K N Wellness* Announces Subsidiary's Lending of Funds Pursuant to Article 22, Paragraph 1, Item 2 of the Regulations Governing Lending and Endorsement Guarantees by Publicly Offered Companies
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K N Wellness, through its subsidiary Shang Ping Resource Recycling Co., Ltd., has increased operating fund lending to its affiliated companies. New loans total 80,000 thousand yuan to Ji Wei, 70,000 thousand yuan to Da Ning, and 50,000 thousand yuan to Ji Ding. The total new lending amounts to 180,000 thousand yuan, bringing the total outstanding balance to 1,360,000 thousand yuan.