C FIN SERVICES (00605.HK): Subsidiary Grants Loan of RMB 10 Million

NewTimeSpace News: On 26 August 2026, C FIN SERVICES (00605.HK) announced that its subsidiary Shenzhen Lingda Microfinance granted a loan of RMB 10 million for six months at 24% per annum, secured by two commercial properties in Shenzhen Futian.

NewTimeSpace News: On 26 August 2026, China Financial Services Holdings Limited (stock code: 00605) announced that its wholly-owned subsidiary Shenzhen Lingda Microfinance entered into a loan agreement with borrower granting a loan of RMB 10.0 million for a term of six months from the drawdown date, at an annual interest rate of 24%.

According to the announcement, the loan is secured by first legal mortgages over two commercial properties in Futian District, Shenzhen, with an aggregate market value of approximately RMB 23.26 million as appraised on 7 August 2026. 

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