PETRO-KING Subsidiary Provides Guarantee for Associate's Bank Loan

Deep News

13 hours ago

PETRO-KING (02178) announced that Petro-King Energy, an associate of the company, entered into a new revolving bank loan facility with Huizhou Rural Commercial Bank on February 13, 2026. The principal amount of the facility is RMB 63 million. The purpose of the new loan is to refinance certain existing bank loans of Petro-King Energy.

After trading hours on February 13, 2026, Petro-King Shenzhen, an indirect wholly-owned subsidiary of the company, entered into a new guarantee agreement with Huizhou Rural Commercial Bank to provide a guarantee for the new loan facility. According to the agreement, the guarantee amount provided by Petro-King Shenzhen will be limited to its equity interest ratio in Petro-King Energy.

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The principal amount of the facility is RMB 63 million. The purpose of the new loan is to refinance certain existing bank loans of Petro-King Energy.</p>\n<p>After trading hours on February 13, 2026, Petro-King Shenzhen, an indirect wholly-owned subsidiary of the company, entered into a new guarantee agreement with Huizhou Rural Commercial Bank to provide a guarantee for the new loan facility. According to the agreement, the guarantee amount provided by Petro-King Shenzhen will be limited to its equity interest ratio in Petro-King Energy.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PETRO-KING Subsidiary Provides Guarantee for Associate's Bank Loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPETRO-KING Subsidiary Provides Guarantee for Associate's Bank Loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-02-16 08:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>PETRO-KING (02178) announced that Petro-King Energy, an associate of the company, entered into a new revolving bank loan facility with Huizhou Rural Commercial Bank on February 13, 2026. The principal amount of the facility is RMB 63 million. The purpose of the new loan is to refinance certain existing bank loans of Petro-King Energy.</p>\n<p>After trading hours on February 13, 2026, Petro-King Shenzhen, an indirect wholly-owned subsidiary of the company, entered into a new guarantee agreement with Huizhou Rural Commercial Bank to provide a guarantee for the new loan facility. According to the agreement, the guarantee amount provided by Petro-King Shenzhen will be limited to its equity interest ratio in Petro-King Energy.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"159945","symbol_name":"能源","start_time":0,"source_url":"","article_id":"1124614902","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124614902","pubTimestamp":1771203039,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"PETRO-KING (02178) announced that Petro-King Energy, an associate of the company, entered into a new revolving bank loan facility with Huizhou Rural Commercial Bank on February 13, 2026. 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According to the agreement, the guarantee amount provided by Petro-King Shenzhen will be limited to its equity interest ratio in Petro-King Energy.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}