LONDON - Gowin New Energy Group Limited, a company listed on the AQSE Growth Market, announced it has secured a loan from its CEO, Mr. Chen Chih-Lung, to enhance short-term liquidity. The loan agreement, which includes £25,000 and NTD$300,000 at an interest rate of 2% per annum, is structured to be repaid within twelve months, with the option for extension by mutual consent.
The capital infusion is aimed at meeting the company’s immediate payment obligations and maintaining its working capital requirements. This transaction is classified as a related party transaction under Rule 4.6 of the AQSE Growth Market Access Rulebook. Independent (LON:IOG) directors Garry Willinge and Mr. Chien Chih-Peng have reviewed the terms and deemed the loan to be fair and reasonable for shareholders.
The announcement is based on a press release statement and was previously considered inside information under relevant market regulations. The directors of Gowin New Energy Group Limited have taken responsibility for this communication.
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