Hengxin Technology Secures RMB200 Million Policy-Based Loan for Delingha 350MW Solar Thermal Project

Reuters10-15
Hengxin Technology Secures RMB200 Million Policy-Based Loan for Delingha 350MW Solar Thermal Project

Hengxin Technology Ltd. has announced that its indirect 51%-owned subsidiary, Zhejiang Zhongguang New Energy Technology Co., Ltd., has entered into a loan agreement with Exim New-Type Policy Financial Instruments Co., Ltd. on 14 October 2025. The agreement involves a policy-based financial instrument for RMB200 million, managed by the Zhejiang Province Branch of the Export-Import Bank of China. The loan is designated for the Delingha 350MW tower-based solar thermal power project, supporting the Group's renewable energy strategy and strengthening its position in the solar thermal power generation sector. The company believes the financing will ensure smooth project implementation and contribute to stable long-term revenue growth.

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