Shenda Shares ((600626): To Provide Guarantee For The Holding Subsidiary Of No More Than 40 Million US Dollars

Shenda (600626) announced on the evening of September 24. Recently, auria solutions Ltd. (hereinafter referred to as "auria company") and New York branch of China Merchants Bank Co., Ltd. (hereinafter referred to as "New York branch") of China Merchants Bank Co., Ltd. (hereinafter referred to as "China Merchants Bank New York branch") recently announced on the evening of September 24 Signed an amendment to the US $50 million loan agreement in September 2019; The loan amount agreed in the agreement is reduced to US $40 million and the loan term is two years. On September 23, 2021, the company applied for and issued a guarantee letter of credit with an amount of US $40 million to Shanghai Branch of China Merchants Bank Co., Ltd. (hereinafter referred to as "China Merchants Bank Shanghai Branch"), which provided guarantee of no more than 40 million US dollars for auria company's above-mentioned loans by way of internal guarantee and external loan.