• Zhejiang Laifual Drive plans credit facility agreements with financial institutions for up to RMB 1.5 billion in aggregate.
• Facilities would support broader banking lines, including loans, guarantees, letters of credit, acceptances, pledges, and bill discounting.
• Terms remain under negotiation; drawdowns depend on execution of definitive facility agreements.
• Counterparties were described as independent third parties; no agreements had been signed as of Aug. 28, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhejiang Laifual Drive Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12306366), on August 28, 2026, and is solely responsible for the information contained therein.