China Resources Gas Group Signs New Framework Loan Agreements with Group Companies

Reuters
12/22
China Resources Gas Group Signs New Framework Loan Agreements with Group Companies

China Resources Gas Group Ltd. has entered into new Framework Loan Agreements for 2026, building upon previous arrangements from 2023. Under the new agreements, advances made to members of the China Resources Group will be guaranteed by China Resources Investment $(CRI)$, China Resources Holdings $(CRH)$, or a combination of CRH and a China Resources Group listed company, depending on the borrower. Notably, subsidiaries not wholly owned by CRI will pay a guarantee fee of 0.05% per annum on the loan amount, reflecting prevailing market rates. The agreements allow for early repayment with ten business days’ notice and require best endeavours from listed company shareholders to ensure prompt reimbursement to CRI in case of a default. The lending caps were determined through arm’s length negotiations, taking into account operational scale, historical transaction amounts, and projected cash flows.

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 Resources Gas Group 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-20251222-11963509), on December 22, 2025, and is solely responsible for the information contained therein.

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