Royal Group secures new banking credit line for operations

Royal Group Co., Ltd. held its Seventh Board of Directors' Tenth Meeting on November 7, 2025, approving an application for a maximum comprehensive credit limit of not exceeding RMB 40,000,000 from the Nanning Branch of Liuzhou Bank Co., Ltd. The meeting was conducted via in-person and remote voting, with all nine directors present. The resolution passed unanimously with nine votes in favor, zero against, and zero abstentions.

This credit line aims to support Royal Group's production and operations while optimizing its financial planning. The loan will be secured by a joint and several liability guarantee provided by Guangxi Royal Dairy Co., Ltd. This guarantee falls within the previously approved limits from the company's 2024 annual general meeting and the second extraordinary general meeting in 2025.

The specific details regarding credit products, amounts, currencies, terms, and guarantee methods will be finalized in the contract signed between Royal Group, the guarantor, and the Nanning Branch of Liuzhou Bank Co., Ltd. The move is expected to enhance the company's working capital and overall financial flexibility.