Shaanxi Construction Co., Ltd. intends to inject 952 million yuan in loans for the capital of highway projects.
Shaanxi Construction Announcement: The company's ninth board of directors passed a resolution at the second meeting, approving the application for a policy-based financial instrument loan of RMB 951.63 million from the Shaanxi Branch of the China Development Bank and China's New Type of Policy Financial Instrument Co., Ltd. The funds will be injected into Guangdong Shaanxi Hui Ping Highway Project Management Co., Ltd. in the form of equity funds for the capital of the Huicheng to Pingshan Highway project. The vote result was 9 in favor, 0 against, and 0 abstentions.
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