Yunnan Energy Investment's (SHE:002053) unit, Yuxi Energy Investment Natural Gas Industry Development, plans to apply a project loan worth 102.4 million yuan, according to a Shenzhen Stock Exchange disclosure on Wednesday.
The loan will be applied at the Postal Savings Bank of China (HKG:1658, SHA:601658).
Yuxi Energy will use the Yuxi emergency gas reserve center's equipment as collateral for the loan, the Chinese investment management services provider said.