The board of directors of the Zhongliang Holdings Group Company Limited announced that on 23 February 2021, the company accepted as borrower a facility letter issued by Hang Seng Bank Limited as lender in relation to a loan facility of not more than USD 20,000,000. The maturity date of the loan under the Facility Letter is 12 months from the date of drawdown. The facility will be available for drawdown within 6 months from 23 February 2021 (subject to fulfillment of the conditions set out in the Facility Letter).