BINHAI INV (02886) announced that its wholly-owned subsidiary, BINHAI Investment (Tianjin) Co., Ltd., has entered into a strategic cooperation agreement with Agricultural Bank of China Tianjin Xiqing Branch to establish a comprehensive partnership aimed at promoting industrial development and urban optimization in Tianjin.
Under the agreement, Agricultural Bank of China Tianjin Xiqing Branch has agreed to provide the group with an intended credit line equivalent to RMB 1 billion over the next five years. Subject to compliance, the bank will offer preferential deposit and loan interest rates, as well as fee structures, to support the group's operational, production, and investment-related credit needs.
The collaboration will also cover areas such as cash management, payroll services, payment solutions, personal financial services, and downstream customer cluster services. By leveraging the bank's innovative service models and comprehensive financial products, the partnership aims to provide efficient financial solutions to facilitate the group's rapid growth.
With the steady implementation of the group's financing optimization plan, significant progress in reducing financial costs was achieved in the first half of 2025. The board believes that this strategic cooperation will further strengthen the group's relationship with financial institutions, optimize its financing structure, lower funding costs, and enhance capital efficiency—ultimately consolidating its market position in regional economic development and improving overall competitiveness.