Wintime Energy Secures 500 Million Yuan Working Capital Loan

MT Newswires Live

2024/12/04

Wintime Energy (SHA:600157) received a three-year syndicated working capital loan of 500 million yuan from two banks, according to a Shanghai Stock Exchange disclosure on Wednesday.

The loan was provided by Jinshang Bank (HKG:2558) and Shanxi Bank as part of an agreement with the power company, the disclosure said.

Wintime's shares rose more than 1% in recent trade.

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