BINHAI INV (02886) Receives Financial Support from Sinopec Finance Tianjin

Stock News

Aug 25

BINHAI INV (02886) announced that its wholly-owned subsidiary, Tianjin Teda Binhai Clean Energy Group Co., Ltd. (Tianjin Clean Energy), has secured a total credit facility of RMB 150 million from China Petrochemical Finance Co., Ltd. Tianjin Branch (Sinopec Finance Tianjin).

The credit facility will be provided through commercial acceptance bills issued by Sinopec Finance Tianjin, which will be used to settle natural gas procurement payments to upstream suppliers. Tianjin Clean Energy will bear the discount interest charged by upstream suppliers for the discount of these bills.

Tianjin Clean Energy and Sinopec Finance Tianjin have signed a Commercial Bill Acceptance Contract, which remains valid until December 30, 2025.

The company believes that based on actual business needs, this transaction represents the Group's first use of bill settlement for gas payments. This model provides the company with low-cost funding while optimizing the Group's financing structure and financial costs, thereby strongly supporting the Group's operational and development needs.

Furthermore, through this transaction, China Petrochemical continues to fulfill its commitment to support the Group's sustainable development, demonstrating Sinopec's firm confidence in the company's development prospects and practical commitment as an important shareholder.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1166219132"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1166219132\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1166219132?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-25 08:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1166219132","market":"us","top_or_hot":-1,"title":"BINHAI INV (02886) Receives Financial Support from Sinopec Finance Tianjin","media":"Stock News","content":"<p>BINHAI INV (02886) announced that its wholly-owned subsidiary, Tianjin Teda Binhai Clean Energy Group Co., Ltd. (Tianjin Clean Energy), has secured a total credit facility of RMB 150 million from China Petrochemical Finance Co., Ltd. Tianjin Branch (Sinopec Finance Tianjin).</p>\n<p>The credit facility will be provided through commercial acceptance bills issued by Sinopec Finance Tianjin, which will be used to settle natural gas procurement payments to upstream suppliers. Tianjin Clean Energy will bear the discount interest charged by upstream suppliers for the discount of these bills.</p>\n<p>Tianjin Clean Energy and Sinopec Finance Tianjin have signed a Commercial Bill Acceptance Contract, which remains valid until December 30, 2025.</p>\n<p>The company believes that based on actual business needs, this transaction represents the Group's first use of bill settlement for gas payments. This model provides the company with low-cost funding while optimizing the Group's financing structure and financial costs, thereby strongly supporting the Group's operational and development needs.</p>\n<p>Furthermore, through this transaction, China Petrochemical continues to fulfill its commitment to support the Group's sustainable development, demonstrating Sinopec's firm confidence in the company's development prospects and practical commitment as an important shareholder.</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>BINHAI INV (02886) Receives Financial Support from Sinopec Finance Tianjin</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\">\nBINHAI INV (02886) Receives Financial Support from Sinopec Finance Tianjin\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-08-25 08:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BINHAI INV (02886) announced that its wholly-owned subsidiary, Tianjin Teda Binhai Clean Energy Group Co., Ltd. (Tianjin Clean Energy), has secured a total credit facility of RMB 150 million from China Petrochemical Finance Co., Ltd. Tianjin Branch (Sinopec Finance Tianjin).</p>\n<p>The credit facility will be provided through commercial acceptance bills issued by Sinopec Finance Tianjin, which will be used to settle natural gas procurement payments to upstream suppliers. Tianjin Clean Energy will bear the discount interest charged by upstream suppliers for the discount of these bills.</p>\n<p>Tianjin Clean Energy and Sinopec Finance Tianjin have signed a Commercial Bill Acceptance Contract, which remains valid until December 30, 2025.</p>\n<p>The company believes that based on actual business needs, this transaction represents the Group's first use of bill settlement for gas payments. This model provides the company with low-cost funding while optimizing the Group's financing structure and financial costs, thereby strongly supporting the Group's operational and development needs.</p>\n<p>Furthermore, through this transaction, China Petrochemical continues to fulfill its commitment to support the Group's sustainable development, demonstrating Sinopec's firm confidence in the company's development prospects and practical commitment as an important shareholder.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1221","symbol_name":"燃气公用事业","start_time":0,"source_url":"","article_id":"1166219132","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166219132","pubTimestamp":1756081100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"BINHAI INV (02886) announced that its wholly-owned subsidiary, Tianjin Teda Binhai Clean Energy Group Co., Ltd. (Tianjin Clean Energy), has secured a total credit facility of RMB 150 million from...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1221":"燃气公用事业","02886":"滨海投资"},"translate_title":"滨海INV(02886)获中石化财务天津财务支持","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02886":1},"content_text":"BINHAI INV (02886) announced that its wholly-owned subsidiary, Tianjin Teda Binhai Clean Energy Group Co., Ltd. (Tianjin Clean Energy), has secured a total credit facility of RMB 150 million from China Petrochemical Finance Co., Ltd. Tianjin Branch (Sinopec Finance Tianjin).\nThe credit facility will be provided through commercial acceptance bills issued by Sinopec Finance Tianjin, which will be used to settle natural gas procurement payments to upstream suppliers. Tianjin Clean Energy will bear the discount interest charged by upstream suppliers for the discount of these bills.\nTianjin Clean Energy and Sinopec Finance Tianjin have signed a Commercial Bill Acceptance Contract, which remains valid until December 30, 2025.\nThe company believes that based on actual business needs, this transaction represents the Group's first use of bill settlement for gas payments. This model provides the company with low-cost funding while optimizing the Group's financing structure and financial costs, thereby strongly supporting the Group's operational and development needs.\nFurthermore, through this transaction, China Petrochemical continues to fulfill its commitment to support the Group's sustainable development, demonstrating Sinopec's firm confidence in the company's development prospects and practical commitment as an important shareholder.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}