Zhi Tong Cai Jing·2025-08-25 00:18Core Viewpoint - Binhai Investment (02886) announced that its wholly-owned subsidiary, Tianjin TEDA Binhai Clean Energy Group Co., Ltd. (Tianjin Clean Energy), has obtained a credit facility of RMB 150 million from Sinopec Finance Co., Ltd. Tianjin Branch, which will be used for settling natural gas procurement payments to upstream suppliers [1] Group 1 - The credit facility will be issued through commercial acceptance bills, and Tianjin Clean Energy will bear the discount interest for the upstream suppliers [1] - A commercial bill acceptance contract has been signed between Tianjin Clean Energy and Sinopec Finance Tianjin, valid until December 30, 2025 [1] - This transaction marks the first time the company has settled gas payments using bills, providing low-cost funding and optimizing the financing structure and financial costs [1] Group 2 - The transaction supports the operational and developmental needs of the group [1] - Sinopec continues to demonstrate its commitment to supporting the group's sustainable development, reflecting its confidence in the company's growth prospects as a significant shareholder [1]