Huakai Medical Subsidiary, Weissda, Secures Multi-Billion CNY Revolving Loan

Huakai Medical (01931) announced that on July 10, 2025, its subsidiary Weissda Medical Equipment (Shanghai) Co., Ltd. (Weissda), as the borrower, signed a sustainable development revolving loan agreement, under which Weissda secured a multi-billion CNY revolving loan with a repayment period of 12 months from the first drawdown date.

The syndicated loan agreement was led by the Shanghai branch of the East Asia Commercial Bank (China) Co., Ltd. and supported and participated by other banks (lenders), including Sumitomo Mitsui Banking Corporation (China) Co., Ltd., Japan's Sumitomo Mitsui Trust Bank, Ltd. Shanghai Branch, Shanghai Yangpu Branch of Jinzhou Bank, Qingdao Branch of Hanchuan Commercial Bank, and ShenYang Branch of Enterprise Bank (China) Co., Ltd.

The syndicated loan with a revolving credit limit of multi-billion CNY was highly responsive to the market and successfully achieved financing. The revolving credit facility allows Weissda to repeat drawdowns during the repayment period, providing flexible and ample medium-to-long-term funding pool, fully demonstrating the international and regional financial institutions' high recognition of Weissda's stable operation and sustainable development strategy.