Yibin Tianyuan Group's controlling shareholder received a commitment letter for a special loan to increase its shareholding in the company.

25/02/2025

Tianyuan Group Co., Ltd. (002386.SZ) issued an announcement. The company's controlling shareholder, Yibin Development Holdings Group Co., Ltd. (referred to as...

Yibin Tianyuan Group (002386.SZ) announced that its controlling shareholder Yibin Development Holdings Group Co., Ltd. (abbreviated as "Yifazhan") will increase its holding of the company's shares through centralized bidding trading on the Shenzhen Stock Exchange system within six months from the date of the announcement, with a minimum amount of 1.5 billion yuan and a maximum amount of 3 billion yuan. Recently, the company received a notification from its controlling shareholder Yifazhan, stating that on February 25, 2025, Yifazhan obtained a loan commitment letter from Industrial Bank Chengdu Branch (hereinafter referred to as "Industrial Bank Chengdu Branch"). Industrial Bank Chengdu Branch agreed to provide Yifazhan with a loan support of up to 2.7 billion yuan, with a loan term of 3 years, and the loan can only be used for increasing its holding of Yibin Tianyuan Group's stock.

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