
Huatian Hotel Plans to Apply for 520 Million Yuan Credit

Huatian Hotel Group plans to apply for a credit limit of 520 million yuan from Hunan Bank, according to a Shenzhen Stock Exchange filing on Tuesday. The loan will be used to mortgage 14 real estate properties in Qianyuan Gong Community, Ziyang District, Yiyang City, Hunan Province, China, which is owned by the Chinese hotel operator's unit, Ziyang Commercial Investment and Development. The properties have a total construction area of 25,043.39 square meters.
Huatian Hotel Group plans to apply for a credit limit of 520 million yuan from Hunan Bank, according to a Shenzhen Stock Exchange filing on Tuesday.
The loan will be used to mortgage 14 real estate properties in Qianyuan Gong Community, Ziyang District, Yiyang City, Hunan Province, China, which is owned by the Chinese hotel operator's unit, Ziyang Commercial Investment and Development.
The properties have a total construction area of 25,043.39 square meters.

