Zhi Tong Cai Jing·2025-08-25 14:24Core Viewpoint - The company, Kailaiying, is seeking to apply for a comprehensive credit facility of up to 2.5 billion RMB to ensure the continuity of its banking credit lines and support its operational and developmental funding needs [1] Group 1: Credit Facility Application - The company plans to apply for a credit facility from several financial institutions, including Shanghai Pudong Development Bank, China Merchants Bank, Bank of China, Industrial and Commercial Bank of China, Citibank (China), Standard Chartered Bank, and Bohai Bank [1] - The proposed credit facility is aimed at meeting the daily operational funding and business development needs of the company and its subsidiaries [1] - The credit facility will have a term of no more than one year, subject to approval by the company's board of directors [1]