C FIN SERVICES (00605.HK): Unit Lends HK$17.75m at 13.5% in Discloseable Transaction

NewTimeSpace News: On 11 November 2026, China Financial Investment Management Limited (stock code: 605) announced that its indirectly wholly-owned subsidiary, Qianlong Lingda Finance Limited, as lender, entered into a loan agreement with customers GW and GX as borrowers for a principal of HK$17,750,000, for one year at 13.5% per annum.

Interest is payable monthly and principal is repayable at maturity, with the loan funded from the Group's general working capital. Customer GW is Ms Zheng Huixian and customer GX is Mr Wen Zhili, her spouse; both are engaged in Hong Kong in household appliance trading and manufacturing and in watch manufacturing, wholesaling and retailing respectively, and are independent third parties and new customers of the Group.

The loan is secured by first legal charges over two properties—a residential property in Sham Shui Po and an industrial property in Kwun Tong—with an aggregate market value of about HK$28,500,000 as appraised by an independent valuer on 13 October 2026, together with personal and corporate guarantees from guarantors A to D. The Company considers the collateral adequate and the credit risk controllable. As one or more applicable percentage ratios exceed 5% but are below 25%, the loan is a discloseable transaction.