Nordic Aqua (Ningbo) Co. Ltd. being the 100% owned daughter company of Nordic Aqua Partners A/S, has signed an agreement with Bank of Ningbo, Xiangshan Branch, to provide banking services to its operation of the RAS based salmon farm in Ningbo, China. The agreement includes typical banking services for a company in rapid development and is based on a long term partnership. Bank of Ningbo is a private bank with its headquarter in Ningbo, and with long experience in providing banking services to wholly foreign owned companies in China, including professional assistance and support within international banking and foreign currency. The agreement also includes a conditional credit facility of RMB 35 million, [NOK 47 million/EUR 4,6 million] which will be used as a typical working capital facility. Both parties have the objective to expand the credit facility as the business develops.