Insigma Technology (SHA:600797) applied for one-year loans totaling 35 million yuan from two banks to replenish its working capital, according to a Sept. 14 filing on the Shanghai Stock Exchange.
The Chinese technology services provider applied for a working capital loan of 15 million yuan from the Hangzhou Chaohui branch of Industrial and Commercial Bank of China or ICBC (HKG:1398, SHA:601398).
The other 20 million yuan was sought from the Hangzhou High-tech Development Zone branch of Bank of China (HKG:3988, SHA:601988), the filing said.
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