---
title: "Tongyu Heavy: Plans to apply for a financing limit of 7 billion yuan from financial institutions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234396093.md"
description: "Tongyu Heavy announced that the company and its subsidiaries plan to apply for a financing limit of no more than 7 billion RMB from banks and other financial institutions, with the limit to be used on a revolving basis. At the same time, the company intends to provide guarantees for its subsidiaries' financing from financial institutions, with a total new guarantee limit of 3.3 billion RMB"
datetime: "2025-04-03T10:52:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234396093.md)
  - [en](https://longbridge.com/en/news/234396093.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234396093.md)
generator: "portal-rs"
---

# Tongyu Heavy: Plans to apply for a financing limit of 7 billion yuan from financial institutions

Jin10 Data reported on April 3rd that Tongyu Heavy announced that the company and its subsidiaries plan to apply for a financing limit of no more than 7 billion RMB from banks and other financial institutions, with the limit to be used on a revolving basis. At the same time, the company plans to provide guarantees for its subsidiaries' financing from financial institutions, with a total new guarantee limit of 3.3 billion RMB

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**