Yankuang Energy Subsidiary Extends 1-Billion-Yuan Loan

MT Newswires Live

06/03

Yankuang Energy (HKG:1171) subsidiary Shandong Energy Group Luxi Mining extended a 1 billion yuan loan to Linyi Mining Group Heze Coal Electricity, according to a Friday filing with the Hong Kong bourse.

The loan has a three-year term and an interest rate of 3.1% per annum, the filing said.

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