Western Construction: Intends to apply for a 330 million yuan loan from China Construction Financial Company for working capital.
The announcement of the Western Construction stated that, in order to meet the daily working capital turnover needs, the company has applied for a 3.3 billion yuan loan within the comprehensive credit limit under the "Financial Services Agreement" signed with China Construction Financial Corporation. The transaction constitutes a related party transaction and does not constitute a major asset restructuring. On January 28, 2026, the company's board of directors has reviewed and approved the proposal, and no shareholder meeting approval is required. The loan term does not exceed one year, and the annual interest rate is 80bp - 89bp lower than the 1 year LPR published by the National Interbank Funding Center on January 20, 2026. As of September 30, 2025, the company's deposit balance with China Construction Financial Corporation is 1.008 billion yuan, the loan balance is 3.88 billion yuan, and the actual credit usage amount is 38.73 billion yuan.
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