--- title: "CH BIOTECH SER's subsidiary has been granted a loan with a principal amount of up to 180 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/256845825.md" description: "CH BIOTECH SER announced that its wholly-owned subsidiary Pengbo (Hainan) has signed a loan agreement with Hainan Rural Commercial Bank, with a maximum loan amount of 180 million yuan. The loan will be used to construct a boron neutron capture therapy center, expected to open by the end of 2025, providing treatment services for cancer patients. The company plans to develop a network of treatment centers covering China with the support of the Boao Lecheng Pilot Zone, creating more revenue" datetime: "2025-09-11T04:33:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256845825.md) - [en](https://longbridge.com/en/news/256845825.md) - [zh-HK](https://longbridge.com/zh-HK/news/256845825.md) --- # CH BIOTECH SER's subsidiary has been granted a loan with a principal amount of up to 180 million yuan According to the announcement from China Biotech Services (08037), on September 9, 2025, Pengbo (Hainan) Boron Neutron Medical Technology Co., Ltd. (Pengbo (Hainan), a limited company established in China and an indirect wholly-owned subsidiary of the company as of the date of this announcement) entered into a loan agreement with the Qionghai Branch of Hainan Rural Commercial Bank Co., Ltd. (as the lender). According to this agreement, the lender agrees to provide a loan to Pengbo (Hainan) with a principal amount of up to RMB 180 million. The loan will provide additional support for the construction of the Boron Neutron Capture Therapy Center, aiming for the center to open and commence operations by the end of 2025, providing boron neutron treatment services for cancer patients in need. With the support policies of the Boao Lecheng Pilot Zone and using this center as a model, the group is committed to developing a network of boron neutron capture therapy centers covering China in the future, developing franchised hospitals to generate more revenue ### Related Stocks - [08037.HK](https://longbridge.com/en/quote/08037.HK.md) ## Related News & Research - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [Shanghai Henlius says China regulator clears HLX48 Phase 1 trial IND for solid tumors](https://longbridge.com/en/news/287189347.md) - [The 'Elon Musk Effect' Could Send SpaceX Stock Into Wild Swings After IPO Even If Starlink Makes 'Billions' In Profit, Warns Expert](https://longbridge.com/en/news/286923494.md) - [COSCO Shipping files HKEX return disclosing share buyback at HKD 15.38 each](https://longbridge.com/en/news/287190961.md) - [Market Chatter: NATO Discussing Hormuz Deployment to Help Guide Ships](https://longbridge.com/en/news/286930669.md)