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IN BRIEF: Gowin New Energy inks loan deal with CEO to boost liquidity

5th Sep 2025 13:24

Gowin New Energy Group Ltd - Cayman Islands-based business involved in LED-related products, tea trading and agarwood trading - Enters loan agreement with Chief Executive Chen Chih-Lung, under which he has made around GBP7,200 available with a 2% interest rate per year. Says the loan is repayable in 12 months, and is extendable by mutual consent. The purpose of the loan, says the company, is to provide short-term liquidity to satisfy its payment obligations. Adds that CEO Chih-Lung will continue to support its working capital requirements "as and when required."

Current stock price: 0.0075 pence

12-month change: unchanged

By Christopher Ward, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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