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Beikong Water Group (00371) subsidiary received a term loan of up to $2.35 billion

Zhitongcaijing·10/30/2026 10:09:13
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According to Zhitong Finance App, Beijing Holdings Water Group (00371) issued an announcement. On October 30, 2026, Jianbang Investment Co., Ltd. (Jianbang), a wholly-owned subsidiary of Beikong Water Group Co., Ltd. (the Company), acted as the borrower and the Company as the guarantor to enter into a loan letter with the bank for a term loan of up to RMB 2.35 billion. The loan financing period is 2 years from the date of initial withdrawal, and can be extended for 1 year after the maturity date of the loan after the bank's discretionary approval.