Core Viewpoint - China Jinmao (00817) announced a framework agreement involving its indirect non-wholly owned subsidiary Beijing Zhaoxing, which will provide loans to its shareholders Fangxing Yicheng, Shanghai Jianda, and Fuzhou Yucheng based on their respective equity stakes [1] Group 1 - The framework agreement is set to be effective until August 27, 2025, and outlines the terms under which Beijing Zhaoxing will provide loans [1] - The maximum daily balance of loans, including accrued interest, to be provided by Beijing Zhaoxing is expected to be RMB 19.5671 billion to Shanghai Jianda and RMB 16.21274 billion to Fuzhou Yucheng [1] - The board believes that this transaction is conducted under normal commercial terms as part of the group's daily business and is fair and reasonable, aligning with the overall interests of the company and its shareholders [1]
中国金茂附属向方兴亦城、上海建发及福州裕诚提供贷款