantee, and took Zhuhai Wanze's land use right and future projects under construction as mortgage guarantee. This credit line is mainly used for the construction and operation of Zhuhai Wanze biomedical project.