On 6 May 2022, the Tse Sui Luen Jewellery (International) Limited and a subsidiary of the Company as guarantors and another subsidiary of the Company as borrower entered into a facilities agreement with Hang Seng Bank Limited, China CITIC Bank International Limited, United Overseas Bank Limited, Fubon Bank (Hong Kong) Limited, Bank SinoPac, Hong Kong Branch and China Construction Bank (Asia) Corporation Limited acting as the mandated lead arrangers and original lenders, pursuant to which certain loan facilities, comprising a term loan and a revolving loan, in the aggregate amount of HKD 820,000,000 (the "Facilities") has been granted to the Borrower for a term of 3.5 years from the date of the first utilisation of the Facilities.