ROBOSENSE (02498.HK): RMB 10 million loan to each of two directors

NewTimeSpace · 2026/10/22 08:26 · By Xuran Lin

On 21 October 2026, ROBOSENSE (02498.HK) said Shenzhen RoboSense will lend up to RMB 10 million each to Qiu Chunxin and Liu Letian, at 3.00% per annum.

Key Highlights:

Overdue amounts carry a late payment fee of 0.01% per day on the outstanding amount during the overdue period.
The loans are funded from internal resources; the Group had RMB 2,057.3 million in cash and cash equivalents, time deposits, restricted cash and restricted time deposits as at 30 June 2026.

NewTimeSpace News: On 21 October 2026, RoboSense Technology Co., Ltd (stock code: 02498) announced that its indirectly wholly-owned subsidiary Shenzhen RoboSense Technology Co., Ltd. entered into loan agreements on the same day with Qiu Chunxin, an executive director, the chairman and chief scientist, and Liu Letian, an executive director and chief technology officer, to lend each of them up to RMB 10 million.

Each loan runs for one year from the drawdown date of 22 October 2026 and bears interest at the one-year loan prime rate published by the National Interbank Funding Center (3.00% per annum). The loans are unsecured and must fund the borrowers' personal tax liabilities. As one or more applicable percentage ratios exceed 0.1% but all are below 5%, the agreements are subject to reporting and announcement requirements but exempt from circular and independent shareholders' approval. Qiu held about 10.49% of issued shares, excluding treasury shares.

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