Tianchang Group (02182.HK) subsidiary granted a term loan facility of up to RMB280 million at floating interest rate
Zhito Finance APP News, Tianchang Group (02182.HK) announced that on September 30, 2026, the Company's indirectly wholly-owned subsidiary Tianhao New Material Technology (Huizhou) Co., Ltd. and Bank of China Limited Huizhou Branch (the Lender) have formally entered into a term loan facility agreement, pursuant to which the Lender has agreed to provide Tianhao with a term loan facility of up to RMB280 million bearing interest at a floating rate, to fund the construction and equipment acquisition involved in building new production plants for advanced materials and semi-solid magnesium alloy injection molding.
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