[Shang Yo] Announcement Regarding New Capital Lending to Subsidiaries Due to Short-Term Funding Needs.
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Shang Yo announced on May 12, 115, that it will provide new loans totaling 350,000 thousand yuan to its subsidiaries, Xingyun Computer Co., Ltd. (150,000 thousand yuan), Shang Yu Construction Co., Ltd. (100,000 thousand yuan), and Century Minsheng Technology Co., Ltd. (100,000 thousand yuan) due to short-term funding needs. The loans carry an annual interest rate of 3.244% and are due for repayment on May 11, 116.