Shanghai Industrial Urban Development Group Secures RMB900 Million Loan Facilities

Reuters

Feb 11

<a href="https://laohu8.com/S/SGHIF">Shanghai Industrial</a> Urban Development Group Secures RMB900 Million Loan Facilities

Shanghai Industrial Urban Development Group Ltd. has entered into two loan agreements with a bank, securing aggregate term loan facilities of RMB 900 million for a period of thirty-six months. The funds will be used to repay existing bank borrowings. Under the agreements, controlling shareholders Shanghai Industrial Investment (Holdings) Company Limited and Shanghai Industrial Holdings Limited are required to maintain at least a 51% shareholding and retain actual control and management of the company during the loan period. A breach of these conditions would constitute a default. The company expects that the new financing will help maintain relatively low financing costs and optimize its debt structure.

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. Shanghai Industrial Urban Development 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-20260211-12022189), on February 11, 2026, and is solely responsible for the information contained therein.

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The funds will be used to repay existing bank borrowings. Under the agreements, controlling shareholders <a href=\"https://laohu8.com/S/SGHIY\">Shanghai Industrial</a> Investment (Holdings) Company Limited and <a href=\"https://laohu8.com/S/600748\">Shanghai Industrial</a> Holdings Limited are required to maintain at least a 51% shareholding and retain actual control and management of the company during the loan period. A breach of these conditions would constitute a default. The company expects that the new financing will help maintain relatively low financing costs and optimize its debt structure.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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The funds will be used to repay existing bank borrowings. Under the agreements, controlling shareholders <a href=\"https://laohu8.com/S/SGHIY\">Shanghai Industrial</a> Investment (Holdings) Company Limited and <a href=\"https://laohu8.com/S/600748\">Shanghai Industrial</a> Holdings Limited are required to maintain at least a 51% shareholding and retain actual control and management of the company during the loan period. A breach of these conditions would constitute a default. The company expects that the new financing will help maintain relatively low financing costs and optimize its debt structure.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>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. Shanghai Industrial Urban Development 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-20260211-12022189), on February 11, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1230","symbol_name":"工业集团企业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260211:nNDL1Xpjcb:1","article_id":"2610190935","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610190935","pubTimestamp":1770806393,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Shanghai Industrial Urban Development Group Ltd. has entered into two loan agreements with a bank, securing aggregate term loan facilities of RMB 900 million for a period of thirty-six months. 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Under the agreements, controlling shareholders Shanghai Industrial Investment (Holdings) Company Limited and Shanghai Industrial Holdings Limited are required to maintain at least a 51% shareholding and retain actual control and management of the company during the loan period. A breach of these conditions would constitute a default. The company expects that the new financing will help maintain relatively low financing costs and optimize its debt structure.\n      \n\n\nDisclaimer: 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. Shanghai Industrial Urban Development 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-20260211-12022189), on February 11, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}