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Zhongtian Construction Secures Loan Agreement to Boost Operations

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Zhongtian Construction Secures Loan Agreement to Boost Operations

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Zhongtian Construction (Hunan) Group Limited ( (HK:2433) ) has shared an announcement.

Zhongtian Construction (Hunan) Group Limited announced that its subsidiaries, Zhuzhou Kaida Lifting Apparatus Leasing Company Limited and Hunan Zhongtian Hangxiao Steel Structure Construction Limited, have entered into a loan agreement with China Everbright Bank. The loans, which total RMB6,550,000, are intended for daily operations and are backed by a maximum joint liability guarantee from another subsidiary, Hunan Zhongtian Construction Group Corporation. This agreement is expected to enhance the operational capabilities and financial health of the company without adversely impacting its financial position.

More about Zhongtian Construction (Hunan) Group Limited

Zhongtian Construction (Hunan) Group Limited operates in the construction industry, focusing on steel structure construction and apparatus leasing. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 4,143,482

Technical Sentiment Signal: Hold

Learn more about 2433 stock on TipRanks’ Stock Analysis page.

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