Sou Hu Cai Jing·2025-12-23 10:09Core Viewpoint - China Resources Gas (01193) has entered into two new framework loan agreements to update its financing arrangements, reflecting the company's business scale and financial status [1] Group 1: Stock Performance - As of December 23, 2025, China Resources Gas closed at 22.56 HKD, down 0.62% from the previous trading day [1] - The stock opened at 22.68 HKD, reached a high of 23.0 HKD, and a low of 22.26 HKD during the day, with a trading volume of 154 million HKD [1] - Over the past 52 weeks, the stock has seen a high of 29.77 HKD and a low of 18.67 HKD [1] Group 2: Loan Agreements - The new framework loan agreements, effective from January 1, 2026, to December 31, 2028, include an overseas agreement with China Resources Group and a domestic agreement with China Resources Co [1] - The agreements are intended to replace the existing 2023 framework loan agreements and will allow for a maximum annual outstanding amount of 1.8 billion RMB, remaining unchanged over the three years [1] - The loans will be provided in HKD, RMB, and USD, with interest rates not lower than market comparable rates, and guarantees provided by China Resources Co or China Resources Group [1] - The transactions are classified as continuing connected transactions, requiring only disclosure and annual audit compliance due to the percentage rate being between 0.1% and 5%, exempting the need for independent shareholder approval [1]