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Chen Lin Education Group Holdings Ltd. ( (HK:1593) ) just unveiled an update.
Chen Lin Education Group Holdings Ltd. has announced the provision of a guarantee to China CITIC Bank Corporation Limited for a maximum of RMB300 million. This guarantee supports the banking facility agreement for its subsidiary, Jiangxi Institute of Applied Science and Technology, aiming to enhance its cash flow management and business operations. The agreement terms were negotiated at arm’s length and are considered fair and beneficial for the company and its shareholders.
More about Chen Lin Education Group Holdings Ltd.
Chen Lin Education Group Holdings Ltd. is an educational services provider incorporated in the Cayman Islands, focusing on offering educational programs and services through its subsidiaries, including the Jiangxi Institute of Applied Science and Technology.
Average Trading Volume: 485,531
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.44B
Find detailed analytics on 1593 stock on TipRanks’ Stock Analysis page.