*St Yaxing: it plans to apply for a loan of 60 million yuan from the controlling shareholder
*St Yaxing announced that the company plans to apply to the controlling shareholder Weifang urban construction and Development Investment Group Co., Ltd. ("Weifang Urban Investment Group") for a loan of 60 million yuan, with an annualized interest rate of 7.5%, and the loan period is from the date of loan to May 30, 2022. The company does not need to provide mortgage guarantee for the above loan with its own assets.
This text is a result of machine translation.
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