Tianjin Capital (01065) announced that on November 29, 2024, the board of directors reviewed and approved...
According to the information from Zhitong Finance APP, Tianjin Capital (01065) announced that on November 29, 2024, the board of directors reviewed and approved the company (as the lender) to provide loans totaling no more than 40 million yuan to Hebei Guojin Tianchuang (as the borrower) according to the loan agreement, of which the agreed loan amount of 24.35 million yuan has a term of 3 years, and the agreed loan amount of 15.65 million yuan has a term of 1 year.
Hebei Guojin Tianchuang is a project company formed by this company, Hebei Guokong, China State Construction Engineering Corporation Third Bureau, Tianjin Urban Research Institute, Shijiazhuang Gaocheng Construction Investment, and Shijiazhuang Gaocheng Economic Political Construction, established for the development, operation, and investment of PPP projects, and receives sewerage service fees during the concession period.
Hebei Guojin Tianchuang commenced commercial operations in October 2020, and due to a gap in operating funds, Hebei Guojin Tianchuang applied for a loan from this company. This company will provide loans based on the actual needs of Hebei Guojin Tianchuang.