Financials, Automotive, Technology Dec 08, 2021 06:29 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 8 - Huajin announced that according to the company's development needs and to ensure the capital needs of daily production and operation, the company plans to apply to ordnance Finance Co., Ltd. for a credit line of 2.2 billion yuan for a period of one year, and the business type is the discountable line for issuing commercial bills. Ordnance finance is the holding subsidiary of China Ordnance Industry Group Co., Ltd., the actual controller of the company, and this transaction constitutes a related party transaction.