Jun Yang Corporate Finance Company Limited (b2013-04-05) 君陽企業融資有限公司

China Gogreen (0397) cuts security, slashes interest rate on loan to Hanergy Investment Ltd
Company announcement, 1-Apr-2013
Yes it is 1st April and they are not joking. At the time of drawdown the cover will be 110%, or conversely, a margin loan of 90.9% of the value of the shares, which are presumably shares in Hanergy Solar (0566).
China Gogreen (0397) grants HK$120m loan facility to Hanergy Investment Ltd
Company announcement, 26-Mar-2013
The 13-month loan facility at 18% p.a. is secured against shares held by Hanergy Investment Ltd, which is the controlling shareholder of Hanergy Solar (0566) and is controlled by Li Hejun.

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