Huaibei GD CO Grants 100 Million Yuan Loan Facility

Deep News04-20

Huaibei GD CO (02450) has announced the signing of a loan agreement. The agreement, dated April 17, 2026, was executed after trading hours on the Hong Kong Stock Exchange.

Under the terms of the agreement, the company, acting as the lender, will provide a loan of 100 million yuan to the borrower, Huaibei Construction Investment Holding Group Co., Ltd. The loan has a term of 12 months and carries an annual interest rate of 4.1%.

To secure the loan, a guarantee has been provided. The guarantor, Huaibei Public Utility Assets Operation Co., Ltd., has agreed to provide a guarantee for the benefit of Huaibei GD CO, serving as security for the loan facility.

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