China Tianbao Group Secures RMB800 Million Loan Facility for Subsidiary from China Construction Bank
China Tianbao Group Development Company Limited has announced its intention to enter into a corporate guarantee agreement with China Construction Bank Corporation, Huailai Branch. The guarantee, with a maximum amount of RMB800 million, is to secure the obligations of its wholly-owned subsidiary, Huailai Tianbao Health Care Service Co., Ltd., under a long-term loan facility provided by the bank. The loan, which matures in July 2041, bears interest at China's Loan Prime Rate minus 60 basis points, with annual repayments structured according to the business development needs of Tianbao Jingbei Health City. The company's board considers the agreement beneficial for enhancing the subsidiary's cash flow management and supporting its business operations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Tianbao Group Development Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251203-11942129), on December 03, 2025, and is solely responsible for the information contained therein.
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