Yunnan Energy International Co. Limited (HK:1298) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Yunnan Energy International Co. Limited has secured a RMB25 million credit facility from Kunming Panlong District Rural Credit Cooperative Union to bolster its supply chain and distribution operations. The credit facility will support the company’s working capital needs and can be utilized in various forms of Renminbi and trade financing services. This strategic financial move is set to enhance Yunnan Energy’s business capabilities over the next three years.
For further insights into HK:1298 stock, check out TipRanks’ Stock Analysis page.