Gelonghui, March 18 | Jingneng Real Estate (600791.SH) announced that the company's 2024 financing plan: Apply for a loan of 4 billion yuan from Beijing Energy Group Co., Ltd. (“Jingneng Group”). The interest rate does not exceed the interest rate quoted in the loan market for the company to repay existing debts and meet project development and construction needs. The specific period and interest rate are based on the actual contract signed, and payments are made in installments according to the company's capital requirements.
In 2024, it is planned to apply for a comprehensive credit line of no more than 2 billion yuan from financial institutions. Jingneng Group will provide guarantees, no guarantee fees, to reduce capital costs, repay principal and interest on existing debts, etc. The specific period and interest rate are subject to actual processing conditions.