Waigaoqiao: Controlling shareholder receives loan support for class A share increase

On October 22nd, Waigaoqiao announced that the controlling shareholder Foreign Asset Management Company and Bank of China signed the "Stock Increase Loan Cooperation Agreement". Bank of China intends to provide foreign asset management companies with financing support for increasing their holdings of listed companies' stocks. The loan amount does not exceed RMB 480 million yuan. The special project is used to increase the holdings of Waigaoqiao class A share stocks by centralized bidding transactions. The source of funds for this round of increase plans is the foreign asset management company's own and self-raised funds.