--- title: "Sanfeng Environment: Controlling shareholder receives loan support for an increase of no more than 50 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/247471317.md" description: "Sanfeng Environment announced that the company received a \"Shareholder's Special Loan Increase Notification Letter\" from its controlling shareholder, Derun Environment. According to the relevant notification, Derun Environment has obtained a \"Loan Commitment Letter\" issued by the Chongqing Branch of CITIC BANK. CITIC BANK has committed to provide Derun Environment with a loan support of no more than RMB 50 million for the purpose of increasing its holdings of the company's A-share stock, with a loan term not exceeding 3 years. The funding source for Derun Environment's current increase plan will be its own and self-raised funds" datetime: "2025-07-07T10:06:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/247471317.md) - [en](https://longbridge.com/en/news/247471317.md) - [zh-HK](https://longbridge.com/zh-HK/news/247471317.md) --- # Sanfeng Environment: Controlling shareholder receives loan support for an increase of no more than 50 million yuan Sanfeng Environment announced that the company received a "Shareholder's Notice on Special Loan for Shareholding Increase" from its controlling shareholder, Derun Environment. According to the relevant notification, Derun Environment has obtained a "Loan Commitment Letter" issued by the Chongqing Branch of CITIC BANK. CITIC BANK has committed to provide Derun Environment with a shareholding increase loan support of no more than RMB 50 million, specifically for Derun Environment's increase of the company's A-share holdings, with a loan term not exceeding 3 years. The funding source for Derun Environment's current shareholding increase plan is its own and self-raised funds ### Related Stocks - [601998.CN](https://longbridge.com/en/quote/601998.CN.md) - [00998.HK](https://longbridge.com/en/quote/00998.HK.md) - [601827.CN](https://longbridge.com/en/quote/601827.CN.md) ## Related News & Research - [Hunter: Inflation expectations drifting higher is an elevated risk RBA cannot ignore](https://longbridge.com/en/news/286828731.md) - [Bank of Japan board member Koeda says the economy is unlikely to worsen sharply, but developments in the Middle East could alter the outlook.](https://longbridge.com/en/news/287164515.md) - [Americans Have Spent $41 Billion Extra On Gas Since Iran War Began As Inflation Pressures Spread Across Economy](https://longbridge.com/en/news/286750219.md) - [Piyush Goyal asks industry to boost manufacturing to reduce imports](https://longbridge.com/en/news/286755269.md) - [ZAWYA: Ahlibank strengthens corporate and digital banking leadership with dual industry honours](https://longbridge.com/en/news/287154061.md)