Qilu Expressway Secures RMB150 Million Liquidity Loan Backed by Shandong Hi-Speed and Pingyin Land Improvement
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Qilu Expressway Company Limited has secured a RMB150 million liquidity loan, with a guarantee of RMB90 million from Bank of China for its subsidiary, Qilu Expressway (Shandong) Assembly Company. The loan is supported by Pingyin Land Improvement Investment Co., Ltd. for the remaining RMB60 million. The guarantee period is three years from issuance.
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