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Wintime Energy Co Ltd and Sub-subsidiaries to Apply for Loan
Wintime Energy Co Ltd announced that it will apply to CHINA DEVELOPMENT BANK for a comprehensive credit line of RMB 3,200 million with a term of one year to three years, its Shanxi-based sub-subsidiary, a mining company, will apply to CHINA DEVELOPMENT BANK for a loan of RMB 205 million with a term of eight years, and its another Shanxi-based sub-subsidiary, a mining company, will apply to CHINA DEVELOPMENT BANK for a loan of RMB 345 million with a term of eight years.
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