165438+1October 10, China resources land co., ltd announced that on 202165438+1October 10, the company entered into a loan financing agreement with a bank as a borrower. Loan financing lasts for five years from the date of withdrawal.

Viewpoint Real Estate New Media said that according to the financing agreement, if China Resources Group stops (1) directly or indirectly holding at least 35% of the company's issued share capital, or (2) has the right to appoint members of the company's board of directors, it will constitute a change of control.

If the control right under the financing agreement changes, according to the financing agreement, the lender may announce the cancellation of the loan line and/or declare that all outstanding funds under the loan line, together with all accrued interest and all other funds that the company needs to pay according to the financing agreement, will immediately expire and be repaid.