TIAN CHANG GP Subsidiary Secures Up to RMB280 Million Floating-Rate Term Loan Facility
Stock News
Oct 02
TIAN CHANG GP (02182) announced that on 30 September 2026, its indirectly wholly-owned subsidiary Tianhao New Material Technology (Huizhou) Co., Ltd. and Bank of China Limited Huizhou Branch (the lender) formally entered into a term loan facility agreement.
Under the agreement, the lender has agreed to provide Tianhao with a term loan facility of up to RMB280 million bearing interest at a floating rate.
The facility will fund the construction and equipment procurement for new production plants for advanced materials and semi-solid magnesium alloy injection molding.
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