Zhitong Finance App News, Minsheng Education (01569) issued an announcement. On October 21, 2026, the company (for the borrower) and China CITIC Bank International Limited (for the lender) signed a letter of credit. According to the letter of approval, China CITIC Bank International agreed to provide the company with a revolving loan of up to RMB 300 million or the equivalent of HKD and US dollars. The final repayment date of the company's loan under the letter of grant shall be no more than 12 months from the date of the relevant withdrawal.

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