Core Viewpoint - Binhai Investment (02886.HK) announced that its wholly-owned subsidiary, Tianjin TEDA Binhai Clean Energy Group Co., Ltd., has secured a credit line of RMB 150 million from Sinopec Finance Co., Ltd. Tianjin Branch, which will be used for natural gas procurement payments [1] Group 1 - The credit line will be utilized through commercial acceptance bills issued by Sinopec Finance Tianjin for settling payments to upstream suppliers [1] - The 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] - The contract for the commercial acceptance bill is valid until December 30, 2025, indicating a long-term financial arrangement [1] Group 2 - The transaction supports the operational and developmental needs of the group, reflecting a strategic move to enhance financial efficiency [1] - Sinopec's involvement in this transaction demonstrates its commitment to supporting the group's sustainable development and showcases its confidence in the company's future prospects [1]