Yunnan Energy Investment's Unit to Apply for 102 Million Yuan Loan

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Yunnan Energy Investment's Unit to Apply for 102 Million Yuan Loan

MT Newswires Live03-12

Yunnan Energy Investment's (SHE:002053) unit, Yuxi Energy Investment Natural Gas Industry Development, plans to apply a project loan worth 102.4 million yuan, according to a Shenzhen Stock Exchange disclosure on Wednesday.

The loan will be applied at the Postal Savings Bank of China (HKG:1658, SHA:601658).

Yuxi Energy will use the Yuxi emergency gas reserve center's equipment as collateral for the loan, the Chinese investment management services provider said.

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