Qilu Expressway Secures RMB150 Million Liquidity Loan Backed by Shandong Hi-Speed and Pingyin Land Improvement

Reuters2025-12-30
Qilu Expressway Secures RMB150 Million <a href="https://laohu8.com/S/LQDT">Liquidity</a> Loan Backed by <a href="https://laohu8.com/S/600350">Shandong Hi-Speed</a> and Pingyin Land Improvement

Qilu Expressway Company Limited has provided a Liquidity Support Commitment Letter to Bank of China Limited (Pingyin Branch), offering a joint and several liability guarantee for its subsidiary, Qilu Expressway (Shandong) Assembly Company Limited. The guarantee, with a maximum amount of RMB90 million, covers 60% of a short-term liquidity loan credit facility totaling RMB150 million for Qilu Expressway Assembly. The guarantee period is three years from the date of issuance. The remaining 40% of the loan support, up to RMB60 million, will be guaranteed by Pingyin Land Improvement Investment Co., Ltd., the other shareholder of Qilu Expressway Assembly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qilu Expressway Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251230-11971014), on December 30, 2025, and is solely responsible for the information contained therein.

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