Pianzaihuang: Controlling shareholder promises to receive a 4.5 billion equity loan for additional funding.

date
04/02/2026
Pianzaihuang announced that its controlling shareholder, Jiulongjiang Group, plans to increase its holdings of the company's shares with its own funds from February 1, 2026 to July 31, 2026, with an amount not less than 3 billion yuan and not more than 5 billion yuan. Recently, the Zhangzhou branch of Industrial and Commercial Bank has issued a "loan commitment letter" for Jiulongjiang Group, providing a special loan of up to 4.5 billion yuan for the increased holdings, with a term of 3 years, and the remaining funds will be from its own funds. This increase holding plan may face risks of not meeting expectations due to market changes and other factors, and the company will continue to disclose progress.