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重庆渝开发拟1411.2万资助参股公司还贷款本息

Core Points - Chongqing Yudong Development Co., Ltd. approved a financial assistance plan to its associate company, Chongqing Langfu Real Estate Co., Ltd., amounting to no more than 14.112 million yuan, representing a 49% equity stake [1] - The financial assistance is intended for repaying the principal and interest of a development loan from China Bank for the Shanyucheng Phase 1.2 project [1] - The assistance period is set for one year, starting from the date of fund transfer to the designated account of Langfu [1] - The interest rate will be based on the one-year Loan Prime Rate (LPR), subject to adjustment on January 1 of the following year if necessary [1] - A financial assistance agreement was signed on September 24 among the company, Shanghai Fudi Investment Management Co., Ltd., and Langfu [1] - The board of directors of Chongqing Yudong Development announced this development on September 26 [1]